Spokesman said cities will not be able to pay monthly contributions if returns are that low.

Aggregate funded level of 5,588 pensions increased 5.6% over the past 12 months.

Traditional approaches to de-risking DB plans haven’t yielded the desired results

Fund expected to boost impact allocations over the long term.

ICBC Ansheng Asset Management approval follows proposal to expedite opening of insurance industry.

Seven Key Questions Plan Sponsors Are Asking

A peace accord on the peninsula may mean plenty of business opportunities for foreign companies—including those in the US.