Principal at Mercer, Craig Rosenthal, was among the witnesses who gave testimony to the US House of Representatives Committee On Ways and Means, under the hearing “Defined Benefit Pension Plan Funding Levels and Investment Advice Rules” on October 1.
His testimony included findings of new Mercer analysis of data from 874 clients’ defined benefit plans. The analysis by Mercer’s US pension actuaries, including estimated 2009 required contributions and credit balances, is detailed here.
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Initiatives such as the Sustainability Accounting Standards Board are vital for providing the consistent, regular, high-quality disclosure on the SDGs that investors need, a panel told delegates.
Auto-enrolment will put more people into Ireland's public retirement system, while regulatory requirements will include tougher standards for trustees and more disclosure on ESG.
A group of institutional investors are collaborating to address the G7 priorities of climate change, gender inequality and the infrastructure gap, agreeing to commit resources and expertise.
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New Zealand Super acting chief executive Matt Whineray was named to the position permanently on Tuesday. He replaces long-time fund CEO Adrian Orr and vacates his chief investment officer role.
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