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Those with the biggest pensions -- the pilots -- might not, in fact, be first in the cross hairs.
Last year, Barclays Global Investors passed Merrill as Europe's biggest pensions manager, as investors replaced actively managed funds with those that mimic indexes.
Coming into office after the Sept. 11 attack, he backed proposals to increase retirement pay for firefighters and police officers, who receive the city's biggest pensions.
Up to 10 million are expected to be enrolled eventually in what is hailed as the biggest pensions revolution since David Lloyd George ushered in state pensions a century ago.
The automatic enrolment scheme, which has been described as the biggest pensions shake-up in more than a century, aims to tackle concerns about a growing old age poverty crisis, as people are living for longer but failing to put away enough for their later years.
The auto-enrolment scheme, which has been described as the biggest pensions shake-up in more than a century, aims to tackle concerns about an increasing old age poverty crisis, with people living longer but failing to put away enough for their later years.
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Take the California Public Employees Retirement Systemm — the biggest pension fund.
Take the California Public Employees Retirement Systemm -- the biggest pension fund.
But California's two biggest pension funds have been gentler.
It asked Wilshire Associates, one of America's biggest pension-fund advisers, to help set it up.
The second biggest pension fund, Standard Life's £20bn Managed Pension, was up by 2.1%.
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