A Look at PRT Solutions and Costs
There are cost and other considerations for each solution on the spectrum of pension risk transfer options.
Newsmakers
Understanding PRT: Administrative and Fiduciary Considerations
Proper due diligence and administration are vital to guarantee that the transaction does not create additional risk for plan sponsors.
Retiring Your Pension Plan: How to Handle Different Choices
Asset allocations, glidepaths, LDI, and pension risk transfers are weighed at our panel.
Market Sees Small Bump Up as Powell Gives Soothing Talk
Ukraine distress, inflation and other woes have been driving stocks down.
Former Trump Adviser Sentenced for Soliciting Loans for Potential White House Role
Stephen Calk issued millions of risky loans to Paul Manafort in exchange for an economic adviser position on the Trump campaign.
High Inflation Leads to Expensive Cost-of-Living Adjustments for CalPERS and Others
This will be CalPERS’ biggest increase in pension payments in 32 years.
Global Pension Funds Shun Russian Investments
Norway’s $1.3 trillion sovereign wealth fund, among other pension funds, will freeze and divest Russian investments.
Funded Ratio for US Corporate Pensions Tops 100% Despite Market Drop
Multiemployer pension plans’ funded level rises to 91% at year-end 2021.
Michigan House Considers $1.5 Billion in Grants for Local Pensions
The bill is targeted at underfunded pensions throughout the state.
Sustainable Funds See Record-Breaking Year in 2021
ESG funds attracted nearly $70 billion in net flows last year, a 35% increase from 2020.
Tech Companies, Not Factories, Are Getting the Capital Spending Dollars Now
New reports shed light on the phenomenon.
Wisconsin State Pension Fund Returns 16.89% in 2021
The fully funded state pension system surpassed its benchmark to increase its trust funds’ combined asset value to more than $147 billion.
NY Pension Calls on Firms to Report Abuse, Harassment, Discrimination
Tesla, Starbucks, and Activision Blizzard have been targeted by the $279.7 billion New York State Common Retirement Fund.
Cathie Wood Lashes Out at ETF Dedicated to Shorting Her
The disruption queen now has an arch-nemesis rooting for her failure.
New York Common Calls on Tesla to Disclose Spending on Discrimination Complaints
The pension made the move after a racial discrimination lawsuit led to a $130 million verdict in punitive damages.