The House Oversight and Government Reform Committee is considering a bill that would push Federal employees, including members of Congress, to contribute 1.5% more toward their pensions.
UK's pensions lifeboat has added agriculture and timberland to its alternatives roster.
Newly settled litigation allows California’s top insurance regulator to keep tabs on the state's insurers’ investments in companies doing business in Iran.
Dutch pension fund ABP is suing US investment bank Goldman Sachs for knowingly selling the scheme junk mortgages and providing misleading information.
The Justice Department is set to create a special unit to investigate abusive lending and packaging of risky mortgages, as part of President Obama's 2012 agenda.
Diamondback Capital Management has agreed to pay more than $9 million to settle allegations of insider-trading at the hedge fund.
BNY Mellon -- the world's largest custody bank -- has settled part of its federal forex lawsuit.
Pension funds such as CalSTRS and others in the industry say that moves by US regulators to soften Dodd-Frank Act rules designed to protect less-sophisticated customers in swap trades is a signal that legislation is moving in the right direction.
After filing a suit against JP Morgan, Stichting Pensioenfonds ABP (ABP) has sued Credit Suisse as many of the scheme's once triple-A rated securities now carry junk grades.
Documents obtained by the Wall Street Journal show consternation within the bank as multiple states began to investigate foreign exchange transaction pricing.