TORONTO (AP) — The head of a major Canadian pension fund says a Chinese sovereign wealth fund is interested in making a joint-bid with a Canadian pension fund for fertilizer-maker Potash Corp. of Saskatchewan Inc.
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SANTA FE, N.M. (AP) — The chairman of New Mexico’s educational pension fund has resigned after it was disclosed he borrowed $350,000 from a man whose son shared in millions of dollars in finder’s fees from investments by the fund and another state agency.
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SEOUL, South Korea (AP) — South Korea’s national pension fund says it is interested in buying Chevron’s 23.4 percent stake in Colonial Pipeline.
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SEOUL (Reuters) – South Korea’s state-run National Pension Service is seeking to acquire a 23 percent stake in U.S. pipeline operator Colonial Pipeline from Chevron Corp, the world’s No.5 pension fund said on Monday.
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Cities and states are scrambling to make sure their pension disclosures are in order, and investors in distressed debt are scrambling, sensing opportunity.
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BOSTON (Reuters) – A record number of U.S. workers are tapping into their retirement accounts to make it through the economic downturn, Fidelity Investments found in a survey released on Friday.
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SACRAMENTO, Calif. (AP) — California lawmakers on Monday voted to require that anyone running for election to the boards of California’s two massive pension funds disclose their campaign contributions.
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DENVER (AP) — Colorado’s pension fund is back on track toward solvency after state lawmakers became the first in the nation to cut retiree benefits to prevent its pension system from going broke, auditors said Monday.
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WASHINGTON (Reuters) – Many workers and financial companies talk about retirement as if it’s a day on which everything changes. The day you retire is the day you need X amount in the bank, an annuity, a Social Security check and an old person’s portfolio, they suggest. It’s the day you’re done: with work, with commuting, with consuming and more.
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WASHINGTON (Reuters) – Many workers and financial companies talk about retirement as if it’s a day on which everything changes. The day you retire is the day you need X amount in the bank, an annuity, a Social Security check and an old person’s portfolio, they suggest. It’s the day you’re done: with work, with commuting, with consuming and more.
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