Retirement Plans
Most U.K. employers support expansion of retirement plans to non-traditional workers and acknowledge the need for higher contributions.
John Carter was named president and chief operating officer-elect of the financial services businesses of Nationwide Mutual Insurance Co.
Alaska Retirement Management Board terminated 19 external money managers with portfolios totaling just less than $2.4 billion.
Christian Super, a Sydney-based super fund, acquires a "significant minority" stake in Zurich-based responsAbility Investments.
Australia's MTAA and Tasplan sign memorandum of understanding to explore a merger.
The former CEO of CDPQ's commercial real estate lending arm filed suit against the fund for alleged wrongful termination.
AbbVie Inc. plans to acquire Allergan PLC, which would create a combined company with about $13.8 billion in retirement plan assets.
United Technologies Corp. and Raytheon Co.'s retirement plan data reveal some potential challenges if those plans are combined.
Australia's for-profit retirement-savings plans will emerge stronger and more competitive after restructuring. But it will take time.