Swiss Government Creates Blockchain Taskforce
Group to be led by finance, economic and education ministers.
News
Arconic to Freeze US DB Plans in April
Freeze to affect 7,900 US employees.
UK Companies Reduce Pension Deficit by £8 Billion
Mercer expects 2018 to be ‘biggest year ever’ for pension risk transfer.
IBM, Comcast Sponsor Blockchain Startup Fund
Fund to also connect startups with Fortune 500 clients.
Decennial Commission Seeks to Aid NH Pension Funding Issues
Main objective is to reinstate contribution subsidy.
Kentucky Mayor Pushes for State Luxury Tax to Aid Pension Problems
Officials hope reform is adopted before next fiscal year begins.
UK’s USS Reaches $2.95 Billion Settlement with Petrobras
Universities pension fund reaches partial settlement of class-action suit.
Episcopal Pension Invests in Socially Responsible Fund
Church Pension Fund contributes to $75 million clean technology fund.
Mercer: Funded Status of S&P 1500 Pensions Hits 84% in 2017
Discount rates decreased by 3.56%.
Not All Smart Beta Is Created Equal
With $1 trillion going into Smart Beta at the end of 2017, it’s important for allocators to look under the hood to avoid being disappointed.
Aon Completes Townsend Acquisition
Worldwide assets grow to $130 billion.
Research
Mercer: Canadian Pensions Enter 2018 Near-Fully Funded
Strong Q4 equity markets boost funded status ratios across the board.
Teamsters, NY Congressmen Partner for Union Pension Bill
New bill would allow shortfalls to borrow from government-issued Treasury bonds.
Connecticut Gov. Calls for Pension Contribution Restructure
Malloy says state can’t afford annual payments into teachers’ retirement system.
Houston Issues $1 Billion in Pension Obligation Bonds
Issuance is final piece of Houston Pension Solution reform package.