Not-for-profit pension plans

News and video about Not-for-profit pension plans from Pensions & Investments

  1. U.K.’s Civil Aviation Authority pension fund does £1.6 billion buy-in

    trueCivil Aviation Authority Pension Scheme, London, completed a £1.6 billion ($2.5 billion) buy-in with Rothesay Life.

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  1. United Church of Christ to divest from companies profiting from Israeli occupation

    trueUnited Church of Christ on Tuesday adopted a resolution calling for divestment from companies that profit from the Israeli occupation of the West Bank and Gaza, a measure that would affect the $3.3 billion in assets of the Pension Boards-United Church of Christ Inc., New York.

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  2. United Nations seeks custodian for pension fund, endowment

    trueUnited Nations Investment Management Division is searching for a global custodian and master record keeper for its pension fund and endowment.

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  3. Ascension class-action settlement proposed in church plan lawsuit

    truePlan participants challenging Ascension Health Alliance's church plan status have agreed to settle, according to preliminary settlement documents filed May 7.

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  4. Church of England divests from thermal coal, tar sands companies

    trueThe Church Commissioners and The Church of England Pensions Board, London, will divest £12 million ($17.9 million) of exposure to thermal coal and tar sands.

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  5. Law Society of Scotland taps Punter Southall for DB services

    trueLaw Society of Scotland hired Punter Southall to provide actuarial, administration and investment services for its pension fund.

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  6. Louisiana Parochial Employees boosts fixed income, alternatives at expense of equities

    trueLouisiana Parochial Employees’ Retirement System, Baton Rouge, increased allocations to fixed income and alternatives while decreasing its allocation to public equities, said Troy Searles, chief investment officer.

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  7. BP America CIO leaves for post with American Red Cross

    trueGregory T. Williamson, Chicago-based chief investment officer of BP America Inc. and director-trust investments, the Americas, BP PLC, was named CIO of the American Red Cross.

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  8. Exxon Mobil to disclose sustainability metrics in setting executive pay

    trueWespath Investment Management, the investment division of the Glenview, Ill.-based $21 billion General Board of Pension and Health Benefits of The United Methodist Church, agreed to withdraw a shareholder proposal at Exxon Mobil Corp. after the company agreed to disclose sustainability-related ...

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  9. United Nations pension fund seeks to fill 2 investment positions

    trueThe United Nations is searching for an investment management director and a European equities investment officer for the $52 billion United Nations Joint Staff Pension Fund, New York.

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  10. European Central Bank taps Deloitte as pension fund actuary

    trueEuropean Central Bank hired Deloitte Consulting in Germany as actuary for its ECB Pension Funds.

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  11. University of Leicester picks Barnett Waddingham as pension fund consultant

    trueUniversity of Leicester Pension & Assurance Scheme hired Barnett Waddingham as investment consultant.

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  12. Hartford HealthCare taps 6 managers in active management shift

    trueHartford HealthCare, Hartford, Conn., is rebalancing about one-third of its $3 billion in pension, endowment and insurance assets to increase active management and reduce the number of external managers it uses, said David Holmgren, chief investment officer.

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  13. Society of Actuaries: Expect long-term increase to minimum required contributions

    trueMinimum required contributions for private-sector defined benefit plans have dipped in recent years, but are poised to rise again in the long term, the Society of Actuaries said.

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