Corporate pension funds in Japan struggle to identify best allocation strategies as reverberations of global disruptive events ripple through emerging markets in Asia, top pension funds say . As China’s economy is tested by the shutdowns and general repercussions of the Covid-19 pandemic, as well as regulatory interventions that haveRead More →

According to Aeon Investments, more than two-fifths (43%) of pension funds and other institutional investors expect the performance of fixed income securities to deteriorate further over the next 12 months, with 13% expecting a significant drop. The research comes after global bond markets suffered “significant losses” in recent months. MoreRead More →

Money-saving expert Martin Lewis explained the main benefits of pension credit and how Britons could get support. It comes as the Department for Work and Pensions (DWP) celebrates Pension Credit Action Day. It is part of a new advertising campaign aimed at encouraging increased take-up of the benefit among pensioners.Read More →

Department for Work and Pensions (DWP) benefit claimants were underpaid by around £2.6billion in the 2021/22 financial year, according to new reports. Additionally, others claiming benefits from the UK government department have been overpaid by an estimated £8.6billion collectively. As The Mirror reports, it is the result of mistakes madeRead More →

Advertising As Canadian lawmakers meet to discuss the second anniversary of the introduction of the draconian national security law in Hong Kong, they will also consider the issue of Canadian pension funds passively investing in Chinese stocks and bonds linked to serious human rights violations. Russia’s brutal invasion of Ukraine,Read More →

The pension credit is separate from the state pension, which is automatically paid to Britons once they reach statutory retirement age. The extra cash helps cover living costs and has become increasingly important in recent months as energy bills and inflation continue to soar. Are you entitled to pension credit?Read More →

Pension plans and other institutional investors are adopting a federal proposal that would require hedge funds and private equity funds to provide more information to investors. University endowments, insurance funds and pension funds serving teachers and firefighters are urging the Securities and Exchange Commission to move forward with a proposedRead More →

The 2021 financial year was an excellent year for public pensions. According According to funding data from Pew Charitable Trusts, a decade of rising pension contributions has been bolstered by the 2021 reopening rally. As a result, public pensions in all 50 states have seen their funded ratios exceed 80%,Read More →

More than 1,000 Ukrainian refugees over retirement age who are eligible for this financial assistance are benefiting from it. The payment is designed to support low-income people with top-ups, as well as open up eligibility for other aid. This includes free TV licenses for over-75s, council tax help and freeRead More →

New Delhi: The Ministry of Defense has requested Defense Pensioners to complete their annual life identification/certification process by May 25, 2022 to ensure proper processing of the monthly pension. “After verifying the data received as of 17 May 2022, it was found that 43,774 retirees who were migrated to theRead More →

Largest corporate pension plans ranked by funded ratio – plan assets as a percentage of projected benefit obligation – as of December 31, 2021, unless otherwise noted. Dollars are in millions. Rank plan sponsor Funding rate Fair value of plan assets Performance obligation Funded Status Long-term expected rate of returnRead More →

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 →

The composite returns of 40 medium-to-small Texas public pension funds exceeded those of a 60/40 benchmark portfolio for all measured periods ending Sept. 30, according to a report by the Texas Association of Public Employee Retirement Systems, an industrial group. According to “Report on the Asset Allocation and Investment PerformanceRead More →

China has launched its first private pension program for workers in the country, opening the door to foreign insurers and asset managers, Reuters reported on Thursday. Under the new scheme, workers can contribute up to 12,000 yuan, or about US$1,860, annually to their pension fund, Reuters reported on Thursday, citingRead More →

WASHINGTON, April 15, 2022–(BUSINESS WIRE)–The United Food and Commercial Workers International Union is calling on public pension funds invested in KKR Asian Fund III to divest Cue Group, a Chinese artificial intelligence company that has worked with a branch of the Ministry of Public Security, the body that oversees theRead 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 →

The majority of commercial real estate assets held by European pension funds do not yet have strong ESG credentials, according to a report by Deepki. As our sister publication reports, European pensions, The Deepki Report on European Pension Funds: Integrating ESG into Commercial Real Estate Investing surveyed 250 European pensionRead 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 →

More than £100bn (€120bn) of the capital of the UK’s defined contribution (DC) pension scheme could be allocated to infrastructure investment, according to a report by one of the leading consultancies. country pension advice. Hymans Robertson’s article suggests that investing in infrastructure could “improve outcomes” for members of defined contributionRead 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 →