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Breakingviews TV: Pension plan

Brazil’s President Jair Bolsonaro proposes cutting $270 billion from retirement spending over a decade to fix the finances of Latin America’s biggest economy. Martin Langfield explains it’s a good start, even if Congress waters his proposal down......»»

Category: videoSource: reutersFeb 21st, 2019

CalSTRS promotes Cassandra Lichnock to be first female CEO

The California State Teachers' Retirement System has named Cassandra Lichnock as the new CEO of the $300 billion retirement fund. Lichnock will be the first female CEO of the pension plan, whose participants are 75% female, CalSTRS said. "Cassandra’s.....»»

Category: topSource: bizjournalsMay 20th, 2021

Unisys Dutch Pension Plan transferred to multi-employer fund

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 19th, 2021

Dow to freeze benefit accruals of U.S. pension plan, make $1 billion contribution to improve funded status

Dow Inc. disclosed Thursday that it plans to make a $1 billion voluntary contribution to its U.S. pension plan by the end of this month, as it looks to improve the funded status of its retirement programs. The mater.....»»

Category: topSource: marketwatchMar 4th, 2021

Canadian Pension Boss Quits After MidEast Trip For COVID Shot, Defying Govt Advice

Canadian Pension Boss Quits After MidEast Trip For COVID Shot, Defying Govt Advice The head of Canada Pension Plan Investment Board (CPPIB), Mark Machin, has resigned after travelling to the United Arab Emir.....»»

Category: personnelSource: nytFeb 26th, 2021

Why tax time may be the right time to think about retirement

Retirement is possibly the single most important goal for which to plan, save, and invest — and for good reason. Very few workers can expect a pension. And, people are living longer, and can expect increased health care and other costs as they age......»»

Category: topSource: bizjournalsFeb 15th, 2021

City"s pension woes continue despite plan

Cincinnati officials touted their 2015 plan to fully fund the pension system over three decades. But some believe the city soon will be back at the negotiating table......»»

Category: topSource: bizjournalsFeb 5th, 2021

Outside the Box: I don’t know if my 3-year-old daughter will go to college, so would saving through my retirement account be more flexible than starting a 529 plan?

I'm a teacher with a guaranteed pension and also have a 403(b) account......»»

Category: topSource: marketwatchJan 14th, 2021

Neiman Marcus On Verge Of Bankruptcy, May File This Week: Report

Ares Management Corp (NYSE: ARES)- and Canada Pension Plan Investment Board-owned retailer Neiman Marcus Group, could file for bankruptcy read more.....»»

Category: blogSource: benzingaApr 20th, 2020

Ontario Teachers" net assets at $207.4 billion at year-end 2019

Record investment income of $20.2 billion during the year TORONTO, March 31, 2020 /CNW/ - Ontario Teachers' Pension Plan Board (Ontari.....»»

Category: earningsSource: benzingaMar 31st, 2020

Waymo just announced a massive $2.25 billion funding round — the self-driving car company"s first-ever raise from outside investors

Waymo Waymo announced its first-ever outside funding round on Monday — $2.25 billion. The round was led by investors Silver Lake, Canada Pension Plan Investment Board, and Mubadala Investment Company, the comp.....»»

Category: topSource: businessinsiderMar 2nd, 2020

CalPERS official attacked over China investments, despite passive investment strategy

The California Public Employees’ Retirement System is pushing back against a congressman's call for an investigation or firing of the Sacramento-based pension plan's chief investment officer. Rep. Jim Banks, a Republican from Indiana, wrote an .....»»

Category: topSource: bizjournalsFeb 28th, 2020

New Gold announces $300M partnership with Ontario Teachers" Pension Plan

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 25th, 2020

OMERS reports 2019 results

2019 Highlights: Net return of 11.9% or $11.5 billion Funded status of 97% Net assets of $109 billion TORONTO, Feb. 24, 2020 (GLOBE NEWSWIRE) -- OMERS, the defined benefit pension plan for Ontario's municipal employees, reported a 2019 inv.....»»

Category: earningsSource: benzingaFeb 24th, 2020

Pattern Energy issues letter to stockholders on Canada Pension Plan transaction

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 19th, 2020

Dell to sell cybersecurity unit for $2.08 billion

Dell Technologies Inc said on Tuesday it would sell its cybersecurity unit RSA for $2.08 billion to a consortium led by Symphony Technology Group, Ontario Teachers' Pension Plan Board and AlpInvest Partners......»»

Category: topSource: reutersFeb 18th, 2020

No savings at 40? I"d forget cash savings and buy FTSE 100 stocks today

Having no retirement savings at age 40 doesn’t necessarily mean you’ll be reliant on the State Pension to fund your outgoings in older age. However, it does mean that starting to plan for retirement sooner rather than later could be a good idea......»»

Category: topSource: moneycentralFeb 15th, 2020

Graphic Packaging announces settlement of $900M in U.S. pension plan obligations

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 28th, 2020

McClatchy gets a month reprieve in restructuring negotiations

Newspaper publisher The McClatchy Co. said Wednesday it has negotiated for more time to work out a payment plan for a pension obligation payment that was due today. Under a standstill agreement, the Pension Benefit Guaranty Corp. has agreed to a .....»»

Category: topSource: bizjournalsJan 15th, 2020

Stocks hit record highs after House impeaches Trump

IAC announced plans to spin off Match Group, and Darden Restaurants took a bit hit for ending a pension plan......»»

Category: topSource: foxnewsDec 19th, 2019

Nasdaq, Dow Jones hit record highs after House impeaches Trump

IAC announced plans to spin off Match Group, and Darden Restaurants took a bit hit for ending a pension plan......»»

Category: topSource: foxnewsDec 19th, 2019