Credit Suisse shareholders have rejected the proposal for a special audit aimed at clearly determining the bank’s position on the Greensill affair and the so-called Swiss Secrets presented by the Ethos Foundation and seven pension funds at its general meeting Annual Meeting (AGM) last Friday. Shareholders rejected the company’s proposalRead More →

1 year Billed annually at 4699 ₹ 392 / month 2 years Billed annually at 6999 ₹ 292 / month 3 years Billed annually at 9399 ₹ 261 / month 1 year Billed annually at 6999 ₹ 583 / month 2 years Billed annually at 8799 ₹ 367 / monthRead More →

Mexican pension fund managers (Afores) have so far invested 460 billion pesos ($23 billion) in infrastructure. The pension regulator Consar wants to increase this amount to stimulate development and stimulate small projects. BNamericas spoke with Consar Director Iván Pliego Moreno about the relationship between the infrastructure sector and pension fundRead More →

Pensioners and their loved ones are urged to take up the pension credit, as a new government campaign is launched to help those of retirement age with the cost of living. From this month, advertising for Pension Credit will appear in internet search results and social media, before being extendedRead More →

Four of the five New York City Retirement Systems pension funds have reached agreements with 11 companies that will disclose workforce data annually, City Comptroller and Trustee Brad Lander announced Thursday. retirement plans. The companies are American Express, Anthem, Honeywell International, Illumina, Intuitive Surgical, Raytheon Technologies, Simon Property Group, TexasRead More →

Despite rising household incomes for retirees, many are still struggling and could benefit from the support provided by Pension Credit. Applicants could get additional income every week. Recent data from the Department for Work and Pensions showed that in 2021 pensioners had an average income of £361 after housing costs,Read More →

Nigerian contributors often wonder where their pension contributions are invested and whether their funds are in safe hands. Therefore, it becomes imperative to explain the contributory pension scheme and how the pension contributions are invested by the administrators of the pension funds, PFAs. The Contributory Pension Scheme (CPS) is aRead More →

Sweden’s financial watchdog, Finansinspektionen, is urging the country’s insurance and pension companies to check their solvency levels regularly amid the war between Russia and Ukraine, despite low exposure to the region. The watchdog said a recent survey it conducted, due to “the troubled economic situation created by Russia’s invasion ofRead More →

New York’s top financial stewards have welcomed the Securities and Exchange Commission’s proposed rule to require companies to disclose climate-related financial risks. State Comptroller Thomas DiNapoli and City Comptroller Brad Lander welcomed the SEC’s proposal, saying environmental transparency is good for state and city pension plans. “This proposed rule willRead More →

SOFIA (Bulgaria), March 17 (SeeNews) – The number of Bulgarians switching between supplementary pension insurance funds increased by 12.2% quarter-on-quarter in the last quarter of 2021, with contribution transfers totaling 349.1 million levs ($196.3 million/€178.5 million), the country’s financial watchdog said. In the last three months of 2021, a totalRead More →

ST. PAUL, Minnesota (WCCO) – A bipartisan proposal unveiled Thursday would target Russia with economic sanctions to further punish its government for invading Ukraine by banning public investment in the country. The bill would direct the State Board of Investment over the next few months to divest Minnesota state pensionRead More →

The Caisse de depot et placement du Quebec and other pension fund managers have acknowledged or disclosed that they have invested around $100 million or more in Russia, mostly through publicly traded stocks.Christinne Muschi/Christinne Muschi/The Globe and The derussification of Canada’s largest public pension plans is nearly complete. The country’sRead More →

THE TOP 10 LARGEST PENSIONS IN THE WORLD 10.PFZW MARKET: Netherlands TOTAL ASSETS: $306,893 (as of March 31, 2021) (Photo from Amsterdam: Yasonya/Shutterstock) 9. CENTRAL PROVIDENCE FUND MARKET: Singapore TOTAL ASSETS: $349,787 (Photo: Central Provident Fund Board via Wikipedia) 8. CANADIAN PENSION MARKET: Canada TOTAL ASSETS: $390,503 (as of MarchRead More →

The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →

The country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →

New data from Stand.earth shows more than $800 million of US pension funds have been invested in the Russian war chest Stand.earth research shows millions from California, Massachusetts, Washington, Alaska, New York and others have invested heavily in Russian oil and gas Traditional Lummi and Nooksack Lands and Unceded andRead More →

Investors with retirement savings in lifestyle funds that automatically transfer them into bonds have been warned to reconsider because faster-than-expected interest rate hikes will affect their value. The value of so-called lifestyle funds fell 13% in the two months to mid-February as persistently high inflation and rising interest rate expectationsRead More →

State Treasurer Scott Fitzpatrick wants Missouri to join other states that are dumping of Russian investments from pension funds. In a Tuesday press release, Fitzpatrick called for an emergency meeting of the board of directors of the Missouri State Employees Retirement System (MOSERS) to vote to block future purchases ofRead More →

Retirees generally turn to the state pension to provide them with financial assistance. However, this is not always the only form of help available. Many retirees might find they qualify for the pension credit, which is designed specifically to help low-income people. The benefit supervised by the Department for WorkRead More →

Written by: Emma Lunn 02/24/2022 Up to 850,000 people eligible for Pension Credit in 2020 did not apply for the benefit, missing an average of £1,900 a year. The figures come from the latest earnings-related benefit figures from the DWP, which found that a third of those eligible for pensionRead More →

Low-income pensioners are missing out on average £1,900 a year by not claiming pension credit, according to the latest government figures. Some 850,000 families are missing out on a total of £1.7billion in financial support. Pension Credit is a benefit paid by the Department for Work and Pensions, which providesRead More →