UK Pension Regulator’s Widespread ‘Crackdown’ on Poor Recordkeeping Practices
Pensions found in poor accordance with standard practices face fines and penalties.
News
The 60-40 Stock-Bond Asset Mix Is Dead, BofA Warns
Equities will offer better risk-adjusted returns in the future, and bonds will slide, a report predicts.
Breaking News: Rockefeller Foundation CIO Donna Dean to Retire
Deputy CIO Chun Lai Named successor to head $4.4 billion endowment.
NYC Comptroller Calls on 56 Firms to Adopt Rooney Rule
Scott Stringer criticized leadership teams ‘that look like they’re out of the 1950s.’
UK High Court Rules Women Not Entitled to Pension Compensation
Justices say they are ‘saddened’ by case but that their role ‘is limited.’
AT&T Plan Members Sue Over Early Retirement Calculations
Complaint says media giant shortchanged participants who retired early.
Low Inflation, Eh? Just Look at Housing Costs
Recent CPI blip owes a lot to shelter, which is a third of the price gauge and rising at 3% yearly.
Analysts: Earnings Will Improve in 2020
Forecast seems to hinge on progress in resolving the trade dispute. Hmmmm.
Revoking Brexit Provides ‘Best Economic Outcome’ for UK
IFS says no-deal Brexit would be worst possible scenario for British economy.
Princeton, Columbia Endowments Return 6.2%, 3.8%
Investment portfolios for both return less than half as much as last year.
SEC Stops $1.7 Billion Unregistered Digital Offering
Emergency order prevents markets from being flooded with illegal tokens.
Ken Fisher’s Lewd Comments Cost Him a Big Client
The State of Michigan Retirement Fund has severed ties with billionaire asset manager’s firm, yanking $600 million investment.
Virginia Will Lower Assume Rate of Return for Its Retirement Fund
The state’s system will make changes to asset allocations and benchmarks, too.
Kentucky Retirement System’s Strategy to Get Legal Victory Against Agency
State Supreme Court opinion says Seven Counties owes KRS contributions.