Court Rules Pension Plan Change Did Not Violate Law
Ruling: Northern Trust’s change in payout formula not an illegal reduction in accrued benefits.
Ruling: Northern Trust’s change in payout formula not an illegal reduction in accrued benefits.
Reports from Northern Trust, Mercer show continued improvement.
BlackRock and Rhumbline Advisers were among the finalists considered.
Despite elevated valuations, investment outlook predicts attractive stocks, no bond bubble.
Continued strength from the equities market may be the most consistent return-driver allocators can hope for.
Many see US equity valuations as stretched, and emerging markets offering the most opportunities in the next few years.