PENSIONS

U.S. agency seeks approval to take over Sears pensions

U.S. agency seeks approval to take over Sears pensions

Published 02/02/2019

NEW YORK (Reuters) - A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, [more…]

U.S. pensions seen moving $12 billion to bonds from stocks: Wells…

U.S. pensions seen moving $12 billion to bonds from stocks: Wells…

Published 25/01/2019

NEW YORK (Reuters) - U.S. pension funds are projected to shift $12 billion into bonds from stocks in a rebalancing of their investments at the [more…]

Public pension funds slow to move on climate change risk: study

Public pension funds slow to move on climate change risk: study

Published 09/09/2018

LONDON (Reuters) - Most of the world’s largest public pension funds are providing little or no information about how climate change will affect the value [more…]

World’s top pension funds grow assets 15.1 percent in 2017: study

World’s top pension funds grow assets 15.1 percent in 2017: study

Published 03/09/2018

LONDON (Reuters) - The world’s 300 largest pension funds grew assets under management by 15.1 percent in 2017 to reach a combined value of $18.1 [more…]

Chicago teachers pension fund divesting from private prisons

Chicago teachers pension fund divesting from private prisons

Published 17/08/2018

NEW YORK (Reuters) - The Chicago Teachers’ Pension Fund’s board of trustees voted on Friday to phase out investments in companies that run private prisons [more…]

Ohio workers’ pension fund woes are symbolic of national problem

Ohio workers’ pension fund woes are symbolic of national problem

Published 27/07/2018

CHICAGO (Reuters) - Roberta Dell has worked for 46 years making lollipops, and she loves her job. But she worries that retirement may not be [more…]

U.S. Treasury yield curve flattening to intensify with U.S. pension…

U.S. Treasury yield curve flattening to intensify with U.S. pension…

Published 25/04/2018

NEW YORK (Reuters) - Corporate pensions are shifting a chunk of their $1.55 trillion in assets into fixed income, which may be sizeable enough to [more…]

Exclusive: Mexican state pension fund spent millions on failing…

Exclusive: Mexican state pension fund spent millions on failing…

Published 12/03/2018

FILE PHOTO: The logo of Mexican construction company ICA is seen in Mexico City, March 8, 2016. REUTERS/Edgard GarridoMEXICO CITY (Reuters) - Mexico’s state workers’ [more…]

U.S. pensions stuck in the red despite stock market boom

U.S. pensions stuck in the red despite stock market boom

Published 15/09/2017

While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations. [more…]

U.S. insurers sense opportunity in unwanted pension plans

U.S. insurers sense opportunity in unwanted pension plans

Published 14/02/2017

U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

U.S. insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values give companies the perfect excuse to offload them.

[more…]