Regulation
Supreme Court to Investigate IBM Stock Drop’s Influence on Corporate 401(k) Plan
Investigation could have wide-ranging effects on corporate pension plans.
Tag: Pension
Regulation
Ohio Teachers Pension Sued over Eliminated COLAs
Plaintiffs says retirement system board reduced benefits unlawfully.
Newsmakers
Sunsuper CEO Will Step Down Once Successor Is Found
Scott Hartley’s leadership helped more than double the Australian fund’s assets in almost six years.
Multiemployer Plans Faltered in Second Half of 2018
Funding shortfall for the plans increased by $51 billion during period.
Newsmakers
Declining Musicians’ Pension Fund Sings the Benefit Reduction Blues
National plan can take this step under a federal law passed in 2014.
Regulation
Oregon Pension Reform Squeaks Through Legislature
Bill barely passes both chambers; governor expected to sign into law.
Opinion
OP-ED: How Home Equity Improves Retirement Security
A new form of SRI: secure retirement income.
Alternatives
New Jersey to Cut Its Hedge Funds in Half
Pension fund plans to boost Treasury bonds, private equity investments.
UK MPs Call for Parliament’s Pension Fund to Divest Fossil Fuels
Lawmakers demand fund dumps BP, Royal Dutch Shell holdings.
Newsmakers
Bridgewater Tells Arizona Pension Fund China Will Be No. 1 Economy in 10 Years
Ray Dalio’s head of China research says trade war is broadly about a power shift.
Newsmakers
WSIB CIO Gary Bruebaker to Retire
After 18 years at the Washington State Investment Board, Bruebaker is trading building good investment returns for other passions such as water sports and vintage cars.
Risk
Norway’s Largest Pension Fund Divests From Alcohol, Gambling Investments
Action latest in KLP’s quest to eliminate ‘sin stocks’ from its $80 billion portfolio.
Proposed Legislation Aims to Help Boost US Retirement Savings
Bipartisan bill calls for increased contribution limits, expanded access for workers.
Wilshire Trust Universe Reports Best Quarter Since 2009
Quarterly return of 8.26% provides strong rebound from 2018’s dismal Q4.
CalSTRS Wants to Increase Internal Management
Hundreds of millions in cost savings could be at stake, but building additional external capabilities won’t be easy.