Hints and tips:
...Garvey announced his retirement last week....
...Some members of EY’s global executive committee, which is due to choose Di Sibio’s successor this month, argued against Baldwin’s candidacy on the grounds that he is close to the retirement age of 60....
...“We always knew Project Everest would be a challenging journey,” the global executive committee wrote....
...In some ways my lunch with former US Supreme Court justice Stephen Breyer begins before I even set foot in his chambers....
...Sir Stephen Timms, Labour MP and work and pensions committee chair, said: “The improvement in scheme funding levels presents opportunities for both to benefit, but a new approach to regulation and governance...
...In a letter published this week, Stephen Timms, Labour chair of the committee, told Stride his committee was “particularly concerned” about the amendments, which he earlier had described as “last minute”...
...A reader suggested another bit of hard data: hardship withdrawals from 401k retirement accounts....
...The plight of those affected dismays Sir Stephen Timms, the Labour MP who chairs the UK House of Commons’ work and pensions committee. Timms supported the Investment Fraud APPG’s work on the issue....
...Another added: “We need to reinstitute the ban on senior management retirement extensions that clog up the pipeline and hinder the development of future leaders.”...
..., chair of the committee....
...Job moves Moelis has hired Stephen Trauber as chair and global head of energy and clean technology. He was previously at Citigroup....
...“The committee had previously asked EY to consider allowing retirees to participate in the proposed transaction based upon the value created by retirees when they were partners and principals in the firm...
...Di Sibio even won a two-year extension to his term as global chair and chief executive to get the deal done, despite reaching the firm’s mandatory retirement age of 60 last month....
...It is reminiscent of the Labour politicians who decided not to stand again in 2010, or the Conservative politicians who opted to enter voluntary retirement in 1997....
...At a Treasury select committee hearing in December, Rathi also warned that criminals were “making unfettered use of AI” to manipulate markets....
...Letter in response to this editorial comment: BoE’s response is not so out of line with the Fed / From Stephen Wright, Adderbury, Oxfordshire, UK...
...The Ontario Municipal Employees Retirement System, one of Canada’s largest pension funds, has named Michael Hill as global head of infrastructure....
...Sir Stephen Timms, chair of the committee, said: “The government is tinkering around the edges and relying on nudging people towards engaging with pensions rather than tackling the problem of under saving...
...Early retirement driving rise in non-working population | Retirement by people in their 50s and 60s has been the main reason behind an increase of more than half a million in the number of working-age adults...
...Details of the scale of asset disposals were revealed in a submission made to the work and pensions select committee by the partner of the head of Lloyds’ £52bn retirement scheme....
...and pensions committee....
...“The Committee has been contacted by scheme members who say they are concerned that the trustees have taken the decision to transfer the remaining surplus . . . to the employer,” wrote committee chair Stephen...
...“This is an exceptional year for asset allocation,” says Stephen Cohen, head of Europe, Middle East and Africa at BlackRock, the asset management group....
...president’s nominee expeditiously” through the committee....
...The “great retirement” of the Covid-19 pandemic has left 500,000 more people economically inactive than in 2019....
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