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 →

Understand the impact of the conflict in Ukraine from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict The Australian government has called on the country’s pension funds to review their investment portfolios and offload their holdings of Russian assets, Reuters reported. Russia’s ongoing invasion of Ukraine hasRead 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 →

From Japan to the United States, sanctions threaten the assets of Russia’s main pension funds – Risk.net Drawer end navigation content Skip to main content Major global pension funds may dump Moscow-linked holdings in response to Ukraine invasion Norway’s announcement that it would divest its sovereign wealth fund’s Russian assetsRead 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 →

Money Saving Expert founder Martin Lewis explained how private workplace pension plans work and advised everyone to change their policy immediately for easy gains. Video loading Video unavailable The video will start automatically soon8to cancel play now Martin Lewis urges viewers to use pension search service A simple change meansRead More →

Denmark’s major pension funds have defended themselves after being challenged by a campaign group over the amount they invest in fossil fuel companies – particularly in stocks that increase their capacity for fossil fuels. The non-governmental organization (NGO) ActionAid Denmark (Mellemfolkeligt Samvirke) has published a new report in recent daysRead More →

Band David Randall NEW YORK, February 14 (Reuters) – Seven state government employee pension funds, including CalPERS, the largest US pension plan, have taken stakes in electric vehicle startup Rivian Automotive Inc. RIVN.O in the quarter that ended Dec. 31, according to securities filings released Monday. The Texas Teachers’ RetirementRead More →

Key points Inflation in the United States and the euro zone has continued to exceed expectations this year The transient nature of the phenomenon has been called into question Investors see inflation rising in the medium term Drivers of portfolio allocation are more or less unchangedRead More →

Pension funds in Arab countries have begun to integrate environmental, social, governance (ESG) and sustainable development issues into their investment decisions, according to a report by the Arab Monetary Fund (AMF) and the United Nations Program for Development. However, more progress needs to be made if pension funds are toRead More →

The former owner of Norton motorcycles has pleaded guilty to the charge of illegally investing pension plan money in his bankrupt business. The pensions regulator announced in August 2021 that it would prosecute Stuart Garner, accused of transferring some £14million in assets from three pension schemes – Donnington 2012, CommandoRead More →

Pension Credit is a useful tax-free income and savings supplement that opens the door to many other financial benefits. Yet the Department for Work and Pensions says up to a million pensioner households eligible for the credit are not claiming it. In this guide we answer: Pension Credit is aRead More →

LONDON (Reuters) – Mandatory clearing of derivatives contracts by European Union pension funds is set to begin in June 2023, helping the bloc reduce its dependence on London, the European Union’s securities watchdog said on Tuesday. EU. Brussels wants to reduce the reliance of EU financial services companies, including pensionRead More →

For example, our research analyzed about 5,000 companies worldwide. This uses a combination of historical data and a risk-adjusted view of forward-looking targets for the evolution of companies’ carbon intensity. We use a time horizon of 2030 to emphasize the importance of short-term action and reflect the rapidly declining confidenceRead More →

By Arindam Guha As the country prepares for the third wave of the pandemic, policymakers continue to evaluate various alternative levers to achieve continued economic growth ahead of the 2022-23 budget. The National Infrastructure Pipeline (NIP) of Rs 111 Lakh crore, which is expected to have a multiplier effect ofRead More →

New Delhi: The EPFO ​​(Employee Provident Fund Organization) has announced that pensions will now be credited to the accounts of EPS 95 retirees until the last working day of each month. In a circular dated January 13, 2022, EPFO ​​specifies that the “pension credited on the 1st working day ofRead More →

German pension funds seek to build investments in alternative asset classes as they offer the prospect of higher returns in growing private markets and protection against rising inflation. The Versorgungsanstalt des Bundes und der Länder (VBL), the German supplementary pension institution for public sector employees, is considering increasing its allocationRead More →

America’s largest private-sector pension plans fared so poorly last year that they earned barely half the amount of the traditional balanced portfolio of low-risk, low-fee stocks and bonds. So report international retirement consultants Milliman & Co. That says a lot about the typical performance of U.S. corporate pension plans thatRead More →