Newsmakers
NJ Treasurer to Raise, then Lower, Assumed Rate of Return
Move to help reduce costs for state, local governments.
News Archive: Mar - 2018
Alternatives
CPPIB Enters Merger with Brazilian Wind Farm
Merger sees both entities holding all shares capital, allows for use of the put option.
UK Pensions Funded Level Accelerates in February
Total deficit for private sector DB plans shrinks 41% over the past year.
Reducing Personal Risk for ERISA CIOs
CIOs are personally liable for breaches, but there are steps to create more safety.
Swedish Pension Fund AP6 Returns 12.3% in 2017
Annual return nearly doubles earnings from previous year.
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
Newsmakers
Substitute Kentucky Pension Bill to Be Introduced
Attorney General reveals letter citing 21 legal violations with bill hours before meeting.
UK Pensions Could Benefit from Black Box Thinking
Report says DB plans should take best practices cues from aviation industry.
Risk
Norway’s Pension Fund Earns Record $130 Billion in 2017
The world’s largest pension fund now owns 1.4% of all shares worldwide.
UCU, UUK to Move Pension Talks to Acas
New proposals pitched in Tuesday meeting.
Court Orders Chappell to Pay £87,000 for Stonewalling TPR
Judge said the former BHS owner showed ‘complete lack of remorse.’