Defined benefit plans are disappearing from the work place. In stead, defined contribution plans which are grossly underfunded are now the norm. Add employer sponsored health plans with high deductibles or with no medical insurance to the list of lost benefits.
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Brookfield in talks with India's Reliance Industries to buy tower, fibre assets: reportCanadian private equity firm Brookfield Asset Management is in preliminary talks... and to think when I listened to The Archers...Brookfield was just a small farm... Canada’s Brookfield Asset Management in talks with India's Reliance Industries to buy tower, fibre assets: report Financial CSR fraud. RIL's corrupt vigil mechanism Ethics Compliance Task Force shielded corrupt management RIL violated market regulator's listing obligation disclosure requirement. Authorities ask RIL RF to explain CSR spend STAKEHOLDER INVESTORS RISK
Source: Reuters - 🏆 2. / 97 Read more »
America’s public pension plans make over-optimistic return assumptionsEven with an optimistic accounting approach, public-pensions on average are underfunded those growth stocks & funds. stock-picking fund managers love those. generating management fees. and, when it comes to public-pensions, is it really anybody's money anyway? So what’s your take away Milton Friedman? Dissolve public pensions schemes and jump in bed with the private insurance companies? As you know they did that in Britain and it was really poor value bordering on disaster!
Source: TheEconomist - 🏆 6. / 92 Read more »
Britain beefs up plans to punish pension pot mismanagementEmployers who mismanage workers' pensions pots will face up to seven years ...
Source: Reuters - 🏆 2. / 97 Read more »
Value Hides In Plain Sight: Understanding Hidden Assets And How To Find Them'Hidden assets' can be a great source of investment ideas that are outside of the mainstream. This article details two companies with 'hidden assets' that many investors are currently overlooking. Brexit at Tiffany's?
Source: Forbes - 🏆 394. / 53 Read more »
Apple is reportedly planning a subscription news service, and wants to keep half the revenueThe service would be a quick way to monetize Apple's News app, and would bolster the company's services revenue when hardware sales slow. Doing it for the love! Now all they need is a subscription based tv and movie service.
Source: CNBC - 🏆 12. / 72 Read more »
Bizarre Half-Male, Half-Female Bird Discovered In PennsylvaniaThanks to the developmental fusion of male-female bird twins into one individual, this northern cardinal is half red and half tan -- split lengthwise down its middle -- and is half male and half female Thanks for nothing. Did someone ASK the bird if it was male or female? I would describe it as non coforming. It's cute though. There are still only two human genders. Always will be.Nice try
Source: Forbes - 🏆 394. / 53 Read more »
A cardinal that is half male, half female puzzles scientists, delights birdwatchersKnown as gynandromorphs, scientists say the creatures are extremely difficult to study because they are so rare. - NBCOUT NBCOUT They are all over the Little town here in Streetman TX NBCOUT So rare, that it could be considered somekind of biological disorder? NBCOUT WOWWWSERS i neva` seen that kinda birdy!
Source: NBCNews - 🏆 10. / 86 Read more »
More than 200 Baptist ministers, deacons and others found guilty of sex abuse, report saysA total of about 380 Southern Baptist leaders and volunteers have faced allegations of sexual misconduct, a newspaper investigation found. Religion is evil Religion is the worst plague ever to infect the human psyche. I know it's too many, but is this a lot? Out of how many total?
Source: NBCNews - 🏆 10. / 86 Read more »
North Korea Keeps Stockpiling Materials to Make Nuclear Weapons, Report FindsThe threat has subsided since the country suspended missile tests, the report said, but is a reminder of Pyongyang’s ability to increase its nuclear arsenal should diplomacy with Washington falter. So what Would someone convince Trump of this, or get him to care. U should never trust to Dictators
Source: WSJ - 🏆 98. / 63 Read more »