Employers explore tailoring pensions for the unretiring

Article Abstract:

Several European countries and companies are rethinking retirement policies. A change might allow some individuals to gradually retire over a period of years. The UK will abolish mandatory retirement at 65 in 2006 because it is discriminatory. Pension funds could get scarce as there are more retired individuals than workers.

Europe, Management, Innovations, Social policy, Pensions, Retirement planning

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U.K.'s big companies narrow pension deficits

Article Abstract:

Pension funds for the biggest public companies of the United Kingdom ranked by market capitalization showed improvements in 2007, with accounting deficits shrinking by 95% for the year. The aggregate deficit decreased to 2 bil pounds sterling from 40 bil pounds sterling at year's end 2006.

United Kingdom, Labor Distribution by Employer, Compensation and benefits, Statistics, Publicly held corporations, Statistical data

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Hermes names Watson to succeed CEO Ross

Article Abstract:

Hermes Pensions Management Ltd. has appointed Chief Investment Officer Tony Watson as its new chief executive. Watson is replacing Alastair Ross Goobey, who is resigning on January 1, 2002.

United States, Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Watson, Tony, Goobe, Alastair Ross, Hermes Pensions Management Ltd.

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