AFT Report Reveals Asset Managers’ Hypocritical Assault on Workers’ Retirements
WASHINGTON—A new edition of an influential report published by the American Federation of Teachers exposes Wall Street asset managers who earn millions in fees from defined-benefit pension plans while simultaneously taking actions that can undermine their very existence. “Ranking Asset Managers: A Retirement Security Report on Money Managers for Pension Fund Trustees” (sixth edition), distributed this [...]