News

Annual Wall Street Pay Expected to Drop

A new compensation study conducted by the Options Group reveals that annual compensation for employees at big Wall Street firms could fall up to 30% from a year earlier. 

UK May Turn to Pensions for Infrastructure Help

As Europe battles its deepest budget cuts since World War II, Chancellor of the Exchequer George Osborne is trying to revive the economy, finalizing an agreement with pensions and infrastructure investors to finance projects.  

Study: Liability Risk Prominent in US and UK

A study by Metlife shows that plan sponsors in both the United Kingdom and the United States are “keenly aware of the challenges their DB pension plans still face.” 

 

Damning Picture of PBGC Emerges

The Pension Benefit Guaranty Corporation used improper outside vendors to calculate benefits, according to an audit.