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.
At the Senate Finance Committee hearing for his confirmation to be secretary of the Treasury Department, Steven Mnuchin answers questions about GOP plans to repeal Obamacare, as well as the stability of guaranteed pensions.
With yields on the rise and a more inflationary economy in view, Calstrs' Christopher Ailman says to keep an eye on fixed income.
Brian Nick, TIAA Global Asset Management, discusses the influence of pension fund rebalancing on markets.
If you are one of the rare Americans who still has an employer-provided pension plan, sort out how and when you will claim your benefits.
DuPont eliminated retirement health benefits, including dental and life insurance for all employees under the age of 50, reports USA Today.
Donald Trump will be powerless to prevent U.S. government debt from soaring beyond $20 trillion in under eight weeks, Marc Faber.
Brexit hurt Ontario Teachers' Pension Plan's short-term returns, but U.K. assets remain attractive, said a senior vice president at the fund.
The company will transfer the management of the plans for roughly 36,000 retirees to a third party.
Total unfunded liabilities for U.S. state public pensions will balloon by 40 percent to $1.75 trillion through fiscal 2017, Moody's said.
United Technologies said on Thursday it would cut the overall size of its pension liabilities by about $1.77 billion in 2016.
Philip Benton, senior research analyst at Euromonitor International, discusses Tesco's positive first-quarter data, saying that the supermarket price war continues.
The Rhode Island state treasurer said Thursday he plans to reallocate hedge fund money into more traditional asset classes over the next two years.
Seth Magaziner, Rhode Island General Treasurer, discusses the state's decision to cut its hedge fund holdings in its pension fund in half.
CNBC's Kate Kelly reports on Rhode Island's pension fund cutting its exposure to hedge funds in half.
British shadow chancellor John McDonnell tells CNBC that the Labour party will employ a "proper legislative base" to prevent tax avoidance.