As of August 1, those over 75 have to pay for a TV license, expect those receiving pension credit – here’s how to apply Video upload Video unavailable The video will play automatically soon8to cancel Play now Pension credit – what it is and how to claim it From tomorrow,Read More →
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please review our website policy before making any financial decisions. Unlike the first quarter of 2021, the second quarter did not see a list of top companies buying Bitcoin. However, what we saw in the second quarterRead More →
The pension credit is now used as a marker by which TV Licensing judges whether a person over 75 can get a free license. Following the changes of August 2020, many over 75 will now have to pay for their license when they previously had a free right. However, theRead More →
Canadian corporate and public pension plans in the RBC Investor & Treasury Services universe posted a median gross return of 4.4% in the quarter ended June 30. A press release issued Thursday reported strong performance by Canadian equities, which generated a median gross return of 7.9% for the second quarter.Read More →
The automatic right to a TV license for those over 75 ended last August. The changes made mean that only those over 75 benefiting from a Pension Credit will be entitled to a free license. This change has proven to be particularly controversial. In February, the BBC announced a transitionRead More →
Minister of Finance Tito Mboweni. South Africans who have been hit hard by the pandemic may soon be allowed to withdraw part of their pensions. On Wednesday, Finance Minister Tito Mboweni said the Treasury had had – “nauseated” – discussions with Nedlac businesses and unions over a proposal for limitedRead More →
Pension funds are financial intermediaries that provide social insurance by providing income to policyholders after retirement. Often, they also provide death and disability benefits. Pension systems are important cornerstones of European household income during retirement. Pension funds also play a role in financial markets as institutional investors. For these reasons,Read More →
Border to Coast Pensions Partnership, Leeds, England, is on track to save its partner pension funds more than £ 110million ($ 150million) in its first decade, the pool reported on Friday. This is the third annual report of the asset manager owned by 11 local government pension funds, with combinedRead More →
Large British pension funds should not wait until the next United Nations climate change conference, known as COP26, to commit to net zero targets to tackle climate change, the campaign said on Thursday at nonprofit Make My Money Matter. Make My Money Matter sent letters to 73 of the UK’sRead More →
[Courtesy] Pension funds increased their holdings of government papers by 274 billion shillings during the Covid-19 period. This scenario portends a nervous market that has been made worse by the impending general election. As of July 9, pension funds held 1.14 trillion shillings of government securities – treasury bills andRead More →
The Pension Fund Development and Regulation Authority (PFRDA) has broadened the investment universe of pension funds, allowing them to invest in the shares of the top 200 listed companies and in the initial public offering (IPO) of companies, among others. This move could give the stock markets a boost, inRead More →
Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, as well as a wider list of stocks, a senior official at industry regulator PFRDA said on Tuesday. The Pensions Regulatory and Development Authority (PFRDA) aims to increase the number of subscribers seeking to build aRead More →
Pension fund managers (PFMs) will soon be allowed to invest in initial public offerings, as well as a broader list of stocks, a senior official at sector regulator PFRDA said on Tuesday. The Pension Regulatory and Development Authority (PFRDA) aims to increase the number of subscribers seeking to build aRead More →
Legal bridges have now been permitted for foreign companies to hold – directly or indirectly – up to 74% of the capital of pension funds, with pensions regulator PFRDA notifying the new revised limit. The limit on foreign investment in pension funds was previously capped at 49 percent. The PensionRead More →
Posted on 07/14/2021 Boston Properties, Inc. is the largest developer, owner and manager of publicly traded Class A office properties in the United States. The Canada Pension Plan Investment Board (CPP Investments) and GIC Private Limited are part of a new co-investment program with Boston Properties for future acquisitions ofRead More →
All public pension plans in the United States should begin reporting their returns on a monthly basis to improve transparency of their funds, say researchers from Markov Processes International (MPI). Moving to monthly data reports is something the New Jersey-based investment researcher could help. The firm has developed its businessRead More →
Nordic pension funds and insurance companies have injected 550 million euros into the new transition-themed fund managed by P Capital Partners (PCP). When it first closed, the P Capital Partners Transition fund received capital commitments from Andra AP-fonden (AP2) and the insurance company Folksam, as well as from KPA Pension,Read More →