Sentences with phrase «with pension trustees»

The question for the finance director who is trying to get the post-deal restructuring finalised is how to deal with pension trustees.

Not exact matches

The Times thinks Hevesi's plea has «provided the best argument» for doing away with the sole trustee model of overseeing the pension system.

«As a fiduciary of the New York City Employee Retirement System for the last 8 years, Scott has worked with his fellow trustees to grow the City's pension funds through prudent investments, improving diversification and ensuring more rigorous assessment of risks to investments such as corporate accountability and violations of environmental regulations.»

To support private sector efforts in expanding access to housing, the Ministry of Finance will partner with banks, pension trustees and securities market players to start a process of developing and deepening the local mortgage and housing finance market to offer affordable mortgages at subsidized interest rate beginning with public sector workers.

As the State University's Rockefeller Institute pointed out in 2014, pension - fund managers and trustees have been embracing «potentially destructive myths and misunderstanding» about the true costs and risks associated with their promises.

«We are pleased to be an investment partner with the Community Preservation Corporation on this shared mission to help revitalize New York's communities and increase the availability of affordable housing,» said New York State Comptroller Thomas P. DiNapoli, trustee of the New York state pension fund.

The New York Times in an 02/04/08 article (Investigation Into Bruno Broadens) claimed that a number of trustees of the pension funds invested with Wright had long time political relationships with Senator Joe Bruno.

New York has often been a beacon of progressive action; that's why we're coming together to call on Comptroller Scott Stringer and pension trustees stand with us on the right side of history.»

Susan Lerner, Executive Director of Common Cause New York, talked to Steve Ference about the recent corruption with the state pension system, saying it's a clear sign New York needs to move away from a sole trustee deciding how the 129 billion dollar fund is invested.

ALBANY, N.Y. (AP)-- The trustee of New York's $ 150.1 billion pension fund has reached an agreement with Cabot Oil and Gas Corp. to disclose what it's doing to reduce risks of hydraulic fracturing, or fracking.

Although elected statewide and with statewide fiscal auditing responsibilities, being the sole trustee of the Common Pension System gives the Comptroller a unique Upstate fiduciary responsibility.

James, a trustee of the city's largest pension fund, said she would introduce a bill prohibiting the city from signing contracts with firms involved in the wall project.

He spoke with satisfaction that the State Pension Fund, over which he is the sole trustee, is now valued at $ 176 billion.

The comptroller is the sole trustee of a $ 184.5 billion pension fund covering more than 1 million government workers and retirees, and oversees an office with more than 2,600 employees that audits state and local governments, administers state government's $ 15 billion payroll, and reviews contracts and issues debt.

For this episode of the podcast we spoke with John Breit, a CBC Trustee, PhD Physicist, and former risk adviser to Merrill Lynch and the New York City Comptroller's Office for the pension funds.

The comptroller is the sole trustee of a $ 184 billion pension fund for more than 1 million public workers and retirees, with the taxpayers on the line to cover shortfalls.

He brings with him experience as a trustee of the massiveNYCERS pension fund and a track record of spearheadingpopulist economic initiatives, including the New York City Taxpayer Receipt, a website that allows constituents totrack their tax dollars.

But DiNapoli, the sole trustee of the $ 192 billion state pension system with a voice in corporate shareholder governance and other matters, said he will use that power to press companies to «seek out sustainable investments and changes in corporate behavior» to keep the Paris accord alive.

THAT NYSUT work with the trustees of all NYSUT member retirement and pension systems to advocate for non-investment in private equity funds that are complicit in and profit from the denial of the right to organize into a union and bargain collectively; and

Under Sedgehill's particular contract, # 1.09 million was owed last year to Lewisham Schools for the Future Ltd, a private company with links to Costain Pension Scheme Trustee Limited, the pension fund of the construction firm Costain, which was involved in the construction of the Channel Pension Scheme Trustee Limited, the pension fund of the construction firm Costain, which was involved in the construction of the Channel pension fund of the construction firm Costain, which was involved in the construction of the Channel Tunnel.

