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...“Frankly, there’s no reason why any of the pension funds here should say ‘oh, I’ve got to invest in the UK’....
...“There’s no question that the primary purpose of [pensions] is to deliver in the members’ best financial interests,” Young said....
...The supervision of contributions is the responsibility of pension providers and the trustees of every pension fund....
...the principle of collective bargaining and change its approach to unions....
...“IF Metall is one of the most flexible and industry-focused unions in Europe,” one automotive industry manager explains....
...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 union pays everything, 130 per cent of wages to cover pensions. Nobody should lose a cent because of the strike. We have funds to last years.”...
...Since 2021, trustees of the UK’s biggest pension schemes have been required to identify, assess, manage and disclose climate-related risks and opportunities....
...Additional reporting by Harriet Agnew and Emma Dunkley Letter in response to this article: Trustees can make the most of pension reforms / From Rory Murphy, Chair of Trustees, Merchant Navy Officers Pension...
...First, he offers no serious plans for consolidation of the multitude of private sector DB funds into bigger and more aggressively managed ones....
...But similar problems have occurred throughout the automobile industry’s history, most notably between the US and Japan in the 1970s and ‘80s....
...The pension trustees should get £20mn from Wilko’s property assets, although it is unclear what the pension deficit is....
...In the March Budget, the Treasury flagged further reorganisation of local government pension assets....
...Mass lay-offs at the Suape port and industrial complex, the vast site home to the refinery and shipyard, reverberated across the local economy....
...Only two of the events met the regulatory definition of “collision,” there were no reported injuries, and no accidents involving pedestrians or cyclists....
...“It’s not our role to use public funds to finance the development of factories in Asia,” he said....
...They’re not mostly the ones who were responsible. Some of them are university pension funds. So they’re not all, you know, rapacious City slickers....
...The pension funds completed a super-rushed due diligence process and collected all licences just in time before the deadline....
...The UK’s Financial Conduct Authority laid out the scale of its investigation into troubled hedge fund Odey Asset Management and its founder Crispin Odey....
...pension funds AMF and ATP, and the European Investment Bank....
...$27mn of state and local tax incentives....
...Court in one of the year’s most significant judicial reviews UK, more than 100 members of the PCS union at the British Museum begin seven days of strike action over pay, pensions, job security and redundancy...
...Kate Barker: No single policy would do much alone. But improvements to the planning framework by taking a proper spatial view of the UK and a robust approach to local objections might be my favourites....
...Just hours after the record drive, a rival driver, Bernd Rosemeyer, was killed in an accident after his Auto Union car was caught by a gust of wind and veered off the road....
...In its response to the DWP consultation, Scottish Widows, one of the county’s biggest pension providers, said “there was no evidence to suggest that performance fees improve customer outcomes . . . the charge...
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