Newsmakers
Rhode Island Pension Fund Earns $64.2 Million in August
Despite outperforming its benchmark, the returns were less than half that of July.
Tag: Pension
Newsmakers
Tampa Retirement Fund Lowers Assumed Rate of Return
Reduction to be phased in over five years.
BlackRock: UK Unprepared for Retirement
Report finds that four in 10 Britons are not saving for retirement.
Consultants Back TPR’s ESG Guidance
Twelve major advisory firms call for support of pension regulator’s sustainability guidance.
Newsmakers
Oregon PERS Changes Investment Strategy
Individual account programs will be shifted into target-date funds in 2018.
Newsmakers
Swiss Voters Reject Pension Reform Plan
Proposed package would have raised the retirement age for women.
Newsmakers
Post-Brexit Pensions in Jeopardy
Treasury select committee chair says implications are “potentially serious.”
European Pensions to Boost Asset Manager Lineup
70% of European pensions are considering hiring BlackRock.
Watchdog Investigates Pension Advisers’ Conflicts of Interest
The UK’s Competition and Markets Authority is looking into whether market features are crimping competition.
Newsmakers
World Bank, IMF Concerned over Ukraine Pension Reform
The two institutions object to amendments made to proposed pension bill.
UK Launches Pension Freedoms Inquiry
Parliament seeks to ensure freedoms aren’t liberating Britons from their savings.
Newsmakers
Colorado Retirement Board Endorses Reforms
Proposed changes would reduce benefits and require more contributions.
Capita to Strike over Attempt to Close Pension
Union says changes could cost some workers 70% of their retirement funds.
Newsmakers
Swiss “Pension 2020” Reform to be Settled by Voters
Proposed two-part pension system mired in controversy.
FCA to Require Disclosure of Pension Transaction Costs
New rules apply to managers of defined contribution plans.