Public pensions
'To protect its sterling image, and its share price, Goldman made false statements that it always acted in its clients’ best interest and carefully managed its conflicts,' said...
The Case for Collaboration among State-Sponsored Savings Plans
The authors of this article, Angela M. Antonelli, director of the Georgetown University Center for Retirement Initiatives (pictured), J. Mark Iwry, a Brookings Institution fellow, and David C. John,...
Public pensions suffer in 4Q2018
'For plans in which benefits paid out exceed contributions coming in, (fourth quarter losses are) difficult news, as investment returns are critical to slow the outflow of funding,' a...
With new pension policy, California links retirement income to global warming
Senate Bill 964, which was passed last week, requires CalPERS and CalSTRS to identify climate risk in their portfolios and report on that risk to the public and to...
In Canada, ‘LIFE’ Begins at 85
Bonnie-Jeanne MacDonald (right or below), a research fellow at Toronto's Ryerson University, proposes a voluntary, tontine-like deferred income annuity called Lifetime Income for the Elderly (LIFE). Canadians could make...