Risk
Church Commissioners Slides in 2017, but Still Returns Strong Results
Church pension prepares for lower future returns, more volatility, and higher interest rates.
Tag: Pension
Regulation
Chattanooga’s Fire and Police Pension Fund Sues Wells Fargo
Tennessee fund accuses trustee of committing ‘systemic nondisclosures.’
Research
Canadian Pension Funds Invest C$25 Billion in Asia-Pacific
Report finds investments focused on Asia-Pacific region have been mutually beneficial.
Newsmakers
Breaking: CalPERS’s Ted Eliopoulos to Step Down
CIO plans to spend more time with family, fund will conduct a national search for his replacement immediately.
Risk
Rhode Island Pension Plans Total $2.4 Billion Shortfall
Report finds that more than one-third of local pensions are in critical status.
TPR Unveils ‘Tougher Approach’ to Pension Regulation
Regulator releases three-year plan to improve UK pension standards.
Research
Canadian Pension Investments Edge Higher in Q1
Defined benefit plans return 0.2% after gaining 4.4% in previous quarter.
Newsmakers
CalSTRS Ponders Collaboration for Private Market Investments
Ailman says efforts under discussion with three West Coast and three global pension plan officials.
Regulation
Rolls-Royce Reaches Pension Deal with Unions
DB plan to stay open until 2024 as contributions are increased for DC plan members.
Wilshire: State Pensions Are Over 70% Funded
Although liabilities climb, shortfalls shrink by $58 billion.
Risk
FedEx Sending $6 Billion in Pension Liabilities to MetLife
Transaction is largest risk transfer in US since Verizon/Prudential deal.
Newsmakers
A.G. Beshear Gets Witness Thrown Out in Kentucky Pension Case
Republican Gov. Bevin attacks judge as a biased Democrat.
UK Workplace Pension Participation Surges to Record High
Auto enrollment helps portion of workers with pensions rise to 73% from 47% in five years.
Risk
Treasury Approves Benefits Cuts for Fifth Pension Fund
Alaska Ironworkers Pension sees reduction plan accepted on second try.
TPR to Seize Assets of Employers Ignoring Pension Fines
High Court enforcement officers will be used to force delinquent companies to pay up.