Risk
Many Employees Would Like More Retirement Help From Their Employers
People closer to retirement are more likely than before the COVID-19 pandemic to say they will retire beyond the age of 70, WTW survey finds.
Tag: Retirement
Newsmakers
Employees Are Still Confident in Their Retirement Plans
The pandemic doesn't seem to have dimmed hopes.
Manager Selection
PSP Investments’ President and CEO to Retire
Neil Cunningham will step down at the end of March 2023 after more than 19 years with the firm and five years at the helm.
New Hampshire Retirement System Director of Investments Announces Retirement
Larry Johansen has served at the fund in the role for over 12 years.
Regulation
DOL Warns Retirement Plans to Be Cautious About PE Investments
The Department of Labor is concerned fiduciaries will misinterpret its earlier June 2020 letter.
Asset Allocation
Non-Retirement Investing Among Women Surges
A Fidelity study also finds female investors outperformed men by 40 basis points over the past decade.
Asset Management Culture
LPL Financial CIO Burt White to Retire in 2022
He will step down in March after 15 years with the firm.
Pensions
Senators Reintroduce Bills to Bolster Retirement Savings
The four bipartisan bills are sponsored by Sens. Cory Booker and Todd Young.
Opinion
Pension Funds Should Report Performance on a Monthly Basis, Markov Says
An analysis of portfolios using a returns-based lens would help some funds improve transparency, the investment researcher advises.
What’s the Impact of Early Retirements on Plans?
More than a year into the pandemic, some pension funds are reporting a jump in workers leaving.
Corporate Moves
CalPERS Appoints Marlene Timberlake D’Adamo First DEI Officer
The former chief compliance officer at the $466 billion pension fund is moving into the newly permanent position.
How Effective Are Investment Consultants for Allocators?
The gap between consultants’ actual and claimed performances was remarkable, says one study, looking at UK-based firms with worldwide reach.
Corporate Moves
CalSTRS Appoints First Female CEO: Cassandra Lichnock
She will replace Jack Ehnes, the outgoing head of the pension system who postponed his retirement last year because of the pandemic.
Pensions
CalPERS Sues Former Employee for Allegedly Stealing Pension Money
More than $685,000 was stolen from 10 retirees, including a homeless person and beneficiaries under legal conservatorships, the fund said in its lawsuit.
Choosing Consultants: What Should You Measure?
Sizing up the people you’ll work with to expand your investment capabilities is no easy task.