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South Korea’s rival political parties reached a consensus on pension reform on Mar. 14, with the main opposition Democratic Party (DP) agreeing to the ruling People Power Party (PPP)’s ...
If Congress approves the Senate pension agreement and President Bush signs it into law, the stage will be set for a massive taxpayer-funded bailout of PBGC that could have cost much less.
Management at state-funded broadcaster BBC has reached agreement in principle with trade unions in a dispute against planned changes to its pension scheme, the BBC said on Tuesday.
PEMBROKE, Bermuda, Dec. 15, 2020/ PRNewswire/-- Athene Holding Ltd., a leading retirement services company, announced a significant pension buyout agreement with GE, a global pioneer of ...
Morrisons suitor Clayton Dubilier & Rice said it had reached agreement with the pension trustees of the British supermarket chain to provide additional security and support to the schemes, as it ...
The total balance of individual retirement pensions (IRP) of Korea's five major banks has surged by more than 11 trillion won ($7.9 billion) over the past year to exceed 50 trillion won for the ...
Jay Shah, chief origination officer at Pension Insurance Corporation, said: “This agreement represents the sixth major reinsurance transaction between the PIC and PICA teams during the past ...
This agreement comes amid surging demand for de-risking from the U.K., where pension insurers are increasingly seeking to manage their risk and capital with longevity reinsurance arrangements ...