Proposed two-part pension system mired in controversy.
CEO/CIO Harris to renegotiate fees with endowment’s managers.
New rules apply to managers of defined contribution plans.
Review says underperforming Mandatory Provident Fund is overdue for an overhaul.
Interim CFO to return to previous role, become part of executive leadership team.
Regulator says trustees showed “reckless disregard” and a “lack of integrity.”
State treasury holds up $581 million in obligations to PSERS.
Paper reveals how corporations can adopt transparency around extreme weather events.
Fund returned 499 billion kroner in H1 2017.
CEO says portfolio has ‘deep structural problems.’
Committee proposes a reduction in benefits for state workers in two delinquent districts.
Equities provide the main profit driver for the $181 billion fund.
Nearly 80% of all respondents are now contributing more than the minimum level of funding to their DB plans, survey says.
Pando to lead software development, IT infrastructure responsibilities.
Only 14% of workers around the world have a written strategy for retirement.