Judge urges CIÉ and employees to agree a deal on funding firm's biggest pension fund – The Irish Times
Dispute centres on Superannuation Scheme 1951, which has assets worth €1.5 billion and nearly 5,000 members
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Dispute centres on Superannuation Scheme 1951, which has assets worth €1.5 billion and nearly 5,000 members
The consolidation of pension funds can bring increased benefits but must be managed effectively and “replicate” the benefits of strong employer connections, a session at the Pensions and Lifetime Savings Association (PLSA) Investment Conference has said.
Universities Superannuation Scheme has reduced the reported value of its stake in Thames Water by nearly two-thirds after the utility has continued to disappoint. However, USS remains committed to its Thames Water investment over the long term. The investment creates a division between the institutional investing goals of building infrastructure and receiving a profit. USS…
Universities Superannuation Scheme (USS) slashed its stake in Thames Water to £364.4m from £955.8m as the firm continues to battle its debts.
Despite a recent upturn in its fortunes, the thorny question of who is to pay for the transport provider’s scheme going forward is far from settled