Retirement News
CalPERS chief sees volatility until Trump implements plans
SAN FRANCISCO The California Public Employees' Retirement System's chief investment officer advised the pension fund on Monday to prepare for "greater uncertainty and volatility" until U.S. president-elect Donald Trump and Congress implement their policy plans.
CalPERS shared 14 percent of private equity profits with firms
The California Public Employees' Retirement System said on Monday it shared about 14 percent of the profit made on private equity investments in the past year with firms managing the money.
After U.S. election, retirement security heads for a crash
CHICAGO Retirement security already looked like a looming train wreck for most U.S. households before Election Day. Now, the consolidation of Republican control of government threatens to accelerate the crash.
JPMorgan Chase to drop commissions-paying retirement accounts
(The Nov.9 2016 story was refiled to correct the number of advisers affiliated with Commonwealth Financial Network to 1,650 from 7,000 in the seventh paragraph)
Survey finds unity among U.S. young, old in a divisive time
CHICAGO At a moment of sharp national division, here is a bit of good news: young and old are not at one another’s throats in this country.
