Reducing Personal Risk for ERISA CIOs
CIOs are personally liable for breaches, but there are steps to create more safety.
News
Swedish Pension Fund AP6 Returns 12.3% in 2017
Annual return nearly doubles earnings from previous year.
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
Substitute Kentucky Pension Bill to Be Introduced
Attorney General reveals letter citing 21 legal violations with bill hours before meeting.
UK Pensions Could Benefit from Black Box Thinking
Report says DB plans should take best practices cues from aviation industry.
Norway’s Pension Fund Earns Record $130 Billion in 2017
The world’s largest pension fund now owns 1.4% of all shares worldwide.
UCU, UUK to Move Pension Talks to Acas
New proposals pitched in Tuesday meeting.
Court Orders Chappell to Pay £87,000 for Stonewalling TPR
Judge said the former BHS owner showed ‘complete lack of remorse.’
NACUBO Taps TIAA for Annual Endowment Study
Previous sponsor to provide complementary research.
US Public DB Plans Boost Funded Level to 73.1% in Q4
Public pension funding improved by $60 billion during last quarter of 2017.
CDPQ Returned 9.3% in 2017
Canada’s second-largest pension fund manager reports five-year return of 10.2%.
South Korea Pension Fund Launches CIO Search
Third-largest pension fund has been without permanent CIO since July.
Lib Dem Leader Demands UK Government Take Action on Universities Pension Strike
Universities Minister Gyimah calls on UUK, UCU ‘get back to the negotiating table, without preconditions.’
Top Investors Bid on Major Australian Motorway
Transurban, AustralianSuper, the Canada Pension Plan Investment Board, and the Abu Dhabi Investment Authority launch consortium for acquisition.
Swedish Pension Fund AP4 Returns 9.1%
Fund’s capital rises nearly $3.7 billion to $43.6 billion in 2017.