Hints and tips:
...Weingarten: There are times as an AFT trustee, when you’re sitting on the board of a pension fund and you see $4bn in front of you and you have to make an investment decision. Wow....
...The largest of the troubled multiemployer plans, the Teamsters union Central States Pension Fund, covers nearly 400,000 workers and retirees....
...This followed similar moves in recent years by the Philadelphia Board of Pensions and Retirees, the New York State Common Retirement Fund, the Chicago Teachers’ Pension Fund, the New Jersey Pension Fund...
...Mr Butcher, who is currently managing director of PTL, a company that supplies independent trustees to pension funds, will replace Lesley Williams after her two-year tenure ends in October....
...If private equity holds the upper hand now in the fight for retirees’ savings, the industry is drawing more scrutiny from pension fund trustees....
...Savings balances are relatively small for the moment — up 8 per cent to $706bn last year, according to Morningstar — but unless pension fund trustees decide to replace Vanguard, target date funds will provide...
...of Philadelphia.”...
International Edition