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......»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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 .....»»
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.....»»
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.....»»
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.....»»
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......»»
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......»»
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.....»»
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 .....»»
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......»»
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......»»