The giant fund is succumbing to lower inflation assumptions.
The new chief investment officer has been overseeing the underfunded plan for two weeks.
Detroit Carpenters plan to become insolvent in 15 years without government intervention.
Aon says the window for de-risking opportunities ‘seems to be closing.’
Plan participants will likely see reduced benefits after the 178-year-old travel firm collapse
Managers allegedly lied to investors, used funds to support ‘luxurious lifestyle.’
$36.1 billion pension complies with Tobacco-Free Finance Pledge.
Researcher describes how he was able to trick the biometric protocols.
Fund reports ‘possible economic slowdown’ for 2020.
Insurer signs £4.7 billion deal with Telent, and £3.8 billion deal with Allied Domecq.
But technology to combat these doctored videos is also growing in sophistication.
UBS survey of family offices says a majority foresee an economic slump in 2020.
Cuts are expected to save pension an estimated $3.44 billion.
‘Bug bounties’ offered by major technology companies to help find vulnerabilities.
Global equities spur 3.2% return for second quarter.