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The fiduciaries of four large pension planstwo states and two citiesjoined together in writing an open letter in their fiduciary capacity that criticized corporations stock buyback activities.

The SEC has charged an investment advisory firm and two of its executives with selling unsuitable investments to pension funds for Atlantas police and firefighters, transit workers and other employees.

Californias public retirement fund holds so much power over local officials that pension bond investors cant expect equal treatment when a city goes bankrupt, a judge said in a ruling that she acknowledged seems unfair.

A bill that convincingly passed through Colorados House of Representatives authorizing up to $12 billion in Pension Obligation Bonds failed to make it out of that states Senate Finance Committee this week.

Rising income inequality is a byproduct of pension reform actions that have made people rely on defined contribution plans rather than defined benefit plans.

Rising interest rates lowered corporate pension liability estimates in April, improving the average funding rate to 90.1 percent, a 2.9 percent increase.

Less than one-half of the very substantial private equity costs to public pension funds are being disclosed.

A central provision of the Department of Labors new conflict-of-interest proposal would replace how the Employee Retirement Income Security Act defines fiduciary for plan advisors with stricter language.