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 | 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.
Compliance | September 22nd, 2023 Pension Plans of Kellogg, Kohler, FedEx Sued for Outdated Calculations A law firm has sued four defined pension plans over the last six weeks alleging fiduciaries violated ERISA and shortchanged...
Deals and People | September 18th, 2023 Voya Keeps Building Government Markets Team With Rehire A former strategic relationship manager at Voya has rejoined the New York City asset manager and recordkeeper.
Deals and People | September 5th, 2023 Principal, Mercer Hire New CIOs Principal Asset Management appointed a CIO and global head of equities and Mercer named a leader for its US outsourced...
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 | 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.’
Deals and People | August 1st, 2023 Northern Trust Promotes Bob Parise to Head of North America Institutional Unit Parise had been the asset manager’s practice lead for public retirement funds and Taft-Hartley DC plan business.
Deals and People | July 21st, 2023 Retirement Industry People Moves CalPERS names Teykaerts executive director; SageView hires Sarah Parker as plan consultant; SWBC Retirement brings on new investment adviser; and...
Data and Research | June 12th, 2023 Retirement Plan Access Deficit Could Cost Fed, States $1.3 Trillion The lack of access for private sector workers to a retirement savings plan is likely to cost the federal government...
Deals and People | June 12th, 2023 Retirement Industry People Moves Mercer names Somers as investment director; new chief commercial officer at Alight Inc.; Voya selects leader for Midwest wealth solutions...
Data and Research | June 9th, 2023 US Public Pensions ‘Convinced’ Inflation is on Path to Moderation Following nine successive Federal Reserve interest rate hikes and inflation hitting a peak of 9.1% in June 2022, U.S. public...
Deals and People | May 24th, 2023 Cambridge Associates Names New President, Head of Investing Samantha Davidson will arrive from Mercer to take the reins in July, as Noel O’Neill moves into a new investment...
Data and Research | May 23rd, 2023 Finance, Health Care Workers Are Top Retirement Contributors Workers employed in finance and health care industries were responsible for contributing the bulk of defined contribution retirement plan assets...
Benefits | May 1st, 2023 USI Consulting Brings on DB Pension Exit Experts The retirement consultancy brings on actuarial expertise with acquisition of Hooker & Holcombe.
Investing | April 11th, 2023 Increased Pension Fund Liabilities Overrode Investment Returns in March According to most analysts, the fall in discount rates raised liabilities by more than the growth in equities, leading to...
Data and Research | March 27th, 2023 What Will Retirement Plan Access, and Employer Benefits Look Like in 2026? Industry experts polled for Transamerica research expect a wide range of financial well-being benefits will be common by 2026.
Investing | March 13th, 2023 Lower Liabilities Somewhat Offset by Equity Volatility in February Overall, U.S. corporate pension funding levels experienced a slight increase last month.
Data and Research | March 7th, 2023 Employers Should Offer Variety of Retirement Income Options, Survey Shows A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income...