Hints and tips:
Related Special Reports
...Because of our collaboration, our institutes will gain a better understanding of AI systems, conduct more robust evaluations, and issue more rigorous guidance.”...
...One example is the $137bn New York State Teachers’ Retirement System, which sold 34 private equity holdings with $3.5bn in total commitments on the secondary market at the end of last year....
...By 2035, the system will be . . . insecure and not fit for purpose.”...
...SACRAMENTO, Calif. — The California Public Employees’ Retirement System has selected Stephen Gilmore, a senior investment leader with extensive experience in public and private financial institutions and...
...The California Public Employees’ Retirement System has named a former top executive at the New Zealand sovereign wealth fund to direct the largest US public pension plan’s investments following the abrupt...
...“All I’m trying to say is the system needs to be changed.” Boeing did not immediately have a response to his comments at Wednesday’s hearing....
...This results in lower returns relative to public equity....
...The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement...
...The portfolio shake-up, which was confirmed after a scheduled asset allocation review, will bring the California-based plan into line with other big retirement systems in the US, including Calstrs, which...
...Historically, such credentials have been lacking and inflation has made a nonsense of safety....
...The growing reliance on illiquid assets has also introduced new challenges in terms of cash flow for defined benefit style funds, such as Calstrs and others public retirement systems, which must pay regular...
...She said that “focusing the pension system on value rather than cost alone will be hugely beneficial for savers.”...
...Whether assessing safety, performance or efficiency, the groups tasked with stress-testing AI systems are rushing to keep up with the state of the art....
...At the time, this was greater than the official estimate of the entire private sector pension system’s asset base. It was greater even than the stock of outstanding public debt....
...PensionBee, a pension consolidator, was one of the few pension providers to express public support for a system shake-up....
...In a statement announcing the charges on Thursday, the ONR said there was “no suggestion public safety has been compromised”....
...This year, he focused on his concerns about global retirement safety against the backdrop of rising life expectancies and inadequate savings....
...So today we are publishing proposals for a solution to this problem which would be simple and popular with the public....
...The California Public Employees’ Retirement System has named a new chief investment officer to replace the former CIO, who in 2023 left the job after less than two years....
...The present value of pension entitlements under current social insurance systems are in the same ballpark. Challenges facing aging societies are manifold....
...The 37 partners have agreed to accelerate their retirement as part of the latest overhaul. PwC’s staff were told of the cuts during a call on Wednesday morning....
...The chancellor said he would modernise the rules by replacing the “non-dom” system, replacing the concept of domicile in tax with a residence-based system....
...TSMC said on Wednesday it had evacuated personnel from some of its plants. “TSMC’s safety systems are operating normally,” the company said. “We are currently confirming the details of the impact.”...
...Ailman, who has served as CIO of the California State Teachers’ Retirement System since 2000, announced his retirement at a board investment committee meeting on Thursday....
...The government is also seeking to raise the minimum guaranteed pension paid out to poorer people, and replace the deeply unpopular private pension administrators with a public administrator....
International Edition