CalPERS Gives Rating Agencies an FFF

In a new lawsuit, California's state pension fund blames the 'issuer pay system' at the top three rating agencies for part of its investment losses last year.

‘Smart,’ from UK, Enters the US PEP Market

'Smart' is the recently-launched American branch of a British fintech with expertise in a kind of retirement savings plan that's called a 'master trust' in the UK and a 'pooled employer plan' or PEP in the US. RIJ interviewed two of its top executives.

Research Roundup

Almost every controversial subject in the US today--from Fed policy to machine learning to immigration--contains an element or theme related to retirement policy. The articles reviewed in this month's Research Roundup are proof of that.

‘iTDFs’ Smooth the Bumps of Retirement Income

A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.
Featured

Martin Weiss on the CalPERS Suit

There have been 'egregious manipulations and conflicts of interest that go beyond what is generally known,' Weiss told RIJ.
News

Insecurity Grows Among Retirees

LIMRA's survey shows an increase in the numbers of retirees who feel they need a personal financial advisor.

Crisis Investigators Appointed

Brooksley Born, who warned about the impending crisis while head of the Commodities Futures Trading Commission, is among the sleuths.