#pension-funds

#pension-funds

In the last 18 months, at least eight US hospitals have closed their doors after being bought and sold by private equity firms. For years, the private equity industry has stirred controversy when its investments in healthcare, retail, and restaurants have gone south. Whenever things go wrong with private equity, people in the industry point to its economic benefits. These investments don't just benefit ultra-wealthy people, they say.

Bernard Doyle, at 73 years old, was astounded to discover in 2020 that there were insufficient funds in his pension account after following investment advice.

I really object having to hand money over knowing that it's going to be used in ways that are reckless, that are damaging my children's chances of a livable future, let alone my grandchildren.

KLP Pension has excluded defense companies Oshkosh Corp. and ThyssenKrupp AG from investments due to their ties with the Israeli military and Gaza conflict.

When considering retirement options, it's essential for individuals to evaluate their long-term financial health rather than following traditional advice blindly. A lump sum may not always be the best choice.

The commitment is subject to fiduciary duty and consumer duty, meaning investments will prioritize return over patriotic sentiment unless government structures align favorably.

Elon Musk's choice to become a political figure rather than a customer-focused leader has compromised the Tesla brand, according to Lehigh County controller Mark Pinsley.