In the face of escalating fiscal problems around the country, governors are upping their rhetoric on pension reform in an effort to tackle heightened costs.
In an effort to realign its pension accounting, Verizon Communications plans to report a $600 million pension charge in its 2010 earnings, simplifying the view of its accounts for current investors.
A report from the Center on Budget and Policy Priorities has concluded that misunderstandings regarding state debt, pensions, and retiree health costs are exaggerated.
Both the $226.6 billion California Public Employees' Retirement System (CalPERS) and the $146.4 billion California State Teachers' Retirement System (CalSTRS) have achieved returns of more than 12% in 2010.
With a low interest rate environment expected to continue, a survey by Towers Watson expects there will be further delay before many Canadian defined benefit (DB) pension plans become fully funded.
The Pension Insurance Corporation (PIC) has offloaded millions of dollars worth in risks as it seeks to free up capital, positioning itself to better compete for new business in the UK.
A survey of public and private pension plans with $2.23 trillion in combined assets shows that a majority of pension executives are doubtful about the growth of securities lending revenue, as plan sponsors increasingly view securities lending as an investment product.
Findings from Coller Capital's latest semi-annual Global Private Equity Barometer survey of 120 limited partners (LPs) show heightened confidence among institutional investors as their private equity programs develop.
In a significant milestone, the largest US public pension is worth as much as when Lehman Brothers Holdings went bankrupt in 2008, Bloomberg is reporting.
In a Wall Street Journal op-ed, the President said he is announcing the launch of review of US regulations, removing outdated practices that hinder job creation.
In what parent company Allianz called a "natural part" of the bond fund manager’s push from bonds into stocks and other investments, the Pacific Investment Management Co. has planned to assume control over the selling of its mutual funds.
The China Investment Corp. has worked with $200 billion from the
central government, which granted the money when the sovereign wealth
fund was created in 2007; the second round of investment has been on the
radar for more than a year.