Newsmakers
TCRS Sees 11.4% Returns in Fiscal 2017
Pensions, state budgets “are as vulnerable as they have ever been,” PEW Retirement Officer says.
Tag: Pension
IRS Raises Pension Contribution Limits
Changes include increased contribution limits for 401(k), 403(b), and most 457 plans.
Newsmakers
Administrator Takes Over Sears Canada Pension Plan
Ontario Superintendent of Financial Services appoints Morneau Shepell to oversee pension.
Pension Assets Hit Record $38 Trillion Worldwide
Report says nearly all losses from the 2008 financial crisis have been recouped.
Society of Actuaries Releases Annual Mortality Improvement Scale
Slight decline in life expectancies may slightly lower pension plan obligations.
Newsmakers
Germany to Free Up €1.3 Billion in 2018 Pension Contribution Cuts
Once the updated tax revenue is published, reduction can be formally agreed to on November 22.
Newsmakers
IPERS Reveals New Search Process to Find Alpha
The $31 billion fund sheds light on its new three-phase search for investment management firms.
Newsmakers
Dutch Pensions Adapt Blockchain Tech for Fund Administration
APG and PGGM aim to use the cryptocurrency technology to lower costs and improve services.
Newsmakers
OPERS Board to Cut COLAs in 2019
New plan must still be approved by the General Assembly.
FCA: UK Millennials Are Cash-Strapped, Under-Invested
The majority of 25- to 34-year-olds have no investments, and lag in savings.
Newsmakers
Church of England Pensions Board Chief Executive Bernadette Kenny Passes Away
Kenny oversaw innovative changes to the board as well as the National Church Institutions.
Two Pensions Withdraw Applications for MPRA Benefits Reduction
Teamsters Local 805 and Southwest Ohio Regional Council of Carpenters rescind suspension requests with Treasury.
UK State Pensions to Rise as Inflation Increases to 3%
CPI reaches highest level since 2012.
Newsmakers
Kentucky Governor Reveals “Keeping the Promise” Plan to Aid Pension System
Teachers, hazard workers to keep current benefits until 27 years of service is reached.
UK Insurers Call for Pension Dashboard Legislation
Britons change jobs 11 times in a career, which can create pension confusion.