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25 May 2012, 4:04 pm by James Hamilton
They pointed out that investors with over $1 trillion in assets under management wrote to the SEC in support of strong rules, including the largest public pension fund in the United States, and asset managers for the third largest pension fund in Europe.The Senators urged the SEC to resist pressure to release weak regulations that do not follow the clear statutory language and legislative intent of Section 1504. [read post]
25 May 2012, 8:52 am
On April 20, 2012, the Nortel Networks UK Pension Trust Limited (the “Trustee”), as Trustee of Nortel Networks UK Pension Plan, and the Board of the Pension Protection Fund (the “Board,” together with the Trustee, the “Petitioners”) petitioned the United States Supreme Court to review the Third Circuit’s ruling in In re Nortel Networks Inc., 669 F.3d 128 (3d Cir. 2011), that the “police power” exception to the… [read post]
25 May 2012, 8:51 am
Board of the Pension Protection Fund (“PPF”) filed contingent and unliquidated joint proofs of claim against the U.S. debtor in the United States Bankruptcy Court for the District of Delaware on account of the potential liability under the NNUK Pension Plan. [read post]
24 May 2012, 12:00 pm by Lucas A. Ferrara, Esq.
We remain one of strongest pension funds in the country, providing retirement security to more than one million New Yorkers. [read post]
23 May 2012, 3:07 pm by Cynthia Marcotte Stamer
Money Purchase Pension Plan, Western Mixers Inc., its owners and officers will pay a total of $1,287,901 to the company’s pension plan, plus a 20 percent penalty to the Department of Labor. [read post]
17 May 2012, 8:54 am by admin
  No money to pay the poor tax   In addition, the ECB could withhold needed funds from Greek banks, bringing them down. [read post]
16 May 2012, 7:56 am by admin
  He has demanded a reversal of salary and pension cuts imposed by the bailout, as well as the hiring of 100,000 new public sector workers to reduce the impact of a 21% unemployment rate. [read post]
15 May 2012, 3:11 pm
Morgan Chase & Co. is Revived by Appeals Court, Institutional Investor Securities Blog, June 29, 2011 JP Morgan Chase To Pay $150M to Settle Securities Lawsuit Over Lending Program Losses of Union Pension Funds, Stockbroker Fraud Blog, March 26, 2012 [read post]
14 May 2012, 1:19 pm by Todd Ruger
"We need a tough cop on the beat so that no one steals your purse on Main Street or your pension on Wall Street. [read post]
At the PCAOB hearings, various investor advocates and pension funds argued in favor of mandatory rotation. [read post]
14 May 2012, 6:10 am by Bill Raftery
May 17 May 18 New Jersey Legislative Pension and Health Benefits Review Commission AB 168 Increases statutory mandatory retirement age for Supreme Court Justices, Superior Court Judges, Tax Court Judges, Administrative Law Judges, Workers’ Compensation Judges and County Prosecutors from 70 to 75. [read post]
13 May 2012, 5:26 am by Legal Beagle
The Council, which is now cutting posts & public services across the Borders is expected to lose more than £3 million pounds on its investment and that the final payment (if indeed any payments are made) of its expected return is not due until October, 2018. [read post]
13 May 2012, 5:26 am by Legal Beagle
The Council, which is now cutting posts & public services across the Borders is expected to lose more than £3 million pounds on its investment and that the final payment (if indeed any payments are made) of its expected return is not due until October, 2018. [read post]
11 May 2012, 3:23 pm by Colin O'Keefe
Head of the Pensions and Employee Benefits Practice in the Toronto office of Baker & McKenzie LLP, Walwyn has represented pension funds, boards of trustees, plan administrators and internal pension committees on pension and other employee benefits matter. [read post]
Once restricted to a small number of super-wealthy “sophisticated investors,” they now receive hundreds of billions of dollars from public and private pension plans acting as fiduciaries for school teachers, truck drivers, construction workers, first responders and others whom we have lately come to call “the 99 percent,” who share little in common with fund managers stocking the Forbes 400 list. [read post]