Court ruling lets lawsuit go forward to stop teachers’ retirement plan overhaul.

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

Retirement system says enacting lower tier of benefits would be illegal.

Ruling: Northern Trust’s change in payout formula not an illegal reduction in accrued benefits.

What are some of the key drivers in servicing institutional investor clients in transitioning their portfolios? Asset flows. Dispersion. Risk mitigation. Technological advances. Here are the trends that William Cobbett, Head of Transition Management Americas, is seeing from his capital markets desk at Citi in New York, and how they may factor into an asset owner’s choice of transition manager.

While indexes finally should rise above 2%, structural forces should keep it low.