TRUSTEES OF THE NATIONAL ELEVATOR INDUSTRY PENSION, HEALTH BENEFIT, EDUCATIONAL FUNDS, ELEVATOR CONSTRUCTORS ANNUITY AND 401 (K) RETIREMENT PLAN v. CENTURY ELEVATOR INC. OF MARYLAND | Search

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US economy
More US retirement savers feel ‘off track’, BlackRock survey shows
...That raises concerns they will lose faith in the long-term value of 401(k) and other retirement savings plans and reduce contributions....
July 25, 2023
UK politics
Energy security department to move civil servants to North Sea oil hub
...The plans are due to be unveiled next week by deputy prime minister Oliver Dowden as part of a wider announcement on civil service decentralisation, according to people familiar with the plan....
December 9, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FT Alphaville
FTAV’s further reading
...(Aeon) — Biggest Tory donor said looking at Diane Abbott makes you ‘want to hate all black women’ (The Guardian) — More Americans are using their 401(k)s like cash machines (Wall Street Journal) — The...
March 12, 2024
BlackRock Inc
Larry Fink warns retirement crisis looms for ageing world population
...More than half of BlackRock’s $10tn in assets under management are retirement savings, including institutional pension funds, corporate defined contribution plans known as 401(k)s and individual accounts...
March 26, 2024
ETF HubLatest news on ETFs
SEC ‘caution’ extends Vanguard’s ETF share class monopoly
...It means that managers can continue to offer mutual funds to users of retirement schemes such as 401(k) plans, which give equal tax status to ETFs and mutual funds....
March 7, 2024
Exchange traded funds
Investors poured $4tn into US ETFs over past decade
...Many recordkeepers still do not offer ETFs in 401(k) accounts because of operational issues. But it is not just ETFs that are taking money from mutual funds....
February 27, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Leo Lewis
Are we at peak K-pop? Goldman doesn’t think so
...against the plan....
April 4, 2024
Russia
How Ukraine war distracted Moscow from Isis-K threat
...Reports in Russia suggested that the four main assailants detained by the FSB on Saturday were all from Tajikistan, a central Asian country whose citizens make up a large proportion of the members of Isis-K...
March 24, 2024
The Big Read
The mutual fund at 100: is it becoming obsolete?
...Instead, employers offered to match their workers’ contributions to a slate of mutual funds inside a tax-advantaged retirement plan, usually known as a 401(k) after the relevant section of the tax code....
March 21, 2024
InterviewTheatre
Minority Report and the rise of sci-fi on stage
...“The future is just so much more interesting than the past, don’t you think?” The question comes partway through Steven Spielberg’s 2002 film adaptation of Philip K Dick’s novella The Minority Report....
February 13, 2024
News in-depthTerrorism
How the Taliban’s return made Afghanistan a hub for global jihadis
...Isis-K to be the “most aggressive” of all Isis affiliates....
March 27, 2024
War in Ukraine
Poland arrests man suspected of aiding Russia in plot to kill Volodymyr Zelenskyy
...Polish prosecutors identified the suspect as Paweł K and said he had “expressed willingness to act on behalf of the Russian military intelligence and established contacts with citizens of the Russian Federation...
April 18, 2024
Sovereign wealth funds
Indonesia’s sovereign wealth fund eyes green energy transition in $1bn investment plan
...investors, including sovereign wealth funds, pension funds and central banks....
April 21, 2024
InterviewHybe
The music label behind BTS is trying to recreate the K-pop ‘production system’ in US
...“We hope that Katseye will succeed in the US and prove that the K-pop’s success formula of developing and training high-quality artists works regardless of regions and nationalities.”...
December 24, 2023
Lex PopuliPersonal Finance
Stock splits: slicing the burrito
...But the A class shares trade at $634,030 — meaning a single share is worth four times as much as the average 401(k) plan on Vanguard’s numbers. Sure, no splits means missing out on froth....
April 5, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Due Diligence
PE+QE made K&E. Will it last? Premium content
...It avoids the use of a continuation fund — which have become increasingly popular but have also drawn criticism from pensions and endowments over potential conflicts and high fees....
December 13, 2023
South Korean business & finance
Tech executive arrested over share purchases in K-pop bidding war
...SM, along with JYP and YG Entertainment, dominated the K-pop industry before the emergence of boy band BTS, whose rapid ascent to global stardom over the past decade has helped make Hybe the sector’s dominant...
October 19, 2023
Exchange traded funds
Vanguard share class monopoly faces challenge with unique filing
...However F/m argues that the funds, like all ETFs, are largely off limits to investors saving for their retirement in 401(k) pension plans, a key market for bonds....
August 23, 2023
News updates from October 19: Jordan pauses US Speaker bid, Canada to pull dozens of diplomats from India
Kakao CIO arrested for alleged stock manipulation during K-pop agency takeover
...Financial regulators accused Bae and two other Kakao executives of buying Won240bn ($178mn) of SM shares in an effort to undermine a tender offer from rival bidder Hybe, the label behind K-pop sensation...
October 19, 2023
ReviewAlbums
Red Velvet: Chill Kill — mellifluous singing and a moreish beat
...The mixed languages and vocals are typical of K-pop, and can be frenetic — but not so here....
November 24, 2023
Retail sector
Home Bargains owners net £36mn dividend
...TJ Morris said it shed more than 1,500 jobs last year, with staff numbers falling from 28,401 to 26,845 during the period, according to the filing....
April 9, 2024
Letter
Letter: US public education fails poor children of all races
...K Felix Mjumbe Berkeley, California, US...
August 4, 2023
Bridge - Card game
Bridge: excellent lead challenges declarer to think carefully before initial play
...Paul Mendelson’s new book, ‘The Joy of Bridge’, is out now...
February 7, 2024
ETF HubLatest news on ETFs
Dimensional files for Vanguard-style ETF share classes
..., adding that it would solve an “enormous problem” for traditional mutual fund companies with significant assets in retirement plans such as 401(k)s that do not use ETFs....
July 14, 2023
Hargreaves Lansdown PLC
Hargreaves Lansdown profits surge as investors cash in on rising rates
...“In the US, everyone I know invests, whether it’s for their kids’ college funds or their 401(k) [pension] top-up . . . in the UK it’s only a minority who call themselves confident investors,” said Olley,...
September 19, 2023

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