Risk
Sears to Contribute $407 Million to Pension Plans
Retailer will use proceeds from two loans to provide funding.
News Archive: Mar - 2018
UK Pension Funded Levels Fall in February
Deficits rise over the month, but are down sharply from a year ago.
Appeals Court Remands Successor Liability Case
Ruling finds in favor of pension seeking recovery from firm that bought its predecessor.
UK Proposes Increasing Pension Watchdog’s Powers
Government white paper suggests giving The Pensions Regulator (TPR) the ability to levy ‘punitive fines.’
BT Reaches Deal with CWU to Close DB Scheme
Union to vote on proposals in the coming weeks.
CDPQ to Expand In-House Private Equity Team
Pension aiming to cut outside PE costs, boost Singapore office.
Wilshire: Ups and Downs for Domestic Large, Small Cap Stocks in 2017
High-yield managers continue 10-year index struggle.
Asset Allocation
Mass. Bill Calls for Firearms Divestment
Proposed legislation would require state pension to dump firms that sell firearms and ammunition.
Regulation
Federal Judge ‘DROPs’ Police and Firefighter Pension System Lawsuit
Board froze DROP program due to insolvency woes.
Newsmakers
Wisconsin Public Employee Pensions to Rise at Least 2.4%
Dividend payments are a result of a 16.2% return for the state’s core fund.
Don’t Get Too Excited over Lower Life Expectancies
Report says actuaries shouldn’t reverse mortality expectations despite recent data.
Asset Allocation
UC’s Bachher Indicates De-risking of Commodities Portfolio in Near Term
CIO also made it clear there will be no new investments in oil and gas-related commodity funds.
Regulation
Grim Fate Looms Over Kentucky Pension Reform
Stivers pessimistic as 10 days remain in regular session.
Manager Selection
Australia’s CBUS to Bulk Up Infrastructure Division
Move follows growing in-house management trend.
Crest Healthcare Admits Shirking Pension Requirements
Firm and managing director plead guilty to misleading The Pensions Regulator.