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Pension and Welfare

A collection of news and information related to Pension and Welfare published by this site and its partners.

Top Pension and Welfare Articles see all

Displaying items 1-5
  • News of the Weird: A Piece of the Action

    News of the Weird: A Piece of the Action
    “Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
  • Vanguard, BlackRock may reap billions from Pimco after Gross exit

    NEW YORK/BOSTON - Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds. His new...

    Japan's Abe: GPIF portfolio review will promote stability of pensions

    TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Tuesday that a review of the nation's public pension fund portfolio is aimed at achieving stable resources rather than boosting stock prices. As part of his reform agenda, Abe has been...

    State's Largest Teachers Union Endorses Malloy

    State's Largest Teachers Union Endorses Malloy
    Saying that Republican Tom Foley would set "the state on a path to education disaster," the leadership of the state's largest teachers union offered a strong endorsement Monday of Democratic Gov. Dannel P. Malloy. "Dan Malloy has increased education...

    CEA Statement on Malloy Endorsement

    CEA Statement on Malloy Endorsement
    Saying Republican Tom Foley would set "the state on a path to education disaster," the leadership of the state's largest teachers' union offered a full-throated endorsement of Democratic Gov. Dannel P. Malloy. "Dan Malloy has increased education funds...