UK Academics Demand Inquiry into USS Pension Fund
More than 1,000 professors call for investigation into largest UK private plan’s deficit.
Regulation
UAW Pension Fund Urges Mylan to Bolster Pay Policy
Pension wants firm to recoup incentive compensation from execs who behave badly.
Philip Green Wins Support from Regulators for Arcadia Rescue Plan
Regulators satisfied with £385 million package despite demanding £25 million more.
TPR Replaces Pension Trustees over Incompetence
Regulator names independent trustee to oversee Dunnes Stores DC plan.
Supreme Court to Investigate IBM Stock Drop’s Influence on Corporate 401(k) Plan
Investigation could have wide-ranging effects on corporate pension plans.
Ohio Teachers Pension Sued over Eliminated COLAs
Plaintiffs says retirement system board reduced benefits unlawfully.
SEC Sues Alleged Head of Cryptocurrency Pyramid Scheme
Daniel Pacheco is accused of bilking investors out of $26.5 million.
Oregon Pension Reform Squeaks Through Legislature
Bill barely passes both chambers; governor expected to sign into law.
Boeing Faces Slew of Class-Action Suits over 737 MAX Crashes
Shareholder lawsuits accuse plane maker of concealing safety problems.
Proposed Legislation Aims to Help Boost US Retirement Savings
Bipartisan bill calls for increased contribution limits, expanded access for workers.
European Commission Fines Banks €1 Billion for Currency Rigging
Barclays, RBS, Citigroup, JP Morgan, and MUFG allegedly participated in forex cartels.
SEC Halts Alleged Diamond-Related ICO Ponzi Scheme
Regulator charges cryptocurrency firms with securities fraud.
New Bill Would Conduct the Largest Investigation of Private Pensions in 40 Years
Bipartisan senators look for new ways to ensure retirement security.
Rhode Island Secures Church Pension Transparency
Bill’s passage will solve reporting loophole in religious institutions.
Institutional Investors Call for Workplace Disability Inclusion
Only 29% of working age Americans with disabilities are employed.