News
SEC Hits Founder of Fintech Start-Up Mozido with Major Fraud Filing
Liberty had been released from federal prison in January following campaign contribution activities.
CalPERS Selects Real Assets Investment Manager for New ESG Role
Appointee viewed as key architect of sustainable investment guidelines for previous department.
Rising Funded Levels to Spur Risk Transfers, Fixed Income
Report estimates top 50 defined benefit plans at 86% funded level.
Comptroller DiNapoli Presses Pollutants on Paris Agreement Goals
NYS Common pulls shareholder requests after DTE Energy, Dominion Energy, and Southwestern Energy comply.
UCU Members Vote on Summer Strike Suspension
Cambridge branch exec advises members to hold off until further clarity is presented.
Ontario Teachers’ Pension Plan Returns 9.7% in 2017
C$189.5 billion plan reports being fully funded for fifth straight year.
British Airways Closes Pension Plans
Closes one pension to future accruals and another to future contributions.
PR Gov. Rossello to Present Rogue Fiscal Plan Thursday
Proposal will defy board-requested revisions to PR pension system in favor of governor’s original concepts.
Louisiana Proposes Pension Reform Bill
Bill would raise retirement age and add defined contribution element to state pension plans.
CPPIB Adds $1 Billion to Energy Portfolio
Fund acquires NextEra project portfolio, and boosts ReNew Power stake to garnish Ostro Energy deal.
UK Employers Support Pension Contribution Increase
Report also shows that the majority of employers are upholding auto-enrollment duties.
Institutional Investors ‘Somewhat Concerned’ US Could Enter Bear Market in Next Two Years
The closely watched Commonfund survey also shows investors are bullish on emerging markets but anticipate US underperformance.
FTSE 100 DB Plan Deficits Fall 32% in 2017
However, figure ‘masks the materially worse funding position likely to be reported.’
Kentucky Passes Surprise Pension Reform that Was Inserted into a Sewage Services Bill
State’s attorney general says bill violates law, plans to sue when signed by governor.