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US
US - The California State Teachers' Retirement System (CalSTRS) has approved proposals to add a risk overlay strategy across its $146.4bn portfolio.
11 February 2011
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US
US - New Jersey's voters back firing workers, freezing wages and cutting pensions in a poll released the day after Standard & Poor's cut the state's bond rating because of underfunded retiree and health-care liabilities.
10 February 2011
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US
US - The California State Teachers' Retirement System (CalSTRS) will today decide whether to introduce a risk overlay strategy across its $146.4bn portfolio.
10 February 2011
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US
US - The Pension Benefit Guaranty Corporation has reached an agreement with truck manufacturer PACCAR which has resulted in an employer contribution of $8m.
10 February 2011
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US
US - New Jersey Governor Chris Christie said he doesn't mind breaking promises to pensioners to close a $10.5bn budget deficit - even if they sue.
02 February 2011
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North America
US/CANADA - UK risk management firm PensionsFirst has launched a new division to provide advanced risk management services to public and private sector pension plans in North America.
02 February 2011
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Greece
GREECE - Greek telecom operator Hellenic Telecommunications Organisation (OTE) has said it will have to book a €129.8m ($179m) pensions cost charge to its 2010 accounts following an actuarial study by the Greek government.
02 February 2011
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Global
GLOBAL - The world's leading sovereign wealth funds have been forced to reassess their investment strategies and risk management in the wake of turbulent financial markets, research by State Street Global Advisors (SSgA) shows.
01 February 2011
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Industry
Towers Watson has completed its acquisition of consulting and software company EMB.
01 February 2011
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United Kingdom
UK/US - Towers Watson has completed its acquisition of consulting and software company EMB.
01 February 2011
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