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Maryland to Launch Retirement Program in Summer 2022 | Chief Investment Officer

MarylandSaves is the first state-sponsored automatic plan to provide income during retirement. ....

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MarylandSaves State-Run Retirement Program to Launch Next Summer

The plan focuses on helping employees build emergency savings before saving for retirement. ....

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Saving for Now, Later, and a Lifetime: A Summit on the Foundational Role of Liquid Savings

Saving for Now, Later, and a Lifetime: A Summit on the Foundational Role of Liquid Savings
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Column: We loved our pensions. Then our employers took them away. How was that allowed to happen?

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In a recent column in the New York Times, Paul Krugman argued that if President Biden succeeds in giving Americans affordable childcare, universal pre-K and paid family leave, it will be almost impossible to take them back.
People would never allow such desirable, transformational benefits to be taken away once they had become part of the fabric of our society, he wrote. Officials wouldn’t dare try because the backlash would be too great.
I hope he’s right. But all I could think, as I read along, was, “If that’s the case, where’s my pension?”
I’m talking about the kind of old-fashioned pension that many of our mothers, fathers and grandparents received a “defined-benefit” pension, which provided employees with a guaranteed lifelong income as they grew old in retirement. ....

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Thornburg Expands Board with Addition of Blair C. Naylor as Independent Director

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SANTA FE, N.M., April 6, 2021 /PRNewswire/ Thornburg Investment Management ( Thornburg ), a global investment firm that oversees $47 billion in assets
1, today announced the appointment of Blair C. Naylor as independent director to the Thornburg Board of Directors, effective April 1, 2021. Thornburg s Board of Directors is now comprised of seven members, four of whom are independent.
Blair s three decades of financial industry experience and deep philanthropic involvement in our community align with Thornburg s values, said Garrett Thornburg, chairman and founder of Thornburg. We believe Blair s leadership and perspective will help us continue to grow, innovate, and affirm our commitment to clients. ....

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