Regulation
AZ Judge, Politician Pension Could Get Funding via Judicial Fee Bump
Employer contribution increase, COLA reductions are also being discussed.
Tag: Pension
Research
Malaysia’s Largest Pension Returns 14.13% in 2017
Employees Provident Fund also declares highest dividend in 20 years.
Research
Danish Pension Fund ATP Returns 29.5% in 2017
Fund adds $4.9 billion for total assets of $126.9 billion.
Risk
CalPERS Loses $15B in Stock Drop
But fund’s 4.6% loss is nearly half of what market lost overall, Eliopoulos says.
Newsmakers
Kentucky Business Leaders Urge for Reform to Nix Public DB Plans
General Assembly, pension advocacy group, Democratic Party publicly respond via social media, local radio.
Research
NYS Common Retirement Fund Cracks $200 Billion
Strong equities helped drive fund in fiscal Q3.
WPP De-Risks £140 Million in DB Liabilities
The pension insurance buy-ins cover communication giant’s five pension plans.
Asset Management Culture
ISBI Chair Explains Why Illinois Ditched Hedge Funds
State investment board cut nearly all of its hedge fund managers.
Regulation
Attorney General Orders Kentucky Governor to Release Pension Analysis
Ruling states Bevin violated public access laws upon November refusal.
TPR Doles Out £130,000 in Fines to Two Pension Violators
Bus operator is first company to be sentenced for shirking auto-enrollment duties.
House-Senate Committee Tasked with Solving Pension Crisis by Year-End
Committee will be comprised of six senators and six House members.
Research
Funded Ratio for US Corporate Plans Gain 3.8% in January
Ratio rises to its highest level in more than four years.
Research
Sweden’s AP2 Sees 9.1% Gains in 2017
Fund to continue its mission of implementing ESG practices into all investment decisions in 2018.
Research
Canadian DB Pensions Rise 4.4% in Q4, 9.7% for 2017
Low interest rates, and a rising global economy boosted returns.
Newsmakers
KWAP Becomes First Malaysian Signatory for UN-Backed PRI
Fund is currently organizing environment-themed conference for July.