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Investments

State pension funds top $30B in assets, a record

State pension funds top $30B in assets, a record

INDIANAPOLIS | A 13.7 percent investment return — more than double the 6.75 percent target — helped grow the assets of the Indiana Public Retirement System to an all-time high of $30.2 billion during the 2014 budget year that ended June 30.

September 20, 2014 11:15 pm Related

NorthWest Indiana Bancorp declares third-quarter dividend

MUNSTER | NorthWest Indiana Bancorp, the parent company of Peoples Bank, announced a dividend of 25 cents per share.

September 03, 2014 11:03 am

Annuity changes could have been worse

INDIANAPOLIS | The annuity options for retiring public employees, including teachers, may have been much worse if it wasn't for the intervention of a small group of Hoosier lawmakers, including state Sen. Karen Tallian, D-Ogden Dunes.

August 03, 2014 12:00 am
GOP state treasurer candidate quits job to focus on campaign

GOP state treasurer candidate quits job to focus on campaign

INDIANAPOLIS | The Republican candidate for state treasurer is quitting her staff job in the treasurer's office to focus on her campaign.

July 25, 2014 6:35 pm
State ends budget year with surplus, despite revenue drop

State ends budget year with surplus, despite revenue drop

INDIANAPOLIS | Indiana took in more money than it spent during the 2014 budget year, even as Republican Gov. Mike Pence's tax cuts dropped total state revenue below the prior year for the first time since the Great Recession.

July 14, 2014 5:30 pm Related

Insiders jostling for Ill. medical pot business

SPRINGFIELD | In a sign Illinois' new medical marijuana law could be a gold mine for investors, a politically connected Glenview attorney is hoarding pot-related company names in hopes of cashing in if the business takes off.

June 14, 2014 12:15 pm
State treasurer candidate focuses on financial education

State treasurer candidate focuses on financial education

INDIANAPOLIS | Republican Kelly Mitchell is making financial education the cornerstone of her campaign for Indiana state treasurer.

April 02, 2014 11:45 am Photos

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FRA students get a Stock Market 101 lesson

FRA students get a Stock Market 101 lesson

SCHERERVILLE | What does your portfolio look like?

February 06, 2014 12:00 am
Bates enters GOP state treasurer contest

Bates enters GOP state treasurer contest

INDIANAPOLIS | Richmond financial adviser Don Bates has formally joined the race for the Republican state treasurer nomination.

November 05, 2013 11:05 am Related

Pension officials ignore legislative opposition to annuity privatization plan

INDIANAPOLIS | State pension officials refused Friday to back off their plan to privatize annuity payments for retired state and local government employees, despite a strong legislative recommendation that they reconsider.

October 25, 2013 10:35 am

Lawmakers repudiate annuity privatization for retired government workers

INDIANAPOLIS | A legislative panel recommended Monday that state pension officials halt their plan to privatize annuity payments for retired state and local government employees.

October 21, 2013 3:00 pm

Three now vying for GOP state treasurer nomination

INDIANAPOLIS | With the Republican secretary of state and state auditor nominations likely locked up by incumbents, the state treasurer race is shaping up to be the battle to watch at next summer's GOP state convention.

October 14, 2013 5:59 pm
Gonzalez, Preckwinkle showcase Cook County investments totaling $11M in Chicago Heights

Gonzalez, Preckwinkle showcase Cook County investments totaling $11M in Chicago Heights

CHICAGO HEIGHTS | Cook County Board President Toni Preckwinkle and officials from the U.S. federal housing authority visited Chicago Heights last week to see for themselves the $11 million of federal- and county-funded investments the city has received in recent years, according to a news re…

March 27, 2013 12:00 am

Coalition urges broadband means new jobs

SPRINGFIELD | Investments in broadband technology created more than 13,000 jobs in Illinois in 2010 and 2011, according to a study funded by AT&T.

February 03, 2013 6:00 pm
INVESTMENTS: Stay in it for the long term

INVESTMENTS: Stay in it for the long term

Sticking to your goals and thinking long term remain more important than ever, as the panicked din of the media and pundits grows louder and louder.

January 27, 2013 12:00 am

Citizens Financial Bank parent maintains dividend

The corporate parent of Citizens Financial Bank declared a quarterly dividend of a penny per share payable Jan. 25.

December 20, 2012 11:00 am

Citizens Financial Bank parent maintains dividend

The corporate parent of Citizens Financial Bank declared a quarterly dividend of a penny per share payable Oct. 26.

October 01, 2012 11:00 am

Weak investment returns will require higher pension payments

INDIANAPOLIS | Local governments and school corporations will pay higher employee pension contributions next year due to lackluster stock market earnings during the 2012 budget year that ended June 30.

August 14, 2012 11:09 am

Citizens Financial Bank parent announces quarterly dividend

The corporate parent of Citizens Financial Bank declared a quarterly dividend of a penny per share payable July 31.

July 06, 2012 5:00 pm

Secretary of State urges wariness on business 'crowd funding'

INDIANAPOLIS | Investors should be skeptical of offers to participate in "crowd funding" new businesses until federal rules take effect in 2013 and must then watch out for scams, Indiana's investment regulator warned Wednesday.

May 30, 2012 11:18 am Related
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