Our customers and clients range from trustees of pension funds who are looking to meet future liabilities with the best performance return possible, to young savers being enrolled for the first time in a workplace pension scheme or setting up an ISA.

Pensions are not assets that vest with the trustee in bankruptcy and are exempt from bankruptcy proceedings.

RBS has agreed a Memorandum of Understanding with the trustee of the Main Scheme of the RBS Group Pension Fund under which it will -LSB-...]

Sarah works with a mix of employer and trustee clients on a range of advisory pension scheme issues.

With the referendum on Britain's membership of the EU just two days away, Professional Pensions addresses what pension scheme managers and trustees should expect in the event of Brexit.

The arrangement, made by the trustee of the pension fund, means that around 40,000 members of the Fund's Old Section will now receive their full pension entitlement through policies with Rothesay Life and Legal & General, which has taken on the liabilities.

working with lenders to protect their position in distressed circumstances where the PPF or trustees of a pension scheme are involved, and

With over 25 years» experience, Kate provides strategic advice to trustees and employers in relation to pension schemes on a wide range of issues.

Although pension schemes will increasingly have one or more professional independent trustees with a broader experience of trusteeships, most will also involve people within the business and nearly all are required to include at least some members of the scheme, often with little knowledge of the strategic issues for the business.

Rosalind also has significant experience in dealing with pensions on transactions, advising trustees, employers, investors and funders on a range of UK and multi-national sales and acquisitions.

Both sides cited cases which stand for the same basic proposition: A beneficiary has a proprietary interest in and is entitled to production of documents relating to advice sought and obtained by a trustee in connection with the administration or management of, for instance, a pension plan, or an estate (see Froese v. Montreal Trust Co. of Canada [1993] B.C.J. No. 1529 (S.C.), aff'd [1993] B.C.J. No. 1847 (C.A.); Re Ballard Estate [1994] O.J. No. 2281 (Gen. Div.)

We have advised on a number of deals where pension liabilities have been apportioned to another group company with the agreement of the pension trustees, including advising alongside a top City pensions practice on a groundbreaking flexible apportionment arrangement structure.

Our online governance solution, developed in association with Bath Actuarial Consulting, is designed to help DB and DC pension scheme trustees with good governance.

On these pages, we list some of the areas in which we support our clients with occupational pension schemes, whether as sponsor, trustee or professional adviser, in either the private or public sectors.

He acts for employers, trustees and members, including on restructuring of schemes, contingent asset arrangements (including for PPF purposes), dealing with the Pensions Regulator and the Pension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas traPension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas trapension aspects of corporate transactions and on overseas transfers.

Businesses are getting better at managing the issues around dealing with the trustee of the pension scheme who has the interests of the scheme and its members front of mind.

Our Employment and Pensions team works with senior HR professionals, Heads of Legal and Finance Directors and pension scheme trustees in the private, public and third sector.

We have worked hard over many years to hone our processes to enable us to offer an accurate and timely service, despite the many challenges that pension trustees often present us with!

Pension Insurance Corporation on a number of its transactions with pension scheme trustees, such as Cadbury, London Stock Exchange and Alliance Unichem, and including on the first all risk insurance structure to include future service liabPension Insurance Corporation on a number of its transactions with pension scheme trustees, such as Cadbury, London Stock Exchange and Alliance Unichem, and including on the first all risk insurance structure to include future service liabpension scheme trustees, such as Cadbury, London Stock Exchange and Alliance Unichem, and including on the first all risk insurance structure to include future service liabilities

Our work has seen us acting as a professional independent trustee on a temporary or permanent basis; as an independent chair of trustees; as trustee to help with the winding up of a pension scheme; and providing secretarial services.

Lord Walker, with specific reference to HF Pension Trustees, said (see para 61):

The Divisional Court has overturned a decision of the Information and Privacy Commissioner requiring the trustees of a construction sector pension plan to provide a rival trade union with confidential financial documents.

(10) Subsection (9) applies, with necessary modifications, to a member of a pension committee or board of trustees that is the administrator of a pension plan and to a member of a board, agency or commission made responsible by an Act for the administration of a pension plan.

Coordinate the accurate administration of monthly pension payments and conduct reconciliation analysis with trustees.