Cash balance plans in the USA: dispelling the myths and misconceptions

Article Abstract:

An critical perspective on cash balance plans adopted during the 1980s in the United States and their continuation till date, the legal uncertainties surrounding them, and the conclusion drawn on the basis of conducting research reasoning that they are assumed to be exaggerated or are untrue are discussed.

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The new UK pensions environment: issues for multinational companies

Article Abstract:

An analysis of the new United Kingdom Pensions Act 2004, which came into effect in April 2004, is presented. The impact of the law on multinational companies with UK subsidiaries, sponsoring defined benefit plans, and the steps these companies need to take up to avoid liabilities, are also discussed.

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Performance-based gains wider acceptance: global

Article Abstract:

More multinational firms are adopting pay and benefit programs in order to derive cost savings. The findings of Tower Perrin's '2005-2006 Worldwide Total Remuneration' study are presented.

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