News
Fidelity: UK Pensioners Face 46% Lower Income Than Before ’07 Crash
“Important not to abandon hope,” associate director says.
RI Hospital Workers’ Pension Fund Placed in Receivership
Fund participants could see a 40% cut in benefits across the board.
CalPERS Champions Board Diversity Campaign Across 500+ US Companies
Requests each company develop and disclose policies, implement plans.
Credit Suisse: Commodities Picked Up in July on Signs of Economic Improvement
The oil sector gained with improving demand, although expectations for OPEC’s prospects of bringing down global production were reduced.
Kentucky League of Cities Urges CERS, KRS Split
Despite double-digit returns for KRS, coalition is one of 23 groups calling for the separation.
Shareholders to Decide Fate of Amazon, Whole Foods Deal
Despite few known details, analysts expect majority approval.
TPR to Prosecute Chappell for Failing to Give BHS Sale Info
BHS owner to face charges of neglecting or refusing to provide information.
Ohio PERS Considers Cutting COLA for Retirees
System floats idea of basing COLA on CPI, capped at 3%.
Texts and Emails to Be Added to UK Pension Cold-Calling Ban
Since April 2014, pensioners have lost an estimated £43 million to cons.
Callan to Shift Staff Titles, Structure in September
The firm will move from a single S-Corp to an LLC to increase employee ownership.
AMP Capital’s IDF III Scores Record $4.1 Billion Commitments
Sees strongest support from Japan, Korea, Canada, and Germany-based institutional investors.
Connecticut Liabilities Outpace Asset Growth
Liabilities more than double in 10 years, while assets gain 28%.
TPR Anti-Avoidance Hearing Heads to Upper Tribunal for First Time
Regulator wants to force ITV to fund plan with £90 million deficit.
New Mexico’s Two Largest Public Pensions Could See Benefit Reforms
Despite double-digit returns, the systems aren’t out of the woods yet.