Franklin Electric Co., Fort Wayne, Ind., purchased a group annuity contract from Prudential Life Insurance Co. to transfer about $30 million in U.S. pension plan liabilities.

Ventura County (Calif.) Employees’ Retirement Association posted a preliminary net return of 11.8% for the fiscal year ended June 30.

The Labor Department’s Employee Benefits Security Administration advised small businesses interested in such plans to ask about fiduciary liability.

The greatest benefit arising from the trade deal agreement between the U.S. and the European Union is the removal of uncertainties, asset managers said.

Commissioner Caroline Crenshaw slammed the SEC for its most recent filing to a federal court hearing challenges against climate disclosure rule.

Glass Lewis and Institutional Shareholder Services filed a lawsuit against Texas over its new state law restricting the proxy-advisers’ ability to give advice to shareholders on environmental ...

The former deputy chief executive officer of asset manager H2O has been banned from working in financial services and fined more than £1 million ($1.3 million) by the U.K.’s Financial Conduct ...