February Volatility Wipes Out $71 Billion in US Corporate Pension Funding
The funded ratio of the 100 largest US plans fell to its lowest level in over three years.
The funded ratio of the 100 largest US plans fell to its lowest level in over three years.
Called the ‘burnout bill’ by advocates, pension beneficiaries could retire after 20 years, but get no health benefits.
Starting Monday, spectators will be confined to the pension plan’s auditorium with directors in a separate room, six feet away from one other.
‘You can’t be a gambler, and you can’t profess to have a crystal ball,” says state treasurer Dale Folwell.
The Pensions Regulator publishes consultation on British defined benefit investing regulations.
Asset managers are turning to outside helpers as a kind of extra ammunition.
The city employees’ retirement system joins others around the world who’ve promised to do the same.
David Kostin says the S&P 500 has a lot further to fall, due to the coronavirus’ nasty economic effect.
Water Island Capital, which owns 4% of the firm, says the offer price is too low.
AXA IM Alts creation is in response to the ‘hunt for yield’ in a persistent low-rate environment.
The current CIO helped develop the liability driven investment approach the Ontario health care fund is known for.
Beverage giant promises to bring CEO, employee compensation more in alignment.
Dwindling business activity is worrisome, and market slide isn’t over, Yale prof warns.