Research
PEW Report Determines How Detroit Can Keep Pension Promises
Report says Detroit’s contribution policies will suffice if investment returns meet assumptions.
Tag: Pension
Warburg, Disruptive Capital Launch UK’s First Pension Consolidation Fund
The private equity firms are providing £500 million to seed the ‘superfund.’
Melrose Woos GKN with £1 Billion Pension Injection in Takeover Bid
Investment firm says current merger plan will leave GKN with £3 billion in pension liabilities.
Risk
Ontario Pension Board Returns 10.8% in 2017
Fund’s investments were managed by government-created management corporation for the first time.
UK Proposes Increasing Pension Watchdog’s Powers
Government white paper suggests giving The Pensions Regulator (TPR) the ability to levy ‘punitive fines.’
BT Reaches Deal with CWU to Close DB Scheme
Union to vote on proposals in the coming weeks.
CDPQ to Expand In-House Private Equity Team
Pension aiming to cut outside PE costs, boost Singapore office.
Regulation
Federal Judge ‘DROPs’ Police and Firefighter Pension System Lawsuit
Board froze DROP program due to insolvency woes.
Newsmakers
Wisconsin Public Employee Pensions to Rise at Least 2.4%
Dividend payments are a result of a 16.2% return for the state’s core fund.
Regulation
Grim Fate Looms Over Kentucky Pension Reform
Stivers pessimistic as 10 days remain in regular session.
Manager Selection
Australia’s CBUS to Bulk Up Infrastructure Division
Move follows growing in-house management trend.
Crest Healthcare Admits Shirking Pension Requirements
Firm and managing director plead guilty to misleading The Pensions Regulator.
New British Steel Pension Scheme Goals Met
BSPS plans, Tata Steel merger with Thyssenkrupp can now go forward.
Regulation
Court Orders Inquiry into Sears Canada Dividend Payment
A litigation investigator has been appointed to review C$3 billion in shareholder payouts.
Newsmakers
UK University Strikes Continue after Union Rejects Pension Deal
UCU gearing up for additional 14-day strike during exam, assessment period.