Newsmakers

Why Raise the Retirement Age At All?

More people are working well past the age they are officially allowed to retire – do we all have a greater work ethic these days or is it a sign of impending pension doom?

Market Woes Hit Nobel Foundation

The Nobel Foundation, ailing from lackluster returns on its capital, has slashed the money it will offer to prize recipients by 20%.

CIC Pulling Back from Europe, Says Chief

The CEO and chairman of China Investment Corporation has said that risks of a Eurozone break-up are so acute that the giant sovereign wealth fund has begun unwinding its holdings of European fixed income and equity.

Is 'Hostility' Toward Whistleblowers of Public Pensions Unjust?

A former investment officer at the San Diego County Employees' Retirement Association has sued the scheme over his termination as his proponents cite a pattern of hostility and retaliation toward so-called whistleblowers. The San Diego County Civil Service Commission, however, found SDCERA's actions were just.