UCU Members Accept UUK Offer
Although strikes are now suspended, legal mandates will stay live until pension scheme recognizes agreement.
News
US State Pension System Deficit Hits Record High in 2016
Report suggests states assume annual returns of 6.5% for the next decade.
CalPERS Names ABB’s Elisabeth Bourqui Chief Operating Investment Officer
ABB’s multi-asset pension portfolio achieved a total return of 24.63% over the last four years.
CalPERS Likely to Reject Diversity Engagement Targets
State treasurer requested fund define a diverse board as at least 30% women.
Endowment Index Declines 0.36% in Q1
Tracking portfolio reverses last year’s gains after surging in January.
Report: 38% of UK Workers Can’t Afford Pensions
Survey also finds 16% will opt out due to recent mandatory contribution increases.
Pension Bridge: Texas, Idaho Systems Consider Lowering Return Assumptions
The two public pensions systems would be the latest among dozens that have lowered return expectations in the last 12 months.
Kentucky Gov. Signs Controversial Pension Bill, Immediate Lawsuit Follows
Teachers union organizes Friday walkout for members.
Energy Infrastructure May Be on the Horizon for Norges Bank
Unlisted private, infrastructure investments barred by Ministry.
Texas Teachers Is Moving Expansion Plan Forward
Guthrie says increasing the team will be a “hard sell” to legislature.
GPIF Continues Infrastructure Push
World’s largest pension fund adds infrastructure appointment, while global real estate fund-of-funds mandate announcements expected soon.
South Korea’s NPS Ends Samsung Trading After “Fat Finger” Folly
Samsung investigating internal systems and controls, promises to compensate investors.
UK Proposes Default Drawdown Options for Retirees
Parliamentary recommendation aimed at protecting the ‘less engaged.’
