Search for: "Trustees of the Industry Fund"
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21 Jun 2023, 9:48 pm
APRA also announced a targeted investigation into industry superannuation funds’ payments to unions. [read post]
21 Jun 2023, 2:49 pm
On April 10, the pension fund Plymouth County Retirement System, which was joined by trustees of the Teamsters Union No. 142 Pension Fund, asked a judge to certify its class of shareholders. [read post]
31 May 2023, 5:35 am
A firm contractual commitment on both sides to quinquennial funding would counter this and strengthen IPSO’s and the industry’s hand in arguing that the arrangements are truly independent. [read post]
23 May 2023, 1:26 pm
These trusts are often used to distribute assets to individuals who work in an industry in which lawsuits are common. [read post]
22 May 2023, 3:53 pm
SB 266, signed into law just last week, effectively prohibits higher education institutions from spending state funds on diversity, equity, and inclusion (DEI) initiatives. [read post]
16 May 2023, 10:42 pm
Thus, some employers are seeking to avoid it by encouraging new employees to make an active choice of superannuation fund; and there is uncertainty as to what the “best financial interests duty” means in practice for trustees. [read post]
16 May 2023, 9:01 pm
During the period in question, GSAM shared information about these policies and procedures with third parties, including intermediaries and its board of trustees. [read post]
25 Apr 2023, 9:05 pm
The United States is experiencing a retirement security crisis, and it is important to ensure that Americans have the retirement funds they are due. [read post]
22 Apr 2023, 7:16 pm
But Republicans often disparage ESG efforts with references to the global connections of top funds and characterize industry efforts like the Net Zero Asset Managers initiative as radical. [read post]
30 Mar 2023, 6:52 am
Fiduciary relationships can take many forms, such as between an attorney and client, a trustee and beneficiary, a corporate officer and shareholders, or a financial advisor and client. [read post]
13 Mar 2023, 8:08 pm
While the Act provides an objective for the regulators of super funds, it stops short of providing an objective for the funds themselves. [read post]
10 Mar 2023, 3:00 am
National/Federal Group Seeks Disbarment of a Trump-Aligned Lawyer for a Key Jan. 6 Witness DNyuz – Charlie Savage (New York Times) | Published: 3/6/2023 In appearing before the January 6 committee last year, Cassidy Hutchinson, the former White House aide who recounted Donald Trump’s conduct in the lead-up to the attacks on the Capitol, shared how her original lawyer had tried to influence her testimony. [read post]
23 Feb 2023, 8:59 am
He could also grant the trustee power to give additional assets to his wife during her lifetime. [read post]
21 Feb 2023, 1:15 pm
In yet another Delaware court D&O insurance coverage decision that is sure to set the D&O insurance industry spinning, a Delaware Superior Court Judge has held that a SPAC’s post-merger runoff policy provides coverage for the defense fees of former directors of the pre-Merger target company for alleged Wrongful Acts that the occurred prior to the merger – even though the former directors were not directors or officers of the SPAC at the time they allegedly committed the… [read post]
15 Feb 2023, 8:18 pm
Key takeaways for industry from this report include ensuring that investment performance representations for funds are appropriate, and calling on superannuation trustees to review and improve their internal dispute resolution arrangements. [read post]
28 Jan 2023, 7:32 am
The investment industry has tried to push back, "pressing the importance of environmental, social and governance considerations in U.S. financial markets ahead of an expected pushback from Republican Party aligned officials as they take control of the House. [read post]
11 Jan 2023, 3:03 am
The trustees (the Trustees) alleged that Reem Plumbing and Reem Contracting were contractually obligated to contribute to certain union benefit funds (the Funds), as required by four collective bargaining agreements between the Association of Contracting Plumbers of the City of New York and Local Union No. 1 of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada (id.). [read post]
9 Jan 2023, 3:00 am
The trustees (the Trustees) alleged that Reem Plumbing and Reem Contracting were contractually obligated to contribute to certain union benefit funds (the Funds), as required by four collective bargaining agreements between the Association of Contracting Plumbers of the City of New York and Local Union No. 1 of the United Association of Journeymen and Apprentices of the Plumbing and Pipefitting Industry of the United States and Canada (id.). [read post]
5 Jan 2023, 6:03 am
Hewitt Pate, a former Supreme Court clerk and society trustee, as its general counsel. [read post]
21 Dec 2022, 10:53 am
” Township officials are also advocating for an adequate fund that would be controlled by a Toms River-appointed trustee, to provide compensation to those who may develop Ciba-related health issues in the future. [read post]
