The 'Stagnation Generation' report calls for the social contract between young and old generations to be renewed. » Read More
Underfunded pension are "three or four times worse" than current forecasts, says Joshua Rauh, senior Hoover fellow.
Joshua Rauh, Hoover Institution, discusses the result of a new report that shows the dire details of the nation's state and local pensions.
CNBC's Mary Thompson reporting that median executive compensation fell 3.8 percent in 2015.
SAN JUAN, Puerto Rico, April 7- When Puerto Rico attempted to shore up its chronically underfunded public-employee pensions in 2013, Francisco del Castillo "knew grown men and women who wept." The law extracted "a pound of political flesh" from those, like del Castillo, who helped craft it, he said. " The central government was supposed to have made $367.6 million in such...
Japanese government bonds may look like a good bet with the Bank of Japan a ready buyer, but there are signs prices could top out.
Now that you’re retired, how should you invest your 401(k) and IRAs to make sure your money will last as long as you do.
Rhode Island's state pension fund was urged to pull out of Luxor Capital Partners after the hedge fund posted heavy losses for months.
A Citigroup report on 20 nations said pension obligations, much of them unfunded, amounted to nearly twice the countries’ total national debt.
Discussing the risk in pensions worldwide with Charles Millard, Head of Pension Relations & Managing Director for Citigroup.
Dreams of lengthy cruises and beach life may be just that, with 20 of the world’s biggest countries facing a pension shortfall worth $78 trillion, Citi said in a report sent on Wednesday.
Greece is courting another kind of migration crisis that may create new troubles for its struggling economy.
*India budget proposed to partially tax social security fund. NEW DELHI, March 2- Indian Finance Minister Arun Jaitley signaled on Wednesday he would roll back a controversial budget proposal to tax pension withdrawals by private sector employees after a backlash from salaried workers. Jaitley's pensions tax plan has sparked fury among India's small but...
The yen has surged since the BOJ shifted to a negative-rate policy in January, but the Japanese currency is set to weaken ahead, Goldman Sachs said.
City of Brotherly Love is in a world of pain
Rob Dubow, Director of Finance for the City of Philadelphia, discusses the state of his city's pension fund and how it might be saved.
Only 1% of the $30T Americans invest touch small biz. Yet real prosperity can be found in the many investment options in local communities.
*UK watchdog looking at sales of enhanced annuities. LONDON, Feb 16- After winning billions of pounds in compensation from banks for Britons who were mis-sold insurance products on loans, some lawyers are turning their sights on British insurers. So far the numbers are small, with just 776 general complaints about annuities in 2014-2015 to Britain's Financial...
Millennials are failing to save money and put something aside into a pension because of the rising cost of living, according to experts.
CHICAGO, Feb 4- The gender pay gap is a hot topic in the presidential campaign, and President Barack Obama has been hammering on it, too. Women who work full-time, year-round, made just 79 cents for every dollar paid to their male counterparts in 2014, U.S. Census Bureau data shows. The income gap translates directly to lower income from Social Security and pensions-...
Net outflows from emerging markets weren't just bigger than expected in 2015, there's more pain to come, the Institute of International Finance said.