Senate OKs pension funding relief
The Senate approved pension funding relief as part of a bill to extend expired tax provisions and extend unemployment and health care aid for the jobless. Some pay-related restrictions on the funding relief were eased before final passage. (Access limited, Select News, 10 Mar 2010) More
HR challenges in Asia
Kinch Ong of Mercer Singapore talks with HRadio's Richard Klein about human resource challenges facing organizations in Asia in the wake of the global economic meltdown. (HRadio, 10 Mar 2010) More
Canada's budget holds few surprises for employers
Canada's 2010 budget has limited impact on employee benefits, but includes some changes, such as tightening tax deductions and deferrals for employee stock options, limiting the tax credit for cosmetic procedures and enhancing the work-sharing program. (Access limited, Select News, 10 Mar 2010) More
European Commission to curb gender pay gap
The European Commission plans to work on significantly reducing the gender pay gap, currently at 18 percent in the European Union, over the next five years. New legal measures will be considered, such as gender pay reporting and increased sanctions. (Access limited, Select News, 9 Mar 2010) More
Global Retirement, Risk & Finance Perspective
This Perspective looks at the advantages of defined contribution plans for multinational employers, the advantages self-managed pension funds offer employers and employees in India and Indonesia, and advantages for GCC countries of adopting IAS 19. (Perspective, 8 Mar 2010, 11 pages) More | Article
Mercer identifies challenges to UK's DC schemes
Poor investment returns and lack of member understanding are the two most important challenges facing the UK's defined contribution (DC) pension schemes, according to Mercer research. (Mercer, 8 Mar 2010) More | Article
IASB proposals could change investment strategies
Proposed changes to international accounting standards (IAS 19), due for consultation shortly, could encourage lower risk investment strategies. (Mercer, 8 Mar 2010) More | Article
Ireland cracks down on late pension contributions
Failure to timely remit pension contributions to trustees of Ireland's Construction Workers Pension Scheme has led to a sentence of 200 hours of community service for a construction company director and a fine of E31,000 for the company. (Access limited, Select News, 8 Mar 2010) More
Canada: Prévisions de 2010 sur la retraite
Michel St-Germain discute de la situation financière des régimes de retraite et des mesures à prendre afin de les préserver. Élizabeth Bourqui nous fait part de l’importance grandissante de l’investissement responsable et de la gestion des risques. (HRadio, 8 Mar 2010) More
NZ employment agreement tool available
New Zealand’s Department of Labour is encouraging employers to use its employment agreement tool to build employment agreements. A written agreement is required for anyone employed after 2 Oct 2000. (Access limited, Select News, 5 Mar 2010) More
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