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?
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.
Buffeted by lower interest rates and a volatile stock market, a report released by BNY Mellon has found that the funded status of US corporate pension plans is at its lowest level since 2007.
Decisive votes in San Diego and San Jose to lessen the burden of public sector pensions may prove a bellwether for public plans across the United States.
The Russian Direct Investment Fund and China Investment Corporation have announced their decision to create a joint investment fund that could be worth as much as $4 billion.
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.