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Actuaries Sceptical Of Government Plans To Reform Db Pension Schemes | City A.m.
Posted on: May 29, 2018, 2:31 p.m.
The Association of Consulting Actuaries (ACA) has warned MPs that creating a criminal offence for directors who "recklessly" handle defined benefit pensions schemes would do little to deter unscrupulous managers. Following scandals with pension funds owned by companies including BHS, British Steel and Carillion, the Work and Pensions Committee set out a number of reforms to give The Pensions Regulator greater investigative and information gathering powers, as well as making it a criminal offence to commit "willfully or grossly reckless … Full investment news article
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University of Nebraska Foundation,
5 Things Investors Must Watch As Italy Turmoil Shakes Global Markets
Posted on: May 29, 2018, 2:01 p.m.
Political turmoil in Italy is roiling global markets. Here’s what investors need to keep an eye on. : The selloff in Italian government debt took full flight after the weekend amid threats of a sovereign rating downgrade, the prospect of a constitutional crisis, and expectations for new elections that could effectively serve as a referendum on the country’s euro membership. Full investment news article
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University of Nebraska Foundation,