Pensions
Justice Department Ends Investigation of Pennsylvania PSERS
A 2020 accounting error had prompted the investigation that lasted for more than a year.
Tag: Investigation
Newsmakers
PSERS Internal Investigation Into Miscalculated Returns Released
Critical pieces of information still remain missing.
Newsmakers
PSERS Delays Turning Over Investigation Results
Board members were warned that the results of the report could be damaging to their reputations, according to the Philadelphia Inquirer.
Regulation
SEC Reportedly Subpoenas PSERS Over Alleged Compensation, Gifts
The regulator is also seeking information on a financial misstatement from 2020 that triggered a contribution increase.
Pensions
PSERS Recertification Triggers Contribution Increase
Thousands of Pennsylvania teachers will have to pay more in contributions starting in July.
Pensions
Pennsylvania PSERS Hires Law Firms to Probe Reporting Error
‘Misstatement’ in 2020 financial reporting could lead to increase in teachers’ pension contributions.
Newsmakers
Norway’s Sovereign Wealth Fund Hit by Scandal
Norges Bank investigates outgoing CEO’s flight on luxury jet paid for by incoming CEO before his hiring.
UK’s FCA to Investigate Private Pensions
Financial watchdog seeks comments on £40 billion non-workplace pension sector.