Can someone explain the position re BOI pension fund? I thought it was in serious deficit. Howth
Pensions Authority issues statutory guidance on calculation of minimum funding standard Oct 25 2016, 08:22 IST/BST | Diarmaid Sheridan | Morning briefing | 1 page(s) | Read Important Disclosures The Pension Authority’s updated guidance is likely to see increases to the liabilities as calculated under the minimum funding standard. The minimum funding standard is the basis upon… Read More
YESTERDAY by: Ben McLannahan in New York A verdict by a California judge last week may have opened up a new multibillion-dollar litigation risk for Deutsche Bank, the German bank still in the grip of settlement talks over mortgage-backed securities with the US Department of Justice. The risk relates to claims from a group of institutional investors that Deutsche should have done a better job as the administrator of trusts that held residential mortgage-backed securities in the years after the… Read More
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