It was Stein who first approached former state Comptroller Alan Hevesi's top aide, Hank Morris, about working together to get
pension fund business for clients.
Firms that make such contributions would be barred from getting
any pension fund business for at least two years.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our
business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial,
business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential
for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences
for business aircraft, including the effect of global economic conditions on the
business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals
for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand
for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on
pension plan assets and the impact of future discount rate changes on
pension obligations; 17) our ability to borrow additional
funds or refinance debt, including our ability to obtain the debt to finance the purchase price
for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate
for our additional capital needs or
for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco
business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to
business relationships and other
business disruptions
for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing
business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
COPENHAGEN, Feb 7 - Australia's Macquarie and three Danish
pension funds ATP, PFA and PKA have offered to buy Danish telecoms operator TDC
for 47 Danish crowns per share,
business daily Borsen said on Wednesday, citing several unnamed sources.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving
business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's
funding obligations under defined benefit
pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K
for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Last year the Ontario Teachers
Pension Fund bought one of Spain's largest funeral
businesses from 3i Group, a British private - equity firm,
for # 117m, and increased its stake in a French equivalent.
Among other things, it needs to create — and enforce — mechanisms
for businesses that rely on gig workers to put money into a central pot, which can then be used to
fund portable health insurance,
pensions, and other benefits that people can take with them from job to job.
Rather than paying these
pensions out of current income as it is earned or plowing their earnings back into investment in their own
business, companies take their income and «financialize» it by buying stocks and bonds
for their
pension funds.
Mutual
fund families whose
business includes managing private
pension funds for corporations are subject to the same concern.
MaRS client Wave Accounting Inc., creators of free online accounting software
for small
businesses, has announced the closing of its seed round of financing, led by OMERS through INKEF Capital, the venture capital investment alliance of
pension funds OMERS (Canada) and ABP (the Netherlands).
Prior to that, he served as head of quantitative equity
for ING Investment Management, (doing
business as Voya Investment Management May 1, 2014), building and developing the group and managing more than $ 20 billion in assets with 15 global active, index and enhanced index strategies
for pension funds, variable annuities and mutual
funds.
«To ensure public shareholders are not disadvantaged, any takeover bid would need to be put to a shareholder vote and any recommendation by the board would have to be based on an appropriate premium as well as safeguards
for future probity given past track records of the
businesses controlled by the Murdoch family», said Kieran Quinn, chairman of Britain's Local Authority
Pension Fund Forum (LAPFF).
India offers a host of opportunities
for Canada's mature
pension funds and insurance
business.
If CalPERS (and other government) officials had been listening to the Sage of Omaha a decade ago, they would have heard Warren Buffett excoriate private
businesses and their
pension funds for being wildly too optimistic with their assumptions.
The peak industry group, which represents more than 60,000
businesses across manufacturing, engineering, telecommunications, mining, airlines and related sectors, will caution the Turnbull government against large cuts but call
for careful spending reductions across aged care, health, the
pension system and the public service to
fund a company tax cut as a key priority.
Others - including former
business secretary Vince Cable - suggested that Green was more like Robert Maxwell, famed
for his fraudulent misappropriation of the Mirror Group
pension fund and his mysterious death at sea in 1991.
Meagre take - up rates of
funded schemes, especially among low earners and small
businesses, mean that these alternatives fail to compensate
for the retrenchment in public
pensions.
People
for New York is loosely designed on the concept behind the now - defunct Committee to Save New York, which was
funded by deep - pocketed
business and real estate interests in support of Gov. Andrew Cuomo's top policy proposals (
pension and tax reform, the property tax cap etc.) in the early years of his governship.
State Comptroller Tom DiNapoli went to Israel Saturday
for a week - long trip to conduct
business for New York's
pension fund, his office confirmed.
That means greater disclosure of
business and law clients from legislators» side jobs, a ban on the personal use of campaign
funds, greater safeguards
for per diem reimbursement,
pension forfeiture
for lawmakers convicted of public corruption and greater disclosure by independent expenditure campaign accounts.
Rattner agreed this week to pay $ 6 million and be barred from the financial industry
for two years to resolve allegations made by the Securities and Exchange Commission that he bribed a political consultant to win
business from New York's
pension fund for his former investment firm, the sources said.
In the meantime, candidates
for comptroller should not be allowed to take campaign money from anyone doing
business with the
pension fund.
Also, I believe the chief of staff to the state comptroller referred to here is Jack Chartier, and the «girlfriend» is former «Mod Squad» actress Peggy Lipton,
for whom Chartier sought all sorts of perks from people trying to land
business with the state
pension fund.
A property investor who began his City career at Warburg before a spell running the
pension fund at Courtaulds, Oakeshott runs his own
business OLIM Property managing commercial property portfolios
for pension funds, investment trusts and charities.
