Hints and tips:
...The company said Lavine, a large donor to the Democratic party and the former chair of Columbia University’s board of trustees, “believes the time is right to take on a new role” and step back from day-to-day...
...Employers’ access to billions of pounds of surpluses in UK company pension funds would be eased under proposals set out by the government on Friday....
...This week, an ill-judged statement from its board of trustees has put that hard-won reputation at risk — not least among SBTi’s own staff....
...administered by trustees and backstopped by a sponsor company....
...Before his death in 2010, McQueen regularly supported creatives and arranged to fund scholarships at Central Saint Martins and The Slade....
...Today, the interests of the 10.1mn members of private sector DB schemes are overseen by about 5,200 boards of trustees, their advisers and their managers....
...On Saturday evening, she resigned under pressure during an emergency meeting of Penn’s board of trustees....
...a year from events) to criminal justice reform (Agnes Gund’s Art for Justice fund has awarded $125mn to address wrongful incarceration) and raising funds for the Metropolitan Museum of Art’s Costume Institute...
...Mike Weston, chief executive of LGPS Central, which manages the pooled assets of eight Midlands-based funds, says pooling has resulted in cost savings, but it is clear that the government wants to move “...
...They advise trustees — whose competence the watchdog has questioned — where to allocate funds, and which asset manager to pick....
...“If you were going to buy an annuity, while the value of your pot will have decreased, rising interest rates means annuity rates have improved [by more than 35 per cent in the past year],” said Sir Steve...
...And that was a primary cause of the sell off and led to an increase in risk premia across the board.”...
...Decisions about possible disbursements would have to be made by consensus, via a board of trustees comprised of one representative of the US government, one representative of the Swiss government and two...
...of the Financial Stability Board, a global committee of regulators and central bankers....
...Similar criticisms have been made for years about the amateurishness of some pension fund trustees, yet little has been done to professionalise a system that governs the retirement prospects of millions....
...Second, by going slow in their assault on inflation the central banks have further undermined the real value of already low annuity incomes....
...board and their family.”...
...ExecutiveNorthern Ireland Local Government Officers’ Superannuation Committee Mike HamptonChairRAC Pension Trustees Adam MatthewsChief Responsible Investment OfficerChurch of England Pension Board John...
...One would be to do more deals in the fast-growing bulk annuity market, where insurers take on the assets and liabilities of a group pension fund....
...So, in a CDC, the trustees, whose sole responsibility would be to manage the fund in the interests of members, would have to adjust promises from time to time in light of experience....
...Minouche Shafik, a deputy chair of the British Museum board of trustees, led the seven-person appointments committee....
...Other boards have faced similar dilemmas. More than a dozen trustees in total have told the Financial Times of their deep disquiet....
...The Massachusetts Laborers Annuity Fund, a Cigna shareholder, seized on the Chancery ruling on the termination fee....
...“Meanwhile, they have not been given any guarantee that their autonomy will be preserved, that they will have a say in the management of the university, or in the composition of the boards of trustees.”...
...The key issue is the refusal of bulk annuity providers to put up collateral....
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