Newsmakers

Pew Pension Report Flawed?

Critics have assailed the Pew Center on the States’ report that the total US public pension funding deficit had reached $1.38 trillion for its perceived shortcomings.

Insurer Hires Pension Expert to Run Investments

A household insurer in the United Kingdom has appointed a seasoned pensions professional to oversee its investment strategy after farming out its asset management function last year.

UK Pensions Lifeboat Loses CIO

The CIO of the Pension Protection Fund – the UK’s Pension Benefit Guaranty Corporation equivalent – is to leave in August to join a corporate plan.

UNPRI: Australia's Christian Super, CalPERS Exemplify Sustainable Investing

Australia's superannuation fund Christian Super and the California Public Employees’ Retirement System (CalPERS), the largest public pension in the United States, are archetypes of funds that have invested for the sustainable economy across asset classes while gaining a competitive advantage, according to a report released by UNPRI.

Pension Obligations Choking State Finances

The pension and benefit obligations of states outstripped plan assets by a startling $1.38 trillion in fiscal 2010, a study by the Pew Center on the States has found.

Leadership Change at AT&T Pension

Sean Foley, a senior vice president for investments overseeing AT&T’s pension plan, has resigned and Bill Hammond, an AT&T veteran, has taken his place.

Nordics Change Rules to Ease Pension Burden

Denmark has allowed the country’s pension funds to change the discount rate they employ to calculate their liabilities a week after Sweden implemented a similar reform.