Kroger Withdraws from Central States Pension Fund
Supermarket chain sets up new fund in labor deal with Teamsters.
News
Brazilian Congress May Push Pension Reform to February
President Temer warns of negative economy if reform is not done swiftly.
French Government Greenlights Blockchain
New rules permit crypto-tech unlisted security trading, cuts out middlemen.
CalPERS Reports 11.2% Return for Fiscal Year 2017
Portfolio gains led by public equities, which returned nearly 20%.
Mercer: Firms Must Evaluate and Adjust to the Shifting Landscape
White paper outlines key areas of focus for wealth managers in 2018.
Funded Status for Pensions Rises in November
Reports from Northern Trust, Mercer show continued improvement.
Report: DC Plan Fiduciary Awareness Continues to Decline
Nearly half of plan sponsors do not consider themselves a fiduciary.
13 China Pensions will Be Unable to Pay One Year’s Worth of Pensions
2050 pensioner-to-worker ratio will be 1:1.3, official says.
Royal Mail, Union Make Headway in Pension Talks
Company changes position on wage-in-retirement plan.
Milliman: Top 100 Public Pension Plans Funded Status Improves by $36 Billion in Q3
Interest, new benefit accrual boosts total pension liability to almost $5 trillion.
Wells Fargo: Bull Market to Extend Through 2018, but End may not Be Far
International markets to lead growth, active management to make a resurgence.
Is the Endowment Tax a Trojan Horse?
New 1.4% tax on private colleges’ investment income could be a ‘harbinger’ for non-profit entities.
MOSERS Lump-sum Buyout Could Save $90 Million
22% of former state workers take lump-sum payout, fund expects more than $2 million in first-year savings.