Pretoria – A Limpopo woman whose husband divorced after 35 years of marriage has lost her legal offer not to share her pension of over R 2.8 million with him. The woman, who cannot be identified because her claim in the Polokwane High Court is part of a divorce action,Read More →
Swiss pension funds invest more sustainably: strong incentives, but also obstacles Credit Suisse publishes its 2021 study on pension funds 30.11.2021 More information Christian wickiHead of Strategic Advice, Pension Funds & Corporate InvestorsCredit Suisse (Suisse) AG+41 44 332 32 [email protected] Dr Jan SchüpbachPolitical Economist & Thematic EconomicsCredit Suisse AG+41 44Read More →
While the UK government has called on pension funds to support the country’s efforts to ‘build back better’, some schemes have had to limit their ambition to invest in UK green infrastructure due to the scarcity of offer, reported MandateWire, sister title to Pensions Expert. Speaking at the Global ResponsibleRead More →
Large funding gaps are driving pension plans to invest money in private assets in search of returns, increasing the risk of overloaded transactions and moderate earnings, a new study finds. The report from Amundi, Europe’s largest asset manager, and Create Research studied 152 defined benefit pension plans managing € 2.1Read More →
Benefit payments confirmed by the DWP will rise 3.1% next year, in line with the Consumer Price Index (CPI). This means that pension credit rates will increase across the board. Pension credit rate Currently, Pension Credit tops up weekly income to £ 177.10 for single applicants or £ 270.30 forRead More →
Personal finance oi-Kuntala Sarkar | Posted: Saturday November 27th, 2021 11:15 AM [IST] The National Pension System (NPS) allows policyholders to accept asset allocation under G-Sec (government securities). The National Pension System (NPS), offered by the Indian government, allows policyholders to choose between active and automatic choices. NPS G-sec fundsRead More →
Search mutual fund quotes, news, net asset values Zomato INE758T01015,Read More →
Pension funds remain the largest group of asset owners in the world with a share of 58.1%, according to the Thinking Ahead Institute. As reported by our sister title, European pensions, a new TAI study found that the total assets of the world’s 100 largest asset owners rose 15.7% lastRead More →
People aged 75 or over who apply for a pension credit will be able to obtain a free television license from the public broadcaster. By law, TV licenses are required to watch or record live TV programs on any of your devices. In addition, it is necessary to download orRead More →
“Only 16% […] took independent financial advice to discuss their retirement options ” New research of 1,612 UK adults with work or private pensions for independent price comparison site NerdWallet found that, more than six years after the introduction of pension freedoms, the vast majority of retirees still does notRead More →
The pension credit is an underclaimed benefit, with only around 60% of people entitled to it, Hargreaves Lansdown said. Photo: Getty One million people in the UK may not qualify for retirement credit, according to a new study by Hargreaves Lansdown, The pension credit is a benefit for retirees thatRead More →
By MADISON HIRNEISENTHE CENTER SQUARE STAFF REPORTER (The Center Square) – Some California public employees will soon have to contribute more of their retirement pay after a change in the investment policy of California’s public employee retirement system. The CalPERS board of directors voted on Monday to select a portfolioRead More →
Swiss plans have this year invested 22% of their assets on the basis of active strategies leading to a reduction in CO2 emissions, against 8% last year, according to the latest ranking published by Klima-Allianz, a league of civil society organizations. This amounts to CHF 281 billion (€ 267 billion)Read More →
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The Covid-19 pandemic has highlighted why pension funds must diversify between asset classes and geographies to continue to generate good returns in an environment of low interest rates and high inflation, experts said at the 2021 Arab Pensions Conference. Markets and stocks have performed well since the 2008 financial crisisRead More →
Britain’s state pensions will get their third highest increase in 10 years in 2022. Despite the increase, the elderly community expected them to pocket even more. So how much does the pension credit increase and what can retirees expect to receive? How much will payments increase in 2022? Depending onRead More →
(Bloomberg) – The UK’s proposed overhaul of the nuclear power plant financing mechanism will attract more local investors, making the government less dependent on Chinese money for infrastructure projects, the project developer said of the 20 billion pounds ($ 26.9 billion) Sizewell C project. A bill passed by parliament implementsRead More →
Updated 16/11/2021 – 10:01 The UK Governments benefit plans see types and amounts change frequently, especially as the end of the year approaches. There will be advantages as the Cold weather payments that are activated, while there are also changes to Universal Credit, Pension credit and Household support fund. MakeRead More →
Updated 11/15/2021 – 12:00 There is good news on the horizon, as the retirees of the UK will receive the third highest increase in the state pension over the past 10 years, however, the seniors’ community was optimistic that they would get even more money. How much will payments increaseRead More →
Pension funds of several entities, including Punjab National Bank () and Food Corporation of India, face the risk of losses on their respective exposures to around ₹4,800 crore of bonds issued by two companies of the troubled financier Srei Group, based in Kolkata, which are currently subject to central bankRead More →
