FTSE 100 Firms Pay £150 Billion a Year to Pensions – And It’s Not Enough
LCP: Liabilities have risen at a faster pace than assets over the past 10 years.
News
Canadian Pension Returns Positive Despite Negative Equity Returns
Tracking service has reported five consecutive quarters of positive results.
Deadline Extended to Nominate Most Innovative CIOs, Best Asset Managers of 2017
Deadline extended until Tuesday evening.
PBGC: Multiemployer Pension Insurance Insolvent by 2026
Report projects that the multiemployer program's deficit will rise to $80 billion in less than nine years.
NYC Public Pension System Preliminaries Show 12.95% Return
Including 2017, compound rate of return is 7.4% over the last four years.
Report: 18% Rise in NY Pensions Over $100K
More than 50% of six-figure pensioners are from police, firefighter units, Empire Center reports.
Investors Withdraw $7 Billion From Hedge Funds in June
Despite signs of a rebound, sentiment turns negative on the asset class, bringing YTD inflows down to $20.65 billion.
CalSTRS Deputy CIO To Retire After 27-Year Run
Michelle Cunningham was also the fund’s first internal investment officer.
Rising Pension Age Hits Women’s Savings in UK
1.1 million fewer women are receiving a state pension due to an increase in pension age.
CT Officials Pass Pension Concession Labor Pact
The state seeks to close a $5.1 billion shortfall in two years.
Wilshire: US Corporate Pensions Up 1% in July
Funded ratio sees first increase since March.
Half of Middle-Market Dealmakers See No Impact From Trump on Private Equity Fundraising
ACG New York survey shows most expect private-equity investments will outpace hedge-fund and venture-capital investments in 2H.
Gov. Rauner Issues Amendatory Veto to Illinois’ Senate Bill 1
Urges General Assembly to make “historic changes” to state education funding.
Universities Superannuation Pension Reports 20.1% Return
However, liabilities outpaced investments, increasing the fund’s deficit.