The massive New York state pension fund is pulling $111 million in investments from the company that owns Ben & Jerry’s because of the ice cream maker’s boycott of Israeli-occupied territories, The Post has learned. State Comptroller Tom DiNapoli – the sole manager of the state’s $263 billion Joint RetirementRead More →
JERUSALEM, Israel – Ben & Jerry’s continues to suffer a backlash for its decision to stop selling ice cream to Israeli settlement communities in the West Bank – biblical Judea and Samaria. The New York State Pension Fund is withdrawing $ 11 million in investments from Unilever, the parent companyRead More →
Dutch pension funds do not take any measures to protect their portfolios against rising inflation. Some funds believe they are already sufficiently protected while others believe that rising interest rates will protect their funding ratios. Trust managers Achmea Investment Management, Kempen and Blackrock have advised pension funds to increase inflationRead More →
Chancellor Rishi Sunak poses with the famous red box outside 11 Downing Street Chancellor Rishi Sunak has said he wants to change the way pension funds operate, allowing them to invest more in tech start-ups. Pension funds are crippled by regulations that limit them when it comes to investing inRead More →
One of the world’s largest pension funds, ABP, is selling its €15 billion stakes in fossil fuel companies including Royal Dutch Shell, saying it has been unable to persuade the sector to move fairly quickly to decarbonization. Corien Wortmann-Kool, the chairman of ABP, the Dutch pension fund for civil servantsRead More →
The pension credit provides additional money to help people over retirement age with low incomes cover their living costs. By claiming a pension credit, people could see their weekly income reach £ 177.10 per week and get a free TV license if they are 75 or over. People with shelterRead More →
Posted 25 October 2021 The total amount of pension funds invested in banks by pension fund administrators rose to 2.05 billion naira at the end of July from 1.48 billion naira in January. The National Pensions Commission revealed this in its report, entitled “Unaudited report on the portfolio of theRead More →
The Department for Work and Pensions said many pensioner households across the UK may be eligible for a pension credit, but are not claiming the benefit. The DWP estimates that up to a million retirees lack extra cash. Pension credit can help supplement retirement income, even if someone is alreadyRead More →
Dutch pension funds need to improve their cybersecurity, according to pension fund regulator DNB. According to Jacco Jacobs, head of operational and IT risks at the regulator, knowledge of operational and other non-financial risks is also lacking among pension fund managers and supervisory boards. Jacobs based his concerns, which heRead More →
Representative Alexandria Ocasio-Cortez’s Green New Deal program now governs the future of the city’s pension funds, Mayor Bill de Blasio and city comptroller Scott Stringer said Thursday. Self-proclaimed socialist AOC was in attendance at town hall on Thursday as town politicians, each with less than three months in office, pushedRead More →
British pension plans have around £ 128 billion invested in fossil fuels, which works out to around £ 1,916 for every person in the UK, according to a Friends of the Earth study. The report, Polluted pensions? Clean the air around UK pensions and fossil fuels, found that a typicalRead More →
The two largest pension funds in New York City’s retirement systems have agreed to achieve net zero greenhouse gas emissions in their investment portfolios by 2040, the supervisor of New York City said on Wednesday. City Scott M. Stringer and Mayor Bill de Blasio. Administrators of the New York CityRead More →
Capital markets The participation of pension funds in the market is declining Tuesday, October 19, 2021 Absa Headquarters in Westlands, Nairobi. PHOTO FILE | NMG By ELIZABETH KIVUVAMore from this author Summary Pension plans have cut back investment in securities on the Covid-19 disruptions, dulling the participation of local investorsRead More →
By Matthew Burns, WRAL.com Senior Producer / Political Writer Raleigh, North Carolina – No more Chunky Monkeys for state retirees? State Treasurer Dale Folwell said on Friday that a Conservative group had asked North Carolina pension funds to divest all stakes in Ben & Jerry’s parent company because the iconicRead More →
The Financial Sector Conduct Authority (FSCA) sat with more than R44 billion in unclaimed pension funds owed to 2.5 million South Africans. JOHANNESBURG – The Financial Sector Conduct Authority (FSCA) said it had proposed to the Treasury to create a centralized fund for unclaimed pensions, with the aim of tracingRead More →
Many people would be horrified to find out that they have unknowingly invested in arms companies, tobacco companies and fossil fuel miners. This may well be a reality, as many people’s pensions are invested in unethical funds that don’t even offer them the best returns. A new NerdWallet survey lookedRead More →
