The Baltimore Fire and Police Retirement System may be once again on the hook for tens of millions in annual payouts that had been cut in a 2010 reform package.
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?
CalSTRS CEO Jack Ehnes is defending the public pension against the State Controller's review addressing controls and processes over pension spiking, in which workers inflate their pension checks.
Hedge funds, watch out -- the JOBS Act will drive the next major shift for the hedge fund industry, Margolis Advisory Group and River Communications claim.
New York's attorney general has subpoenaed major private equity firms, suspecting they convert management fees into investments to duck income taxes, according to the New York Times.
The Securities and Exchange Commission is seeking to strengthen compliance with a Municipal Securities Rulemaking Board rule that limits political contributions by municipal securities professionals.
Louisiana’s police pension fund, a custodial client of JP Morgan, is suing the bank for allegedly manipulating clients' foreign-exchange transactions to pad its own profits.