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...The company said Lavine, a large donor to the Democratic party and the former chair of Columbia University’s board of trustees, “believes the time is right to take on a new role” and step back from day-to-day...
...Insurers, meanwhile, defend the use of funded reinsurance as one of a number of risk management tools that provide security to their customers’ benefits....
...The policy on offsets was made by the board without the consultation of SBTi’s technical and advisory groups, members of those groups said in a letter sent to trustees on Friday....
...Armitt is a former chair of the National Express Group and held senior roles with the Berkeley Group as well as the Board of Transport for London....
...The fund told the FT it didn’t “make decisions” with SBTi and had no involvement in the board’s statement this week....
...But she told the Financial Times she would have “cause for concern” if ministers were to go a step further and direct trustees as to where funds should be allocated....
...Putting assets into trust will have inheritance tax implications and advisers will help clarify this as well as the most tax-efficient solutions to hold in trust....
...These must have exclusively charitable purposes for the benefit of the public, and the trustees of the charity must act in the best interests of the foundation, not the commercial company....
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...Many firms are reducing the settlement cycles of their Europe-based funds as the deadline approaches....
...Alumni pressure helped trigger a shake-up leading to the resignation of Scott Bok as chair of the board of trustees, and the departure of Liz Magill as president after she struggled at a congressional hearing...
...The assets held in overseas trusts will not pass under your aunt’s will so you would need to consider the trust documents or contact the trustees to establish who are the beneficiaries of any trust assets...
...Bok resigned as Penn’s chair of trustees alongside Magill following criticism of the university president’s testimony to a congressional hearing on campus antisemitism....
...He served as chair of trustees of the National Gallery between 1985 and 1991 and chair of the Heritage Lottery Fund from 1994 until 1998....
...The board of trustees is chaired by Pat Sajak, a former TV game show host and a supporter of multiple right-wing political candidates....
...Airline trust in Boeing management and its CEO Dave Calhoun is being sorely tested. The roots of the problems are well catalogued....
...One helpful safeguard of transferring shares into trust is that, unless the contrary position is included in the trust deed, trustees must act unanimously....
...Bringing fresh young blood on to the board of overseers can help with that . . . their candidacy will serve as a wake-up call for Harvard.”...
...Acquiring DS Smith could face anti-trust challenges in Europe, but we think the deal could get done with the sale of a few box plants....
...The assets held in overseas trusts will not pass under your aunt’s will and so you would need to consider the trust documents or contact the trustees to establish who the beneficiaries of any trust assets...
...“There were lots of people in and around south London, and Bristol and Liverpool, who were doing the same thing but weren’t as adept at going out and getting the funds,” he said....
...UK pension fund trustees must consider increasing the range of their investments, including in start-ups or other illiquid assets, or face “robust” intervention, the British regulator has warned....
...The conflict in Ukraine shows that the age of big tank and artillery battles is not over yet, as some had wagered. But technical advances mean new forms of warfare have also developed....
...Saab said that “[the reliance on China] can pose an increased future risk as we and the industry ramp up capacity and production in Europe”, while stressing that there were no current supply chain issues...
...Jon Weston — one of the school’s six trustees and managing director of West Midlands-based Rudell The Jewellers — says the UK is a significant market for the industry....
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