Elections

Pace of pension reform ebbs after 49 states change laws

Pace of pension reform ebbs after 49 states change laws

As the flood of reform efforts aimed at public pension funds becomes a trickle, the main concern is whether the newfound fiscal discipline will hold.

April 14, 2014
Tulane's Peter Ricchiuti discusses America's new golden age

Tulane's Peter Ricchiuti discusses America's new golden age

Tulane University economics professor Peter Ricchiuti speaking at P&I's Defined Contribution East 2014 conference talks about the economic recovery.

March 17, 2014 | 12:01 am
Argentina loses bid for full-court rehearing of bond appeal

Argentina loses bid for full-court rehearing of bond appeal

Argentina lost its bid for a rehearing of a federal appeals court ruling against it in litigation over $1.5 billion in the nation's defaulted bonds.

November 19, 2013 | 01:15 pm
Cincinnati voters soundly reject pension measure

Cincinnati voters soundly reject pension measure

Cincinnati voters rejected a ballot initiative Tuesday that would have created an amendment to the city's charter changing certain retirement benefits of the Cincinnati Retirement System.

November 06, 2013 | 02:05 pm
Cincinnati voters consider confusing pension measure

Cincinnati voters consider confusing pension measure

A ballot initiative in Cincinnati's citywide elections on Tuesday proposes an amendment to the city's charter that could create a new defined contribution plan as well as require the Cincinnati...

November 05, 2013 | 03:36 pm
Stringer, Burnett compete for NYC comptroller post

Stringer, Burnett compete for NYC comptroller post

The race for New York City comptroller, a job that includes managing the $145 billion New York City Retirement Systems, is a study in contrasts as well as similarities between Republican John Burnett ...

November 05, 2013 | 09:21 am
 L.A. pension reform referendum fails to make ballot

L.A. pension reform referendum fails to make ballot

An effort to hold a referendum on replacing Los Angeles' three city pension plans with a defined contribution plan for new employees, proposed by former Mayor Richard Riordan, was temporarily put on...

November 26, 2012 | 06:09 pm
Retirement savings tax incentives in danger post election

Retirement savings tax incentives in danger post election

The odds of reduced tax incentives for retirement savings and further regulatory action on retirement issues increased significantly with the Nov. 6 federal election results.

November 12, 2012
Second terms not as kind to equity markets

Second terms not as kind to equity markets

The first four years of President Barack Obama's administration were very bullish for the stock market. The S&P 500 rose 66% from January 2009 through October 2012, using monthly averages of daily...

November 09, 2012 | 10:10 am
Dow drops below 13,000 as attention shifts to fiscal cliff, European debt crises

Dow drops below 13,000 as attention shifts to fiscal cliff, European debt crises

U.S. stocks plunged Wednesday, with the Dow Jones industrial average closing below the 13,000 mark for the first time since Aug. 2, as investor focus turned to the budget debate and Europe's debt...

November 07, 2012 | 04:16 pm

Incumbents, amendments generally get nod in pension-related races

Incumbent candidates and parties largely won state and local elections that could potentially have the greatest impact on pension plans and reform, while most pension-related constitutional...

November 07, 2012 | 03:56 pm
Stocks swoon as attention turns to fiscal cliff, European debt crises

Stocks swoon as attention turns to fiscal cliff, European debt crises

U.S. stocks fell Wednesday as investors’ focus returned to the U.S. tax debate and Europe’s debt crisis following the re-election of President Barack Obama.

November 07, 2012 | 11:05 am
Tax increases could put pressure on dividend stocks

Tax increases could put pressure on dividend stocks

Bill Gross has suggested investors buy municipal bonds and sell high-dividend-paying stocks. Such stocks might be at risk now that the likelihood of the 2001-2003 tax cuts expiring has increased,...

November 07, 2012 | 10:28 am

Early Election Day winner: U.S. markets

U.S. stocks rose on Tuesday as Americans went to the polls to pick a president.

November 06, 2012 | 04:21 pm
U.S. equity performance generally split on Election Day

U.S. equity performance generally split on Election Day

During the seven presidential election days the stock market has been open starting in 1984, U.S. equities have risen on four occasions and fallen on three days. The small sample size reveals the...

November 06, 2012 | 11:39 am