Endowment Tax Hits Harvard’s Investment Strategy
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.
Regulation
Attorney General Orders Kentucky Governor to Release Pension Analysis
Ruling states Bevin violated public access laws upon November refusal.
UK’s FCA to Investigate Private Pensions
Financial watchdog seeks comments on £40 billion non-workplace pension sector.
Faced with Underfunding, Connecticut Seeks Proposals Tuesday for Teachers Pension Plan
Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.
Kentucky Lawmakers Propose Casinos to Fix Ailing Pension
Public pensions would get 100% of proceeds from license fees and taxes for 20 years.
NJ Lawmakers Revive Police, Firefighter Pension Spin Off Bill
Under new policy, PFRS would shift management from the state to a 12-member board.
Temer’s Pension Reform Still Lacking Congressional Votes
Poll reveals massive displeasure with president’s government among Brazilians.
Connecticut Coalitions Collide on Pension Changes
Bipartisan commission is conducting public hearings to determine pension solutions.
Temer Administration Still Adamant on Brazilian Pension Reform in 2018
Presidential poll leader awaiting Wednesday trial.
Pension Reform Hot Topic for Illinois Gov’s State of the State Address
State representative hopes for reversal of population migration trend to battle pension crisis.
Fla. Bill Increases State Pension Contributions
Proposed legislation calls for an additional $178.5 million a year.
CalSTRS’ Ailman Gives BlackRock’s Fink an “Ovation”
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.
Judge Rules Baltimore Violated Pension Contract
Court says 2010 pension overhaul ‘breached its contract’ with city police and firefighters.
UK Parliament Extends CDC Pension Inquiry Deadline
Regulations still needed for new pension type to take effect.