Sentences with phrase «faced by pension funds»

Critics have suggested that problems faced by pension funds have been overstated, and that the picture is rosier than depicted by the conservative groups in particular that have raised alarms about public pensions.

Not exact matches

Retirees are facing problems very similar to the average pension fund: In addition to not having enough cash contributions to keep up with the costs of aging, their returns have been hurt by interest rates that have been too low for too long.

Among the things that prompted the creation of the inquiries were: financial difficulties facing DB pension plans and related concerns about DB funding rules; long simmering and unresolved legal issues, the most prominent of which revolve around the use of surpluses in DB plans; ambiguity about how EPP regulations apply to new hybrid plans; a lack of harmonization among Canadian regulatory laws; and declining coverage by EPPs in general and DB plans in particular.

By the same token, he says, private equity firms face stiff competition from strategic buyers and a growing number of other financing options, including pension funds, family offices, sovereign wealth funds and special purpose acquisition corporations (SPACs).

The continent's pension funds, meanwhile, face a tougher challenge paying for their members» retirement, as early September saw the world's first negative - yielding corporate bonds, issued by French pharmaceutical firm Sanofi and German cement maker Henkel.

And it doesn't even begin to address the real problem — the $ 7 trillion funding gap faced by the government's own pensions.

A Brazilian businessman involved in the acquisition of farmland by US, Canadian, German and Swedish pension funds could face criminal charges for land grabbing.

The board of directors of Las Vegas - based Wynn Resorts is facing mounting lawsuits from shareholders — including the NYS pension fund — who allege they breached their fiduciary duties when they ignored what has been described as a longstanding pattern of sexual abuse and harassment by the company's founder, Steve Wynn.

They are not covered by the Pension Protection Fund, as it only came into force in May 2005, and are facing a lean retirement despite making up to 30 years of contributions.

The National Audit Office has found, however, that schools are facing budget cuts of # 3 billion by 2020 because funding was not keeping pace with an increased number of pupils and rising costs of national insurance and pension contributions.

The details were daunting: the budget deficit was projected to reach nearly half a billion dollars in three years; a district audit showed LA Unified debt outstripped assets by $ 4.2 billion; unfunded pensions topped $ 13 billion and have more than doubled since 2005; per - pupil funding had doubled but the district still faces financial crisis; and plans for a turnaround included boosting enrollment but not cutting staff.

Now, missing your funding target for eight years at 5 % / yr or so is serious stuff, and this is a problem being faced by DB pension plans and individuals today.

The resolution, backed by investors including Co-operative Asset Management of the UK, and Calpers and Calstrs, the California state pension funds, is on the face of it quite uncontroversial.