NEW JERSEY BUILDING LABORERS STATEWIDE BENEFIT FUNDS AND THE TRUSTEES THEREOF v. ORG. CONTRACTING | Search

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Pensions industry
UK pension trustees raise alarm on transferring risks offshore
...pay the pension benefits but without the underlying assets....
February 4, 2024
LetterOne Holdings SA
Firm founded by Russian oligarchs to buy London building for £100mn
...The firm has also agreed to back a £300mn deal to acquire a majority stake in a large property portfolio being sold by British Airways’ New Airways Pension Scheme, and bought a building in Birmingham for...
April 12, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Ian Smith
Nationwide deal shows UK mutuals are back on the front foot
...The group would use mutuality as a pitch to pension trustees, chief executive Barry O’Dwyer told me....
March 18, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
New Jersey earthquake shakes New York City and other parts of the northeast
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
April 5, 2024
Menswear
V-necks are back
...But now, a new generation are embracing V-necks as their own....
April 8, 2024
Cryptofinance
Building the new generation Premium content
...It’s mainly down to the price of bitcoin and the hype that US regulatory approval of exchange traded funds will usher in a new era of price appreciation....
February 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
ReviewPhotography
Photo City exhibition review — photography and the metropolis in conversation at V&A Dundee
...Photo City: How Images Shape the Urban World at the V&A Dundee is a terrific exploration of the exchanges between the ways cities have been photographed and of how those images have shaped the subsequent...
April 11, 2024
Exchange traded funds
Delays to OFR funds recognition scheme leave UK out in the cold
...“As a result, some investment managers have held off registering their new ETF ranges for sale in the UK pending the introduction of the overseas funds regime,” Carson said....
April 19, 2024
Architecture
Tropical Modernism at the V&A — the architects who built a postcolonial future
...to make way for Chandigarh and the leftover products from the building of the new city....
March 1, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
UK to ease access to surplus funds held by defined benefit pension plans
...Analysis from The Pensions Regulator suggests that more than 3,750 of the UK’s defined benefit-style retirement plans have assets in excess of their liabilities or are in surplus. Read more here...
February 23, 2024
Tefaf Maastricht 2024
Battle to keep sculpture in Britain highlights European museums’ struggles
...For now, Tristram Hunt remains confident that the V&A can raise the funds to keep the “Deposition” in Britain....
March 2, 2024
Paul Killik
Why buying company shares has gone out of fashion
...It has failed to protect the many rights that retail investors have lost, to the benefit of the investing institutions....
April 5, 2024
Travel & leisure industry
International hotel chains step up plans to expand in Europe
...Mark Hoplamazian, chief executive of US hospitality group Hyatt, said building new hotels had become harder due to “very tough” markets for raising capital, causing the company to turn instead to converting...
April 21, 2024
Banking & Savings
Latest savings rates
...Are you getting the best deal on your building society and bank savings? Check the latest interest rates on accounts from no-notice withdrawal accounts, to offshore and long-term savings....
April 19, 2024
Nationwide Building Society
Crosbie puts Nationwide’s reputation on the line with Virgin Money bet
...Virgin Money shares had fallen over the past two years before surging on the news of Nationwide’s bid....
March 24, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Food & Drink
Jersey Royal potato salad with kimchi and lime butter — a Ravinder Bhogal recipe
...A well-made potato salad, while humble, can be transcendent, and the appearance of Jersey Royals in April is a perfect excuse to make one....
March 27, 2024
Mergers & Acquisitions
Coventry Building Society agrees £780mn merger with Co-op Bank
...deal would mark the start of a new phase for the former subsidiary of the Co-op group after years of turmoil....
April 18, 2024
Pensions
Government defends access to UK pension surpluses
...The government is consulting on proposals to enable employers to use surplus funds built up in defined benefit plans. These schemes currently serve around 10mn members....
January 10, 2024
Undercover EconomistTim Harford
The surprising public health benefit of unemployment
...This benefit persists for at least a decade, and it is spread evenly across the age distribution although, in absolute terms, the elderly are most at risk of death and so enjoyed the largest benefit....
March 8, 2024
FT News Briefing podcast13 min listen
Prime money markets funds are in trouble
...Three more US regulators have opened probes into Morgan Stanley, managers are planning to shut or convert US prime money market funds ahead of new regulations, and the European Central Bank held interest...
April 12, 2024
Chess
Chess: Half a century on, Fischer v Spassky at Reykjavik still echoes
...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
March 11, 2024
Letter
Letter: Trustees can make the most of pension reforms
...brings significant potential benefits to the wider economy....
July 18, 2023
Due Diligence
The Chinese banks behind Thames Water Premium content
...The price looks like good news for Blackstone investors. The firm bought the building as part of a wider Milan portfolio in 2021....
April 5, 2024
Robert Menendez
US prosecutors allege senator Bob Menendez took bribes to help Qatar
...Tuesday’s updated indictment alleged that Menendez also agreed to help a New Jersey real estate developer, Fred Daibes, who was seeking a multimillion-dollar investment from a Qatari fund with close ties...
January 2, 2024
Due Diligence
A lifeline for Canary Wharf Premium content
...It has investments of about £1.5bn and is always on the hunt for a new moneymaking scheme. Enter Lee Robinson....
April 25, 2024

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