PEW Report Determines How Detroit Can Keep Pension Promises
Report says Detroit’s contribution policies will suffice if investment returns meet assumptions.
News
Warburg, Disruptive Capital Launch UK’s First Pension Consolidation Fund
The private equity firms are providing £500 million to seed the ‘superfund.’
Melrose Woos GKN with £1 Billion Pension Injection in Takeover Bid
Investment firm says current merger plan will leave GKN with £3 billion in pension liabilities.
Ontario Pension Board Returns 10.8% in 2017
Fund’s investments were managed by government-created management corporation for the first time.
OECD Forecasts Robust Investment Growth Through 2019
Global economy expected to grow 3.9% each of the next two years.
Norges Bank Releases ESG Exclusions
Bank cuts companies that derive 30% income or power from coal.
Calif. Treasurer Calls for Assault Weapons Divestment
John Chiang urges institutional investors to divest from sellers of military-style weapons.
NYS Common Cracks Down on Corporate Board Diversity
Diversity agreements made with four Fortune 500 companies.
CalSTRS Not on Board with Tesla’s Proposed Compensation Package
Cites issues with ‘lack of focus on profitability for the company.’
CalPERS Report Details Role in Dakota Pipeline Controversy
Engagement led to 17 banks disengaging from the project.
Sears to Contribute $407 Million to Pension Plans
Retailer will use proceeds from two loans to provide funding.
UK Pension Funded Levels Fall in February
Deficits rise over the month, but are down sharply from a year ago.
Appeals Court Remands Successor Liability Case
Ruling finds in favor of pension seeking recovery from firm that bought its predecessor.
UK Proposes Increasing Pension Watchdog’s Powers
Government white paper suggests giving The Pensions Regulator (TPR) the ability to levy ‘punitive fines.’
BT Reaches Deal with CWU to Close DB Scheme
Union to vote on proposals in the coming weeks.