Pensions & Benefits Management
- CFTC Adopts CIEBA Recommendation to Better Protect Pension AssetsAt
its January 11 meeting, the Commodity Futures Trading Commission voted 4
to 1 to approve new protections for customer collateral provided to a swaps
dealer. Although it adopted the legally separate but operationally commingled
(LSOC) model, the CFTC incorporated permitting full physical segregation
for swaps collateral as recommended by the Committee on Investment of Employee
Benefit Assets, or CIEBA, which represents more than 100 of the nation’s
largest pension funds.
January 18, 2012
- CIEBA Commends CFTC For Taking Important Initial Step in Protecting Customer Cleared Swap Collateral“We commend the Commodity Futures Trading Commission (CFTC)
for its decision to permit futures commission merchants to continue to provide critical
protections for customers’ swap collateral,” Deborah Forbes, Executive Director
of the Committee on Investment of Employee Benefit Assets (CIEBA) said last week.
January 17, 2012
- Presenting the Big Picture to InvestorsAt November’s Annual Conference in Boston, AFP caught up with Jeff Johnson, CTP, CPA, treasurer and vice president, Investor Relations at Deluxe Corp. and a member of AFP’s Board of Directors, to get his thoughts on investor relations in corporate treasury.
December 29, 2011
- Pensions and DB Plans: 2011 Review and 2012 Outlook A combination of economic factors—the recession,
the volatile equity market, and continued low interest rates—are putting stress
on the defined benefit (DB) pension system. The question is, are DB plans headed for extinction?
December 16, 2011
- Revenues Increase, Deficit Decreases in First Half of Canadian Fiscal YearAccording to a new report, Canada's budgetary deficit for the first half of the 2011–12 fiscal year was $13.2 billion, compared to $17.4 billion for same period in the previous year. Meanwhile, revenues increased $4.3 billion, or 3.9 percent.
November 28, 2011