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Jacksonville leaders learn pension fund chief John Keane in line for additional benefits

2014-11-17 01:49:28| IT Services - Topix.net

While a special pension plan, unknown to city leaders for more than a decade and handcrafted by Keane and another beneficiary, has already surfaced - a plan that would pay Keane more than $210,000 a year - city leaders said they were surprised to learn last week that Keane also is receiving Social Security checks and now is in line to receive a new retirement package from the Jacksonville Police and Fire Pension Fund that is also especially created for him. Together, they could add nearly $100,000 toward Keane's retirement.

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Leading Australian pension fund ditches coal holdings

2014-10-09 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: An Australian pension fund worth $8 billion says it will ditch holdings in coal companies, branding climate change a very real investment risk. Local Government Super is one of Australias largest public sector funds, with 90,000 members, and is the first to publicly announce plans to divest from coal. In a statement, LGS chief executive Peter Lambert said the fund believed support for carbon intensive forms of energy like coal and oil from tar sands were no longer sound investments. With...

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NY pension fund seeks political spending reports

2014-07-19 09:30:49| Oil & Gas - Topix.net

New York's $176.2 billion pension fund for public workers this year has proposed 29 corporations more thoroughly disclose their political spending.

Tags: reports political fund spending

National Pension Fund reaps heavy profit from stock investment in Samsung

2014-05-25 14:32:00| Semiconductors - Topix.net

South Korea's national pension fund made more than 1 trillion won in two weeks from its Samsung Group stocks, an analysis of its latest investment portfolio indicated Sunday.

Tags: national stock investment heavy