GP 100 panel backs multiple trustees plan

clock • 1 min read

No disagreement here. Every plan sponsor surveyed in the Global Pensions 100 Panel supports the decision by New York state attorney general Andrew Cuomo to create a 13-person board of trustees for the state's pension scheme.

In October, Cuomo proposed eliminating the single trustees system currently used to oversee the US$116bn New York State Common Retirement Fund. As it is now, the pension fund is overseen by the sit...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Why affordable housing is right for DC schemes

Why affordable housing is right for DC schemes

Sian Roberts says the asset class is a strategic, scalable building block for DC portfolios

Sian Roberts
clock 19 January 2026 • 4 min read
ICSWG launches climate investing framework

ICSWG launches climate investing framework

Framework will assist investors in decision making to support real-world change

Martin Richmond
clock 07 January 2026 • 2 min read
ESG progress stalls across UK fiduciary management market

ESG progress stalls across UK fiduciary management market

Just 21% of fiduciary managers were rated ‘green’ in 2025, down from 38% last year

Jonathan Stapleton
clock 07 January 2026 • 2 min read
Trustpilot