Pension

Buck to host webinar on post-Roe implications to health benefits, HR communications

Retrieved on: 
Monday, July 25, 2022

NEW YORK, July 25, 2022 /PRNewswire/ -- Buck , an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm will host a webinar on " The implications for health benefits and HR communications in a post-Roe workplace ," on Wednesday, July 27, 2022, from 1 p.m.

Key Points: 
  • NEW YORK, July 25, 2022 /PRNewswire/ -- Buck , an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm will host a webinar on " The implications for health benefits and HR communications in a post-Roe workplace ," on Wednesday, July 27, 2022, from 1 p.m.
  • The webinar will focus on implications of the recently released Supreme Court decision in Dobbs v. Jackson Women's Health Organization, which allows each state to decide whether and how to restrict or ban abortion.
  • Buck is an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm.
  • Founded more than 100 years ago as an actuarial consultancy, we've evolved to serve organizations and trustees across the health, wealth, and career spectrum.

Unifor reaches tentative agreements with six casino units

Retrieved on: 
Saturday, July 23, 2022

"It has been a very difficult period for casino workers and these tentative agreements are a step in the right direction."

Key Points: 
  • "It has been a very difficult period for casino workers and these tentative agreements are a step in the right direction."
  • Signed agreements include Great Blue Heron Casino, Casino Woodbine, Shorelines Casino Thousand Islands, and Shorelines Casino Peterborough, security workers at Elements Casino Mohawk, and Elements Casino Brantford.
  • Unifor Local 1090 represents approximately 1,500 gaming workers at six GCGC properties: Great Blue Heron Casino , Casino Woodbine , Pickering Casino Resort , Casino Ajax , Shorelines Casino Thousand Islands , and Shorelines Casino Peterborough .
  • Local 504 also represents 275 workers at Elements Casino Mohawk (slots) and Elements Casino Flamboro with collective agreements that expire in fall 2022 and spring 2023 respectively.

Casino negotiations likely to go down to the wire

Retrieved on: 
Friday, July 22, 2022

We anticipate talks will go down to the wire tonight."

Key Points: 
  • We anticipate talks will go down to the wire tonight."
  • Six of the eight GCGC properties are poised to strike at 12:01 a.m. Saturday if no agreement is reached.
  • Unifor Local 1090 represents approximately 1,500 gaming workers at six GCGC properties: Great Blue Heron Casino , Casino Woodbine , Pickering Casino Resort , Casino Ajax , Shorelines Casino Thousand Islands , and Shorelines Casino Peterborough .
  • Local 504 also represents 275 workers at Elements Casino Mohawk (slots) and Elements Casino Flamboro with collective agreements that expire in fall 2022 and spring 2023 respectively.

The Standard Names Jason Burlie Vice President, Head of Sales for Retirement Plans

Retrieved on: 
Friday, July 22, 2022

The Standard announced today that Jason Burlie has been named vice president and head of Sales for Retirement Plans.

Key Points: 
  • The Standard announced today that Jason Burlie has been named vice president and head of Sales for Retirement Plans.
  • Burlie will have direct responsibility for The Standards retirement plans distribution and market development strategies.
  • View the full release here: https://www.businesswire.com/news/home/20220722005035/en/
    Jason Burlie, vice president and head of Sales for Retirement Plans at The Standard.
  • (Photo: Business Wire)
    Prior to joining The Standard, Burlie served in various sales leadership roles at Prudential Financial and most recently was head of retirement plans sales and strategic relationships.

Accidental Death Insurance Global Market Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 21, 2022

The "Accidental Death Insurance Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Accidental Death Insurance Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Major players in the accidental death insurance market are Allianz, Assicurazioni Generali, China Life Insurance, MetLife, PingAn, AXA, Sumitomo Life Insurance, Aegon, Dai-ichi Mutual Life Insurance, and CPIC.
  • The accidental death insurance market consists of sales of accidental death insurance.
  • The accidental death insurance market is being restrained by a low awareness about life insurance including accidental death insurance.

Yang Xiaosong of Southern Asset Management: Full support is rendered to the third pillar construction for sustainable pension development

Retrieved on: 
Thursday, July 21, 2022

The Opinions on Pushing Forward Private Pension Funds Development issued in April 2022 specified the detailed rules for developing the third pillar.

Key Points: 
  • The Opinions on Pushing Forward Private Pension Funds Development issued in April 2022 specified the detailed rules for developing the third pillar.
  • In China, pensions managed by mutual fund managers have reached RMB4 trillion, accounting for 50% of Chinas total entrusted pension investments.
  • A scientific and diversified asset allocation is the key to sustainable and solid returns on underlying assets.
  • Sustainable, high-quality development of society is a key to long-term returns on pension investment.

