News
Emerging Markets Spur Global Pension Growth
AUM for world’s largest pensions rise more than 15% in 2017.
Australian PM Axes Former Administration’s Pension Age Increase
Scott Morrison said Tony Abbott’s age 70 hike will not happen, holding the retirement age limit at 67.
UK Private Pension Plans Dip Back into Deficit Territory
Decline comes one month after becoming fully funded for the first time in a decade.
No Plans to Cut IPERS Benefits, Iowa Gov. Says
Opponents say Kim Reynolds’ administration secretly wants to move IPERS members into hybrid benefit plans.
Canada Pension Plan’s Thematic Investing Head Joins OMERS
Mark Shulgan will help the municipal retirement system manage a growth equities platform.
Australia’s Future Fund Returns 9.3%, Beats Benchmark
Fund’s total asset value climbs to $A146 billion.
Treasury Dept. Approves Benefits Reduction for Two Pension Funds
Total number of funds cleared to enact benefits reductions rises to seven.
Milwaukee County Retirees Could Lose COLA Increases
Pension reform taskforce recommends cutting 2% adjustments until 2036.
Japan’s PM Wants to Raise Retirement Age Past 65
Shinzo Abe planning social security system overhaul over the next three years, pending re-election.
CalPERS Hits It Big with Infrastructure Returns
The program, however, represents just a little more than 1% of CalPERS’s AUM.
Why September Might not Be as Bad as Usual this Time
When the market has been good before the ninth month, its poor rep doesn’t matter.
Virginia Retirement System Returns 7.5%
Private equity investments help increase fund’s market value to $78.6 billion.
CalSTRS Takes First Steps to Restructuring Private Equity
The pension plan is getting ready for investments out of the traditional limited partner-general partner fund structure, including increases in co-investments.
Nevada Pension Fund Earns 8.6%
US stocks help raise system’s total asset value to nearly $41.3 billion.