AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-29444230_ITM" title="Facts and information about Pension Schemes - Bridging the gap.">Pension Schemes - Bridging the gap.</a>
Close
Set up an RSS feed that alerts you when new articles from Europe Intelligence Wire are available.
Frequently asked questions about RSS feeds
Pension Schemes - Bridging the gap.
(From Post Magazine)
Back in the 1960s and 1970s, things were almost idyllic - the cult of the equity ruled, real interest rates, while fluctuating, were relatively high and the pension regime in most companies had a well-settled routine. This was rooted in final-salary-based, defined benefit pensions with retirement ages of 60 or 65 for men and 55 or 60 for women. Employees paid about 3% to 6% of salary into their funds while the employer topped this up with perhaps 8% to 10%. In short, pensions rarely merited discussion. Management was content to act on the advice of their actuaries and pension trustees, making minor adjustments to their fund's investment ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- News: DB schemes await final closure.
- Magazine article from: Pensions Week July 3, 2006 700+ words
...Consulting of 115 UK companies operating DB schemes, illustrated a move away from DB pension schemes over the next six years - assuming at least...of the respondents who were keeping their DB schemes open to new members said they were doing...
- DB schemes continue to lose favour.
- Magazine article from: Employee Benefits January 16, 2007 700+ words
...levels into defined benefit (DB) pension schemes in the past 12 months. Other employers...to integrate their organisation's pension schemes into a flexible benefits plan. The demise of DB schemes looks set to continue, with 14% of...
- NEW SCHEME FUNDING REQUIREMENTS FOR DB SCHEMES COMING.
- News wire article from: Europe Intelligence Wire December 9, 2005 700+ words
...NEW SCHEME FUNDING REQUIREMENTS FOR DB SCHEMES COMING INTO FORCE New scheme funding...regulations for defined benefit occupational pension schemes will replace the Minimum Funding Requirement...on the current rules and will allow pension schemes to develop an appropriate funding ...
- 83% Of DB schemes closed to new members.
- Magazine article from: Money Marketing August 28, 2008 700+ words
...three per cent of final-salary pension schemes are now closed to new members...year. Tighter regulation of pension schemes, volatile market conditions...restricting the ability to offer DB schemes. Of those schemes that are closed...
- Dropping rules would aid DB schemes, claims PPI.
- Magazine article from: Financial Adviser October 11, 2007 700+ words
...forcing defined benefit pension schemes to close and stop employers...Sector Defined Benefit Pension Schemes, the Pension Policy...employees into existing pension schemes or into personal accounts...and employees." In DB schemes, the employer shoulders...
- Employer shift to DB schemes gathers pace.(News)(Brief Article)
- Magazine article from: Money Marketing Lunn, Emma May 20, 2004 700+ words
...number of defined-benefit pension schemes closed or restricted to new...consultant. Forty per cent of DB schemes made significant asset allocation...fixed income. Six out of 10 DB schemes increased employer contributions...a workable alternative to DB schemes, then the ...
- News: DB schemes a 'major financial headache'.
- Magazine article from: epn: European Pensions & Investment News September 12, 2005 700+ words
...resources that defined benefits (DB) pension schemes threaten to bring. New research...concerned. "There is no question that DB schemes are causing a major financial headache...do not disappear overnight" when DB schemes are closed.
- News: DB schemes' accrual closure increase.
- Magazine article from: Pensions Week May 7, 2007 700+ words
...employers with defined benefit (DB) pension schemes closed to future accruals could treble...report revealed half of employers with DB schemes could be closed to future accruals in...survey of 150 UK companies operating DB schemes between November 2006 and February 2007...
- News: Third of DB schemes open.
- Magazine article from: Pensions Management March 1, 2007 700+ words
...scheme closures, a third of DB schemes in the private sector are still...industry with mounting costs, DB schemes are changing their investment...private sector employers with pension schemes now have a defined contribution...
- News: DB schemes face an inconclusive future.
- Magazine article from: Pensions Week October 8, 2007 700+ words
...for employers to auto-enrol their employees into existing pension schemes or into personal accounts from 2012 could increase cost pressures...optimistic note, 43% of scheme members were found to be in DB schemes fully open to new accruals and the rate at which schemes...