Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...
Add Yahoo as a preferred source to see more of our stories on Google. Ohio's five public pension funds collectively lost $32 billion in the 2022 investment market. Ohio's five public pensions systems ...
Investment losses last year eroded funding ratio gains achieved a year earlier by Chicago's pension system, casting a shadow over a healthy pickup of taxes on the city's audited financial results.
Mercer CFA Institute Global Pension Index released its annual report that looks at 44 global pension systems, which account for 65% of the world's population, and ranks them from the best to worst.
Read this if you're thinking about retiring and taking the lump-sum option Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five ...
Kentucky’s primary pension fund for state government employees saw slight gains in Fiscal Year 2022, with a funding level of 18.5 percent as of June 30 and unfunded actuarial accrued liabilities of ...
NEW YORK--(BUSINESS WIRE)--Today, Mercer and the CFA Institute released its 14 th annual Mercer CFA Institute Global Pension Index (MCGPI). Iceland’s retirement income system has once again topped the ...
WASHINGTON – President Joe Biden on Thursday announced a federal bailout for a pension fund largely benefiting Teamster workers and retirees, saying that cuts to those pension benefits that were ...
Legendary investor Warren Buffett says cryptocurrencies basically have no value and don’t produce anything. Yet 94% of U.S. state and local government pensions are gambling on cryptocurrencies.
Falling stock prices and rising food and energy prices during the first half of 2022 has been unkind to pensions. The public pension system could see its largest single-year decline in its funded ...
The Swiss Federal Pension Fund PUBLICA, Bern, posted a -9.6% net investment return in 2022 driven by negative returns of bonds and equities and adjusted its strategic asset allocation by reducing ...