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Pensions scam tops 400m

2013-02-09 00:58:19| BBC News | Business | UK Edition

The Pensions Regulator says individuals have given illegal 'pension liberation' schemes an estimated 400m since 2008.

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Analysis: Rate pressures on pensions wipe out billions in profits

2013-02-01 09:40:37| IT Services - Topix.net

Pension charges wiped out more than $20 billion in fourth-quarter earnings at major American companies, as persistently low interest rates leave some of those with the largest retiree burdens no choice but to assume they need more money now to cover liabilities later.

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VIDEO: 'Employees face pensions pressure'

2013-01-28 16:16:56| BBC News | Business | UK Edition

The closure of private sector pension schemes accelerated in 2012, says the National Association of Pension Funds (NAPF). NAPF Chief Executive, Joanne Segars, says the decline reflects the "real financial pressures" on employers.

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Pensions could be "wiped out" by resource shortages, actuaries warn

2013-01-23 01:42:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Shortages of water, metals, and other crucial resources could see pensions "wiped out and reduced to negligible levels", according to new research. Such constraints are not currently being factored into standard economic modelling even though they have had a significant impact in the past, the paper by Anglia Ruskin University's Global Sustainability Institute finds. Commissioned by the Institute and Faculty of Actuaries, the report models how resource constraints will affect investment and...

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Climate change and resource scarcity may wipe out pensions industry

2013-01-18 12:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: How could actuarial professionals, tasked with risk management in the financial sector and beyond, have ignored the biggest risk humanity has ever faced? It's difficult to get one's head around, but the simple fact is that actuaries have so far failed to even begin to factor into their financial models the impacts of climate change and resource scarcity, apart from a narrow focus in some insurance products related to direct weather impacts. This is despite the fact that the issues have been known...

Tags: change industry resource climate

 

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