Colorado Pension Sues Nine Banks over Lending Rates
Pension alleges the banks rigged their lending rates to boost profits.
Newsmakers
Top UK University Union Members to Strike over Pension Changes
Average professor could lose over $200k in benefits under new plan.
William “Bill” Bain, Founder of Bain & Co., Dies at 80
Mitt Romney: “It’s hard for me to imagine my life and career without Bill Bain’s mentoring.”
Alcoa to Freeze US, Canada Pensions by 2021
Aluminum producer will transition employees to defined contribution plans.
San Francisco to Vote on Fossil Fuel Divestment
Move would be largest global divestment of fossil fuel stocks for San Francisco.
CalPERS: Ring’s Flippant Claim of ‘Tricky Accounting Gimmicks’ Is False
CalPERS responds to Ring’s column.
UK Pension Incomes Hit Pre-Recession High
Retirement incomes have surged 30% in the past five years.
What Lured Pellegrino?
Recruiters say Pellegrino’s choice demonstrates a trend in more crossover CIO hires.
Chappell Guilty of Failing to Give Information to TPR
Retail Acquisitions owner who bought BHS for £1 to be sentenced on Jan. 19.
CalSTRS Releases Statement on Letter to Apple
Letter calls for tech giant to offer parents more tools to curb children’s “screen” behavior.
Kentucky Pension Reform Bill Could Be Imminent
Bill is being analyzed in accordance with impact on state budget.
Arconic to Freeze US DB Plans in April
Freeze to affect 7,900 US employees.
IBM, Comcast Sponsor Blockchain Startup Fund
Fund to also connect startups with Fortune 500 clients.
UK’s USS Reaches $2.95 Billion Settlement with Petrobras
Universities pension fund reaches partial settlement of class-action suit.