Regulation

GASB Approves New Pension Standards

The Governmental Accounting Standards Board has approved new accounting standards for US public pensions that aim to improve their accounting and financial reporting.

International Clamoring to Ease Pension Burden

Pension experts in the United Kingdom and United States have called for regulatory changes to lower the exploding liabilities of pension plans caused by rock-bottom interest rates.

Institutional Investors of the World Unite on 'Fracking'

A group of activist investors representing $1 trillion in assets under management are seeking action from the hydraulic fracturing industry due to the increasing level of uncertainty about its potential for environmental damage.

Pensions Warned to Push on With Reform Despite Deficits

It is a misperception that new benefit structures raise costs in the short run because of a Government Accounting Standards Board (GASB) accounting rule that accelerates amortization schedules,” says Dr. Robert M. Costrell, Professor of Education Reform and Economics at the University of Arkansas.