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Greece at a Breaking Point?
I am off to Greece for the rest of the month so I decided to focus my attention on my ancestral home. Roula Salourou of ekathimerini reports, Pension system nears breaking point: The ticking time bomb...
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CalPERS Drops a Hedge Fund Bomb?
While I was away in Greece (more on that trip later this week), there was one big bombshell that got everyone's attention. Michael B. Marois of Bloomberg reports, Calpers to Exit Hedge Funds, Divest $4...
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Trouble Brewing at Canada's Private DB Plans?
Janet McFarland of the Globe and Mail reports, Funding for Canadian pension plans weakens in third quarter:Canadian pension plans saw their funding worsen in the third quarter this year as a result of...
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At the Epicenter of a Euro Crisis?
Ekathimerini reports, Troika, gov't talks to focus on lagging privatization drive:Greece's lagging progress in the privatization of state assets was expected to be the focus of talks on Friday between...
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The Cancer of Pensions?
Lesley Stahl of CBS 60 Minutes reports on the astronomical cost of cancer drugs:Cancer is so pervasive that it touches virtually every family in this country. More than one out of three Americans will...
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All Hail the Mighty Greenback?
Sri Jegarajah of CNBC reports, 'Nuanced' Q4 dollar gains as monetary policy diverges:The divergence in global monetary policy - as the Federal Reserve prepares for its first rate hike in mid-2015 while...
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America's New Retirement Reality?
Shannon Pettypiece of Bloomberg reports, Americans Living Longer as Fewer Die From Heart Disease, Cancer:A baby born in 2012 will live to a record 78.8 years old on average, as U.S. life expectancy...
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The Brutal Truth on DC Plans?
Janet McFarland of the Globe and Mail reports, Defined contribution pension plans more costly, study finds:Converting large public sector pension plans into defined contribution savings accounts for...
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What's Up With This Crazy Stock Market?
Jeff Macke of Yahoo Finance reports, What's making the stock market act so crazy?:It’s not your imagination: the stock market has gone a little bonkers lately. This week alone the Dow Jones Industrial...
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Going Dutch on Pensions?
Mary Williams Walsh of the New York Times reports, No Smoke, No Mirrors: The Dutch Pension Plan (h/t Suzanne Bishopric):Imagine a place where pensions were not an ever-deepening quagmire, where the...
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Are Europe's Deflation Demons Spreading?
Ambrose Evans-Pritchard of the Telegraph recently commented, Dam breaks in Europe as deflation fears wash over ECB rhetoric:A key gauge of deflation risk in Europe is flashing red, dropping to record...
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Beyond Public Sector Pension Envy?
Adam Mayers of the Toronto Star comments, A closer look at our public sector pension envy:Canadians who don’t have a pension often cast an envious eye at their friends and family who work in the public...
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Fed Prepping Markets For More QE?
Steve Matthews and Craig Torres of Bloomberg report,Bullard Says Fed Should Consider Delay in Ending QE:The Federal Reserve should consider delaying the end of its bond-purchase program to halt a...
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Time to Plunge Into Stocks?
Heather Pelant, Managing Director of Blackrock comments, An investing Secret for When the Market Drops:Back in August, I wrote a piece called “Why Cash is Not a Strategy.” I confessed then that like...
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Behind Private Equity's Iron Curtain?
Gretchen Morgenson of the New York Times reports, Behind Private Equity's Curtain:From New York to California, Wisconsin to Texas, hundreds of thousands of teachers, firefighters, police officers and...
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No More Irish Pensions?
Dominic Coyle of the Irish Times reports, Warning retired Irish workers not guaranteed State pension:Irish workers cannot be sure of receiving a State pension in retirement in future generations,...
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A New Pan-European Pension Fund?
Theodore Economou, the CEO and CIO of the CERN Pension, sent me an announcement a few weeks ago from Europa, New pan-European pension fund to boost researcher mobility:Mobility of researchers in Europe...
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Don't Fight The Fed?
Howard Gold, MarketWatch columnist and founder and editor of GoldenEgg Investing reports, The world’s best market timers: the Federal Reserve:Things were looking grim last week, especially on...
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Surge in Confidence Among Global Funds?
Digital Journal reports, Pyramis survey reveals surge in confidence among world's largest institutional: Confidence has returned among institutional investors worldwide, according to a new survey by...
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The United States of Pension Poverty?
Ted Kedmey of TIME reports, This Is the Scariest Number Facing the Middle Class (h/t, @HOOPPDB):The average middle class American has only $20,000 in retirement savings, according to a new survey that...
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