Abu Dhabi: The Abu Dhabi Pension Fund on Tuesday announced that private sector companies in the emirate can apply to postpone paying pensions over the next three months. The decision, which was passed by the group’s board of directors, is open to 1,154 private entities that are registered to the fund, with those companies able to submit their
Here's the lesson in private-sector pension funding you didn't know you needed. ...
Rajasthan, which
Dearness Allowance News: There is no provision to provide Dearness Allowance (DA) private sector pensioners covered by the Employees Pension Scheme (EPS), according to the Finance Ministry. Replying to a query in Rajya Sabha, Union Minister of State for Finance Anurag Thakur said on Tuesday, "As informed by Ministry of Labour and Employment,
Cosatu is already in talks with the government over its offer for state workers' pension savings to be used to cut Eskom's R450 billion debt by R250 billion, although a number of unions are opposed to this. ...
Cape Town - President Cyril Ramaphosa on Tuesday signalled his agreement with Finance Minister Tito Mboweni's recent suggestion that private pension funds be committed, alongside the Government Employees Pension Fund, to reduce Eskom's debt. "We will obviously like the private sector to also put their money into Eskom. And obviously their
"We are looking forward to a separate trust for only private sector pension funds. There is a suggestion in the amendment that we have proposed that there can be more than one trust also. It may be so... ...
PSP Investments' has been adding farms across Australia to its portfolio, and its pending acquisition of Webster Limited could make it one of the largest holders of water rights in the Murray-Darling Basin. ...
The Quebec finance minister on Tuesday declined to create a new insurance program for pensioners whose former companies have gone bankrupt. ...
The Congress of South African Trade Unions, a key ruling party ally, is pushing senior members of government to consider its proposals to rescue the state’s indebted power utility before next month’s budget. ...
The union has also made other proposals to aid Eskom. ...
(Bloomberg) — The conventional wisdom says that retail investors should steer clear of the fast-growing market for illiquid private debt. Yet Ninepoint Partners’ Ramesh Kashyap and a small but growing number of money managers are selling a very different message — one that, perhaps in a sign of the times, appears to be resonating.
Rhode Island General Treasurer Seth Magaziner today announced that the State Investment Commission has voted to approve his proposal to pull pension fund investments in companies that manufacture assault-style weapons for civilian use or operate private for-profit prisons. 'Assault weapons and for-profit prisons have caused too much pain for
"Assault weapons and for-profit prisons have caused too much pain for countless Americans, including many Rhode Islanders,” says General Treasurer Seth Magaziner. ...
Why are public
The head of buyouts at one of Canada’s largest pension plans says the amount of cash it plans to invest in private equity will double to around C$30bn in the next 10 years. Mark Redman, global head of private equity at Ontario Municipal Employees Retirement System, says the pension plan expects total assets under management to increase from C$100bn
Pension funds are the ocean liners of global markets. In the US alone, state and local retirement funds have $4.57 trillion (Dh16.78tn) in assets. Across the developed world, the pool of money is close to $30 trillion. That means any change in their investment allocation, no matter how incremental, can create a seismic shift in certain corners of
Only six in 10 Irish workers have some form of private pension savings, according to new data published by the Central Statistics Office. The report shows that people continue to leave it late to start saving for retirement. The CSO figures show that fewer than one in five workers under the age of 25 had any private pension in place.
Arizona's $41 billion State Retirement System is looking to dedicate one out of every six dollars it manages to direct lending -- more than five times the industry average -- in a move some see as a harbinger of what's to come for the booming asset class. Investors have plowed hundreds of billions of dollars into private-credit funds in recent
Arizona's move follows a similar one by the Teachers Retirement System of Illinois. (Bloomberg) — Arizona’s $41 billion State Retirement System is looking to dedicate one out of every six dollars it manages to direct lending -- more than five times the industry average -- in a move some see as a harbinger of what’s to come
The National Pensions Regulatory Authority (NPRA) has said it will not postpone the migration of lump
Bucharest, December 13th, 2019 - The value of total assets under administration, at the level of the entire private pension system, reached 61.53 billion lei (12.95 billion euros), as of September 30, 2019, up 24.04% from December 2018. The share of private pensions in Gross Domestic Product was, at the end of September 2019, 6.22% compared to
Canadian pension funds are looking to tap the private debt space in India where a prolonged credit crunch is hampering the ability of companies to raise funds from traditional lending sources. That includes Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB), which according to a 5 December report by Mint, plans to
The Hawaii Supreme Court today
The Hawaii Supreme Court today appointed an independent special master to consider which inmates in the state’s jails and prisons should be released as a measure to combat the spread of the coronavirus outbreak. ...
A retired FDNY battalion chief, who lost his son during the 9/11 terror attacks, has died
Families in Sarnia are growing more concerned as a COVID-19 outbreak continues at a local retirement home. ...
Former welterweight world champion Amir Khan does not know if he will box again. Khan has twice earned world titles in the 147lbs division and won an Olympics silver medal at Athens 2004 when in the amateur ranks. The 33-year-old last fought in July 2019 when he defeated Billy Dib in Saudi
Amir Khan has hinted at retirement, questioning whether he will ever fight again believing another loss could ruin his entire legacy. ...
Retired CPD Officer Mark Mattozzi came up with started making face shields Saturday. He’s made more than 400 so far. | Getty Images “I can make one in under a minute,” retired Officer Mark Mattozzi said. “I’ll make them until my fingers fall off.” A
Clark County is reaching out to retired health care professionals to help fight the coronavirus pandemic, calling for volunteers to join through the Medical Reserve Corps of
BOULDER, Colo., April 2, 2020 /PRNewswire/ -- Ball Aerospace recently delivered a cryostat to the University of Arizona for NASA's Galactic/Extragalactic Ultralong-Duration Balloon Spectroscopic Terahertz Observatory (GUSTO), a long-duration balloon mission that will map out parts of the Milky Way and Large Magellanic Cloud galaxies to determine
Sean Payton is a "big dummy."Those are his words, not a commentary,
PZ Cussons has stripped its boss of retirement cash after they found his behaviour had
COLUMBIA, Md. (WJZ) — A Howard County retirement community is taking a number of steps following the death of one of its residents last weekend from COVID-19. Memos sent to residents at the Residences at Vantage Point say the victim’s symptoms surfaced quickly. He was taken to a hospital where he died. CORONAVIRUS RESOURCES:
Though expected, the cancellation of this year's Wimbledon for the first time since the Second World War caused an outpouring of emotion among tennis fans. Strawberries and cream, Pimm's, Tim Henman, Sue Barker... it's all on hold until 2021 as the coronavirus crisis continues to decimate the sporting calendar. Though such sentiments are secondary
Trump declares major disaster in Virginia, providing federal funding for coronavirus response Outer Banks residents angered by out-of-state license plates; people caught trying to sneak past checkpoints At least 120 restaurants in Hampton Roads have closed to wait out the
Payments: PZ Cussons boss Alex Kanellis PZ Cussons has stripped its boss of retirement cash after they found his behaviour had
You now have until July 15 to file your federal income taxes. The new three-month extension also benefits retirement savers. Taxpayers get more time to max out contributions to certain retirement and health accounts. They also have three more months to pay certain tax penalties from last year. Here’s what to know.More time to contribute You get an
A retired Gallatin Fire Department captain is one of Sumner County’s first casualties in the fight against the fatal respiratory disease COVID-19. The disease is caused by a highly contagious coronavirus that has left nearly every corner of the world untouched. A small percentage of Tennessee’s more than 1,800 confirmed COVID-19 cases have required
Photo courtesy of Friends for Animals of Metro Detroit Facebook Friends for Animals of Metro Detroit Executive Director Elaine Greene (left) announced April 1 that she will retire July 1, and FAMD Director of Development Kim Cross (right) will assume the newly created posts of president and CEO. DEARBORN — Friends for Animals of Metro Detroit
(Inflation means that you’ll probably need to contribute more to your retirement plan than you think. What seems like a healthy amount now is likely to feel smaller and smaller over time. All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful. And
CNBC's "Power Lunch" team discusses retirement savings amid the coronavirus pandemic with Ed Murphy, president and CEO of Empower Retirement. ...
PORTSMOUTH - Walter Allen knew he had some painter’s masks
Retired Gen. Stanley McChrystal urged President TrumpDonald John TrumpBiden campaign: Trump and former vice president will have phone call about coronavirus Esper: Military personnel could help treat coronavirus patients 'if push comes to shove' Schumer calls for military official to act
When Doctors Nova Scotia put out a call for retired physicians to return to work, Dr. Don Pugsley didn’t hesitate to put his hand up. ...
The Hawaii Supreme Court today
The Hawaii Supreme Court today appointed an independent special master to consider which inmates in the state’s jails and prisons should be released as a measure to combat the spread of the coronavirus outbreak. ...
A retired FDNY battalion chief, who lost his son during the 9/11 terror attacks, has died
Families in Sarnia are growing more concerned as a COVID-19 outbreak continues at a local retirement home. ...
