The Director of the Rotman International Centre for Pension Management thinks it’s time to quit the DB vs. DC argument, and come up with a new breed of pension plan.
The lawsuit claims a Pennsylvania brokerage arranged a kickback scheme with an insurance company, resulting in a hospital pension being overcharged for an annuity purchase.
The highway bill, signed by President Obama in July, should have substantially lowered aggregate pension funding obligations, yet the picture isn't entirely rosy.
Members of Parliament in the United Kingdom want to know: Does quantitative easing really have a “broadly
neutral” effect on the population, as the Bank of England claims?
Attendees at PIMCO’s cyclical economic
forum gave a thumbs-up to the European Central Bank’s commitment to buy sovereign
bonds, and a thumbs-down to American politicians.
Institutional trading follows target price changes despite concern over the objectivity and investment value of analyst research, an academic paper asserts.
A refusal to recognise that the investment world is changing has begun to sound the death knell for the majority of asset managers - and this will only get worse with less money to go around.