Lawmakers Propose Portable Retirement Accounts Bill
The PRIA Act is intended to help Americans avoid losing retirement funds when changing jobs.
News
SEC Reportedly Subpoenas PSERS Over Alleged Compensation, Gifts
The regulator is also seeking information on a financial misstatement from 2020 that triggered a contribution increase.
Yellen: Inaction on Debt Ceiling Could Bring a Recession
The Treasury chief decries stalemate in Congress on spending authority.
Washington University, Duke Report Record Fiscal 2021 Returns
The endowments gain 65% and 55.9%, respectively, in what has been a banner year for institutional investors.
At Long Last, Dividends and Buybacks Are Starting to Pick Up
Companies, tightfisted on payouts since last year’s market wipeout, feel flush now, Credit Suisse says.
UK Task Force Provides Recommendations to Boost Pensions’ Voting Powers
British pensions investing in pooled funds currently have no right to vote on issues such as climate change, diversity, or pay.
SEC Charges Purported ‘Green’ Mining Company With Fraud
Back to Green Mining and two of its executives are accused of stealing $2.7 million from investors.
What’s Buzzy: Cathie Wood Likes T-Bonds Over Large Caps
The doyenne of disruption thinks deflation will change the game board. Except for her beloved Tesla.
Virginia Retirement System Pays Out $7.85 Million in Incentives to Investment Staff
The state pension fund credits an actively managed portfolio for this fiscal year’s 27.5% investment return.
State Pensions Reach Highest Funded Level in 13 Years
US public employee pension plans are projected to be more than 80% funded on average.
NYC Comptroller: Police Withdrawal of Pension Group ‘Defies Logic’
Scott Stringer also taps Eneasz Kądziela to oversee city pension funds’ $18 billion private equity portfolio.
Powell or Brainard? The Next Fed Chair Makes Little Difference, Wells Fargo Says
Some see big contrasts between the Republican incumbent and his reputed rival.
Twitter to Pay $809.5 Million to Settle Securities Fraud Lawsuit
The social media company was accused of concealing from investors its stagnant user growth and declining user engagement.
Breaking News: Interim CIO Announced at FL SBA
As Ash Williams plans to retire in 9 days, Florida announces interim.