Former welterweight world champion Amir Khan does not know if he will box again. Khan has twice earned world titles in the 147lbs division and won an Olympics silver medal at Athens 2004 when in the amateur ranks. The 33-year-old last fought in July 2019 when he defeated Billy Dib in Saudi
Amir Khan has hinted at retirement, questioning whether he will ever fight again believing another loss could ruin his entire legacy. ...
Retired CPD Officer Mark Mattozzi came up with started making face shields Saturday. He’s made more than 400 so far. | Getty Images “I can make one in under a minute,” retired Officer Mark Mattozzi said. “I’ll make them until my fingers fall off.” A
Clark County is reaching out to retired health care professionals to help fight the coronavirus pandemic, calling for volunteers to join through the Medical Reserve Corps of
BOULDER, Colo., April 2, 2020 /PRNewswire/ -- Ball Aerospace recently delivered a cryostat to the University of Arizona for NASA's Galactic/Extragalactic Ultralong-Duration Balloon Spectroscopic Terahertz Observatory (GUSTO), a long-duration balloon mission that will map out parts of the Milky Way and Large Magellanic Cloud galaxies to determine
Sean Payton is a "big dummy."Those are his words, not a commentary,
PZ Cussons has stripped its boss of retirement cash after they found his behaviour had
COLUMBIA, Md. (WJZ) — A Howard County retirement community is taking a number of steps following the death of one of its residents last weekend from COVID-19. Memos sent to residents at the Residences at Vantage Point say the victim’s symptoms surfaced quickly. He was taken to a hospital where he died. CORONAVIRUS RESOURCES:
Though expected, the cancellation of this year's Wimbledon for the first time since the Second World War caused an outpouring of emotion among tennis fans. Strawberries and cream, Pimm's, Tim Henman, Sue Barker... it's all on hold until 2021 as the coronavirus crisis continues to decimate the sporting calendar. Though such sentiments are secondary
Trump declares major disaster in Virginia, providing federal funding for coronavirus response Outer Banks residents angered by out-of-state license plates; people caught trying to sneak past checkpoints At least 120 restaurants in Hampton Roads have closed to wait out the
Payments: PZ Cussons boss Alex Kanellis PZ Cussons has stripped its boss of retirement cash after they found his behaviour had
You now have until July 15 to file your federal income taxes. The new three-month extension also benefits retirement savers. Taxpayers get more time to max out contributions to certain retirement and health accounts. They also have three more months to pay certain tax penalties from last year. Here’s what to know.More time to contribute You get an
A retired Gallatin Fire Department captain is one of Sumner County’s first casualties in the fight against the fatal respiratory disease COVID-19. The disease is caused by a highly contagious coronavirus that has left nearly every corner of the world untouched. A small percentage of Tennessee’s more than 1,800 confirmed COVID-19 cases have required
Photo courtesy of Friends for Animals of Metro Detroit Facebook Friends for Animals of Metro Detroit Executive Director Elaine Greene (left) announced April 1 that she will retire July 1, and FAMD Director of Development Kim Cross (right) will assume the newly created posts of president and CEO. DEARBORN — Friends for Animals of Metro Detroit
(Inflation means that you’ll probably need to contribute more to your retirement plan than you think. What seems like a healthy amount now is likely to feel smaller and smaller over time. All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful. And
CNBC's "Power Lunch" team discusses retirement savings amid the coronavirus pandemic with Ed Murphy, president and CEO of Empower Retirement. ...
PORTSMOUTH - Walter Allen knew he had some painter’s masks
Retired Gen. Stanley McChrystal urged President TrumpDonald John TrumpBiden campaign: Trump and former vice president will have phone call about coronavirus Esper: Military personnel could help treat coronavirus patients 'if push comes to shove' Schumer calls for military official to act
When Doctors Nova Scotia put out a call for retired physicians to return to work, Dr. Don Pugsley didn’t hesitate to put his hand up. ...
