Hints and tips:
...Plans to rectify a portion of Chicago’s gaping pension deficit were dealt a blow on Thursday when the Illinois Supreme Court ruled that the Chicago mayor’s plans to stabilise two key city pension deficits...
...The Illinois Supreme Court ruling against the city’s plans for the two pension funds forces the mayor to go back to the drawing board to find a way to reverse the deficits without reducing payouts....
...Mr Lopez, who joined from Watermark Investment Advisors, replaces Michael Walsh, who left in October to become the CIO of the Laborers’ Annuity and Benefit Fund of Chicago....
...China will allow foreign hedge funds to solicit funds for overseas investments....
...Allianz, Axa, BlackRock and Fidelity are among those arguing that technical standards proposed by the EU as part of reforms of hedge fund regulation will affect more traditional fund managers....
...The index industry, which has been known for producing steady, annuity-like revenues, has seen growth in recent years from the rise of emerging markets and growing investor interest in commodities and other...
...In a filing in the chancery court of Delaware, the two shareholders, Amalgamated Bank of New York and Central Laborers Pension Fund, an Illinois-based fund, claimed there was no reason to purchase Shine...
...Their clients include pension funds and endowments....
...Institutional Shareholder Services endorsed the proposal by the Central Laborers’ Pension Fund, Jacksonville, Illinois, which is likely to have more votes when the proposal is put before investors at Apple...
...The proposal to disclose detailed succession planning policy was put forward by the Central Laborers’ Pension Fund of Jacksonville, Illinois, before Mr Jobs’ abrupt departure on open-ended medical leave...
...*Financial education and annuities, by Jeffrey R Brown, University of Illinois and the National Bureau of Economic Research pauline.skypala@ft.com...
...Under the Schwarzenegger plan, any money generated by the lease would be paid into an annuity....
...McAfee, a software security maker, was sued on Monday in federal court in the Northern District of California by the Heavy & General Laborers’ Pension and Annuity Funds, alleging “constructive fraud” through...
...to allow individuals more flexibility on the timing of their annuities purchases....
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