Pensions

Chris Christie, a Republican with less than 11 months left as New Jersey’s governor, must find a way to balance his final state spending plan after cutting taxes, pledging a higher pension contribution and disclosing a revenue shortfall.

With President Trump focused on healthcare reform and the DOL stepping up audits, advisers and employers should monitor plans closely.

It has cost the California Public Employees’ Retirement System about $900 million since September to reduce its exposure to stocks and private equities as the largest U.S. pension fund sought to reduce risk in its portfolio.

Chief investment officer says internal management gives taxpayers ‘a great deal.'

Despite a post-election rally on Wall Street, Willis Towers Watson analysis finds that companies remain slow to fully contribute to their plans.

The funds lack transparency and offer a “questionable” balance of risk and reward, according to the head of ABN Amro Group NV’s 26.2 billion-euro pension pot, which hasn’t invested in the industry for at least 12 years.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Despite a post-election rally on Wall Street, Willis Towers Watson analysis finds that companies remain slow to fully contribute to their plans.

Many pension plans are facing financial woes, with many of them reducing pension payouts to their beneficiaries.