0

0

As a result of legislation that was passed by Parliament on October 24 2009 Peruvian workers above a fixed age who have been unemployed for 12 consecutive months will be eligible for early retirement effective January 2010. [PERU]

0

0

Since November 3 2009 sponsors of Nova Scotia-ed defined benefit pension plans have been able to amortize solvency deficits over 10 years instead of the current five following an amendment of the Pension Benefit Regulation by the Ministry of Labor and Wor

0

0

The Department for Work and Pensions (DWP) and the Personal Accounts Delivery Authority (PADA) have published their response to the public consultation on the rules governing personal accounts. Although no substantial policy changes are recommended as a r

0

0

Despite the economic turbulence of the past year and the high employer spend on benefits across the region many organizations in Asia-Pacific still have not reviewed their benefits strategies according to Watson Wyatt�s �2009 Asia-Pacific Benefits Trends

0

0

Since October 19 2009 pension fund administrators (AFPs) have been allowed to invest a larger share of their assets in foreign instruments following a resolution by the Peruvian Central Bank. [PERU]

0

0

On November 25 2009 the Personal Accounts Delivery Authority (PADA) published its findings from the consultation on potential investment approaches for the new person accounts plan into which millions of new pension savers will be automatically enrolled a

0

0

The 2008 Form 5500 instructions direct defined benefit (DB) pension plan sponsors (or plan administrators acting on their behalf) to display actuarial information from the form on their intranets. The instruction reflects a new PPA disclosure requirement

0

0

Employers could inadvertently create pensions tax relief problems for employees if they bring forward bonuses into the current tax year warns Watson Wyatt. [EUROPE]

0

0

UK – December 4 2009 – Sales of variable annuities fell significantly in the third quarter of 2009 according to research from consultants Watson Wyatt. Third quarter variable annuity sales in the UK were £143.1million compared to the sec

0

0

GLOBAL December 7 2009 � As the financial crisis spread over the U.S. economy some industries absorbed the impact better than the rest. The aerospace and defense (A&D) sector has been one of the strongest in sales and employment growth during the past yea

0

0

WASHINGTON D.C. December 9 2009 — U.S. employees saw the fair value of their new company stock option awards decline by nearly 10 percent last year according to a recent analysis by Watson Wyatt a leading global consulting firm. [UNITED STATES]

0

0

UK - December 10 2009 - The Chancellor's announcement on public sector pensions concerns savings that have already been banked and will not make an additional contribution to curbing the budget deficit according to Watson Wyatt. [EUROPE]