Pension News for 16 November

November 16, 2008

Pension scheme risk from bankruptcies
Scotland on Sunday - Edinburgh,Scotland,UK
By Rosemary Gallagher MEMBERS of final salary pension schemes risk losing out in retirement as companies face bankruptcy during the credit crunch and …
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High corporate bond yields flatter pension fund liabilities
Financial Times - London,England,UK
By Norma Cohen BT Group reported a £600m after-tax surplus in its pension scheme as at September 30, down from £2bn at the end of March, with a drop in the …
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Expert ways to shield pensions
Times Online - UK
Millions of workers have been left fearing for their pensions as the stock-market crash has wiped billions off their funds. The slide has opened up a £97 …
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SUMMIT NOTEBOOK: Return to roots for host building
The Associated Press
Now known as the National Building Museum, it originally was the Pension Building, constructed the late 19th century to distribute government pensions after …
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GM Canada’s pension plan in trouble even before market collapse
Toronto Star - Ontario, Canada
G eneral Motors pensioners in Canada are seeking advice from a leading pension lawyer as the embattled automaker holds out its hand for help from the …
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Ask the Expert: Which pension option is best?
Newsday - Long Island,NY,USA
He was given a sheet from the human resources department advising us of our pension choices, but we’re not sure what they are or which ones we should take. …
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US Judge Extends Freeze on Argentina Pension-Fund Transfers
Bloomberg - USA
15 (Bloomberg) — A freeze on Argentina’s transfer of its pension fund investments out of the US was extended by a federal judge in New York. …
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Written by Bear · Filed Under News

Pension Fund Meltdown