Business

David McCormick Faces Scrutiny in Pennsylvania Over Trainer Pension Fund

Earlier than he entered Pennsylvania’s Senate race, David McCormick oversaw an enormous hedge fund that invested billions of {dollars} for the retirement plans of the state’s academics. However Mr. McCormick’s firm, Bridgewater Associates, delivered such middling income and charged such excessive charges that the Pennsylvania academics’ retirement fund moved to unload its Bridgewater holdings starting

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Business

Karen Ferguson, Fighter for Pension Rights, Dies at 80

“She jump-started a nationwide grass-roots motion for higher pensions on this nation,” Karen Friedman, government director of the middle, mentioned in an interview. “Nearly each piece of consumer-oriented pension reform laws during the last 45 years, she had a hand in.” This included strengthening protections for widows and divorced spouses. Ms. Ferguson had been listening

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