Category Archives: news

September 15, 2015
SC’s College Savings Plan Awarded National Top-Ten

(Columbia, SC) – State Treasurer Curtis M. Loftis, Jr., is pleased to announce that South Carolina’s 529 College Savings Plan Future Scholar has placed among the top ten 529 plans in the nation for performance over 1-, 3-, and 5- … Continue reading

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September 9, 2015
SC paid $2.6 BILLION in fees…to be in last place!

Dear friends, It’s unbelievable but true! The SC Retirement System Investment Commission paid $2.6 billion in investment fees and their returns (earnings) are dead last for the 10-year period ending June 30, 2015. $2.6 billion in fees is a huge … Continue reading

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September 2, 2015
State Treasurer’s PowerPoint on Investment Commission’s performance.

State Treasurer’s PowerPoint on SC Investment Commission  

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SC gambled and lost – and you owe $7 billion.

Dear friends, SC gambled and lost – and you owe $7 billion. Over the last 10 years at least $7 billion of your money has been lost due to poor investment performance by the SC Investment Commission. The Commission was … Continue reading

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July 29, 2015
Student Representative visits Treasurer Curtis Loftis

From Savannah Now – Rep. for a Day Soucy enjoys visit to S.C. Statehouse What a whirlwind of activity and political positioning for Representative of the Day Collin Soucy and Jasper County. Rep. Soucy began his duties May 13-14 at … Continue reading

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July 23, 2015
Curtis Loftis request SEC to address Private Equity fees and expenses

As state Treasurers and Comptrollers, we hereby urge the SEC to require general partners to make better disclosure of private equity expenses to limited partners. Private equity as an asset class plays a central role in public pension fund investment. … Continue reading

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July 12, 2015
SC State Treasurer Curtis Loftis’ Financial Literacy School Tour

SC State Treasurer Curtis Loftis’ Financial… by studsnip

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July 7, 2015
Treasurer Reclaims $60 Million in Insurance Policies for SC Citizens

From: MidlandsBiz This week the State Treasurer’s Office staff searched for and located two beneficiaries of life insurance policies totaling $325,925. The beneficiaries did not know the policies existed or that the Treasurer’s office had taken steps to retrieve these … Continue reading

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June 13, 2015
Wando student wins Junior Duck Stamp Competition

From Moultrie News State Treasurer Curtis M. Loftis Jr. presented 14-year-old Rose Holstein with a check for $1,800 on May 27 on behalf of South Carolina’s Future Scholar 529 College Savings Plan. Holstein, a student at Wando High School, created … Continue reading

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May 29, 2015
Parents get to bring home their new baby plus $529

GREENVILLE, S.C. —The family of Sidney Ellen Hudson, barely a few hours old, not only gets to take her home from the hospital, but also a $529 college savings grant. South Carolina State Treasurer Curtis Loftis stopped by Greenville Memorial … Continue reading

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