Euro Commission Set to Introduce Pan-EU Pension Product in 2019
EC unveils plans for a cross-border pension system in new proposals.
News
NY Comptrollers, CalSTRS Retaliate Against Mylan Board
A recently filed form reveals the EpiPen company ignored majority shareowner votes again, and the response is ferocious.
State Pensions’ Struggles to Meet Obligations Mount
Latest data shows funding ratios drop below 70% since 2010, posting two consecutive years of 4% losses.
Will Saudi Arabia Be Next on MSCI Emerging Market Index?
Country placed on watch list based on the progress of its recent stock market reforms.
GlobalData: UK Pension Reforms Drive Savings
New report predicts UK market’s APE to reach £17.5 billion by 2021.
New Research Shows 2014 Unfunded Pension Liabilities Hit 150% Spike
Despite contribution increases, most plans experienced negative amortization over the past decade.
Court Rejects $187 Million Pension Lawsuit Against Align Technology
Plaintiffs alleged the company misled investors regarding its 2011 Cadent acquisition.
Louisville Foundation Fires Chief Administrator Kathleen Smith
Smith’s lawyer says she’s a ‘fall girl,’ and calls the firing a ‘cowardly failure.’
IMN: Managing Market, Political Risks Heading Into The Ninth Inning Of Expansion
Liquidity concerns and the impact of tightening monetary policy are challenging investors, panelists say.
UK’s FCA Proposes Changes to Pension Transfer Advice
New rules focus on moving from defined benefit to defined contribution plans.
European Hedge Funds Extend Outflows Into 2017
Political, economic, and regulatory concerns outweigh strong performance.
Scranton Pension Board Sued for Double Payments
Lawsuit cites 2015 Audit Report that said the payments disregarded the laws governing pension plans.
UK Pension Funding Gap Widens
Aon Hewitt report shows that funding for the top 5% of pensions plans has risen, while funding for the bottom 5% has fallen.
Santa Monica Agrees to Fund CalPERS $45 Million
City council significantly boosts annual payment from $1.3 million to pay down unfunded liability.
IMN: Disruptive Technology Creates Challenges, Opportunities for RE Investors
Real estate experts agree: The only thing that’s certain is change.