(125 quotes found)
“We're on a downward trajectory here. The traditional pension is not coming back.”
Alicia Munnell
“This is a serious issue which pension trustees need to address as exposures can be multiples of the event limit being imposed. We have seen event limits as low a £35m, which is an insignificant figure compared to the exposure per location faced by some companies.”
Andrew Davis
“The increase was primarily a result of reductions in discount rates to 4% for German pension plans and to 5.4% for non-German pension plans.”
Bodo Uebber
“nothing in the bankruptcy code requires companies to skip their pension funding payments.”
Bradley Belt
“While anecdotal evidence suggests that the number of frozen pension plans has increased since 2003, reports of a mass exodus from the defined benefit pension system appear to be overstated.”
“While anecdotal evidence suggests that the number of frozen pension plans has increased since 2003, reports of a mass exodus from the defined-benefit pension system appear to be overstated.”
“We don't believe that fulfilling 65 percent of a pledge to fund the pensions fully meets the commitments that were made during the campaign.”
Bob Master
“Britain's boardrooms are secure in a pensions ivory tower,”
Brendan Barber
“But there is evidence that some employers still put greater emphasis on paying dividends to shareholders - often other companies' pension schemes - rather than funding their own employees' pension scheme.”
“Too many directors have closed decent final salary pensions for staff and replaced them with cheaper and riskier schemes”