UK’s FCA to Investigate Private Pensions
Financial watchdog seeks comments on £40 billion non-workplace pension sector.
News
Canadian Pensions Report Seventh Consecutive Positive Quarter
US equities were the top-performing asset class.
Faced with Underfunding, Connecticut Seeks Proposals Tuesday for Teachers Pension Plan
Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.
Kentucky Lawmakers Propose Casinos to Fix Ailing Pension
Public pensions would get 100% of proceeds from license fees and taxes for 20 years.
UBS: How the Market Is Showing It’s not Worried
Lower P/Es, buybacks, small investor trading, and the fear gauge don’t paint a picture of panic.
BT Group to Axe Future DB Accrual for 10,000 Managers
Company reviewing feedback, still in talks with CWU for non-managerial DB members.
Report: Global Pensions Hit Record $41.3 Trillion
US, UK, and Japan among top total asset markets.
California Controller, CalSTRS CEO: Financial Markets Are Underpricing Carbon Risk
CalSTRS’ Jack Ehnes urges asset owners to help lawmakers understand the ‘business case’ for clean energy.
UK Pension Funding Levels Continues to Rise
Deficits shrink on a monthly and annual basis.
NJ Lawmakers Revive Police, Firefighter Pension Spin Off Bill
Under new policy, PFRS would shift management from the state to a 12-member board.
Private Pensions Boost British Wealth
Survey finds that more than half of UK wealth growth comes from private pensions.
Temer’s Pension Reform Still Lacking Congressional Votes
Poll reveals massive displeasure with president’s government among Brazilians.
Pennsylvania SERS Approves $675 Million in New Investments
System has approved nearly $1.8 billion in investments since September.