It’s still early to fully gauge what effects the coronavirus economic shutdown will have on the pension landscape, but the preliminary outlook for certain parts of the industry, particularly with defined-benefit plans, isn’t encouraging.
The end of the year is a popular time to give to charity, but no matter what time of year it is, donors want help deciding which charity to support.
Pensions put the risk on employers, who are on the hook to pay retirees an agreed amount no matter what happens to the underlying investment.
Five things to know about Ron Burkle, who joined Sacramento Republic FC as lead investor in its bid to join Major League Soccer.
Storytelling is one of the most impactful ways to connect, inspire and shape a vision for the future. For many nonprofits, storytelling proves to be rather difficult. The problem is not due to a lack of stories to tell, but rather an abundance of them, making it challenging for nonprofit leaders to demonstrate exactly what they do and the impact they are having.
If all sides are declaring victory in the California Supreme Court’s pension ruling on Monday, it’s because the decision had a little something for all the combatants in the state’s pension wars.
Major stock indexes have given up much of their year-to-date gains after the past several days of selling. The year is days away from being half over, and the Standard & Poor’s 500 Index is up a few percentage points, while the Dow Jones Industrial Average is little changed for 2018.
As it stands today, roughly 12 million Baby Boomers own some type of small business, the combined value of which is roughly equal to $10 trillion. This comes at a time when the oldest of them have just crossed into their seventies.
Ten years ago Monday, a pair of Bear Stearns hedge funds that had gorged on subprime mortgage securities filed for bankruptcy, becoming the canaries in the coal mine for the global financial system that collapsed 15 months later.
Some call it altruistic investing. Others use adjectives like responsible, sustainable or social impact. The concept is to strategically choose where to invest so that you can have a positive effect while still making a profit.