TITLE

Pensions are 'stock-market gamble.'

PUB. DATE
June 2009
SOURCE
People Management;6/4/2009, Vol. 15 Issue 12, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the statement issued by Doctor Ros Altmann, a former pension adviser to the British government, regarding the need for new pension models to mitigate the risk to the employee. According to Altmann, the whole pension system in Great Britain has been based on a bet that equities would always do well enough over the long term to reliably deliver good pensions. He noted that defined contribution (DC) pension investors must pay for a form of ongoing insurance that hedges against losses.
ACCESSION #
42858674

 

Related Articles

  • The price of certainty. Pearson, Mark // Money Marketing;12/13/2012, p32 

    The author discusses the auto-enrollment of employees into workplace pension programs in Great Britain. He mentions how many workers' retirement aspirations are dependent on savings in defined contribution (DC) schemes. The British Financial Services Authority's (FSA) pronouncement regarding...

  • More employers look to defined contribution options. Webb, Jennifer // Managed Healthcare Executive;Sep2002, Vol. 12 Issue 9, p12 

    Discusses the increase in the number of employers with defined contribution accounts in the U.S. Health reimbursement arrangements under the Internal Revenue System ruling; Advantage of the defined contribution program.

  • A Defined Contribution Model For Healthcare. Bergsman, Steve // Treasury & Risk Management;Oct2000, Vol. 10 Issue 8, p47 

    Discusses how defined contribution healthcare plans will shift the administrative burden from employers to employees in the United States. Xerox Corp.'s adoption of a defined contribution format; Employers and employees' dissatisfaction with care quality. INSETS: What Must Happen First;An...

  • Economic Implications of Defined Contribution Health Plans. Ford, Eric W. // Business Economics;Jan2002, Vol. 37 Issue 1, p38 

    Discusses the economic implications of defined contribution health plans. Trends in employer-based healthcare benefits; Emergence of defined contribution health plans; Effect of defined contribution health plans on employee healthcare consumption patterns.

  • Defined Contribution Benefit Buzz Building. Piontek, Stephen // National Underwriter / Property & Casualty Risk & Benefits Manag;11/27/2000, Vol. 104 Issue 48, p15 

    Focuses on defined contribution options for employee health benefits in the United States. Reasons for the idea behind defined contribution; Benefits of defined contribution; Factors enabling the consideration of these plans.

  • No hue and cry from participants for public sector DC plans. Greene, Andrew // Employee Benefit News;Jul2000, Vol. 14 Issue 8, p43 

    Deals with the move of states and municipalities in the United States of adding defined contribution (DC) plans to their retirement programs. Reasons behind the move; DC plan of Florida; Benefits of DC plans.

  • From the Novice to the Sophisticate. Moore, Howard L. // Global Finance;May99, Vol. 13 Issue 5, p73 

    Discusses plan sponsors' shift from brand-name funds to institutional plans and commingled funds. Factors that cause the shift; Internet use to disseminate information.

  • 25% of corporate DC plans report a drop in their assets. Jacobius, Arleen // Pensions & Investments;1/22/2001, Vol. 29 Issue 2, p21 

    Reports the defined contribution plans of the top employee benefit fund sponsors in the United States for the year 2000. Details of the highest negative growth among pension trusts; Information on several defined contribution plan with lost value; Account of the safe investment areas according...

  • How to apply NICs to employee benefits.  // People Management;2/8/2001, Vol. 7 Issue 3, p46 

    Deals with how to apply 1A national insurance contribution (NIC) to employee benefits in Great Britain. Benefits that are subject to class 1A contributions; Details on P11D reporting of NIC to the Inland Revenue; Categories that are exempted from class 1A NIC liability. INSETS: Know your...

  • SUMMIT IN BRIEF.  // Corporate Adviser;Nov2014, p7 

    The article reports that the master trusts and trust-based arrangements regulations within the defined contribution (DC) code would put increased pressure on these type structures.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics