Citic Securities Co. Ltd. (600030.SH), one of China’s biggest brokerages, is planning to take part in a new pension joint venture, embracing the nation’s call to tackle a looming pension crisis fueled by questions surrounding the sustainability of the current pension system as the population rapidly ages. In a bid to overhaul the strained,
BUCHAREST (Reuters) – The Bucharest bourse needs new listings to keep up with demand from Romania’s growing private pension funds, which are beginning to look at other assets and foreign markets, the head of their industry association said on Friday. The seven mandatory private pension funds manage assets worth 84.4 billion lei ($20.2
The chairmen of two parliamentary committees say private equity firms accused of asset-stripping Debenhams should be quizzed about the fate of the department store's pensioners – who face a 10 per cent cut to their retirement payments. Darren Jones, who chairs the business, energy and industrial strategy committee, and Stephen Timms, chairman of
) New Video - Illinois State Board of Investment Earns Highest Private Equity Returns of Any Public Pension Fund Today, the American Investment Council (AIC) released the third video in a new series of interviews conducted by Hill TV examining how private equity investments are supporting the retirements of dedicated public servants across America.
“Never make forecasts, especially about the future.” Nobody knows who said this first. The point, however, is that we have to make forecasts, or at least guesses, about the uncertain future. Of nothing is this truer than long-term investments for delivering security in old age. The problem – inescapable, but fundamental – is that the sensible way
) Last week, the American Investment Council released its 2021 public pension study showing that private equity was once again the best returning asset class for public pension portfolios. In 2020, private equity investments delivered a median annualized return of 12.3 percent over a 10-year period for the 85 percent of public pension funds across
Private sector workers only get half the amount of pension pay that those in the public sector do before they are hit with punishing tax bills, a Money Mail investigation reveals. The lifetime allowance dictates how big a pension pot can be before savers have to pay tax on contributions. It is capped at about £1.07 million and workers face a 25 per
Private sector workers only get half the amount of pension pay that those in the public sector do before they
) 2021 Study - Private Equity Delivers 12.3% Return for America's Pension Fund Retirees WASHINGTON, D.C. - Today, the American Investment Council released its 2021 Public Pension Study. As has been the case each year since its inception, this study found private equity to be the best returning asset class in public pension portfolios. In 2020,
The nation’s stark pensions pay divide is laid bare today, with figures revealing gold-plated state-backed schemes pay three
The nation’s stark pensions pay divide is laid bare today, with figures revealing gold-plated state-backed schemes pay three times as much as the battered private sector. Money Mail has
You’re a deeply-in-debt government; your deficit is running at 11.8% of GDP. That’s not as bad as it could have been, but, given the national debt is now at its highest since the 1960s, it isn’t exactly good either. You’ve also made a lot of promises – green revolutions, levelling up, and the financing of social care. Your prime minister has
California’s cities and counties are awash in pension debt, as skyrocketing retirement costs for public employees consume a larger share of their budgets and mandate the cutbacks in community services. One of the biggest cost-drivers is firefighting given that local firefighters receive average compensation packages that top $200,000 annually. In a
WASHINGTON, June 21, 2021 /PRNewswire/ -- Today, the Alliance for Lifetime Income and CANNEX released the first installment of the Protected Retirement Income and Planning Study, a joint research effort with both investors and financial professionals, designed to better understand and forecast retirement income trends. The inaugural study finds
Dean and Patty Dennis worked in Ohio schools for 30 years, paying into a state pension plan. Then the pension stopped giving them cost-of-living increases. ...
