Pension Insurance Corporation Secures BHS2 Pension Scheme
The specialty insurer saves benefits of 9,000 members by shifting them to annuities.
Risk
Maryland State Retirement System Returns 8% for Fiscal 2018
Private and public equities lead the way with double-digit gains.
Switzerland’s Largest Pension Fund Trims Equities for Real Estate
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
World’s Largest Pension Fund Nears $1.5 Trillion
Foreign equities drive Japan’s Government Pension Investment Fund’s 1.68% returns in its first fiscal quarter.
CDPQ Assets Hit $308.3 Billion in First Half of 2018
Equities are among the highest performers for the Canadian pension fund’s mid-year returns.
Four Pension Plans Apply for Benefits Reductions
Struggling pensions from New York, New Jersey, and Ohio seek relief from the Treasury Department.
IMF Warns Tariffs, Tensions Pose Risk to Global Growth
Organization says tariffs and retaliation could ‘derail’ recovery.
Raytheon to Transfer Nearly $1 Billion in Pension Liabilities
Insurer Prudential will now carry the retirement obligations of 13,000 Raytheon members and beneficiaries.
NY Pension Fund to Divest Private Prison Holdings
New York State Common Retirement Fund owns stakes in GEO Group, CoreCivic.
Church of England Pension Returns 9.4% in 2017
Audit finds ‘significant level of long-term debt liabilities.’
Britain’s Public Equity Boosts Pension Protection Fund’s Ratio
Benefits lifeboat took on highest total obligations in Carillion, Toys R Us, and Hoover liabilities.
New Jersey Making Big Push on ESG Investing
State pension system targets arms sales, using contractors instead of employees, and foreclosures on hurricane victims.
Dutch Pension Divests from Korean Firm over Deforestation
APB sells off €300,000 worth of shares in Posco Daewoo due to impact of palm oil plantations.