Latest Press Release on pension

Prudential Reveals Workers Beyond Retirement Age To Double In 10 Years
Prudential research finds one in four businesses expect staff to delay retirement and the proportion of pension-age workers set to double to 1.8 million people by 2019

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Ritchie Capital Files RICO Lawsuit Against Two Former Petters Executives and Identifies Attorney Douglas A. Kelley and Others as Co-Conspirators
CHICAGO, Nov. 18 /PRNewswire/ -- Ritchie Capital Management, L.L.C., on behalf of itself and as administrative agent for a group of affiliated lenders whose investors include individuals, charities and pension funds (collectively, "Ritchie"), today filed a lawsuit in the U.S. Dist...

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SEI Global Poll: 3rd Annual Liability Driven Investing Poll Finds a Significant Increase in Adoption
OAKS, Pa., Nov. 18 -- An SEI (Nasdaq: SEIC) Global Quick Poll released today highlights trends during the past three years among pension plans around their adoption, understanding and management strategies of liability driven investing. To access the so...

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IRS Provides Timing Relief to Hybrid Pension Plan Sponsors
WASHINGTON, Nov. 18 -- Sponsors of hybrid pension plans can take some comfort in the relief issued by the Internal Revenue Service (IRS) last week, which provides some employers with a one-year reprieve to comply with forthcoming interest rate rules. A survey by W...

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State Street Appointed to Service CAD $300 Million in Assets for McCain Foods Limited
BOSTON & TORONTO - State Street Corporation (NYSE: STT), one of the world’s leading providers of financial services to institutional investors, today announced that it has been appointed by the McCain Foods Limited Canadian pension plans to provide custody, accounting, benefit paym

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