TITLE

Last post needs first-class advice

PUB. DATE
February 2007
SOURCE
Money Marketing;2/15/2007, p49
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The article comments on the dramatic decline of defined benefit schemes in Great Britain. Many companies who have closed their final-salary schemes to new members are closing them to future accrual. The end of the schemes is dictated by harsh economic reality. However, in some cases, employers are citing the harsh economic reality as an excuse for leaving their staff without the benefit schemes. The Government should issue longevity to ease some of the pain by reducing deficits.
ACCESSION #
24332747

 

Related Articles

  • Rolls-Royce to launch deferred bonus plan. Paterson, Jennifer // Employee Benefits;3/7/2014, p2 

    The article reports that the Great Britain-based aerospace company Rolls-Royce PLC will launch a deferred shares bonus plan for executive directors and senior managers and reduce the deficit of it's defined benefit (DB). It states the £49 million decrease in the net deficit of the pension...

  • 401(k)s May Result in More Successful Retirement than DBs. Moore, Rebecca // Plan Sponsor News;2015, p1 

    The result depends on an employee's salary level and the level of pre-retirement income to be replaced.

  • SALARY SNAPSHOT.  // Marketing (00253650);1/23/2008, p71 

    The article offers information on the salary of marketing executives in Great Britain. The best-paid marketing executives work in the South East where they earn more than the average salary of £31,635. Marketing executives can expect the biggest salary if they work in South-West inner London...

  • Boeing to Move Nonunion Workers Out of DB Plan. Cornfield, Jill // Plan Sponsor News;3/1/2014, p136 

    The article reports on the plan of aerospace company Boeing to move its 68,000 nonunion workers participating in the its defined benefit (DB) plans to a defined contribution (DC) one. It mentions that the company will make cash contributions each pay period to the retirement savings of employees...

  • BUSINESS PRESS POLL.  // Las Vegas Business Press (10712186);2/16/2009, Vol. 26 Issue 7, pP22 

    The article presents the results of a survey on the capability of the U.S. federal government to set any kind of standards on executive compensation. Thirty-two percent of respondents are confident on the capability of the federal government, while 19.6 percent are not. Forty-seven percent think...

  • Govt targets super tax avoidance. Fox, Julie // Money Management;5/27/2004, Vol. 18 Issue 18, p32 

    Focuses on the Australian federal government's policy on superannuation tax avoidance. Definition of benefit pensions and defined benefit (DB) funds; Availability of fewer income stream options to small funds; Funds that provide and do not provide DB pensions; Taxation issues when commencing a...

  • A SNAPSHOT OF CANADA'S COMPENSATION.  // Financial Executive;Mar/Apr90, Vol. 6 Issue 2, p7 

    The article focuses on differences between Canadian and American corporations in employee compensation methods. It states that a typical chief financial officer (CFO) at a large company in Canada would receive $159,000 in cash, benefits, perks, and long-term incentives as of 1989, and that chief...

  • DB Pension Volatility Offsets CEO Compensation. Giardina, Michael // Investment Management Mandate Pipeline;4/24/2014, p2 

    The article reports on the study conducted by professional services firm Towers Watson & Co. suggesting that defined benefit pension values in the U.S. dragged down the compensation of chief executive officer (CEO) in 2013. The study reveals a 1% increase of the total pay received by CEOs in...

  • Lloyds to revise pensionable pay cap. Paterson, Jennifer // Employee Benefits;3/12/2014, p3 

    The article presents information on the plans of Lloyds Banking Group PLC to revise its pensionable pay cap for members of its six defined benefit (DB) pension schemes. According to the banking group, the change has been made for about 35,000 employees in an effort to ensure that pension...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics