Newsmakers
San Francisco Creates Reduced-Carbon Portfolio
Fund will be weighted towards companies that are more environmentally friendly in their carbon usage.
Tag: Pension
Regulation
Connecticut Coalitions Collide on Pension Changes
Bipartisan commission is conducting public hearings to determine pension solutions.
PLSA Adds Sustainability Section to Pension Governance, Voting Guidelines
Updated guidelines recommend pension funds not support board re-election without climate change risk assessment, response to business effects.
NCPERS Study Reports Solid Year for Public Pensions
Employer contributions up 4%.
Newsmakers
San Francisco Approves Scaled-Back Divestment Plan
The plan also calls for the hiring of a director of socially responsible investing.
Newsmakers
Federal Judges Dismiss Rhode Island Pension Lawsuit
Previous state pension plan changes noted in ruling.
Market Moves
Fidelity Eyes Chinese Mutual, Pension Fund Markets
Company to provide domestic investment products to institutional investors, and high net worth individuals.
Newsmakers
Colorado Pension Sues Nine Banks over Lending Rates
Pension alleges the banks rigged their lending rates to boost profits.
Regulation
Temer Administration Still Adamant on Brazilian Pension Reform in 2018
Presidential poll leader awaiting Wednesday trial.
Newsmakers
Top UK University Union Members to Strike over Pension Changes
Average professor could lose over $200k in benefits under new plan.
Alcoa to Freeze US, Canada Pensions by 2021
Aluminum producer will transition employees to defined contribution plans.
Regulation
Pension Reform Hot Topic for Illinois Gov’s State of the State Address
State representative hopes for reversal of population migration trend to battle pension crisis.
Regulation
Fla. Bill Increases State Pension Contributions
Proposed legislation calls for an additional $178.5 million a year.
Risk
Carillion Collapse Leaves Pensions’ Fate in Doubt
Construction company’s 28,000 pension members transferred to lifeboat.
Newsmakers
CalPERS: Ring’s Flippant Claim of ‘Tricky Accounting Gimmicks’ Is False
CalPERS responds to Ring’s column.