Hints and tips:
...Thirty-six “master trusts”, the largest workplace DC pension schemes, held three-quarters of the DC pension sector’s £143bn total assets, or £105bn, as of June, according to The Pensions Regulator....
...Nausicaa Delfas, newly appointed chief executive of The Pensions Regulator, added that it was important for trustees of defined contribution plans to have the expertise to assess more complex assets — and...
..., to help build trust and integrity....
...Company boards, often shocked by both the magnitude and volatility of liabilities, rushed to close defined-benefit schemes, first to new members and then to further accruals....
...Scottish Mortgage showdown The FT digs into deep-seated tensions over strategy at the UK’s biggest investment trust that led to board member Amar Bhidé’s dramatic exit....
...But Activision’s board could demand some sort of financial sweetener to extend the deal to allow for regulatory approval....
...He said the US Open at the club was part of a broader effort to bring attention and millions in fundraising to municipal and public golf in Southern California....
...Baillie Gifford’s Scottish Mortgage Investment Trust, one of the biggest China bulls in recent years, has slashed its exposure there, including longstanding investments in tech giants Alibaba and Tencent...
...Reversing the usual trajectory from executive to non-executive, his portfolio career led him to the board of Investec, then co-chair of the group, and, in 2018, to co-chief executive, succeeding co-founders...
...Daily Mail and General Trust said on Tuesday it was “close” to reaching an agreement with the pension trustees in which it would make a payment of about £400m into the schemes, to safeguard retirement payouts...
...Smart reads Blackstone plays defence The private equity group’s Real Estate Income Trust has become a quiet concern to some investors and analysts....
...The regulator has accused him of defrauding an investor group that included Sequoia Capital, Thoma Bravo, Ontario Teachers Pension Fund and hedge fund billionaires Alan Howard and Izzy Englander out of $1.8bn...
...We'd want you to have a board. We'd want you to have some sort of oversight. And he says the response from FTX was, quote, 'go fuck yourself.'...
...Steve Southern, chair of the trustees, said on Tuesday that he was “pleased” that CD&R had been able to “provide the necessary support and reassurance”, and that talks with the private equity firm were “...
...support for the schemes is provided,” said chair of trustees Steve Southern....
...This seems like good value: the board has arranged for investors who want to redeem their holdings to do so at a discount of 6 per cent at the end of the year)....
...dinner at the La Côte restaurant hosted by Northern Trust....
...Historically, in response to demands from activists, socially conscious investors such as foundation endowments and religious trusts have pressured the boards of controversial companies to align with their...
...The sale from Ontario Teachers’ Pension Plan Board and Alberta Investment Management marks the second acquisition of a big proxy adviser in recent months....
...BT also revealed an agreement with pension fund trustees to pay £1.1bn a year towards its £8bn deficit, falling to £800m over time....
...Formerly chief executive of Phoenix Group, the pension and life insurance consolidator, he has a record of dealmaking....
...all duties including from the board of Sotic International” in June 2020....
...of the Sustainability Accounting Standards Board (SASB)....
...Trustees of pension schemes are receiving inquiries from companies exploring pension payment holidays, a move that would free tens of millions of pounds for some businesses but deepen the funding holes of...
...off from the southern island province of Hainan in China on Tuesday....
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