Shareholder Rights Directive II fact sheet – GOV.UK

New guidelines for UK fund managers: Occupational pension schemes are required to document and disclose online their policy on engaging with investee companies, their investment strategy and their arrangements with asset managers. The Pensions Regulator will update their guidance with regards to engagement, investment strategy and asset manager arrangements. Trustees have an important role to…

How Pension Funds Can Survive Volatile Markets | Newsmax.com

Former CalPERS trustee Dana Hollinger, writing with Jackson Eisenpresser, tells pension fund managers to begin with making sure they have enough liquidity for their projected payouts, and then think about alpha. Private-market returns have never been more critical in meeting future liabilities. The yield must come from real assets, infrastructure, and private credit and extending…

US government pension fund urged to reverse China investment | Financial Times

Senior US senators are demanding that one of America’s biggest government pension funds reverse a decision that is set to channel billions of US dollars into funding Chinese companies that they say support Beijing’s military, espionage and domestic security efforts.The demand shows how the US-China rivalry, which has thus far focused mainly on trade war…

Rescuing Retirement: A Bold New Proposal

VEA Vice Chair Nell Minow attended a meeting on Capital Hill to discuss a new proposal for a portable retirement account available to all workers.  Some of the highlights: By 2050, if we make no changes, 1/3 of the elderly will be living in poverty.  This is “an issue for everyone,” said Randi Weingarten, President…

Report: Pensions in a Changing Climate

A new report from Share Action finds that pension funds are not doing an adequate job of disclosing climate risk in their portfolios. The most striking finding of our analysis reveals that over 60% of pension funds publish little or no information on their climate responses, placing them at risk of breaching their legal duties…

David Webber on Employee-Funded Capitalism: “Labor’s Last Best Weapon”

In the subtitle of his highly recommended new book, The Rise of the Working-Class Shareholder, David Webber calls employee pension funds “Labor’s Last Best Weapon.” He says that working-class employees could be a powerful force for sustainable economic growth through their pension funds. In an interview, Webber talked about the opportunities and challenges in making the…