Online News

Viewing stories published on October, 20, 2017. Click here to view latest.

Multiemployer plans healthiest since 2008, Milliman finds

Pension Funds -

Pension Funds -

Multiemployer pension plans are the healthiest they have been since 2008, a new study finds.
New PLSA chairman pledges more openness regarding policy proposals

RETIREMENT PLANS -

RETIREMENT PLANS -

Incoming PLSA Chairman Richard Butcher pledged that he would be open with the industry and road-test policy proposals.

Pension Funds -

Pension Funds -

Eric Stern was named CEO of the Sacramento County (Calif.) Employees' Retirement System.

Money Management -

Money Management -

Brian Forth was named manager of marketing and business development at SKBA Capital Management.
Gaps remain in preparation for MiFID II, money managers acknowledge

Money Management -

Money Management -

Gaps remain in money managers' preparation for Markets in Financial Instruments Directive II, with just over two months to go before the Jan. 3 effective date.

Money Management -

Money Management -

Cary Ho was named managing director and global head of collateralized loan obligation origination at CVC Credit Partners.
Smiths Industries does buy-in to insure £207 million of pension liabilities

Pension Funds -

Pension Funds -

Smiths Industries Pension Scheme insured £207 million ($275 million) in liabilities with Canada Life.
Credit for multiemployer plans could cost $7 billion, report says

PENSION FUNDS -

PENSION FUNDS -

Proposals to offer credit assistance to struggling multiemployer pension plans could cost taxpayers $7 billion, but allowing them to collapse would cause even bigger fiscal and economic problems,...
Ohio PERS proposes reducing retirees' COLAs

Pension Funds -

Pension Funds -

Ohio Public Employees Retirement System proposed reductions to future cost-of-living adjustments for current and future retirees.
Private retirement assets in OECD countries total $38.1 trillion in 2016

Retirement Plans -

Retirement Plans -

Private retirement assets hit $38.1 trillion across OECD countries in 2016.
New mortality scale could lead to dip in pension obligations

Pension Funds -

Pension Funds -

Pension plan obligations could see a slight decrease under the new mortality scale.
Apex acquires Deutsche fund servicing unit

Asset Servicing -

Asset Servicing -

Apex Fund Services on Thursday announced it acquired Deutsche Bank Alternative Fund Services.