Conservatives, DUP Agree to Keep Pension Triple Lock
Despite promises by the UK’s Conservative Party to eliminate it, there will be no change.
News Archive: Jun - 2017
TPR Settles Third Pension Case with Coats Group
Regulator has recovered a total of £329 million for nearly 31,000 Coats employees.
Newsmakers
UPS Freezes Defined Benefit Pension Plan
The company is shifting its employees to a 401(k)-style plan.
IMN: Reflections on Opportunities and Challenges
Speakers, attendees provide insight on current state and future of the real estate market.
Newsmakers
Euro Commission Set to Introduce Pan-EU Pension Product in 2019
EC unveils plans for a cross-border pension system in new proposals.
Newsmakers
NY Comptrollers, CalSTRS Retaliate Against Mylan Board
A recently filed form reveals the EpiPen company ignored majority shareowner votes again, and the response is ferocious.
State Pensions’ Struggles to Meet Obligations Mount
Latest data shows funding ratios drop below 70% since 2010, posting two consecutive years of 4% losses.
Market Moves
Will Saudi Arabia Be Next on MSCI Emerging Market Index?
Country placed on watch list based on the progress of its recent stock market reforms.
GlobalData: UK Pension Reforms Drive Savings
New report predicts UK market’s APE to reach £17.5 billion by 2021.
New Research Shows 2014 Unfunded Pension Liabilities Hit 150% Spike
Despite contribution increases, most plans experienced negative amortization over the past decade.
Newsmakers
Court Rejects $187 Million Pension Lawsuit Against Align Technology
Plaintiffs alleged the company misled investors regarding its 2011 Cadent acquisition.
Louisville Foundation Fires Chief Administrator Kathleen Smith
Smith’s lawyer says she’s a ‘fall girl,’ and calls the firing a ‘cowardly failure.’
IMN: Managing Market, Political Risks Heading Into The Ninth Inning Of Expansion
Liquidity concerns and the impact of tightening monetary policy are challenging investors, panelists say.
UK’s FCA Proposes Changes to Pension Transfer Advice
New rules focus on moving from defined benefit to defined contribution plans.
Research
European Hedge Funds Extend Outflows Into 2017
Political, economic, and regulatory concerns outweigh strong performance.