Corporate Moves
General Electric Proposes Freezing UK Pension Plans
Move would affect 2,800 employees in two defined benefit plans starting in 2022.
Tag: General Electric
Pensions
GE Agrees to $1.7 Billion Buyout; BBC Pension Secures £3 Billion Longevity Swap
Athene will provide annuity benefits to approximately 70,000 GE retirees.
Why Are We Still Using the P/E Ratio?
The storied multiple takes a lot of flak, but maybe it has value after all.
Risk
New General Electric CIO Freezes Pension Fund
The new chief investment officer has been overseeing the underfunded plan for two weeks.