British Airways Loses Lawsuit Against Pension Trustees
Judge rules pension was within right to add discretionary increases.
Judge rules pension was within right to add discretionary increases.
New application raises return assumptions and lowers proposed reductions.
Deal reached after fund rejects compromise as short-term fix.
Bills include provisions for shifting to defined contribution from defined benefit plans.
Report says pension cost increases tied to education cuts, calls for states to reprioritize pension reform.
71% of European investors are optimistic about the future of the alternative asset management industry.
Seeks Chinese investment opportunities that have the potential to enter developed markets.
Fund is expected to become insolvent in 18 years without major cash infusion from taxpayers.
Bill would repeal benefits reduction option provided by Multiemployer Pension Reform Act of 2014.
At the recent SALT conference, SkyBridge Capital Founder Anthony Scaramucci commented on his unrealized public liaison position.
The CIO will manage the liberal arts school’s endowment of nearly $800 million.
Head of natural resources says endowment is pausing investments in minerals, oil, and gas.
Significant variances based on loan maturity, report says.
Actuarial note estimates that the proposed legislation would reduce employer contributions through 2050.
India shows top returns.