Pension

Women inspiring women. Paving the way for a brighter future.

Retrieved on: 
Friday, March 8, 2024

This award recognizes exceptional women for their outstanding professional achievements and meaningful contributions across the group benefits and pensions industry over the past year.

Key Points: 
  • This award recognizes exceptional women for their outstanding professional achievements and meaningful contributions across the group benefits and pensions industry over the past year.
  • Sun Life group benefits plans provide health and wellness benefits to approximately three million Canadians and their families.
  • Passionate about diversity, equity and inclusion, Marie-Chantal is working to ensure this is reflected in workplace plans from coast-to-coast.
  • Under her leadership, Sun Life's Group Benefits has launched several innovative products that help meet the unique and diverse needs of Canadians.

CoinDesk Unveils Consensus Hong Kong 2025

Retrieved on: 
Thursday, March 7, 2024

HONG KONG, March 7, 2024 /PRNewswire/ -- Today, CoinDesk, the most trusted media, events, indices, and data platform for the global crypto economy, announces a historic milestone as its flagship event, Consensus, expands to Hong Kong. Consensus serves as a platform for the most critical conversations among industry leaders around the globe on digital assets, blockchain, and Web3. Set to occur from February 19 to February 20, 2025, at the Hong Kong Convention & Exhibition Centre, this marks the first time Consensus will be held outside of the US in five years. Since its inception in 2015, Consensus has grown into the longest-running and most influential crypto & Web3 event globally, attracting over 15,000 attendees, 600 journalists, and 500 speakers at Consensus 2023. The event has been attended by notable figures, including Fortune 500 CEOs, lawmakers, and sports and entertainment stars from over 100 countries.

Key Points: 
  • HONG KONG, March 7, 2024 /PRNewswire/ -- Today, CoinDesk , the most trusted media, events, indices, and data platform for the global crypto economy, announces a historic milestone as its flagship event, Consensus, expands to Hong Kong .
  • Set to occur from February 19 to February 20, 2025, at the Hong Kong Convention & Exhibition Centre, this marks the first time Consensus will be held outside of the US in five years.
  • Invest Hong Kong (InvestHK) welcomes and supports Consensus in picking Hong Kong to expand into Asia.
  • Mr Kenneth Wong, General Manager, MICE and Cruise of the Hong Kong Tourism Board, said, "With our comprehensive bidding support, we are excited that Consensus makes Hong Kong its first destination to expand its global footprint beyond North America.

National Institute on Retirement Security Finds Changes to Rhode Island Public Employee Retirement Benefits Are Contributing to Employee Attrition

Retrieved on: 
Thursday, March 7, 2024

WASHINGTON, March 7, 2024 /PRNewswire/ -- A new report from the National Institute on Retirement Security ( NIRS ) finds shifting employees in the Employees' Retirement System of Rhode Island ( ERSRI ) from defined benefit pensions in 2012 to a hybrid retirement plan is causing demonstrable changes in public employee attrition.

Key Points: 
  • WASHINGTON, March 7, 2024 /PRNewswire/ -- A new report from the National Institute on Retirement Security ( NIRS ) finds shifting employees in the Employees' Retirement System of Rhode Island ( ERSRI ) from defined benefit pensions in 2012 to a hybrid retirement plan is causing demonstrable changes in public employee attrition.
  • These findings are contained in a new report, Employees' Retirement System Of Rhode Island: Examination Of Turnover Trends Since Retirement Reforms.
  • Both situations seem to confirm the impact of changing retirement benefits in worker attrition," Doonan said.
  • Located in Washington, D.C., NIRS membership includes financial services firms, employee benefit plans, trade associations, and other retirement service providers.

TEAMSTERS OVERWHELMINGLY RATIFY 5-YEAR CONTRACT AT ANHEUSER-BUSCH

Retrieved on: 
Wednesday, March 6, 2024

WASHINGTON, March 5, 2024 /PRNewswire/ -- Today, Teamsters at Anheuser-Busch voted by an overwhelming 86 percent to ratify a five-year agreement that significantly raises pay, improves health care and retirement benefits, and protects all members' jobs. The new agreement rewards 5,000 Teamsters working at Anheuser-Busch breweries nationwide.

Key Points: 
  • "In ratifying a strong new contract at Anheuser-Busch, Teamsters have clawed back concessions from earlier agreements, protected retirees and invested in their pensions, and will be taking home the higher wages we've fought for.
  • "Teamsters do incredible work in the breweries to make Anheuser-Busch successful, and under this contract, our members will share in that success," said Jeff Padellaro, Director of the Teamsters Brewery, Bakery, and Soft Drink Conference.
  • Highlights of the 2024-2029 Anheuser-Busch Teamsters contract include:
    Significant job security for all 5,000 Teamsters at Anheuser-Busch, including brewers, packagers, and warehouse workers
    An end to two-tier health care, providing all workers with the same high-quality Teamsters health care coverage
    Ballots were counted Tuesday after three days of in-person voting.
  • The tentative agreement reached on February 28 was unanimously recommended by the Teamsters National Negotiating Committee which includes Teamsters leaders and rank-and-file Anheuser-Busch Teamsters.

GAIM Ops Cayman Explores the State of Alternative Investment Operations with Top Government Officials, Regulatory Agencies, Legal, Fintech and Financial Firm Leaders

Retrieved on: 
Monday, March 4, 2024

GRAND CAYMAN, Cayman Islands, March 4, 2024 /PRNewswire/ -- More than 700 c-suite executives, managing directors, top government officials and senior professionals shaping the alternative investment operations are expected at this year's GAIM Ops Cayman in Grand Cayman to discuss operations, legal issues, security, AI, tech, and due diligence. The curated agenda features keynote speakers and panellists covering timely issues. GAIM Ops Cayman offers a networking app that allows attendees to connect before, during and after the event.

Key Points: 
  • GAIM Ops Cayman offers a networking app that allows attendees to connect before, during and after the event.
  • The Deputy Premier and Minister of Financial Services, André Ebanks is scheduled to deliver the official welcome on April 15th.
  • Minister Ebanks, MP, was given ministerial responsibilities for financial services and commerce following his election to the Cayman Islands House of Parliament in April 2021.
  • "The alternative investment industry continues to evolve and GAIM Ops Cayman is the best place to discuss the future with private capital firms, hedge funds and investors."

Bernstein Litowitz Berger & Grossmann LLP and Saxena White P.A. Announce Pendency of Class Action And Proposed Settlement For All Persons And Entities Who Purchased or Otherwise Acquired the Common Stock of James River Group Holdings, Ltd., During the Per

Retrieved on: 
Monday, March 4, 2024

YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

Key Points: 
  • YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
  • If approved, the Settlement will resolve all claims in the Action.
  • The Action involves allegations that James River and certain of its senior officers violated federal securities laws.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Claims Administrator or Lead Counsel.

Dunes Point Capital, LP Raises $800 Million, Exceeding Target of $775 Million.

Retrieved on: 
Friday, March 1, 2024

RYE, N.Y., March 1, 2024 /PRNewswire/ -- Dunes Point Capital, LP ("DPC") announced it has closed Dunes Point Capital Fund III (the "Fund"), with total capital commitments of $800 million, which exceeded the Fund's target of $775 million.

Key Points: 
  • RYE, N.Y., March 1, 2024 /PRNewswire/ -- Dunes Point Capital, LP ("DPC") announced it has closed Dunes Point Capital Fund III (the "Fund"), with total capital commitments of $800 million, which exceeded the Fund's target of $775 million.
  • The Fund has already invested $415 million and completed seven company acquisitions: Atalys, FastLap, K-1 Packaging Group, Kwalu, Roofing Services Solutions, Stanton Carpet, and Warshaw Supply.
  • Commitments to the Fund were secured from a diverse group of investors, including endowments, foundations, global asset managers, insurance companies, investment advisors, public pensions, family offices and high net worth individuals.
  • Existing investors from Dunes Point Capital's Fund II were joined by a significant group of new investors.

83 Percent of Americans Believe All Workers Should Have a Pension, New National Institute on Retirement Security Report Finds

Retrieved on: 
Tuesday, February 27, 2024

WASHINGTON, Feb. 27, 2024 /PRNewswire/ -- Americans are increasingly worried about retirement, and they see a return to pensions as a way to restore the American Dream of retirement, according to new research from the National Institute on Retirement Security (NIRS).

Key Points: 
  • 83% of Americans say all workers should have a pension so they can be independent and self-reliant in retirement.
  • More than half of Americans (55 percent) are concerned that they cannot achieve financial security in retirement.
  • These findings are detailed in a new report from the National Institute on Retirement Security ( NIRS ), Retirement Insecurity 2024: Americans' Views of Retirement.
  • The report findings are based upon a national survey of working age Americans conducted by Greenwald Research .

Confluence former executive joins fintech Premialab

Retrieved on: 
Tuesday, February 27, 2024

LONDON, Feb. 27, 2024 /PRNewswire/ -- Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London, will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab's pension funds, foundations, endowments, and insurance clients.

Key Points: 
  • James Carrington, a former executive at Confluence, Investment Metrics, Style Analytics has joined fintech Premialab.
  • LONDON, Feb. 27, 2024 /PRNewswire/ -- Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement.
  • Adrien Geliot, Co-Founder & Chief Executive Officer of Premialab, said, "I am delighted to welcome James to the team.
  • Commenting on his appointment, James Carrington said, "I am delighted to have joined the Premialab team.

U.S. Senator Bill Cassidy to Deliver Keynote Remarks at the National Institute on Retirement Security Policy Conference

Retrieved on: 
Thursday, February 22, 2024

WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- The National Institute on Retirement Security (NIRS) will hold its 15th Annual Retirement Policy Conference on Tuesday, February 27, 2024, in Washington, D.C. At this event, retirement experts and leaders will discuss key retirement policy challenges and opportunities, including efforts to strengthen Social Security and improve employee retirement benefits. The event also will feature a new national poll detailing Americans' views on retirement.

Key Points: 
  • 15th Annual Retirement Conference Scheduled for February 27th in Washington, D.C.
    WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- The National Institute on Retirement Security ( NIRS ) will hold its 15th Annual Retirement Policy Conference on Tuesday, February 27, 2024, in Washington, D.C. At this event, retirement experts and leaders will discuss key retirement policy challenges and opportunities, including efforts to strengthen Social Security and improve employee retirement benefits.
  • Uniting for the Future: Accelerating Retirement Policy Progress will be held at The Park Hyatt Washington , located at 1201 24th Street N.W., in Washington, D.C.
  • 15th Annual Retirement Policy Conference | Uniting for the Future: Accelerating Retirement Policy Progress
    The Park Hyatt Washington | 1201 24th Street N.W., Washington, D.C.
  • The National Institute on Retirement Security is a not-for-profit organization established to contribute to informed policymaking by fostering a deep understanding of the value of retirement security to employees, employers, and the economy through national research and education programs.