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The FCA is concerned that DB pension transfer advice is not at an acceptable standard, especially advice recommending consumers transfer out of their DB pensions schemes, despite those transfers being unsuitable for most clients. [read post]
8 Jan 2020, 9:14 am by David Bernstein
[DB: This is not how it works, it instead means instead there is a 95% probability, assuming the test is otherwise sound, that Taylor is of between .7 and 7.3 percent African origin.] [read post]
6 Jan 2020, 9:00 pm
Sponsors of single employer defined benefit (DB) pension plans could be subject to higher-than-usual minimum funding contribution requirements over the next several years, for at least two reasons. [read post]
16 Dec 2019, 5:24 pm by Steve Bainbridge
Interesting study: ... we find that employees of target firms that sponsor DB pension plans suffer from greater plan underfunding after HF activism. [read post]
13 Nov 2019, 9:53 am by anne
A Wet Brown Bag of Evidence: How the Case Got to the Second Circuit According to the facts recited in the court’s opinion, the SEC’s Enforcement Division opened its investigation into Deutsche Bank’s misstatement of its derivative risk in the summer of 2010, after receiving information from DB that a DB employee (“Claimant 1”) had filed an internal complaint about the practice. [read post]
31 Oct 2019, 3:59 am by Florence Campbell Jones
SWITZERLAND Reuters reported that Switzerland’s economic growth decelerated in the second quarter of 2019 to 0.3 per cent from a downwardly revised 0.4  per  cent in the previous period. [read post]
25 Sep 2019, 5:21 am by Patricia O'Keefe
  They would likely point out that more U.S. homes are now passed by cable (even in rural areas), which would provide an alternative to the DBS monopoly. [read post]
2 Aug 2019, 12:46 am by Lesley Harrold
The requirements for DB schemes which are required to publish a SIP are: by 1 October 2020, publish the scheme’s SIP on a free, public website; By 1 October 2021, publish an Implementation Statement on: the extent to which the trustees’ policy on the exercise of voting rights and stewardship (engagement and voting report) has been followed during the year; and the voting behaviour by trustees (including the most significant votes cast during the year) and any use of proxy… [read post]
18 Jul 2019, 1:00 am
In D 11/18 the DB also noted that the role of the DB is not to review the number of marks awarded by the Examination Board for a particular script. [read post]
14 Jul 2019, 5:00 pm by Karen K. Hartford
 In addition, once in pay status, a DB plan benefit cannot be recalculated; therefore, it may be necessary to maintain a second DB plan model to share the DB plan benefit payments – the “shared payment” method. [read post]
12 Jul 2019, 2:00 am by Jane Meacham, Contributing Editor
Total sales of U.S. single-premium defined benefit (DB) pension buyout products soared above $4.7 billion in the first quarter, the highest pension risk transfer (PRT) sales in that period in more than 30 years, according to data from the LIMRA Secure Retirement Institute. [read post]
21 Jun 2019, 7:23 am by Dan Kirkpatrick and Keenan Adamchak
  To obtain a waiver, the complaining station would have to include at least 20 individual complaints from outside the 45 dBµ contour. [read post]
On 19 June 2019, the FCA published the results of the data it has received from firms carrying out Defined Benefit (DB) transfers and sets out the next steps in its supervisory work related to transfers. [read post]
19 Jun 2019, 11:17 am by Renae Lloyd
Global X MLP & Energy Infrastructure ETF (MLPX) -2.88% iShares MSCI Spain Capped ETF (EUFN) -3.24% iShares MSCI Spain (EWP) -4.24% iShares Global Energy ETF (IXC) -4.64% Alerian MLP ETF (AMLP) -4.90% iShares Silver Trust (SLV) -5.24 % Global X MLP ETF (MLPA) -5.68% Energy Select Sector SPDR ETF (XLE) -6.13% iShares MSCI Mexico Capped ETF (EWW) -6.79% iShares North American Natural Res ETF (IGE) -7.18% iShares US Energy ETF (IYE) -7.28% Vanguard Energy ETF (VDE) -7.45% Invesco DB… [read post]