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19 May 2023, 11:00 pm
” And the unfortunate thing for the rest of us, is that many of those portfolios were financed, or otherwise supported, by pension funds, and retirement plans, and the hard-earned dollars we, the American taxpayer, mistakenly invested.Richard’s biggest beef with this default countdown is the lack of public attention. [read post]
15 May 2023, 9:01 pm by renholding
In the ISS EVA framework, Capital is defined as all assets used in business operations, net of trade funding from accounts payable and accrued expenses and after adjusting remedy accounting distortions. [read post]
13 May 2023, 1:00 am by David Pocklington
As a temporary expedient to preserve the fabric, Chancellor agreed but PCC within 4 years to submit to the Registry a report on fund-raising to provide for a much longer-lasting solution. [read post]
4 May 2023, 9:05 pm by renholding
Indeed, if one reads ERISA to broadly require that fiduciaries “minimize the risk of large losses,” then investors may violate their duties by avoiding active shareholding with regard to systemic issues.[34] ESG Fund Performance is a Poor Pecuniary Indicator A common argument against ESG funds is that they don’t outperform funds that explicitly lack a sustainability focus.[35] It is true that various meta-analyses undertaken to determine whether ESG… [read post]
22 Apr 2023, 7:16 pm
In early April 2023, Kansas "approved a bill that would prevent the state, its pension fund for teachers and government workers and its cities, counties and local school districts from using ESG principles in investing their funds or in awarding contracts. [read post]
28 Mar 2023, 11:09 am by Mark Ashton
Some did have a private pension of a few dollars a month. [read post]
27 Mar 2023, 9:01 pm by renholding
In notable contrast to prior years, however, the number of crypto unregistered securities cases increased considerably, from just one in 2021 to 16 in 2022. [read post]
24 Mar 2023, 11:46 am
  And yet, the system from of which the principles and assumptions that underlie and shape the Pension Fund Global do not now comprehensively cover all economic activity. [read post]
22 Mar 2023, 2:16 pm by Kevin LaCroix
The March 16, 2023, joint statement of the governors can be found here. [read post]
24 Feb 2023, 3:00 am by Jim Sedor
The money that went to Trump’s legal bills was part of more than $16 million that Save America spent for legal-related payments in 2021 and 2022. [read post]
23 Feb 2023, 10:30 pm by Public Employment Law Press
Ennis announced the arrest of a Georgia resident, Sandra Smith, for allegedly stealing over $450,000  in New York state pension and Social Security payments made to her deceased mother-in-law over a 16-year period. [read post]
23 Feb 2023, 10:30 pm by Public Employment Law Press
Ennis announced the arrest of a Georgia resident, Sandra Smith, for allegedly stealing over $450,000  in New York state pension and Social Security payments made to her deceased mother-in-law over a 16-year period. [read post]
14 Feb 2023, 9:05 am by Kevin Kaufman
Key Findings The federal tax code remains a major source of frustration and controversy for Americans, and a hindrance to economic growth and opportunity. [read post]
9 Feb 2023, 9:05 pm by renholding
For example, some state officials banned the consideration of social or political interests when making investment decisions for state pension funds or have redirected state funds away from large asset managers because these officials claim the companies are prioritising political and social agendas over duties to clients. [read post]
6 Feb 2023, 9:01 pm by renholding
Five Steps to Consider As the Delaware courts have reiterated, there is no checklist of requirements a board must satisfy to fulfil its obligation of oversight.[16] However, we have identified several steps that directors may want to consider as they develop the type of risk governance framework that is contemplated by the post-Marchand line of Caremark cases. [read post]
1 Feb 2023, 9:05 pm by renholding
  Strategic acquirors that have thoughtfully managed their balance sheets and private equity funds that have ample dry powder may be eager to pursue tech (and other) targets that would have previously been out of reach at the much higher valuations many companies enjoyed in 2021. [read post]
1 Feb 2023, 9:01 pm by renholding
”[24] As private companies have gained increasingly large market power and as the pool of accredited investors has expanded – including venture capital, private equity funds, mutual funds, pension funds, and individuals that meet the requisite wealth thresholds – the de facto presumption that accredited investors need no disclosure isn’t panning out. [read post]
31 Jan 2023, 9:49 am by Greg Reed
“The terms ’employee welfare benefit plan’ and ‘welfare plan’ mean any plan, fund, or program which was . . . established or maintained by an employer or by an employee organization . . . to the extent that such plan, fund, or program was established . . . for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, (A) medical, surgical, or hospital care or benefits, or benefits in the event… [read post]
28 Jan 2023, 7:32 am
Firms and funds with acute interest in ESG are adamant that issues such as climate change and human capital management are financially material, albeit non-traditional, issues. [read post]
15 Jan 2023, 12:52 am by Bright!Tax Writers
Qualifying financial accounts include checking, savings, investment, and pension accounts (most of the time). [read post]