Dutch Pension Giant ABP Commits to Net-Zero Initiative
The UK’s National Trust and the Church of Sweden are among other investors to adopt the Net Zero Investment framework.
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Without thoughtful preparation, offloading liabilities can be a costly and time-consuming endeavor.
Plans often do piecemeal deals, to reduce the chances of everything going down the tubes.
The amended ‘Secure Choice’ program would apply to companies with 10 or more employees.
State’s largest pension fund has reportedly spent over $1 million for reporting error damage control.