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6 Feb 2012, 3:00 am by LindaMBeale
  Much of the rest of the revenues come from transfers from one fund to another--the gas guzzler tax that raises about $70 million a year would now be dedicated to the Highway Trust Fund rather than going to general funds, and about $3 billion in purportedly excess funds currently in the "leaking underground storage tank" fund will be tranferred to the Highway Trust Fund (and then the rate  to… [read post]
21 Oct 2009, 10:50 am
"Over a period of eight years, State Street bankers committed unconscionable fraud by misappropriating millions of dollars that rightfully belonged to California's public pension funds," Mr. [read post]
4 Dec 2009, 12:00 pm
"Corruption corrodes the integrity of the pension system and the public's trust in government. [read post]
14 Jan 2016, 10:18 am by Mark Astarita
  “DeBaggis corruptly influenced the steering of pension fund custody contracts to State Street through bribes and campaign donations. [read post]
24 Sep 2007, 12:50 pm
Talks are that switching that to a union-managed trust fund would protect it better than leaving it as an unfunded risk on GM's books, if they can get GM to throw a one-time chunk of cash into the pot. [read post]
10 Oct 2009, 2:45 am
In addition, amendments to section 412 that were enacted in the Pension Protection Act of 2006 (PPA) have presented questions concerning the application of those changes to plan fiduciaries and other persons handling plan funds or other property. [read post]
13 Aug 2008, 7:14 pm
By contrast, for-profit speculators pay lower capital gains rates on their profits and tax-exempt investors, such as pension funds and university endowments, pay no taxes on these investments. [read post]
16 Jan 2019, 9:00 am by Corbin Bridge
Industries that use similar practices include Health & Welfare Funds, Open-End Investment Funds, Trust & Estates, and Real Estate Investment Trust. [read post]
10 Mar 2011, 7:27 am by sally
The Stamp Duty and Stamp Duty Reserve Tax (LCH.Clearnet Limited) Regulations 2011 The Stamp Duty and Stamp Duty Reserve Tax (SIX X-CLEAR AG) Regulations 2011 The Social Security (Deferral of Retirement Pensions) Regulations 2011 The Children’s Homes (Amendment) Regulations 2011 The Childcare (Exemptions from Registration) (Amendment) Order 2011 The Adoption Agencies and Independent Review of Determinations (Amendment) Regulations 2011 The Civil Contingencies Act 2004 (Contingency… [read post]
8 May 2012, 5:00 am by Doug Cornelius
Every private fund needs to start gathering information about their investors using this data scheme: (a) Individuals that are United States persons (including their trusts); (b) Individuals that are not United States persons (including their trusts); (c) Broker-dealers; (d) Insurance companies; (e) Investment companies registered with the SEC; (f) Private funds; (g) Non-profits; (h) Pension plans (excluding governmental pension plans); (i)… [read post]
17 Jun 2018, 9:01 pm by Tamar Frankel
For example, employees seek high return investments of their pension fund but not investments in a competitor of their own employer company. [read post]
5 Sep 2012, 8:08 am by Marcia Oddi
Jef Feeley of Bloomberg News reports today that:Pension funds from New York, California and Indiana have agreed to serve... [read post]
26 Apr 2006, 12:42 pm
Mealey's Asbetos Report (LexisNexis) reported that Federal legislation that would create a $140 billion trust fund to handle asbestos claimants is unlikely to come up for a vote on the Senate floor in the near future, and alternatives in the House of Representatives are also stalled. [read post]
2 Apr 2008, 9:40 am
According to the 2007 annual survey released by the the National Association of Pension Funds (NAPF), 56% of the U.K. defined contribution plans surveyed were trust-based plans compared with 89% two years earlier. [read post]
15 Jun 2020, 5:00 pm by Lisa S. Boehm
Bank, a 5-4 Supreme Court decision issued on June 1, the Court held that retired participants in a defined benefit pension plan lack constitutional standing to sue the plan fiduciaries for alleged breach of their ERISA fiduciary duties. [read post]