Ahead of Asset Allocation Vote, CalPERS Bends Toward Simplicity
Allocation strategies changes could double investments in fixed-income or add significant risk to the overall investment strategy.
Tag: Pension
GPIF’s Mizuno Makes Bold AI, ESG Predictions
World’s largest pension fund CIO explains reasons for Sony Computer Science research partnership.
GPIF to Move to Performance-based Fees for Active Equities Managers
Change could be finalized by April.
Sweden to Raise Minimum Pension Age to 64 by 2026
Reforms will make it harder for companies to terminate pension-age employees.
Pirelli Secures Buy-in Agreement with PIC
Move to cover the total liabilities of three UK pension plans.
Brazil’s Temer Cancels Pension Meetings Due to Surgery
While administration is still optimistic for 2017 reform, cabinet considering 2018 delay.
Kroger Withdraws from Central States Pension Fund
Supermarket chain sets up new fund in labor deal with Teamsters.
Regulation
Brazilian Congress May Push Pension Reform to February
President Temer warns of negative economy if reform is not done swiftly.
Regulation
Kentucky Gov. Speculates Special Session in 2017
Worried about fiscal year budget shortfall.
CalPERS Reports 11.2% Return for Fiscal Year 2017
Portfolio gains led by public equities, which returned nearly 20%.
Funded Status for Pensions Rises in November
Reports from Northern Trust, Mercer show continued improvement.
Report: DC Plan Fiduciary Awareness Continues to Decline
Nearly half of plan sponsors do not consider themselves a fiduciary.
Newsmakers
13 China Pensions will Be Unable to Pay One Year’s Worth of Pensions
2050 pensioner-to-worker ratio will be 1:1.3, official says.
Royal Mail, Union Make Headway in Pension Talks
Company changes position on wage-in-retirement plan.
Research
Milliman: Top 100 Public Pension Plans Funded Status Improves by $36 Billion in Q3
Interest, new benefit accrual boosts total pension liability to almost $5 trillion.