The £ 25 boost is provided by the Cold Weather Payment, which is available to people who are on certain benefits, such as the pension credit. The payment is one of the many income supplements available to UK retirees each winter. Eligible persons must receive their payment within 14 daysRead More →
Updated 10/11/2021 – 09:47 As up to one million additional retirees across the UK are deemed to be entitled to Pension creditaccording to Department for Work and Pensions (DWP)the calculations of. The number is for those who are eligible for the benefit but are not yet claiming it, raising doubtsRead More →
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Can green investment save the planet? A new newsletter course from The Globe explores climate-friendly investing. Register today. The COP26 summit in Glasgow put major institutional investors in the spotlight as financiers of both climate change and solutions to combat it. With assets exceeding $ 2 trillion, Canada’s largest pensionRead More →
The Connecticut Treasury has selected State Street Bank & Trust as the primary custodian bank for a total of $ 61 billion for Connecticut’s pension plan and trust funds and internally managed funds, the state treasurer said. Shawn Wooden. Boston-based State Street will also be the investment account manager forRead More →
The hedge fund industry averaged only a 4.6% annual return over the 10 years ending June 30, 2020, just over a third of the benchmark S & P500 which was on average 12.5% per year, according to the latest Global SWF newsletter. The relatively low returns of hedge fund programsRead More →
Sydney Airport’s board has agreed to takeover from a consortium led by Melbourne-based IFM Investors for A$23.6 billion (US$17.5 billion), as part of one of Australia’s largest-ever deals as pension funds and asset managers continue their sweep of the country’s infrastructure. . The consortium, known as the Sydney Aviation Alliance,Read More →
Savers could lose track of around £ 64 billion in retirement savings due to outdated contact details, with only 37% of savers updating their addresses with their pension provider before moving, according to a PensionBee study . The survey found that while 67 per cent of savers understood that byRead More →
TOP NEWS OF THE WEEK The Government Pension Investment Fund (GPIF), posted a return of 0.98%, or 1.88 trillion yen ($ 16.6 billion), in the second quarter ended September, bringing its assets under management to 194, 1 trillion yen ($ 1.71 trillion), the largest pension plan in the world. fundRead More →
Online and mobile banking services have become an important part of the way people manage their money these days. RCI Bank found that 78 percent of the nation logs on weekly to check their bank balances, 47 percent review their savings, and 25 percent verify their investments. Clifford Belton, 78,Read More →
Canadian pension funds light up muted Diwali week for deals | VCircle Homepage Finance Canadian pension funds light up muted Diwali week for deals Canadian pension funds light up muted Diwali week for deals Photo credit: 123RF.com Private equity and venture capital investments during Diwali week were the lowest sinceRead More →
Band Mike Dolan LONDON, November 5 (Reuters) – Despite all the inflation angst, short-term interest rate volatility and central bank distraction, long-term bond yields remain calm – in part thanks to an old friend who will stick around for a long time. Loving bonds when fully funded, the behavior ofRead More →
Top Dogs at MoneySavingExpert have revealed how you can get £ 25 a week to help pay your heating bills for each week you see freezing cold. The financial advisory service, chaired by Martin Lewis, provided details of the government’s cold weather payment. “You will receive £ 25 whenever theRead More →
NEW DELHI: The National Highways Authority of India (NHAI) First Infrastructure Investment Trust (InvIT) has successfully raised Rs 6,000 crore with the participation of two Canadian pension funds, LIC and national banks. The two Canadian pension funds – the Canada Pension Plan Investment Board and the Ontario Teachers’ Pension PlanRead More →
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Birds fly over a closed steel plant where the chimneys of another working factory are seen in the background, in Tangshan, Hebei province, China on February 27, 2016. REUTERS / Kim Kyung-Hoon / File Photo Register now for FREE and unlimited access to reuters.com Register GLASGOW, Nov 2 (Reuters) –Read More →
Nordic and UK pension funds plan to allocate $ 130 billion (€ 112 billion) to clean energy and climate investments by 2030. The commitment was announced at COP26 in Glasgow by the CEOs of the Nordic and UK pension funds that are part of the international public-private sector initiative ClimateRead More →
Major pension funds in the Nordic region mainly expect inflation to return next year, albeit at a higher level, but investment policymakers are also on the lookout for the risk that things will go wrong. are not going so well, according to the views gathered by IPE. Financial markets aroundRead More →
The vast majority of pension funds in the Netherlands now apply some form of sustainable investing, but the implementation of these policies is still ongoing, according to VBDO, the Dutch association of investors for sustainable development. “Pension funds can use the instruments at their disposal to influence sustainability outcomes, suchRead More →
If you’ve already approached state retirement age, or are set to do so in the next few years, you might want to take a look at something called retirement credit. This is a benefit paid to people of at least retirement age to help them with their essential daily tasks,Read More →