News
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.
Three Days Left to Nominate Most Innovative CIOs and Best Asset Managers of 2017
Nominations close Friday, August 4.
Calif. High Court to Hear Appeal Against San Diego Pension Cuts
City could be forced to create pensions for 3,000 workers if overturned.
New Workers Must Save 20% of Income to Match Baby Boomers’ Retirement
Report finds new workers face “hostile economic environment.”
International Paper to Make $1.25 Billion Pension Contribution
The move is part of a long-term de-risking program at the company.
eVestment: Public Pension Plans Gravitating to Real Assets, Private Equity
The trend may help introduce more transparency in these private markets since public plans are held accountable, firm says.
KPMG Survey Finds ‘No End to Growth for LDI’ in UK
UK pensions have more than £900 billion of exposure to LDI.
Oregon PERS to Lower Fund’s Assumed Rate 0.3%, Increasing Unfunded Liability
New rate suggested by Milliman based on study.
