Celadon Financial’s Philanthropy Division Teams with American Red Cross, Global Impact for Hurricane Harvey Relief
Caritas Partners willing to donate 50% of equity, option trade, “step-out” transaction commissions.
News Archive: Aug - 2017
Seven-Year Streak of Falling Corporate DC Plan Fees Ends
NEPC report says fees didn’t decline for the first time since 2010.
Gov. Rauner Blocks “Double Dipping” Police Retirees With New Pension Bill
Various loopholes could neutralize objective.
Newsmakers
Chilean Candidate Proposes New Pension Plan
To reform the nation’s privatized plan, Beatriz Sanchez suggests new social security-style system.
Research
Florida State Pension Plan Returns 13.77%
Every asset class outperformed its benchmark, except private equity.
Multi-Employer Pensions Divided Between Haves, Have Nots
Reports take half-empty, half-full view of pension funding.
Research
Norway’s Sovereign Wealth Fund Returns 2.6% in Q2
Fund reports best half-year return in Norwegian kroner in its history.
Public Employees Overwhelmingly Choose Pensions Over 401(k)s
Survey also finds workers in defined contribution plans earn lower returns than those in defined benefit plans.
Research
Connecticut Unfunded Pension Liabilities Miscalculated, Report Says
Cause linked to unreported debt, unrealistic return expectations.
Newsmakers
Puerto Rico Produces New Pension Plan
Law approved without public hearings, retiree input.
Research
New Mexico State Investment Council Reveals FY 2018 Investment Plan
Hurdles include high valuations of risk assets, macroeconomic future.
NCR Announces 2017 Lump-Sum Pension Offer
Company to make voluntary offer available to 7,000 eligible participants.
Fidelity: UK Pensioners Face 46% Lower Income Than Before ’07 Crash
“Important not to abandon hope,” associate director says.
Newsmakers
RI Hospital Workers’ Pension Fund Placed in Receivership
Fund participants could see a 40% cut in benefits across the board.