“It's going to be hard to replace packages that were about $67 an hour when you added in pensions and health-care benefits.”
“We agreed to reduce our proposal and make improvements to the overall package recognizing the likelihood the pilot pension plan would be terminated.”
“The 30-year bond sales will take the pressure off 10-year notes when it comes to pension fund managers seeking longer duration holdings for their funds. We will see 10-year yields rise again.”
“I wouldn't be surprised (at those performances). When you think about that, European pension funds invest primarily in the U.K. and Europe.”
“Too many directors have closed decent final salary pensions for staff and replaced them with cheaper and riskier schemes”
“If you are stepping down a tax bracket when you retire, then making single lump sum payments into your pension really can be money for nothing.”
“Overall, pension schemes are well governed and continue to succeed in delivering decent, cost-effective pensions to millions of people.”
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