Data and Research | July 15th, 2024 Pensions Have ‘Critical’ Role in Strengthening Public Safety Workforce Defined benefit pensions help with the three Rs of workforce management: recruitment, retention and retirement, per the National Institute on...
Benefits | June 10th, 2024 States Lacking DB Plans Face a Challenge Retaining Workers Alaska and Rhode Island are examining options for public retirement plans, as not having pension plans has made it hard...
Deals and People | February 2nd, 2024 Retirement Industry People Moves Gallagher names new DB leader; Northwestern Mutual makes further moves in succession planning; National Institute for Public Employee Health Care...
Deals and People | January 23rd, 2024 Public Pension Communications Pros Recognized The National Conference on Public Employee Retirement Systems announced the inaugural Pension Communicator of the Year prizes for communications professionals.
Data and Research | December 7th, 2023 How Higher Interest Rates Are Changing Focus of Fully Funded Pension Funds Many corporate pension fund leaders are re-evaluating their liability-driven managers and allocations.
Benefits | November 29th, 2023 JP Morgan Retirement Plan Sued for Restoration of Future Pension Payments A pension participant in Florida is suing after his benefits were allegedly reduced.
Compliance | October 24th, 2023 NYC Pension Funds Argue ESG Lawsuit Hinges on ‘Legal Errors’ Parties continue to argue about the plaintiffs’ standing as three New York City public-employee pension funds seek to have the...
Data and Research | October 4th, 2023 Market Conditions Continue to Fuel Pension Risk Transfers The majority of plan sponsors with the goal of mitigating pension plan risks are looking to fully divest their company’s...
Compliance | August 21st, 2023 Former Director Sues Howard University Pension Plan The former director of academic information resources at Howard University has sued the higher education institution, employees’ pension plan and...
Deals and People | August 11th, 2023 Retirement Industry People Moves Principal names Goosay managing director of global fixed income; Voya Financial Promotes Thompson; RPAG appoints head of business development; and...
Compliance | June 12th, 2023 Plan Sponsors Prepare: Health Care Regs Going the Way of 401(k)s Health care regulation enacted in 2021 is coming to the fore, as deadlines loom and litigation appears to be ramping...
Data and Research | March 6th, 2023 PennSERS Drops 12% in 2022 The pension fund lost $6.5 billion in asset value over the last year, ending a three-year streak of double-digit gains.
Data and Research | February 17th, 2023 Worldwide Pension Assets Fell in 2022, to Lowest Level in 15 Years The decline for pension assets was the largest since the financial crisis of 2008, new data shows.
Data and Research | July 13th, 2022 Biggest Investor Worries Are Inflation and Recession Risk Investors put heavier weight on retirement income protection than financial professionals.
Compliance | March 4th, 2022 Understanding PRT: Administrative and Fiduciary Considerations One important distinction to make when considering a pension risk transfer is the difference between fiduciary and settlor functions.
Compliance | November 6th, 2020 J.C. Penney Pension Plan Taken Over by PBGC The company recently entered an asset purchase agreement designed to allow it to emerge from Chapter 11 bankruptcy, but the...
Compliance | June 18th, 2020 Guilty Plea Secured in $15M Retirement Plan Embezzlement Scheme A Texas couple has admitted to submitting more than 90 unauthorized distribution requests from some 20 retirement plans between 2014...
Data and Research | May 1st, 2019 Wells Fargo Suggests Various Approaches to Retirement Saving Because people are living longer, healthier lives, the Wells Fargo Investment Institute has suggested different ways that Millennials, Generation X...
Data and Research | December 4th, 2018 Many Retirees Outspend Planned Budget However, a survey finds retirees with a guaranteed income stream from a pension or annuity are able to spend more.
Data and Research | July 31st, 2018 Half of Retirement Savers Think They Are Behind Ninety-eight percent wish there was a way to make up for lost time, but 63% say they cannot take the...