Loan & Distribution Specialist AimPoint Pension
|
AimPoint Pension
|
Bates & Company, Inc.
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Louisiana Public Pensions Sue Over Their 'Best Investment'
David Shaywitz, via Forbes; subscription may be required [Opinion] June 12, 2013 "The three pensions invested a combined $100 million in [Fletcher Asset Management], which promised a guaranteed 12 percent return. Sound fishy? If the fund returned less than 12%, an unnamed financial backer would make up the difference. How could three public funds have fallen for a preposterous investment scheme involving a 12% guaranteed return backed by a mystery investor? The answer: The investment consultant used by the three pensions, Consulting Services Group[,] recommended it." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |