Pension

Labour unions to strike over tier-2 pension – Starr Fm

Twelve public sector labor unions have expressed their intention to go on a prolonged strike to oppose government’s handling of their tier-2 pension contributions. The unions including JUSSAG, CLOGSAG, NAGRAT and the Ghana Medical Association are demanding the immediate transfer of funds from a temporary pensions fund account at the Bank of Ghana to custodian accounts which will attract interest. ...

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South Africa’s pension fund chief says allegations he misused funds are spurious

JOHANNESBURG (Reuters) – The head of South Africa’s state-owned pension fund dismissed as spurious allegations made by a newspaper on Friday that he had misused funds and improperly raised salaries for some executives. Daniel Matjila has been chief executive officer of Public Investment Corporation (PIC), which manages nearly 2 trillion rand ($152.30 billion) of civil servants’ pensions, since 2014. He ...

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Pension fund buys iconic Soapworks in £60m deal

Salford’s iconic Soapworks has been acquired by the Greater Manchester Pension Fund from The Carlyle Group in a £60m deal. The Soapworks, formerly the Colgate-Palmolive factory, is in 8.5 acres of land on the banks of the Mnchester Ship Canal. Following closure of the original facility, The Carlyle Group has carried out a major refurbishment to turn the area into ...

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Bishop Tobin ‘Prays for Swift and Positive Resolution’ for St. Joseph’s Retirees, Despite Role

Email to a friend Permalink Friday, September 15, 2017 GoLocalProv News Team   Bishop Tobin is “praying” for the retirees. In this week’s edition of the Rhode Island Catholic, the newspaper of the Diocese of Providence,  Bishop Thomas Tobin breaks his silence on the bankruptcy of St Joseph Health Services pension fund. To date, Tobin has repeatedly refused comment. “We ...

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Seven curious facts for Pensions Awareness Day

Today is Pension Awareness Day and, to mark it, Robert Cochran has unearthed seven curious facts to help you convey to potential and existing clients the importance of saving for retirement £40,000 The current annual allowance of £40,000 could buy you one night in The Ty Warner Penthouse at the Four Seasons in New York – the world’s second most ...

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Canada Pension Plan Investment Board Takes Position in CRH Medical Corp (CRHM)

Canada Pension Plan Investment Board purchased a new stake in CRH Medical Corp (NYSEARCA:CRHM) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 120,111 shares of the company’s stock, valued at approximately $683,000. Other institutional investors also recently added to or reduced their stakes in the company. Mawer Investment Management Ltd. ...

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Council finalizes revised police pension ordinance | Local News

Some retired Terre Haute police officers may be looking for something else to do now on the first and second Thursdays of the month. The City Council finally signed off Thursday on a revised ordinance designed to safeguard their retirement account. Several retirees served by the 1925 police pension fund have been regular fixtures at council meetings for months, ever ...

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Police Pension Progress – Story | MyWabashValley

Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Terre Haute, Ind. – Police pension has been a topic that’s resulted in a long battle between the city and those receiving a police pension. Both sides touched gloves and came to an agreement. Pensioners have been coming to city council meetings ...

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Bank of Mum and Dad sacrificing pension money to help adult children

One in five parents with adult children have used cash originally intended for their pension to help their offspring, a survey has found. Some 19% of those surveyed for Prudential had taken money out of their pension fund or sacrificed saving for their retirement to help their children financially. A further 19% have also made cutbacks to their lifestyles so ...

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