The continuing rise in PBGC premiums and the eventual incorporation of new mortality tables into lump-sum calculation regulations in 2017 make these offers attractive for 2015 and likely 2016.
September 09, 2015 | 10:16 am
China fell back on its major levers to stem the biggest stock market rout since 1996 and a deepening slowdown, cutting interest rates for the fifth time since November and lowering the amount of cash ...
August 25, 2015 | 11:00 am
The Federal Open Market Committee's decision to keep the federal funds rate at zero to 0.25% at its July 28-29 meeting was based on its view that despite further progress, economic conditions...
August 19, 2015 | 03:50 pm
Money managers’ outlook on the global economy is weakening amid continued concerns over a Chinese recession, said Bank of America Merrill Lynch’s monthly fund manager survey.
August 18, 2015 | 03:47 pm
Large public defined benefit pension plans in the U.S. saw only small investment gains during the year ended June 30, snapping a two-year streak of double-digit returns.
August 10, 2015
The outcome of “Super Thursday” — the day the Bank of England releases a bumper set of data on the U.K. economy and its outlook — has money managers more convinced than ever...
August 06, 2015 | 02:47 pm
The funded status of the 100 largest U.S. corporate defined benefit plans fell 70 basis points to 84.8% at the end of July, the Milliman 100 Pension Funding index showed Thursday.
August 06, 2015 | 03:29 pm
August 03, 2015 | 03:02 pm
Members of the Federal Open Market Committee decided to keep the federal funds rate at zero to 0.25%, they announced Wednesday at the end of a two-day meeting in Washington.
July 29, 2015 | 03:52 pm
Despite an improvement in GDP growth in the U.K. for the three months ended June 30, a skittish set of data over the past few quarters and low inflation means money management executives still...
July 28, 2015 | 02:09 pm
The most significant money market fund reforms — floating net asset values, liquidity fees and gates — take effect in October 2016 and a pocket of the fixed-income exchange-traded fund...
July 27, 2015
Marc Faber railed against central bank intervention around the globe and said he likes cash now because it “gives you flexibility to buy assets” when bubbles pop.
July 23, 2015 | 04:02 pm
Money managers anticipate higher interest rates, as well as rising market volatility over the next six months, said Northern Trust's latest quarterly money manager survey.
July 21, 2015 | 03:27 pm
There is widespread concern about the slow growth in non-farm business productivity. Over the past 20 quarters (five years) since Q1 2010, it is up only 0.5% on average during each of the Q1-to-Q1...
July 20, 2015 | 11:50 am
The Federal Reserve “will probably raise interest rates sometime this year,” Federal Reserve Chairwoman Janet Yellen told a House panel Wednesday.