UK. State pension spending set to reach 9% of GDP in 50 years
State pension spending is projected to rise from 5 per cent of GDP to around 9 per cent of GDP over the next 5 ...
China’s gig economy absorbs laid off workers and strains the social safety net
In Beijing, Bao Zhang started driving for a Chinese ride-hailing service this year after losing his job as a s ...
Pension giant pours US$1.75 billion into global AI infrastructure
The Canada Pension Plan Investment Board will invest $2.4bn to back EQT's expansion into artificial intelligen ...
A Brief Age of Billions
Most leading projections show that the world’s population will peak in the second half of the twenty-first cen ...
Canadá. La Caisse tops the Global SWF rankings, recognized for its leadership in sustainability
For the fourth year running, La Caisse ranks at the top of the pension funds included in the Global SWF’s GSR ...
Simplified asset manager sustainability reporting could hamper green investments
Asset manager reporting exemptions under the finalised ESRS could create a ‘significant blind spot’ for their ...
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ARTICLES
How Rational Is AI Investment Advice? Risk-Return Relevance in Artificial Intelligence (AI) Investments
By Nanying Lin, Oscar Gilbert & Tianxiang Chu Textbook finance theories indicate that investors demand risk premia from risky assets as compensation for risk and for hedging against future unfavorable economic states. We design a comprehensive study to examine whether investment advice generated by artificial intelligence (AI) reflects a coherent risk–return pattern in investment decision-making. […]
Pension Income and Post-Retirement Labor Supply
By Fabian Kindermann, Carla Krolage, Sebastian Kunz, Manuel Pannier & Karoline Ströhlein This paper provides causal evidence on how pension income affects labor supply after retirement. We exploit the introduction of the German Earned Income Pension Credit (Grundrente), which permanently increased pension income for retirees with long contribution histories and comparatively low lifetime earnings. The […]
Artificial Intelligence in Elderly Care: Navigating Ethical and Responsible AI Adoption for Seniors
By David Mhlanga This paper delves into the critical intersection of ageing and the rapidly evolving field of artificial intelligence (AI). This exploration is anchored in the recognition of the unique potential that AI holds for enhancing the lives of seniors, while also acknowledging the complex ethical and practical challenges that accompany its adoption in […]
NEWS
UK. State pension spending set to reach 9% of GDP in 50 years
State pension spending is projected to rise from 5 per cent of GDP to around 9 per cent of GDP over the next 50 years, according to analysis from the Office for Budget Responsibility (OBR). The OBR’s latest Fiscal risks and sustainability report estimated that state pension spending would rise to around 9 per cent […]
China’s gig economy absorbs laid off workers and strains the social safety net
In Beijing, Bao Zhang started driving for a Chinese ride-hailing service this year after losing his job as a software tester, and says the weak labor market gives him little hope of returning to the IT sector. His story is becoming increasingly common in China, where millions are moving from official employment to the gig […]
Pension giant pours US$1.75 billion into global AI infrastructure
The Canada Pension Plan Investment Board will invest $2.4bn to back EQT’s expansion into artificial intelligence infrastructure through data centre developer EdgeConneX. The commitment increases the fund manager’s exposure to digital infrastructure, a sector it ties to long-term returns for Canada Pension Plan contributors and beneficiaries, according to the announcement. CPP Investments said the transaction […]
A Brief Age of Billions
Most leading projections show that the world’s population will peak in the second half of the twenty-first century. But what happens after that? Long-term projections by researchers at the University of Texas at Austin find that today’s large global population may be a blip in human history, and that fertility trends could have compounding consequences […]