Report Paints Bleak Picture of Kentucky Pensions
Governor says report finding the state’s pensions among the worst funded confirms the urgency for reform.
News
Brennan & Arch Street Joint Venture to Focus on Net-Leased Industrial Properties
The venture is looking to invest as much as $300 million in major US markets, and has obtained a line of credit from Goldman Sachs.
FTSE 100 Pension Liabilities Increase by £95 Billion
Report shows that pension closures continue at the UK’s largest companies.
Dutch Pensions Continue to Dwindle from Consolidation
The number of plans in the Netherlands has plunged 75% in 20 years.
CIO Announces Innovation Awards Finalists
8th Annual Innovation Awards nominees list was honed by asset owners and consultants representing $1.2 trillion in assets under management.
Aon Launches Hurricane Harvey Flood Insurance Product
Each risk to contain policy terms up to one year.
South Carolina Lawmakers Contemplating Additional Pension Reforms
New 401(k)-style plans heavily discussed in first-time legislative off-season meeting.
Employees Retirement System of Texas Lowers Expectations
Board of trustees votes to cut expected rate of return to 7.5%.
Oregon Task Force Pension Proposals Could Affect Oregonian Bank Accounts
In order to reduce Oregon PERS’ pension deficit, Governor Kate Brown to look at a series of out-of-the-box options.
Ball Transfers Pension Liabilities to Prudential Annuity
Move will reduce the company’s pension obligation by $220 million.
Louisiana State Employees’ Retirement System Returns 15.8%
Gains push fund’s total asset value to more than $11 billion.
Kentucky Teachers’ Pension Gains 15.37%
Performance places TRS in top 8% of large pension funds.
Illinois’ Teacher Pension Plans Favor White, Affluent Students
Report says pension plans deepen school funding inequities.
Finland’s Varma Mutual Pulls US Stocks in Response to Trump’s Performance
Fixed-income durations shortened using derivatives to prep for high interest rates.
Celadon Financial’s Philanthropy Division Teams with American Red Cross, Global Impact for Hurricane Harvey Relief
Caritas Partners willing to donate 50% of equity, option trade, “step-out” transaction commissions.