There are good reasons why pension funds should do not investing in the crypto and blockchain space. The industry is too new, too volatile and mind-numbingly technical. Additionally, the rules and regulations governing the sector have yet to be established. But the fixed-income financial instruments that pension funds typically favorRead More →
I didn’t think my pension credit was affected by someone living with you unless they were living with you as a couple? A. You are correct in what you say that living with someone as a couple would change your rights, however, it can also be affected if a friendRead More →
Dutch pension funds must speed up implementation of the Sustainable Finance Disclosure Regulation (SFDR), according to financial market regulator AFM. But for now, compliance will not yet be rigidly enforced, AFM director Laura van Geest said. “The pension sector is less advanced in the implementation of the SFDR than theRead More →
AP7, Stockholm, and the $ 4.5 billion Louisiana Sheriff’s Pension and Relief Fund Baton Rouge have settled a lawsuit over sales figures made with Luckin Coffee, a door confirmed. – speech of AP7. A securities class action lawsuit has been filed in the U.S. District Court for the Southern DistrictRead More →
The three Baltimore pension funds will soon have to withdraw from fossil fuels. Baltimore Mayor Brandon M. Scott, a Democrat, on Monday signed a bill requiring the $ 3.5 billion Baltimore Police and Fire Department Employee Retirement System, the employee retirement system of the $ 2.2 billion city of Baltimore;Read More →
WITH winter on the horizon, a Moray advisor is urging eligible retirees to ensure they are claiming a pension credit. Councilor Sonya Warren urges PAOs to verify if they are eligible for the pension credit. Photo: Daniel Forsyth Councilor Sonya Warren (Buckie, SNP) pointed out that many PAOs needlessly makeRead More →
Country united states of americaUS Virgin IslandsMinor Outlying Islands of the United StatesCanadaMexico, 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, RepublicRead More →
Earlier this year, the Boards of Swansea and Neath Port Talbot, together with partner organizations, launched the 0800 112 4763 free telephone number to help people over 66 who may not benefit from the pension credit. So far, this helpline has helped people successfully claim 113 different benefits, with manyRead More →
Additionally, reforms enacted over the past decade, such as increasing taxpayer and employee contributions and limiting benefits for new hires, mean the funds as a group are now in “positive amortization.” , with more money collected net of benefits than the present value of new additional benefits, reducing the fundingRead More →
“Our pension funds remain very well funded,” Russo said. “We have been on the right track, and we continue to be on the right track, in all of our plans.” Records show that the main Public Employees Retirement Fund (PERF) was actuarially funded at 82.7% as of June 30, evenRead More →
Transport for London Pension Fund aims to cut carbon emissions by more than half by 2030 and fully by 2045, the £ 13 billion ($ 17.8 billion) fund announced on October 1. Directors of the pension fund said in the statement that the net carbon reduction strategy “is arguably theRead More →
After a difficult year marred by the pandemic, many of the public pension funds that Pensions and investments follows rebounded strongly during the fiscal year ended June 30. Not only have absolute returns been better, the majority have outperformed the benchmark over the one-year and 10-year periods. Beat the mark:Read More →
New Delhi: Digital Life Certificate (Jeevan Pramaan) is a digital biometric service for retirees. Central or state government retirees, the employee provident fund organization or any other government organization whose pension disbursement agency is active for the DLC can benefit from this facility. For the convenience of EPFO 35 lakhRead More →
Investing in private markets, including private equity, private debt, real estate and infrastructure, has helped funds more comfortably meet their return targets in a decade characterized by low returns. Larger allocations to unlisted assets have also been a key factor in enabling pension funds to weather market volatility caused byRead More →
It’s more crucial than ever for Britons to save as much as possible on their energy bills, especially as winter is here with some simple tips that can save them hundreds. On which ? Money podcast, finance expert Sarah gave listeners some tips for saving money on their energy bills.Read More →
A New York U.S. District Court judge on Thursday ruled that some lawsuits filed by a dozen institutional investors alleging mismanagement related to an enhanced return strategy managed by Allianz Global Investors could range from before. The plaintiffs alleged in the lawsuits that AllianzGI abandoned its investment and risk managementRead More →
Following reports of a potential increase in the cost of council tax, which would mean the average person would need an additional £ 500, retirees may want to check if they are eligible to apply a pension credit and reduce their tax bill. The tax increase is expected to beRead More →