Articles tagged with:

  • Group of skydivers falling through the air

    Overcoming pension headaches

    Over recent years we have seen numerous examples of multinational companies making changes to their accounting methods for pension plans and other post-retirement benefits. But that is just one of the many new remedies to which treasurers are turning for relief from their pension headaches these days. In this article, we consider the challenges facing company pension plans, and the skills, knowledge and experience treasurers have to offer in overcoming these challenges.

  • Pension jar full of coins

    Corporate pension schemes lacking integrated risk plan

    Corporate pension trustees and scheme sponsors are starting to work closer together on valuations and investment strategy but many schemes still lack a properly documented integrated risk management plan. A new survey out today reveals the state of the market.

  • Three golden eggs in a nest

    Pension for sale, several thousand careful owners

    The risk of pension liabilities can be removed from the balance sheet with an insurance sector buyout, but an accurate valuation can be very difficult to achieve. A new platform aimed at making the process easier for corporates and insurance companies looking to enter into a buyout has just been launched.

  • Volcano in the Atacama Chile desert

    Pension reform in Chile: retiring the state

    In 1980, Chile’s military government approved a decree that would radically reshape the country’s pensions. The new, fully private system of insurance that was created quickly became an object of envy for other countries, some of whom would go on to attempt similar reforms of their own. How successful was the new system in practice and why, today, are the reforms revered as a landmark, in both the history of welfare policy and finance?

  • Falling tower of cards

    Corporate pensions: the treasurer’s balancing act

    In recent years, pensions have not only caused a headache for many corporates but have left a large hole in their balance sheets. Various companies worldwide are now burdened with significant pension deficits, made even more challenging by market volatility and regulatory changes. As a result, the treasury department has been called upon to take a more ‘hands-on’ role in this space.

  • Corporate pensions

    This month’s question

    “What are the main issues preventing companies from reducing their pension deficits? Also, what practical steps can corporates take to begin to tackle these deficits and what should treasurers be doing in this respect?”

  • Old woman counting coins in her hands

    The 100-year plan for pensions

    Taking the uncertainty out of a defined benefit (DB) pension liability seems like a sensible option. One way of doing this is through an insurance buy-out or buy-in. What are the benefits of entering the pension risk transfer market?

  • Old man walking through a country road in autumn

    Demystifying corporate pensions

    The basic concept of a pension fund is simple, but there are many pressures applied to the different scheme-types and these make it a far more complex matter than most would care to tackle. What are the issues?

  • QE: yet another hit for pensions

    When it comes to corporate pensions, any news is bad news at the moment. Many pension funds have long been in deficit, reeling from the increased life expectancy of scheme participants, not to mention market volatility and low interest rates.

  • Mind the gap written on the train station platform

    Pension pains in 2012

    The headache of defined benefit pension schemes is nothing new – but the Eurozone debt crisis has heaped further pressure upon an already challenging matter. As corporate treasurers take an increasingly active role in the area of company pension schemes, they are being confronted with a wide range of issues from lower yielding assets to the impact of pensions on M&A activity.