Good news for those on Social Security and small businesses was among the focuses of a “telephone town hall” with U.S. Rep. Jaime Herrera Beutler, who was joined by economic and health officials as the congresswoman addressed parts of a $2 trillion COVID-19 relief package the federal government passed late last month. Herrera Beutler, R-Battle
By Norshazlina Nor Azman and Shanika Abdullatib KUALA LUMPUR, April 3 -- Many have probably resigned to the fact that this year’s Iftar (break of fast) during Ramadan could possibly be without the usual array of traditional delicacies, but some non-governmental organisations are backing the move to cancel this year's
SYDNEY (AP) — LaMelo Ball’s bid to be a club owner before making his NBA debut isn’t a done deal, yet. Australia’s National Basketball League issued a statement Friday in response to reports overnight that Ball had bought the Illawarra Hawks, the club south of Sydney where he played 12 games last season. Ball’s business manager, Jermaine Jackson,
NEW DELHI: Leading two-wheeler manufacturers Hero MotoCorp, TVS Motor Company amd Royal Enfield witness significant drop in sales in March due to coronavirus spread and the subsequent lockdown. Amid the tanking sales, Honda two-wheelers survived the onslaught, registering a single-digit growth. The country's largest two-wheeler maker Hero
NEW YORK, April 2, 2020 /PRNewswire/ --�Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Mesa Air Group, Inc. (NASDAQ: MESA) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with Mesa's August 2018 initial public
Today 8:30 PM Lauren Friel, owner of Rebel Rebel Wine Bar, in Somerville, Mass., stands for a portrait at the wine bar, Thursday, April 2, 2020. An Associated Press review of the small business aid passed by Congress as part of its coronavirus stimulus package shows that larger companies could quickly claim a disproportionate share of the money,
Leonardo DiCaprio arrives at the Oscars in Los Angeles in February. DiCaprio is helping to launch the $12 million America’s Food Fund aimed at helping low-income families, the elderly and those whose jobs have been disrupted by the coronavirus pandemic. | Jordan Strauss/Invision/AP DiCaprio serves as a co-founder of America’s Food Fund with
United Way of Lake County recently announced that Buyers Products Co. of Mentor has made a $10,000 gift to the Lake County Relief Fund. “I’m thankful to Buyers Products Co. for being the first to jump in and give back with such a significant contribution,” said UWLC President and CEO Jennifer McCarty. “I’m also grateful to Meijer in Mentor for the
On March 18, United Way of Southern Nevada announced the creation of its Emergency Assistance and Community Needs Fund. Now, the fund has more than doubled, totaling about $381,000. ...
Long Beach Mayor Robert Garcia released this message on Thurssday evening, April 2, an update on the city’s status amid the novel coronavirus outbreak. By now I think everyone has realized this health crisis, along with the huge changes it has brought us socially and economically, is going to be with us for a while. Yesterday we unfortunately saw
Although Pasadena has a coronavirus eviction moratorium in place, Mayor Terry Tornek echoed his colleagues as the measure was being read into law, calling it “imperfect” and vowing to revisit it in “a month or two” to address some concerns and requests from housing activists. The ordinance bars landlords from evicting
BISMARCK, N.D. – Gov. Doug Burgum announced Thursday that monetary donations and donations of personal protective equipment are being accepted to aid in the state’s response to the COVID-19 pandemic. “We know that many of you are looking for ways to help your fellow North Dakotans during this crisis,” Burgum said. “The best way is to donate
Lawmakers granted final approval on Thursday to Gov. Andrew Cuomo’s sprawling $177 billion budget for 2021. The deal ended a months-long budget fight in Albany that went haywire in recent weeks as the coronavirus pandemic swept across the state — killing more than 2,300 and crippling the economy. The document promises to touch on many facets
With unemployment claims rising rapidly amid the COVID-19 pandemic, the Missouri Department of Labor is taking steps to aid both those out of work and impacted businesses. For workers, the state agency is in the process of waiving the week of waiting requirement before filing for all unemployment claims filed as a result of the coronavirus,
Real estate has gone through a long period of turbulence with financial issues piling up due to unsold projects. Four years ago, Venkata Ramana saw this as an opportunity and launched his startup, Near Estate. Near Estate is a project promoter helping builders in the marketing and sales efforts for their projects through a tech stack that has
Remember the primary elections last month? Since then, the coronavirus pandemic has struck, and local elections offices have had to figure out how to comply with public health directives while continuing to count and verify ballots. Under normal, non-pandemic circumstances, county election offices are required to report their final election counts
coronavirus Indian Health Service, rural areas to have priority access to rapid coronavirus tests “These are new tests, and we have prioritized the groups that we think have the least access to testing now,” Deborah Birx said. White House coronavirus response coordinator Debbie Birx during Thursday's daily coroanvirus briefing. | Alex
coronavirus Admiral: 6 U.S. medical cargo flights completed, 28 more planned The shipments are intended as a lifeline until more supplies can be brought in by ship. Navy Rear Adm. John Polowczyk speaks during a daily White House coronavirus news briefing Thursday. | Win McNamee/Getty Images By DOUG PALMER 04/02/2020 07:47 PM EDT Facebook Twitter
Health White House eyeing stimulus funds to cover uninsured Democrats, insurers and some Republican governors panned Trump's refusal to extend an Obamacare enrollment period. Vice President Mike Pence. | Win McNamee/Getty Images By SUSANNAH LUTHI 04/02/2020 07:41 PM EDT Facebook Twitter Link Link Copied More Mail Reddit WhatsApp The White House is