) Bucharest, 8 June 2021 -The private pension market was least affected by the COVID-19 pandemic, given its long-term savings and investment policy. Over time, there have been episodes of volatility that marked private pension funds, but their assets recorded overall growth from one period to another. At the end of March 2021, the private pension
British firms worth £36billion have been sold off to private equity in a high-risk ‘pandemic plundering’ spree. The Daily Mail can reveal today that 123 UK companies have been bought up by the predators since the
In a recent column in The New York Times, Paul Krugman argued that if President Joe Biden succeeds in giving Americans affordable child care, universal pre-K and paid family leave, it will be almost impossible to take them back. People would never allow such transformational benefits to be taken away once they had become part of the fabric of our
Read full article ANI21 May 2021, 4:27 am·3-min read Representative Image Beijing [China], May 21 (ANI): Hong Kong insurance sector is eyeing China's USD 15.3 trillion savings to avert a crisis in its state pension system, the size of the world's second-largest economy. Georgina Lee and Enoch Yiu writing in South China Morning Post
China is tweaking its $1.2 trillion pension system to increase private sector involvement as its population ages rapidly and underfunding looms, but experts say fundamental changes are needed to provide adequate safety nets. The China Banking and Insurance Regulatory Commission (CBIRC), the country's top banking and insurance regulator, said
China will soon launch a new pilot program for private pension funds as part of efforts to overhaul its strained system for retirement savings. The country’s top insurance regulator proposed a new product after policymakers vowed to make private pension funds the crucial “third pillar” (第三支柱) of the national pension system, as a number of officials
Pension Fund Operators Association of Nigeria (PenOp) has partnered with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity (PE) as an asset class in Nigeria. Domestic capital plays a vital role in accelerating economic growth in Nigeria and across the continent in general. Over
May 5—Mandatory private pension
SPORTS OCM getting private sector inputs for Olympians pension scheme - Norza OCM President Tan Sri Mohamad Norza Zakaria " data-media=""> 03/05/2021 05:30 PM KUALA LUMPUR, May 3 -- The Olympic Council of Malaysia (OCM) is now getting inputs from private sector representatives in drafting the Olympians pension scheme proposal.
) AUSTIN - For a scheme that defrauded the Texas Employees Retirement System, Olumide Bankole Morakinyo, 38, a Nigerian national residing in Canada, was sentenced today to eight years in prison and repayment of $975,863 in restitution to multiple victims for conspiracy to commit money laundering. 'This Defendant's scheme and those like it victimize
You've got a year to sort yourself out if you're still using 'em Comment Amazon Web Services has announced the retirement of its third cloud service: the Amazon Elastic Compute Cloud, aka EC2 Classic. ...
United States badminton player Beiwen Zhang was forced to retire from her match on Thursday due to an apparent achilles injury.
Dr. Aubrey Lurie has worked for the Overton Brooks VA Hospital for 33 years and for Barksdale Air Force Base since the early 2000s. ...
Being in debt, especially heavily in debt, while working is a bad idea. Yet lots of people do it and survive. But being heavily in debt when you retire means the so-called “Golden Years” will be anything but. Especially if you are under the Federal Employee Retirement System (FERS) program with its diet cost of living adjustment (COLA)
) Table of Contents This preliminary prospectus supplement and the accompanying prospectus, relating to an effective registration statement under the Securities Act of 1933, as amended, is not complete and may be changed. A registration statement relating to these securities is effective. This preliminary prospectus supplement and the accompanying
) The text version of this document is not available. You can
Crestview in Bryan has named a new healthcare administrator. David
One in three people aged 40 and over plan to make smartening up their home and garden a priority in retirement, new research reveals. Many are also focused on
Frances Levine, an archeologist and historian, was hired in 2014 and will retire in 2022. ...
Green Bay Packers quarterback Aaron Rodgers didn't hold back in the Wednesday press conference marking his return to the team and the end to an acrimonious offseason. In the extensive session, Rodgers said he mulled retirement and wants input on personnel moves. A day after reporting to training camp, Rodgers laid out how his offseason of
) Toromont Announces Results for the Second Quarter of 2021 and Quarterly Dividend July 28, 2021 TORONTO, July 28, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the second quarter ended June 30, 2021. Three months ended June 30 Six months ended June 30 millions, except per share amounts 2021 2020 %
) The text version of this document is not available. You can
) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended July 4, 2021or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the
) Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-253421 The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. Subject to
) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period
) TABLE OF CONTENTS CALCULATION OF REGISTRATION FEE Title of Each Class of Securities to be Registered Maximum Aggregate Offering Price Amount of Registration Fee(1)(2) Depositary Shares Each Representing a 1/1000th Interest in a Share of Preferred Shares, Series D $ 1,600,000,000 $ 174,560 (1) Calculated
) July 28, 2021 WASHINGTON - Today at a U.S. Senate Finance Committee hearing, Senator Maggie Hassan (D-NH) discussed ways to help military spouses and women more easily access retirement plans. To watch the Senator's questioning, click here. Retirement Savings for Military Spouses Senator Hassan began her questioning by highlighting the challenges
PIKEVILLE, Ky.--(BUSINESS WIRE)--Jul 28, 2021-- Community Trust Bancorp, Inc. (NASDAQ: CTBI), parent company of Community Trust Bank, Inc. and Community Trust and Investment Company, with offices in Kentucky, West Virginia, and Tennessee, announces that Jean R. Hale, Chairman, President, and Chief Executive Officer of the Company for the last 23
Cinemark Holdings Chief Executive Mark Zoradi, who has led the nation’s third-largest theater chain through the COVID-19 pandemic and a streaming revolution in Hollywood, will retire at the end of the year, the company said Wednesday. Zoradi, a former Walt Disney Co. executive who joined Plano, Texas-based Cinemark in 2015, will remain a board
WESTMINSTER, Colo., July 28, 2021 /PRNewswire/ -- Ball Corporation's (NYSE: BLL) board of directors today declared a 33% increase in the quarterly cash dividend. Following the increase, a cash dividend of 20 cents per share will be payable September 15, 2021 to shareholders of record as of September 1, 2021. "Today's dividend increase, our 2021
After nearly three decades of opening the doors to all religious backgrounds and watching families come and go in the Hill Country area, Pastor Doug Groen is retiring from Chapel in the Cove. ...
) Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-231751 Pricing Supplement dated July 27, 2021 to the Product Prospectus Supplement MLN-EI-1 dated November 6, 2020 and Prospectus Dated June 18, 2019 The Toronto-Dominion Bank $1,715,000 Callable Contingent Interest Barrier Notes Linked to the Least Performing of the Nasdaq-100
) AUSTIN - For a scheme that defrauded the Texas Employees Retirement System, Olumide Bankole Morakinyo, 38, a Nigerian national residing in Canada, was sentenced today to eight years in prison and repayment of $975,863 in restitution to multiple victims for conspiracy to commit money laundering. 'This Defendant's scheme and those like it victimize
You've got a year to sort yourself out if you're still using 'em Comment Amazon Web Services has announced the retirement of its third cloud service: the Amazon Elastic Compute Cloud, aka EC2 Classic. ...
United States badminton player Beiwen Zhang was forced to retire from her match on Thursday due to an apparent achilles injury.
Dr. Aubrey Lurie has worked for the Overton Brooks VA Hospital for 33 years and for Barksdale Air Force Base since the early 2000s. ...
Being in debt, especially heavily in debt, while working is a bad idea. Yet lots of people do it and survive. But being heavily in debt when you retire means the so-called “Golden Years” will be anything but. Especially if you are under the Federal Employee Retirement System (FERS) program with its diet cost of living adjustment (COLA)
) Table of Contents This preliminary prospectus supplement and the accompanying prospectus, relating to an effective registration statement under the Securities Act of 1933, as amended, is not complete and may be changed. A registration statement relating to these securities is effective. This preliminary prospectus supplement and the accompanying
) The text version of this document is not available. You can
Crestview in Bryan has named a new healthcare administrator. David
One in three people aged 40 and over plan to make smartening up their home and garden a priority in retirement, new research reveals. Many are also focused on
Frances Levine, an archeologist and historian, was hired in 2014 and will retire in 2022. ...
Green Bay Packers quarterback Aaron Rodgers didn't hold back in the Wednesday press conference marking his return to the team and the end to an acrimonious offseason. In the extensive session, Rodgers said he mulled retirement and wants input on personnel moves. A day after reporting to training camp, Rodgers laid out how his offseason of
) Toromont Announces Results for the Second Quarter of 2021 and Quarterly Dividend July 28, 2021 TORONTO, July 28, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the second quarter ended June 30, 2021. Three months ended June 30 Six months ended June 30 millions, except per share amounts 2021 2020 %
) The text version of this document is not available. You can
) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended July 4, 2021or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the
) Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-253421 The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. Subject to
) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period
) TABLE OF CONTENTS CALCULATION OF REGISTRATION FEE Title of Each Class of Securities to be Registered Maximum Aggregate Offering Price Amount of Registration Fee(1)(2) Depositary Shares Each Representing a 1/1000th Interest in a Share of Preferred Shares, Series D $ 1,600,000,000 $ 174,560 (1) Calculated
) July 28, 2021 WASHINGTON - Today at a U.S. Senate Finance Committee hearing, Senator Maggie Hassan (D-NH) discussed ways to help military spouses and women more easily access retirement plans. To watch the Senator's questioning, click here. Retirement Savings for Military Spouses Senator Hassan began her questioning by highlighting the challenges
PIKEVILLE, Ky.--(BUSINESS WIRE)--Jul 28, 2021-- Community Trust Bancorp, Inc. (NASDAQ: CTBI), parent company of Community Trust Bank, Inc. and Community Trust and Investment Company, with offices in Kentucky, West Virginia, and Tennessee, announces that Jean R. Hale, Chairman, President, and Chief Executive Officer of the Company for the last 23
Cinemark Holdings Chief Executive Mark Zoradi, who has led the nation’s third-largest theater chain through the COVID-19 pandemic and a streaming revolution in Hollywood, will retire at the end of the year, the company said Wednesday. Zoradi, a former Walt Disney Co. executive who joined Plano, Texas-based Cinemark in 2015, will remain a board
WESTMINSTER, Colo., July 28, 2021 /PRNewswire/ -- Ball Corporation's (NYSE: BLL) board of directors today declared a 33% increase in the quarterly cash dividend. Following the increase, a cash dividend of 20 cents per share will be payable September 15, 2021 to shareholders of record as of September 1, 2021. "Today's dividend increase, our 2021
After nearly three decades of opening the doors to all religious backgrounds and watching families come and go in the Hill Country area, Pastor Doug Groen is retiring from Chapel in the Cove. ...
) Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-231751 Pricing Supplement dated July 27, 2021 to the Product Prospectus Supplement MLN-EI-1 dated November 6, 2020 and Prospectus Dated June 18, 2019 The Toronto-Dominion Bank $1,715,000 Callable Contingent Interest Barrier Notes Linked to the Least Performing of the Nasdaq-100
Calls have intensified clamouring for the retention of the district chief executive of the Afigya Kwabre South District of the Ashanti Region. Carved out of the then Afigya Kwabre District, Afigya Kwabre South and North District were birthed in 2017. Christian Adu-Poku as the first DCE for the South District is believed to have initiated many
Norwich sporting director Stuart Webber believes there is a “paranoia” surrounding the transfer market as the effects of the coronavirus pandemic continue to be felt. A handful of big deals have punctuated a quiet window to date with clubs still coming to terms with the financial losses caused by the Covid outbreak. Webber revealed last week that
(L to R): Dana Skoglund, Chris Skoglund, David Skoglund, Moyra Skoglund, Jenna Skoglund, Jason Skoglund, Melissa Hayward and Graeme Hayward. Skogie’s is celebrating its 50th anniversary this year, so it has donated $50,000 to Okanagan College’s Our Students, Your Health
Children at the OKIB received lifejackets recently. The gift of lifejackets was a splashing success. Recently, children from the Okanagan Indian Band - nk?maplqs i? snm?am?a?ya?tn i? k?l sqilx?t?t | Cultural Immersion School and the children from the OKIB daycare, called snc’c’amala?tn, received a donation of new
WASHINGTON (AP) — The Senate voted Wednesday night to begin work on a nearly $1 trillion national infrastructure plan, acting with sudden speed after weeks of fits and starts once the White House and a bipartisan group of senators agreed on major provisions of the package that’s key to President Joe Biden’s agenda. Biden welcomed the accord as one
NAMPA — Since the Nampa Fire Department is in the process of splitting away from the city of Nampa budget-wise, the city’s general fund revenues could see an $11 million decrease, based on Nampa’s proposed fiscal year 2022 budget. ...
Fueled by rapid spread of the Delta variant, at least 140 recent coronavirus outbreaks have struck workplaces in Los Angeles County — a 150% increase since the middle of July — officials said Wednesday, July 28. Meanwhile, public health leaders posted another 15 virus-related deaths and 2,454 new cases. The outbreaks illustrate that the
NICOLE POLLACK Casper Star-Tribune More federal stimulus money could be coming to Wyoming. The Department of Commerce is allocating $300 million of its American Rescue Plan funds toward revitalizing coal communities, Commerce Secretary Gina Raimondo announced last week. A total of $3 billion in stimulus funding will be distributed by the Economic
LHASA, July 28 (Xinhua) -- Changchub Wangdu, an entrepreneur hailing from Nagqu City, southwest China's Tibet Autonomous Region, had expected his parents to move to the regional capital Lhasa, as he considers the place more suitable for his ailing mother due to its low altitude and a better climate compared with his hometown. "My parents have been
BEIJING, July 28 (Xinhua) -- China has deployed personnel, allocated funds and equipment amid consolidated efforts for emergency rescue and disaster relief after record-heavy downpours in Henan triggered severe floods, an official said Wednesday. The country has sent about 46,000 personnel from the
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent. ...
Written by Riya Joseph In Kerala’s northernmost Kasaragod district, a month-long programme is underway to turn wastelands into fields bursting with rice and vegetables. Launched by the district mission of Kudumbashree, the state’s poverty eradication programme, ‘Mazhappolima’, is touted as a festival celebrating the goodness of the monsoon rains,
BELTON — Services for Sharon Denise Cagle Petter, 62, of Belton will be 2 p.m. Saturday at First Baptist Church in Belton. Mrs. Petter died Tuesday, July 27. She was born at March 13, 1959,
In the modern world if there is one thing above all else that mining companies are painfully conscious of, particularly in SA, it is the public relations fallout that comes from moving families from their homes to make way for mines. Mining companies work hard to combat an image of being rapacious, polluting and indifferently selfish in their
INDIANAPOLIS — Three scholarship and
JEDDAH: WeDeliver, a parcel delivery startup headquartered in Riyadh, has secured SR9 million ($2.4 million) as part of its first pre-seed investment round, it was announced on Wednesday. The startup uses artificial intelligence and a mobile application to partner companies that have parcels to be delivered with a network of freelance drivers close
Randah Al-Hothali was recently appointed director general of the corporate communications department at the Saudi Fund for Development. Al-Hothali previously worked with the Saudi Development and Reconstruction Program for Yemen (SDRPY). During her tenure at SDRPY, she worked as head of
LONDON: The clock is ticking ever closer to a moment of reckoning. The Special Tribunal for Lebanon (STL), which was established to investigate and prosecute those responsible for the 2005 assassination of former prime minister Rafik Hariri, has run out of money and is due to permanently close at the end of July. In the midst of an unprecedented