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Viewing stories published on October, 24, 2017. Click here to view latest.

United Technologies makes $1.9 billion discretionary contribution to U.S. DB plan

Pension Funds

Pension Funds

United Technologies Corp. made a discretionary contribution of $1.9 billion to its U.S. pension plan during the third quarter.
Commentary: Going over waterfalls in a better barrel

INDUSTRY VOICES

INDUSTRY VOICES

The waterfalls debate among private equity players has always been presented as a choice between two opposing styles. It doesn't have to be.
New York Times transfers $225 million in liabilities in pension buyout

Pension Funds

Pension Funds

New York Times Co. will purchase group annuity contracts from Massachusetts Mutual Life to transfer a total of $225 million in pension liabilities.

CONSULTANTS

CONSULTANTS

Amy Heyel was named retirement plan consultant at AndCo Consulting.
Number of companies setting carbon emissions reduction targets grows, report finds

ESG

ESG

A growing number of the highest greenhouse gas emitting companies have set carbon emissions reduction targets for this year and beyond.
Charlesbank closes ninth fund at $2.75 billion

Private Equity

Private Equity

Charlesbank Capital Partners closed the Charlesbank Equity Fund IX, reaching its $2.75 billion hard cap.

Money Management

Money Management

Dan Morris was named global head of portfolio solutions within the multiasset solutions team at Wells Fargo Asset Management.
Higher retirement plan contributions needed, conference speakers say

DEFINED CONTRIBUTION

DEFINED CONTRIBUTION

Plan executives and regulators must engage more with participants to encourage increased employee contributions, conference panelists say.
Abigail Johnson makes rare speech as Fidelity deals with harassment

Money Management

Money Management

Abigail Johnson on Tuesday counseled money managers about charting their future in the digital world and addressed the treatment of women in finance.
SEC nominees commit to revisiting regulations, holding executives accountable

Washington

Washington

Senate Banking Committee chairman expects both SEC commissioner nominees to have full Senate support in the coming weeks.
U.S. corporate plans report stronger funding levels, more derisking in store

Pension Funds

Pension Funds

U.S. corporate defined benefit plans have seen improved funding ratios and more plans intend to explore further derisking strategies.
Use of auto enrollment leaps, survey finds

Defined Contribution

Defined Contribution

Auto enrollment surged in popularity among DC plan sponsors, a new survey finds.