Judge Derails Kentucky Governor’s Move to Kill Attorney General’s Pension Lawsuit
Court ruling lets lawsuit go forward to stop teachers’ retirement plan overhaul.
News
San Diego County Sues Pension for Not Cutting Benefits
Retirement association says enacting lower tier of benefits would be illegal.
Court Rules Pension Plan Change Did Not Violate Law
Ruling: Northern Trust’s change in payout formula not an illegal reduction in accrued benefits.
Louisiana Pension System Gets Cold Feet on Creation of New Plan
Treasurer laments system’s decision, unhappy with detracting governor.
Report: Fixed Income ESG Can Improve Risk Management, Returns
Report touts benefits of incorporating ethical investing into fixed income.
Canadian Pension Board Shakes Up Leadership
Five new executives appointed as system gets into emerging markets.
UK Report Finds £29,000 State Pension Gender Gap
Men receive an average of £153.86 a week, compared to £125.98 for women
Teachers Federation Calls Out Gun Investors
Group releases list of asset managers investing in assault weapon manufacturers.
New Institute Challenges ESG-Minded Divestment Movement
Group decries push to dump fossil-fuel stocks, saying that will hurt returns.
Lack of Hedging Threatens Pensions Recent Improvements
Report says sponsors must be aware of three new kinds of risk.
Corporate Pension Contributions Total $62 Billion in 2017
The funded status of the 100 largest US defined benefit plans rises nearly 5% to 86%.
Court Battle Begins over New Kentucky Pension Change
Democratic AG seeks to overturn GOP-passed measure that would move teachers into a hybrid retirement plan.
NYC Pensions Seek Divestment Plan Guidance
Pension funds are looking for expert advice on how to extract fossil fuels from portfolios.
New CIO for California’s Kern County to Start Monday
Fund’s investments had been managed by consultants since August.
China’s Fund Industry Forecast to Quintuple by 2025
UBS said it expects Chinese mutual fund assets to reach nearly $7.5 trillion.