Teamsters, NY Congressmen Partner for Union Pension Bill
New bill would allow shortfalls to borrow from government-issued Treasury bonds.
Regulation
Connecticut Gov. Calls for Pension Contribution Restructure
Malloy says state can’t afford annual payments into teachers’ retirement system.
UK Regulator to Prosecute Company for Lack of Pension
Birmingham’s Crest Healthcare accused of shirking auto-enrollment duties.
Ives Seeks to Make Changes to Illinois Pension Systems in 2018
Adjustments include state constitution amendments, renegotiate pensions.
Despite Protests, Argentina Passes Pension Reform
Dozens injured, 60 detained in demonstrations.
UK to Relax Rules for Fossil Fuel Divestment
Local authority pension plans expected to be earliest to implement new regulations.
Sweden to Raise Minimum Pension Age to 64 by 2026
Reforms will make it harder for companies to terminate pension-age employees.
Brazilian Congress May Push Pension Reform to February
President Temer warns of negative economy if reform is not done swiftly.
Is the Endowment Tax a Trojan Horse?
New 1.4% tax on private colleges’ investment income could be a ‘harbinger’ for non-profit entities.
FCA Accuses Four Asset Managers of Breaking Law
Statement of objections initiates regulator’s first enforcement case.
Brazil’s Pension Reform Vote Moves to Dec. 15
Bill will be more difficult to pass if pushed back to 2018, Congress says.
UK University Employees to Vote on Strike over Pension Changes
Union calls for strike over proposal to move participants into defined contribution plans.
More Trials Ahead for North Carolina Pension Fund
Despite fee slashes, fund is not yet out of the water.
Softer Pension Proposal Leads to Brazilian Stock Slip
Reductions to plan made to ensure December Congressional vote.