Canada, Europe Lead List of Most Responsible Asset Allocators
Six of the 25 most responsible asset allocators were based in Canada, while only two came from the US.
News Archive: Oct - 2017
NEPC: Overfunded DB Plans Rise 10%
Survey finds 19% of defined benefit plans have a funded status higher than 101%.
Conning: Expenditures Continue to Pressure State Budgets
Fourth-quarter ‘State of the States’ report sees “no improvement” in state pension plan funding.
Newsmakers
University of Michigan Endowment Returns 13.8%
Long-term portfolio assets rise to $10.9 billion from $9.7 billion.
Newsmakers
Alaska Pension Withdraws Benefits Suspension Application
The Alaska Ironworkers Pension Plan says it will reapply before the end of the year.
Newsmakers
TCRS Sees 11.4% Returns in Fiscal 2017
Pensions, state budgets “are as vulnerable as they have ever been,” PEW Retirement Officer says.
IRS Raises Pension Contribution Limits
Changes include increased contribution limits for 401(k), 403(b), and most 457 plans.
Newsmakers
Administrator Takes Over Sears Canada Pension Plan
Ontario Superintendent of Financial Services appoints Morneau Shepell to oversee pension.
In Depth: Growth in Virtual-Only Meetings a Concern for Institutional Investors
Although companies cite the cost savings, shareholder advocates see virtual meetings more as a means to better control the agenda at annual meetings.
Pension Assets Hit Record $38 Trillion Worldwide
Report says nearly all losses from the 2008 financial crisis have been recouped.
Treasury Aims to Promote Capital Markets by Reducing Restrictions
While the proposals intend to make it less onerous for public companies, market participants have concern about the impact of reduced disclosures for investors.
Society of Actuaries Releases Annual Mortality Improvement Scale
Slight decline in life expectancies may slightly lower pension plan obligations.
Newsmakers
Germany to Free Up €1.3 Billion in 2018 Pension Contribution Cuts
Once the updated tax revenue is published, reduction can be formally agreed to on November 22.
Newsmakers
IPERS Reveals New Search Process to Find Alpha
The $31 billion fund sheds light on its new three-phase search for investment management firms.
Newsmakers
Dutch Pensions Adapt Blockchain Tech for Fund Administration
APG and PGGM aim to use the cryptocurrency technology to lower costs and improve services.