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

Fund expected to boost impact allocations over the long term.

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

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

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

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.