SOFIA, Dec 19 (Reuters) - Bulgaria's parliament on Friday approved making private pension contributions optional despite the junior coalition partners voting against a plan that has been criticised by the financial sector and brought Bulgarians out onto the streets.
LONDON, Dec 19 (Reuters) - Pacific Life Re has signed a series of reinsurance agreements with Rothesay Life covering pension liabilities in excess of 1 billion pounds ($1.57 billion).
SOFIA, Dec 18 (Reuters) - Bulgaria's new government plans to make mandatory private pension contributions optional, triggering a backlash from businesses and a rift within the ruling coalition.
employers to consider offering pensions again. A cost tradeoff for the employer compared with costs of other benefits, a pension can still be an attractive tool for employee retention. Hard but not impossible to implement, as Connecticut recently proved
percent of the market. The flip side is that as spreads widen, we get closer to the levels where large investors, such as pension funds and insurance companies, start to see value in the high-yield market, which should help stabilize credit spreads
My husband and I purchased LTCI 20 years ago through our pension fund, TIAA-Cref, which has since sold our policy to Metropolitan Life. I have accepted all premium increases and considering
* Storebrand and Statoil have signed a letter of intent to deliver defined contribution pension to all of Statoil's 13,400 employees with more than 15 years left to retirement
mom and pop Main Street, people saving for retirement in their individual retirement accounts, 401(k) plans, union pension plans and mutual funds. Think about it. With no income tax, companies of every ilk would have more money to spend on economic
Smart Post and fuel surcharges, yield improved 3.3% and Freight yield per shipment excluding fuel increased 2.3%. Lower pension expense, lower fuel cost, and share repurchases boosted EPS as well, and consolidated margins improved 120 basis points
Australia and a global slump in commodity prices are putting pressure on Australia's A$1.8 trillion ($1.47 trillion) pension fund industry to adopt socially responsible investing policies - including a restriction on funding fossil fuels.