Study: Most state pension plans paper over unfunded liabilities

An analysis of state pension plans from across the country finds that the already troubling state of pension finances may be even worse than it first appears because many pension managers are making their plan's financial ...

S. Korea's ex-health minister guilty of swaying Samsung vote

South Korea's former health minister was convicted on Thursday of pressuring the country's pension fund to support a controversial Samsung merger, in one of the first rulings on key players in the corruption scandals that ...

Divest from fossil fuels, plead faith leaders

Faith group leaders, supported by Nobel Peace Prize laureates Desmond Tutu and the Dalai Lama, called Thursday on sovereign wealth and pension funds to pull out from fossil fuel investments.

Pension benefits may not be effective tool for teacher retention

Fifteen years ago, in an effort to improve teacher benefits, St. Louis Public Schools enacted a change to the defined-benefit pension plan that resulted in an immediate and dramatic increase in the incentives to remain teaching ...

Many underestimate financial loss due to poor arithmetic

Anyone who has lost out on an investment in recent weeks - from pension funds and stocks to the housing rental market and currency exchange - may have lost more than they realise, according to new research from the University ...

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