News
New York Pension Fund May Lower Holdings in Stocks
Concerned about downturn risk in equities, the New York State Common Retirement Fund may tilt allocation to bonds.
Tag: Pension
Research
Canadian Pension Funds Return 1.5% in Q3
Despite strong year-to-date returns, falling rates have increased liabilities.
Regulation
Judge Axes Pension Fund Lawsuit over Healthcare Shift
Pension participants filed suit after program’s pullout from healthcare coverage.
Research
Netherlands, Denmark Top Global Pension Ranking
US retirement systems ranked 16th out of 37 countries.
Risk
Chicago Moves to Consolidate More than 650 Pensions
Task force cites lower overhead costs and access to larger pools of capital as benefits to the potential mergers.
Retirement Funds Are in the Crosshairs of US-China Conflict
Across-the-board portfolio limits on investing in Chinese firms will harm the US, say critics.
Asset Allocation
UN Pension Fund to Divest Coal
$68 billion defined benefit pension vows to be carbon free by 2020.
Virginia Will Lower Assume Rate of Return for Its Retirement Fund
The state’s system will make changes to asset allocations and benchmarks, too.
Risk
Baxter De-Risks $2.4 Billion in Pension Liabilities
Annuity contract with Prudential to transfer benefits for 17,200 members.
Rising Rates Boosts Corporate Pension Funded Status by $38 billion
The funded ratio of the 100 largest US corporate pensions rises to 85.4%.
Risk
Michigan Pension Fund Seeks Benefits Reduction
Detroit Carpenters plan to become insolvent in 15 years without government intervention.
Asset Allocation
NJ Pension Fund Returns 6.27% Misses Benchmark, Target
Fund reports ‘possible economic slowdown’ for 2020.
Hostplus and Club Super to Merge
Merger talks began in July, continuing industry consolidation trend among giant pensions Down Under.
CPPIB Announces First Indonesian Infrastructure Investment
Fund to buy a 45% stake in one of the Asian nation’s top toll roads.
Court Says Pension Withdrawal Liability Can’t Be Decelerated
Ruling likely to make trustees shy away from payment plans for defaulted employers.