The rebound in corporate bonds somehow made things worse for retirement plans. Both stock and bond markets have been rising in fits and starts since March but corporate and public pension plans haven't seen much benefit. Indeed, the recovery in prices for high yield debt...
NEW YORK, Jan 13 - U.S. companies may be forced to contribute almost $109 billion to their corporate pension plans this year to fill funding gaps caused by turmoil in the financial markets, a new...
WASHINGTON, Dec 11 - The U.S. Senate unanimously approved legislation on Thursday to help company pension plans and retirees that have been hard hit by the financial crisis. Under the bill, generally healthy multi-employer pension...
BEIJING, Nov 20 - China will raise pensions for retired workers by about 10 percent starting Jan 1, Chinese media said on Thursday, citing the Ministry of Human Resources and Social Security. The raise is...
BUENOS AIRES, Nov 7 - Argentina's lower house approve on Friday a government plan to nationalize $25 billion held in private pension funds, a move that has raised investor concerns about the country's ability to...
NEW YORK, Oct 30 - A U.S. judge has ordered the freezing of more than $553 million in U.S. investments held by Argentine pension funds that the government intends to nationalize. Judge Thomas Griesa of...
NEW YORK, Oct 29 - U.S. corporate pension plans, which were largely overfunded last year, are on their way to their greatest underfunded status in years, and could drain corporate cash as companies are forced...
The fall in stock prices have had a devastating impact on pension plans, because a majority of pensions are wrapped up in equities...
DETROIT, Sept 11 - The U.S. pension insurance agency could file up to $2.5 billion in claims against bankrupt Delphi Corp's profitable foreign assets unless the auto supplier reaches a deal to resolve pension liabilities...
* Won settles just below Monday's close against dollar * Dollar's stabilising abroad sets tone * Won hit by talk pension agency is buying dollars (Updates to domestic close) SEOUL, Nov 24 - The won...