Hints and tips:
...A UK government push to persuade local authority pension funds to plough billions of pounds into levelling up projects may conflict with trustees’ duty to secure the best returns for pensioners, one of Britain...
...She is not registered with the country’s state pension system and said she never received a salary during more than 34 years of service....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Public prosecutors enjoy wide discretion to choose which cases they pursue....
...jets (FT) Sydney Airport agrees $17.5bn takeover deal with pension funds (FT) Bouygues prevails in auction for Engie’s energy services business (FT) China’s top venture capitalist cuts stakes in Meituan...
...“There’s this big trend [of people moving from] broadcast wide-open social media communication services to more small, intimate places,” said Citron....
...In his annual Mansion House speech on Thursday, chancellor Rishi Sunak re-upped the UK’s plans to require companies, pensions and investment products to make sustainability disclosures....
...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...
...She joins the firm’s Melbourne office from Herbert Smith Freehills. Karen Frank joined Ontario Teachers’ Pension Plan on Thursday as senior managing director of its C$47bn equities division....
...It would be sensible to look for other sources of funding before you had to call on your pension plan.” Ms Ross of Handelsbanken Wealth Management agrees....
...Economists expect the UK economic recovery in 2021 to be slower than in peer countries, because of a lower starting point, a larger services sector, low business investment and the impact of Brexit....
...However, the actuarial pension review is due for valuation as of June 30 where gilt/ swap yields will be used as the discount rate (instead of corporate bond yields) and BT say discussions with the trustees...
...That's the question on the minds of brand watchers as the U.K. energy giant rolls out a snazzy redesign of more than 23,000 of its filling stations world-wide today....
...Our article merely sought to highlight the importance of the bold part of the sentence. Pension trustees must find impact investment managers that spell that part out explicitly....
...China may understate the impact of COVID-19 on the rest of the world given it was a short, sharp shock and at the time activity across the rest of the world was unaffected....
...Pru today says with full-year results that, yes, a minority IPO of the US retirement business is indeed the plan and the shares are now at £10.95, down 3p on the day....
...The National Pension Service, the world’s third-largest pension fund with $563bn under management, holds swing votes in the proxy battle as it is the second-largest shareholder of Hyundai Motor and its parts...
...Invesco also aims to strengthen its presence in Australia, one of the world’s fastest-growing asset pools; it plans to serve institutional and retail clients in Australia....
...“As the financial impacts and risks of climate change on pension fund portfolios become ever clearer and their investment regulations are updated, trustees have no excuse for failing to examine this topic...
...It has also urged pension fund trustees to consider divesting from all gun manufacturers....
...It will pool the assets and liabilities of private sector pension plans with a view to running them more efficiently....
...UK companies are increasingly looking to offload the responsibility of their traditional final salary pension plans, where an employer is on the hook for paying the retirement income of members for as long...
...The government’s role is complicated by its reliance on the contractor for a wide range of services: the maintenance of military bases; school meal provision; work on some of the UK’s highest-profile public...
...Nick Good, co-head of SSgA’s global SPDR business, said at a recent conference: “We are stewards of a large part of the US economy, and it’s important to do that properly....
...Blackstone is working with two of the largest global institutional investors, Canada Pension Plan Investment Board and Singapore state fund GIC....
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