Consulting and outsourcing services provider Accenture said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group and MassMutual.
Christine Lagarde, managing director of the International Monetary Fund, says of the latest Greek debt talks, "progress has been made today, no question about it."
Charles Goodhart, former BOE Monetary Policy Committee member, says that it is typical for trailing parties to receive a boost in election polls just before the vote itself.
Future generations are on course to become enveloped in the biggest pension crisis in history, according to the World Economic Forum (WEF).
WASHINGTON, May 19- Three U.S. The most senior Democrat on the Senate committee overseeing pensions, Washington's Patty Murray, and two of the party's liberal stars who advocated for the rule, Cory Booker and Elizabeth Warren, wrote to newly confirmed Labor Secretary Alexander Acosta about reports that he was looking for a way to freeze the rule and make it "stick."
Sanjeev Gupta, executive chairman at Liberty House Group, speaks about the steel industry in the U.K.
Christopher Ailman, CalSTRS (California State Teachers Retirement System) CIO, discusses the markets and what he's looking at now and where he sees bargains.
At the Milken Global Conference, Ron Mock, Ontario Teachers' Pension Plan CEO, speaks to CNBC's David Faber about the plan's portfolio strategy in the markets right now.
Jonathan Nabrotzky, global head of wealth sales and distribution at HSBC, discusses pensions and working into retirement.
Michael Garland, NYC Pension Funds; Simon Krinsky, Hall Capital Partners; and Cliff Robbins, Blue Harbour founder & CEO, talk about ethical investing and why environmental, social and governance factors top their list.
WASHINGTON, April 6- In a last-ditch effort, five U.S. Senate Democrats are urging President Donald Trump to veto a resolution that would repeal a Labor Department rule designed to help cities launch retirement savings plans for low-income private-sector workers by exempting such programs from strict federal pension protection laws.
Former Atlanta Fed president says despite his age his retirement pot is still going into equities.
In a narrow vote of 50-49, lawmakers undid Obama-era Labor Department rules that assist municipal-run retirement plans.
Most major Japanese companies offered the lowest hike in base pay in four years on Wednesday, a setback for the "Abenomics" campaign.
Bank of Ireland CEO Richie Boucher discusses earnings, adding that "we see our margins continuing to improve."
CHICAGO, Feb 16- So much for states' rights. Seven states- including populous California, Illinois and Maryland- are implementing government-sponsored auto-IRA plans, and another 30 are considering their own, according to AARP, which has been supporting and tracking the initiatives. The House of Representatives approved a resolution on Wednesday that would...
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.
The key to boosting Japan’s sluggish economy isn’t more monetary policy, it’s making households feel secure, a former BOJ board member said.
South Korea's special prosecutor said it would again summon Samsung Group scion Jay Y. Lee on Monday to question him on suspicion of bribery.
The reduced expectation is based on a lower-risk, lower-return asset allocation adopted by CalPERS in September and announced in December.