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Retirement News


More funds spurn nuclear arms, financing still strong: report

GENEVA The number of pension funds and asset managers that refuse to invest in nuclear armament makers appears to be growing, although financing is still abundant, an annual survey by anti-nuclear campaigners said on Wednesday.


Exclusive: Investment star Alan Howard's comeback hits headwind

NEW YORK A fund managed directly by Alan Howard, one of Britain’s best known investors, lost nearly 9.0 percent net of fees from May through December 2017, according to information provided to Reuters by a spokesman for two New York City employee pension funds.


Rising U.S. bond yields offer relief to corporate America's pension plans

NEW YORK The swift rise in U.S. bond yields in February may be whipsawing some stock market portfolios but it may bring relief to corporate America's largest pension plans.

Fidelity's new asset allocation head tasked with stemming outflows

BOSTON Fidelity Investments has lured an executive from a rival firm to help stem billions of dollars in outflows from its flagship retirement franchise.


New York plan puts spotlight on graying of U.S. prison population

CHICAGO Does it make financial and moral sense to keep elderly people in prison? The state of New York is asking that question this month, and the debate there should be a harbinger of a much-needed national conversation.