Compliance | July 3rd, 2024 Lawsuit Against NYC Pension Funds’ Divestment in Fossil Fuels Dismissed A New York State judge dismissed the complaint due to lack of standing and failure to demonstrate injury.
Deals and People | June 11th, 2024 Mercer Reaches Deal to Buy UK Retirement Plan Consultant Mercer parent Marsh McLennan acquires Cardano to expand retirement business across the Atlantic.
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...
Investing | May 14th, 2024 Record US Corporate Pension Funding Levels Largely Held Up in April Drop in asset values was partly offset by another uptick in discount rates.
Benefits | December 13th, 2023 November Yields Mixed Results for Corporate Pension Funded Status According to Wilshire, November saw the largest monthly increase in liability value since it began tracking corporate pension funded status...
Benefits | November 13th, 2023 Higher Bond Yields Mean Higher Corporate Pension Funding Levels Some pension funding models reached their highest points in decades.
Benefits | October 26th, 2023 Despite Savings Shortfall for Public Sector Workers, Automatic Options Yet to Catch On Research from the MissionSquare Research Institute shows that with defined benefit pensions not providing enough for full retirement, plan design...
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 | September 29th, 2023 DC Capital Invested in Private Real Estate Is Growing Defined contribution capital invested in private real estate and the number of daily valued products available has increased, new data...
Compliance | September 28th, 2023 Plaintiffs File Dueling Motion in NYC Pension Funds ESG Lawsuit Plaintiffs seek to add former U.S. Labor Secretary Eugene Scalia to their legal team.
Data and Research | September 8th, 2023 Public Pension Plans Demonstrate Strong Support for ESG Resolutions In the 2022 proxy season, state and local pension funds showed stronger support for ESG considerations than sustainable funds and...
Deals and People | August 18th, 2023 Retirement Industry People Moves Newly formed Collective Retirement Solutions taps Bill Higgins as MD; Ocorian promotes French to head of financial crime; Voya’s Penland...
Investing | August 14th, 2023 July Marks 4th Consecutive Month of Pension Funded Status Increases Because of a strong equity performance and a dip in liabilities in July, pension funded statuses increased once again, analyst...
Compliance | August 10th, 2023 NYC Pensions Seek Dismissal of ESG Lawsuit Attorneys for the funds argue in their motion that the complaint is ‘wasting the court’s time.’
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 | July 5th, 2022 ESG Integral to Defined Benefit Plans According to a new Morningstar survey, institutional asset owners are in broad agreement that environmental, social and governance factors do...