US Public Pension Funds Break Cardinal Rule of Investing
Research shows that institutional investors rely on past performance to gauge future returns.
News
Kentucky Senate President Shuts Down Bevin’s 401(k) Proposal
Teachers to now choose between two plans in new reform.
UK Committee Calls for Pensions Regulation after Billion-Dollar Scandal
Average British Steel pensioner transferred £400,000 in benefits to “unsuitable” funds.
UK Regulators Team Up on Pensions Strategy
FCA, TPR to tackle key risks facing the sector over the next five to 10 years.
US Treasury Official Pushes for Worldwide Cryptocurrency Regulation Against ‘Kleptocrats and Criminals’
Demands ‘stiff penalties’ against non-complying companies, individuals.
Phoenix Using New Strategy to Chip at City Pension Debt
Concept being applied to additional city departments.
Canada Pension Plan Rises 4% in Q3 of Fiscal 2018
Total assets gain C$8.9 billion to reach record high of C$337.1 billion.
CT Treasurer, Governor at Odds on Breaking Bond Covenant
The Teachers' Retirement System Viability Commission explores options.
PGIM CEO Eyes Public Pensions as Next Financial Crisis
Hunt points to funding difficulties due to lawmakers setting obligations.
AZ Judge, Politician Pension Could Get Funding via Judicial Fee Bump
Employer contribution increase, COLA reductions are also being discussed.
Malaysia’s Largest Pension Returns 14.13% in 2017
Employees Provident Fund also declares highest dividend in 20 years.
Danish Pension Fund ATP Returns 29.5% in 2017
Fund adds $4.9 billion for total assets of $126.9 billion.
CalPERS Loses $15B in Stock Drop
But fund’s 4.6% loss is nearly half of what market lost overall, Eliopoulos says.
Kentucky Business Leaders Urge for Reform to Nix Public DB Plans
General Assembly, pension advocacy group, Democratic Party publicly respond via social media, local radio.
