All IPE articles in June 2009 (Online) – Page 9
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News
Employer DC cuts puts more pressure on individuals
[17:00 CEST 30-06] UK – Almost three-quarters of occupational defined contribution (DC) members are saving "adequately", according to UK insurer Scottish Widows, however employers are gradually reducing their contributions and leaving employees to make up the shortfall.
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News
Hewitt awarded EC cross-border feasibility study
[17:15 CEST 30-06] EUROPE – The European Commission (EC) has appointed Hewitt Associates to conduct a feasibility study on the requirements for establishing a pan-European pension fund for researchers.
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News
Transparency on pension risks is paramount - Netspar
[17:15 CEST 30-06] NETHERLANDS - Pension funds must make pension risks more transparent to their participants, the Dutch pensions research organisation Netspar believes. Funds should also focus on real guarantees, which should increase with age.
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News
Surrey dropped £463m in 2008-09
[17:20 CEST 30-06] UK – Surrey County Council has revealed its pension fund lost £463m (€544.5m) in 2008-09 as a result of the financial crisis, as the investment return on the fund was -24.7%.
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News
TPR adds buyouts to toolkit as new code is finalised
[17:20 CEST 30-06] UK – The Pensions Regulator (TPR) has added a new module to its ‘Trustee Toolkit’ providing guidance on buy-ins and partial buy-outs to coincide with the publication of a code of practice relating to the ‘material detriment test’.
