News

Pension Insurance Deals to Be More Pricey

Pensions consultancy Lane Clark & Peacock predicts pension fund 'buyout' deals, where insurance companies takeover schemes' risk, are set to be about twice as popular this year as in 2009, but insurers may run out of capital.

Former CalPERS Official Villalobos Denies Fraud Accusations

Alfred R. Villalobos, a former CalPERS official accused of serving as a placement agent, denied fraud accusations in a statement yesterday, saying the attorney general's suit against him was filled with significant factual errors.

Opinion: UK Elections 2010: Candidates Await Their Fate

The Conservatives, headed by David Cameron, lead Labour in the seat count in the House of Commons, but exit polls suggested that Conservatives would fall short of the 326 seats needed to form a majority by about 20 votes.

California Sues Two Former CalPERS Heads

The state is suing California pension fund officials Federico Buenrostro Jr. and Alfred R. Villalobos for their role in an alleged scheme to obtain business for investment firms, providing pension officials with luxury trips and other gifts.