pension

The aggregate shortfall of UK corporate pension schemes soared in September and is now at its second-highest level, new industry data show, as falling markets and bond yields sharply reduced returns. more...

Weighing in on how teachers' private capital in Ontario has become one of the world's largest private equity investors, with James Leech, Teachers' Private Capital president/CEO, who also shares analysis on long-term solutions for the euro. more...

Some of Britain’s biggest banks have begun quietly ridding themselves of billions of pounds of assets they have found difficult to sell following the financial crisis, moving them off their balance sheets and into staff pension funds, the FT reports. * more...

America’s public sector has not produced many pleasant financial surprises this year. This week, however, one emerged: John Liu, New York City Comptroller, announced that in the year to June 30, the City’s pension fund produced returns of more than 20 percent, raising total assets to $119...