Singapore sovereign fund GIC takes a long view on real-estate plays, eyeing emerging markets despite recent turmoil, its property chief said.» Read More
With the Federal Reserve promising low rates at least through 2014, many retirees and conservative investors are naturally concerned. Here are four ways to plan accordingly.
"We are a big supporter and believer of private equity," says James Leech, Ontario Teachers' Pension Plan president/CEO. Leech says private equity has produced good results for pension plans and in the last 20 years his pension plan has produced over 20 percent in yields.
International Living just released its Retirement Index for 2012, which determines foreign destinations offering retirees a high standard of living at a low price. CNBC.com highlights 10 of them.
Shell is to close the FTSE 100’s last remaining final salary pension scheme to new hires in Britain, ending an era in which private sector workers could be confident of a guaranteed income throughout their retirements, the FT reports.
The new "new normal" is a "paranormal" market — and this paranormal market could wind up haunting pension funds.
From a moderate surplus at the end of 2007, pension plan assets at S&P 500 companies now cover only about 74 per cent of estimated liabilities, calculates Credit Suisse, a deficit of roughly $450bn.
While politics on the national scene are a continual show of gridlock, politics, and fingerpointing as the economy struggles, the state of Rhode Island managed to cut its pension liabilities and save taxpayers $4 billion. How did it do it? By putting aside politics and focusing on the math, state General Treasurer Gina Raimondo told CNBC Wednesday.
It is the governance of public pension plans that needs to be restructured to assure that pension funds are being appropriately invested and protected.
Rhode Island is trying to boost its finances and fend off downgrades as it passes a broad reform of its pension system, with Gina Raimondo, Rhode Island general treasurer. The way to solve fiscal problems is to leave politics aside, she says.
Retired police and firefighters have agreed to pension cuts in Central Falls Rhode Island's municipal bankruptcy. It is the first municipality to shed pension obligations in the bankruptcy process,the New York Times reports.
The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.
With 401(k)s, IRAs, Roth IRAs, and Social Security benefits, seniors have plenty to figure out when it comes to paying Uncle Sam.
CNBC's Sharon Epperson's "New Retirement" segment shows workers how to track all the retirement funds they have coming to them.
The change partly reflects demographics but also government cost-cutting that has resulted in less generous pay and benefits, the New York Times reports.
UK inflation, currently at 5 percent, is hitting those aged between 45 and 65 known as the baby boomer generation hardest, a new report has found.
CNBC's Sharon Epperson explores the art of investing in art.
"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.