COLUMBUS, Ohio— Leaders of Ohio's education retirement system said pension changes have led to more teachers retiring, while some educators have said new state tests have factored into to their decisions. Districts are already bracing for increased retirements this year, The Columbus Dispatch reports, as state requirements for age and years of service are...» Read More
"The banks and the credit markets are under pressure, but still we have had huge gains on the safe government bonds, the German and Danish bonds. It has been a safe-haven for us," Lars Rhode, CEO at ATP, told CNBC.
Karen Olney, head of European thematic strategy at UBS, told CNBC that pension funds were being forced to tactically take profits in government bonds.
BlackRock isn't looking to buy other asset managers and may use its cash instead to raise its dividend, reinvest in its business and buy back more shares, CEO Laurence Fink told CNBC Wednesday.
Two market crashes and a couple of recessions later, 25 percent of all boomers don’t have anything saved for retirement and now find themselves in dire need of government services and potential bailouts of math defying pension plans.
The pension fund that serves California's teachers is sending letters to 122 companies expressing its dissatisfaction with their compensation practices. "We want them to take the message seriously", said Anne Sheehan, CalSTRS Director of Corporate Governance.
Investment theory is over complicated and often wrong, escalating financial crises like the one in 2008 and currently within the euro zone, Saker Nusseibeh, CIO at Hermes and Chairman of The 300 Club told CNBC.
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.
Another week, another pension fund filing a lawsuit over execution of currency trades. Here's what it means for you.
Double-dipping has become a hot topic during these times of severely strained budgets. Yet even as some states have begun curbing the practice, a new national report found tens of thousands of state and local employees drawing government salaries along with their pensions.
Publicly financed retirement, or pension benefits, vary widely across the world. See how your pension plan stacks up against the world’s largest economies.
Though many believe Social Security to be vital for the nation's well-being, most young Americans doubt the entitlement will exist when they reach retirement age.
After a tumultuous August, pension funds are falling further under water, raising pressure on boards to take on more risk at a time when the economic and policy outlook has never been more uncertain.
Want to skip the high management fees of a 401k? Opt to put your money in an IRA.
Cramer gives you advice on how to make more money with your 401K.
$1 million isn’t what it used to be, in part because a lot of people don’t know how far it can go, and the amount of time and effort that it would take to spend it.
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.
As the nation tightens its budget belt, the century-old military retirement system has come under attack as unaffordable, unfair to some who serve and overly generous compared with civilian benefits.
While austerity measures — cuts in social benefits such as pensions and health care — are unpopular with the citizens of Europe, they haven’t seen anything yet.
It appears that politicians in Washington, D.C., are moving closer to a deal that would extend the ability of the government to borrow money beyond August—preventing a default on U.S. government bonds or other obligations.
You might be surprised by some of the possible answers. Click ahead to see what happens if the U.S. credit rating is downgraded.