The final budget eliminates tax credits
for business, suspends the sales tax exemption on clothing, and allows state and local governments to borrow from the state
pension fund to make required contributions to the same
fund — resulting in a hidden $ 1,300 tax on homeowners outside New York City.
Some expect him to also make an issue that a
pension fund official in DiNapoli's office was charged in 2016 with accepting bribes in exchange
for steering
business to two private brokers.
Once this notice is received, within 15
business days, we will prepare your Statement of Options (
for pension plan only), which will outline the options available
for the
funds accumulated in your plan.
In many cases their private investment counsel service is an outgrowth of their much larger
business of managing money
for institutions like
pension funds.
Anil Ghelani is the
Business Head & Chief Investment Officer
for DSP BlackRock
Pension Fund Managers, since its inception.
Here's my take: it is legal today
for companies to shift their
pension liabilities to life insurance companies in the Terminal
Funding business.
And
for those of you who want to know (because I know you're out there), I pay
for my trips with the proceeds from my consulting
business, part of my disability
pension, and retirement
funds I have been saving
for 20 years.
Investing payroll or
pension funds in the hope that they'll turn a profit - or at least break even - in time
for employee payout is about the slimiest, most despicable practice a
business can do.
The Norwegian Government
Pension Fund,
for example, has investigated and subsequently blacklisted more than 20 forestry companies since 2010 due to concerns over their long - term
business models being unsustainable.
The group has acted
for a broad range of clients including School Districts, developers, builders, local, national and international
businesses,
pension funds, as well as governments, governmental agencies, and lending institutions.
The City firm is acting
for the
Pension Protection
Fund (PPF), reprising a role it has played during previous restructurings of Monarch's
business.
The litigation involves claims by
pension funds or by life companies in respect of their
pensions business for compensation where those claimants have received foreign income dividends which carried no right to a tax credit.
Notable mandates: significant mandate in claims arising out of the construction projects
for Pan Am Games venues; lead law firm providing legal advice and information to
business and homeowners affected by the anticipated Hurontario LRT project in Mississauga; acted
for a large
pension fund in the divestiture of a multiple property industrial portfolio
Chancellor Capital Management / Invesco, Inc. (City, ST) 1995 — 2000 Partner and Managing Director — Institutional Fixed Income • Manage in excess of $ 44 billion, approximately $ 20 billion of which were managed with a total rate of return objective • Focus in mortgage - backed and asset - backed securities • Create and implement strategy
for all MBS and ABS investments
for total rate of return portfolios • Responsible
for risk management including establishing and monitoring appropriate risk levels • Collaborate with CIO in management of all core portfolios benchmarked against the Lehman Aggregate Index • Run weekly strategy meetings defining portfolio construction in conjunction with Investment Policy Committee guidelines • Oversee assets in excess of $ 10 billion including
pension funds, public
funds, and insurance
funds • Conduct client reviews and new
business presentations on a regular basis • Serve as point person
for key strategic partnerships based out of New York
Professional Duties & Responsibilities Served as operations manager
for $ 7 billion wealth management firm Oversaw 75 employees and approximately 15,000 client accounts Restructured new account operations reducing expenses by $ 120,000 annually Implemented new procedures
for trading, marketing, and new account operations increasing company efficiency by 200 % Processed new accounts, terminations, transfers, and account registration changes
for individual taxable accounts, trusts, IRA's,
pension plans, endowments, foundations, and Taft - Hartley plans Created and ran performance, tax, and cost basis reports Oversaw SEC compliance and performance reporting
for numerous
funds Generated significant new client accounts and provided quality customers service ensuring repeat
business and customer satisfaction Created marketing and sales collateral
for company presentations Assisted in creation of client relationship and project management software Aided Federal Department of the Treasury
for money laundering in the Financial Crimes Enforcement Network
For example, they are taking an increasingly larger share of the regional mall
business, which has long attracted private institutional investors like
pension funds and foreign buyers.
Commercial Mortgages Group («CMG») provides customized loan servicing solutions
for pension funds, life insurers, banks and other institutional lines of
business with total assets under administration in excess of $ 5B.
Named to this role in 2012 in conjunction with MetLife's launch of its real estate asset management
business, Wilsmann is responsible
for leading MetLife's $ 20 billion direct property investment platform, investing on behalf of the MetLife General Account as well as institutional investors including public and private
pension funds and sovereign wealth
funds.
MCAP provides customized loan servicing solutions
for pension funds, life insurers, banks and other institutional lines of
business.
Investors in loans on commercial real estate — insurance companies,
pension funds and Wall Street firms — continued competing
for business in January, squeezing spreads between interest rates on commercial mortgages...