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MONEY
Your money: Women who retire early can miss out
Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer. The obvious solution is to mak...
MONEY
Battered by Great Recession, underfunded public pensions to persist
Ten years on from the financial crisis, many U.S. state and local public pension systems are still the worse for wear. Investment returns have been uneven and funding l...
MONEY
Houston reaches $40 million settlement with pension actuary
Houston has settled litigation with a firm over its actuarial work for the city's retirement funds dating back more than two decades, Mayor Sylvester Turner's office announced o...
FINANCE-BANKS
Goldman Sachs CEO calls reports of pending retirement 'wishful'
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday a recent media report speculating about his possible retirement this year was wishful thinking, but conc...
AEROSPACE AND DEFENSE
More funds spurn nuclear arms, financing still strong: report
The number of pension funds and asset managers that refuse to invest in nuclear armament makers appears to be growing, although financing is still abundant, an annual survey by ...
MONEY
Exclusive: Investment star Alan Howard's comeback hits headwind
A fund managed directly by Alan Howard, one of Britain’s best known investors, lost nearly 9.0 percent net of fees from May through December 2017, according to information pro...
MONEY
Rising U.S. bond yields offer relief to corporate America's pension plans
The swift rise in U.S. bond yields in February may be whipsawing some stock market portfolios but it may bring relief to corporate America's largest pension plans. For ...
RETIREMENT NEWS
Fidelity's new asset allocation head tasked with stemming outflows
Fidelity Investments has lured an executive from a rival firm to help stem billions of dollars in outflows from its flagship retirement franchise. The mutual fund giant ...
FINANCE-BANKS