Risk
Palm Beach Post Mortem
A case study examines what went wrong when a Florida town closed its defined benefit pension.
Tag: Pension
Over 1 Million UK Students Will Be Affected by Pensions Strikes
Strikes began Thursday over plans to remove defined benefit element from university employees’ pensions.
Newsmakers
Kentucky Senate Finally Files Anticipated Pension Bill
SB 1 contains a variety of changes from Gov. Bevin’s controversial October bill.
Regulation
California Bill Would Allow State Workers to Opt Out of CalPERS
Proposed legislation would create an optional defined contribution plan.
Newsmakers
Brazil Drops Pension Reform in Favor of Military Intervention
Moody’s determines measure 'credit negative.'
Opinion
Montana Rep. Offers $700 Million State Public Pension Solution
Cites problems coming from “highly optimistic” rate of return, lack of employee contributions.
US Public Pension Funds Break Cardinal Rule of Investing
Research shows that institutional investors rely on past performance to gauge future returns.
Regulation
Kentucky Senate President Shuts Down Bevin’s 401(k) Proposal
Teachers to now choose between two plans in new reform.
UK Committee Calls for Pensions Regulation after Billion-Dollar Scandal
Average British Steel pensioner transferred £400,000 in benefits to “unsuitable” funds.
UK Regulators Team Up on Pensions Strategy
FCA, TPR to tackle key risks facing the sector over the next five to 10 years.
Risk
Phoenix Using New Strategy to Chip at City Pension Debt
Concept being applied to additional city departments.
Research
Canada Pension Plan Rises 4% in Q3 of Fiscal 2018
Total assets gain C$8.9 billion to reach record high of C$337.1 billion.
PGIM CEO Eyes Public Pensions as Next Financial Crisis
Hunt points to funding difficulties due to lawmakers setting obligations.