The acquisition of Rite Aid Corp. by Walgreens Boots Alliance Inc. could create a single company with a combined $20.5 billion in retirement assets.
October 28, 2015 | 11:43 am
The 100 largest CEO retirement accounts, worth a combined $4.9 billion, equal the total retirement account savings of 41% of American families, said a new report from the Center for Effective...
October 28, 2015 | 04:04 pm
U.S. corporate pension plans are reconsidering their hedging glidepaths in their liability-driven investing strategies in the face of new mortality assumptions, said a survey from NEPC.
October 28, 2015 | 02:59 pm
Further hikes in PBGC premiums will help pay for a federal budget bill agreed to by the White House and congressional leaders late Monday.
October 27, 2015 | 04:12 pm
Barnes Group announced Friday it has offered a lump sum to about 1,300 former employees who have yet to retire.
October 23, 2015 | 12:19 pm
The pension fund deficit at Tesco PLC, Cheshunt, England, increased 7.7% to £4.2 billion ($6.5 billion) over the six months ended Aug. 29, said a financial update from the company.
October 07, 2015 | 01:20 pm
Pension plan executives and other investors are watching several Supreme Court cases in the term starting Oct. 5, especially ones that could change the rules for bringing legal actions against...
October 05, 2015
J.C. Penney Co., Plano, Texas, announced Friday it is purchasing a group annuity contract from Prudential Insurance Co. of America to transfer some pension fund liabilities.
October 02, 2015 | 01:45 pm
Philips Electronics North America Corp., New York, is purchasing group annuity contracts from American United Life Insurance Co., Banner Life Insurance Co. and Prudential Life Insurance Co. of...
October 02, 2015 | 12:41 pm
The acquisition of The Williams Cos. Inc. by Energy Transfer Corp., an affiliate of Energy Transfer Equity LP, could create a single energy company with combined retirement assets of about $4.3...
September 29, 2015 | 02:02 pm
Steven Catchpole was named pensions investment director at Aviva Staff Pension Scheme.
September 29, 2015 | 03:12 pm
Mark Warren left Boeing Co. as director of private equity to join Wespath Investment Management, the investments division of the Glenview, Ill.-based $21 billion General Board of...
September 25, 2015 | 01:41 pm
Health-care systems face broader unfunded pension liabilities as they make long overdue updates to their assumptions for retiree longevity, and raise the level of assets they will need to account for ...
September 21, 2015 | 05:28 pm
Corporate pension plan sponsors are continuing to shed liabilities through lump-sum offers and group annuity purchases from insurers, leading some consultants to predict an eventful fourth quarter.
September 21, 2015
Heineken completed a £2.4 billion ($3.6 billion) longevity swap transaction with Friends Life, part of Aviva Group, to protect against the risk of retirees in its pension fund living longer...