Lawyers and unions have raised concerns as the UK chancellor confirms plans to radically overhaul UK public pensions.
Academics warn of subtle but potentially damaging effects of activist investment.
A whistleblowing choose-your-own adventure.
An organization of private equity investors is the latest group to push for reform of the sector’s charging practices.
Underfunded pensions in the Netherlands will now be granted 12 years to recover, rather than 3.
The IRS, SEC, and 13 state pensions have all moved to force private equity firms to fully disclose fees, pay taxes on them, and repent to clients when they don’t.
America’s largest pension has weighed in on the proposal to extend fiduciary duty to retirement advisors.
The bank hired several interns who didn’t meet its GPA or interview standards, but were related to Middle Eastern sovereign wealth fund officials, the SEC alleged.
The bank’s advisors and fund managers were accused of misrepresenting the risk attached to two leveraged fixed income strategies.
The bank allegedly deceived investors on the state of its liquidated corporate special opportunities hedge fund in 2007, according to court documents.