Pensions
Pennsylvania PSERS Drops Aon as Consultant
Aon admitted fault for the 2020 mistakes that led to the resignations of pension fund leaders, and the fund has moved on to a new consultant, Verus Investments.
The pension fund accuses Aon of breach of contract, breach of fiduciary duty and negligence.
Wade Steen claims he was illegally removed from the board of Ohio’s State Teachers Retirement System.
Complaint alleges Principles for Responsible Investment signatory owns at least $78 billion in fossil-fuel investments.