Pooled Pensions Remain a Dream?
Barbara Shecter of the National Post reports, Pooled pensions remain a dream:In the best-case scenario, the federal government’s plan to ensure all Canadians save for comfortable retirements is in...
View ArticleGoing Over the Pension Cliff?
Michael A. Fletcher of the Washington Post reports, Pension Benefit Guaranty Corp. running $34 billion deficit:The federal agency that insures pensions for 43 million Americans saw its deficit swell to...
View ArticleThe End of European Solidarity?
Andreas Rinke and Lefteris Papadimas of Reuters report, Greece's lenders fail again to clinch debt deal:International lenders failed for the second week to reach a deal to release emergency aid for...
View ArticleInsurers Carving Out the Pension Turkey?
Barbara Shecter of the National Post reports, Insurers buying up firms’ pension plan risk as obligations loom:Canadian insurance companies are throwing a lifeline to businesses stressed out by looming...
View ArticleLet Them Eat Cat Food?
Sarah Mortimer of Reuters reports, UK eyes new pension scheme to encourage saving:The British government is considering a new type of pension scheme to address the rapid disappearance of final salary...
View ArticleDenying Pension Benefits to Gay Couples?
The Advocate reports, Will Boeing Deny Pension Benefits to Married Gay Couples?:Boeing Company told union negotiators that it plans to deny pension survivor benefits to married same-sex couples in...
View ArticleBankers Jumping Ship to Hedge Funds?
Tommy Wilkes of Reuters reports, Job cuts and regulation push bankers toward hedge funds:The hedge fund industry is expected to see a wave of new launches in the next year by traders who have lost...
View ArticleAsia's Alternatives Paradise?
Isabella Steger of the WSJ reports, Private Equity Interest Shifts to Southeast Asia:Some of the world’s biggest private-equity firms have stepped up their presence in Southeast Asia this year, eager...
View ArticleClinching a Lasting Greek Deal?
Jan Strupczewski and Luke Baker of Reuters report, Greece, markets satisfied by EU-IMF Greek debt deal:The Greek government and financial markets were cheered on Tuesday by an agreement between euro...
View ArticleCaisse Thinks Bond Party Is Over?
The Globe published an article by Alexandra Stevenson of the Financial Times, Bond party is over, says Caisse chief Sabia:The bond party is over – this according to one of Canada’s biggest pension fund...
View ArticleWhen CalPERS Meets Greece?
Steven Church and James Nash of Bloomberg report, Calpers Seeks to Sue San Bernardino Over Pension Payments:The California Public Employees’ Retirement System is seeking to sue bankrupt San Bernardino...
View ArticleIs Greece the Future of Pensions?
George Georgiopoulos and Lefteris Papadimas of Reuters report, Greeks rage against pension calamity:In the heat of a June night, Eleni Spanopoulou found her audience at an Athens hotel turning ugly....
View ArticleThe Perfect Hedge Fund Predator?
Eric Owles of the NYT Dealbook blog reports, Portraits of a Hedge Fund Titan:Even before Steven A. Cohen’s very bad week, the media narrative surrounding the hedge fund billionaire was well known: an...
View ArticleFiscal Cliff Trojan?
Paul Jay, senior editor of The Real News Network, interviewed Michael Hudson, distinguished research professor of economics at the University of Missouri, Kansas City, on the fiscal cliff Trojan:JAY:...
View ArticlePension Deficit Disorder?
Scott Klinger, an Associate Fellow at the Institute for Policy Studies, wrote an op-ed for The Vindicator, A Pension Deficit Disorder:Beware of wealthy CEOs who are lecturing the rest of us about...
View ArticleOh No, Canada!?!
Christopher Matthews of TIME reports, Oh No, Canada! Are We Watching Another North American Financial Crisis Unfold? (h/t, Financial Iceberg):For some time during and after the financial crisis, it was...
View ArticleCrusade Against External Fees?
Gregory Zuckerman of the WSJ reports, Calpers Crusader Takes Aim at Fees:At its annual investor meeting earlier this year, buyout firm Leonard Green & Partners LP played a video that parodied Réal...
View ArticleA UK Sovereign Wealth Fund?
Robert Peston of the BBC reports, A UK sovereign wealth fund?:One of the reasons infrastructure investment by British pension funds is relatively low, compared with (for example) infrastructure...
View ArticleHedge Fund Darwinism?
Harriet Agnew of Financial News reports, More hedge funds shut down:At least six hedge-fund firms announced plans to close in November and two more joined the list this week, underscoring the shakeout...
View ArticleCanada's Public Servants at a Tipping Point?
Kathryn May of the Ottawa Citizen reports, Public servants forced to scrimp for retirement, says pension expert:Canada’s public servants may have reached the “tipping point” where they are forced to...
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