Towers Watson has warned that pension and insurance investors will be asked to fund the running costs of Europe’s regulator under new plans unveiled by EIOPA.
Ronnie Cohen, the founder of private equity giant APAX and godfather of venture capital, is on a mission to recruit institutional investors to his cause.
A report has found that most US pension plans are not equipped to face structural changes as they near glide path endgames and improved funding ratios.
The Teachers’ Retirement System of the State of Illinois recorded a drop in funded ratio to 40.6% and an increase in unfunded liability to $55 billion this year.