Gucci’s Got Expensive Handbags and Expensive Fund Managers, Plaintiffs in Court Settlement Allege
$1.2 million settlement served in allegations Gucci didn’t opt for cheaper investment options when available.
$1.2 million settlement served in allegations Gucci didn’t opt for cheaper investment options when available.
Question is: Can plan beneficiaries sue over risky asset allocations, despite the plan’s return to full funding?
Canadian pension fund interested in Elon Musk’s rocket business, in particular its Starlink satellite network project.
Legislation would require church plans to follow ERISA standards.
This series talks with leading CIOs about improvements made to their funds that have made a difference.
Key to this, pension official Angela Miller-May tells a US House panel, is requiring a set level of minority and female outside advisers.
New requirements for DB, DC plans take effect October 1.
Mark Thompson will lead the local authority pension pool after eight years of running the bank’s DB and DC plans.
Alliance of pension and other institutional investors, managing $34 trillion, is worried about “ambition gap” in meeting Paris Agreement’s goals.
Funded ratio falls to 56% as portfolio has worst calendar year in a decade.
New deputy CIO at the Australian superannuation fund has been its head of public markets.
The city’s five public pension funds have a property portfolio worth $18 billion.
More than twice as many members were counseled to transfer out of their DB plans than told to stay put.
Katarina Staaf to head the private equity-centric pension fund in September.