Proposal #12 passes in a 62.3% proxy vote by Exxon Mobil shareowners.
News Archive: May - 2017
World Economic Forum warns of “imperiling the incomes of future generations.”
Fund faulted for using assumptions that contradicted its own information.
The state’s Public School Employees’ Retirement System says the returns justify the fees.
Beginning August 1, 51,000 participants will receive benefit payments from MetLife.
Proposal #12 looks to enhance reporting on impact of oil and gas reserves under 2-degree target and review long-term impacts.
School district is required to pay pension fund $716 million by June 30.
Annual return of 11.8% matches five-year average.
Conservative Party manifesto calls for changing the triple lock to a double lock.
Treasury says lowering investment, inflation assumptions will avoid $500 million shortfall.
Houston firefighters’ pension opposes the bill, and is considering legal action.
Texas, Florida cities seen as best markets for retail property investors.
British employees of the automaker have been on industrial action since April.
Judge rules pension was within right to add discretionary increases.
New application raises return assumptions and lowers proposed reductions.