Credicorp Ltd.: Credicorp’s “2Q22 quiet period”

Retrieved on: 
Wednesday, July 20, 2022

Lima, July 20, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, July 20, 2022 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 2Q22s earnings release on July 27.

Key Points: 
  • Lima, July 20, 2022 (GLOBE NEWSWIRE) -- Lima, PERU, July 20, 2022 -- Credicorp (NYSE: BAP) announces that in accordance with its corporate disclosure policies and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for 2Q22s earnings release on July 27.
  • This period will end on the date of the release, August 11.
  • During the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related questions.
  • Credicorp Ltd. (NYSE: BAP) is the leading financial services holding company in Peru with presence in Chile, Colombia and Bolivia.

Equable Institute Analysis Finds State and Municipal Pension Funds Facing Largest Single-Year Decline in Funded Ratio Since the Great Recession

Retrieved on: 
Wednesday, July 20, 2022

NEW YORK, July 20, 2022 /PRNewswire/ -- State and municipal retirement systems are on track to lose nearly half of 2021's once-in-a-century investment returns in 2022, according to Equable Institute's annual State of Pensions report. Following a year of record investment gains and economic growth, unfunded liabilities dipped below $1 trillion in 2021, bringing the aggregate funded ratio to 84.8%, the analysis finds. However, Equable estimates that the aggregate funded ratio for U.S. public pension funds will decline to 77.9% in 2022 and unfunded liabilities will increase to $1.4 trillion — the largest single-year decline in funded ratio since the Great Recession.

Key Points: 
  • However, Equable estimates that the aggregate funded ratio for U.S. public pension funds will decline to 77.9% in 2022 and unfunded liabilities will increase to $1.4 trillion the largest single-year decline in funded ratio since the Great Recession.
  • A -10.4% investment return for U.S. public pensions in 2022 has erased nearly half the funded ratio gains of 2021.
  • In the first half of 2022, U.S. public pension funds have weathered a bear market, geopolitical conflict, and record inflation.
  • Equable is a bipartisan non-profit that works with public retirement system stakeholders to solve complex pension funding challenges with data-driven solutions.

McNeill Hotel Company Forms Joint Venture Investment Partnership with Prospect Ridge; Will Operate Under McNeill Investment Group (MIG) Corporate Umbrella

Retrieved on: 
Tuesday, July 19, 2022

McNeill Investment Group Executive Chairman Phillip H. McNeill, Jr. made the announcement.

Key Points: 
  • McNeill Investment Group Executive Chairman Phillip H. McNeill, Jr. made the announcement.
  • Property management assignments will continue to be organized under McNeill Hotel Company, with the Prospect Ridge joint venture and McNeill Hotel Company units of newly formed McNeill Investment Group (MIG).
  • This is a landmark day in the history of our company, said Phillip H. McNeill, Jr.
  • When Mark Ricketts and I began McNeill Hotel Company, one of our original goals was to create a company that would be attractive to institutional investors.

Kayne Partners Closes Latest Growth Equity Fund

Retrieved on: 
Tuesday, July 19, 2022

Kayne Partners (KPF), the growth private capital strategy of Kayne Anderson Capital Advisors, L.P. (Kayne Anderson), today announced that it has closed on over $600 million of new capital for its growth platform, bringing the strategys total assets under management to over $1.2 billion.

Key Points: 
  • Kayne Partners (KPF), the growth private capital strategy of Kayne Anderson Capital Advisors, L.P. (Kayne Anderson), today announced that it has closed on over $600 million of new capital for its growth platform, bringing the strategys total assets under management to over $1.2 billion.
  • This includes the closing of its fifth equity fund, Kayne Partners Fund V, L.P. (KPF V), co-investment capital, and the newly launched Kayne Partners growth credit platform.
  • KPF V, which is the largest Kayne Partners growth capital fund raised by Kayne Anderson to date, received strong support from both existing and new investors that include a diverse group of family offices, former KPF CEOs, entrepreneurs, strategic institutional investors, pensions, and high-net-worth individuals.
  • Kayne Partners, the Los Angeles-based dedicated growth capital strategy of Kayne Anderson Capital Advisors, L.P., is a leading provider of equity and debt capital solutions and connections to privately held, high-growth, enterprise software and tech-enabled service businesses in North America.