May 2024
29May

Germany poised for stagnation with ageing population, warns IMF

The eurozone’s largest economy is heading for stagnation amid a period of rapid population ageing that will place intense strain on the state and public finances, the International Monetary Fund has warned. In a snapshot of the German economy, the fund said economic growth would slow markedly due to the generation of baby boomers born between 1946 and 1964retiring and the recent waves of immigration, which have hitherto replenished the labour force, subsiding. The Washington-based organisation, which has 190 member countries,...

May 29, 2024
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28May

UK’s Sunak proposes tax cuts for pensioners in new election pledge

British Prime Minister Rishi Sunak on Monday proposed tax cuts for millions of pensioners in his latest campaign pledge, highlighting the importance of older voters in the upcoming July election. Sunak's Conservative Party said it would introduce a new age-related allowance and deliver a tax cut of around 100 pounds ($128) for each of 8 million pensioners in 2025, rising to almost 300 pounds a year by the end of the next parliament. "This bold action demonstrates we are on the...

May 28, 2024
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28May

US. Wall Street braces for faster trade settlement

U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial market but may temporarily lead to a rise in transaction failure for investors. To comply with a rule change the U.S. Securities and Exchange Commission (SEC) adopted last February, opens new tab, investors in U.S. equities, corporate and municipal bonds and other securities, opens new tab must settle their transactions one business day after the trade, instead...

May 28, 2024
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28May

Esade report: Moving from awareness to action in gender lens investing

The Esade Center for Social Impact (ECSI) has published its Gender Strategies in Investing study to better understand how European investors can move from awareness to action in gender lens investing (GLI) by striking a more equitable balance in their own teams as well as by applying a gender lens to their portfolio investments. The study, which was launched at a webinar hosted by two of its co-authors, Leonora Buckland, senior researcher at ECSI and Lisa Hehenberger, associate professor at Esade Business...

May 28, 2024
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28May

UK Pension Fund Market Expected to Reach USD 5.22 Trillion by 2029

The "UK Pension Fund - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029" report has been added to ResearchAndMarkets.com's offering. The UK Pension Fund Market size in terms of assets under management value is expected to grow from USD 4.25 trillion in 2024 to USD 5.22 trillion by 2029, at a CAGR of 4.22% during the forecast period (2024-2029). UK Pension Fund Market Trends Ageing population rate in United Kingdom affecting United Kingdom Pension Funds Market As a country's population grows, there is...

May 28, 2024
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27May

UK State Pension expected to increase by over £650 next April, based on triple lock guarantee

Finance experts have predicted that the new state pension will increase by over £650 from next April, pushing it to just above £12,150 a year. This is based on the triple lock guarantee, which ensures the state pension rises in line with the highest of three measures - September inflation, May-July wage growth or 2.5 per cent. In April 2022, the state pension saw an increase of 10.1 per cent due to rampant inflation, followed by another substantial rise of...

May 27, 2024
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27May

Rethinking the route to retirement investing

At any time in an economic cycle, keeping watch on how retirement portfolios are positioned is good practice. On the back of the relentless swings in asset prices, which investors have endured for so many months, it is vital. Recent market sentiment, as well as fund flows and performance, can attest to this. Take China and Hong Kong equities, for instance. In April, the Hong Kong and Greater China equity markets were the only asset classes posting positive returns, with...

May 27, 2024
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27May

Nigeria. Pension assets declines amid low patronage

Pension assets have fallen by N90 billion in the first quarter of the year, from N19.75 trillion to N19.66 trillion at the end of the first quarter (Q1), a situation attributed to low market patronage. The report was contained in data released by the National Pension Commission (PenCom) on their website. Explaining further, the report stated that the equities market attracted N2.3 trillion of the fund, having risen from N1.77 trillion in December 2023. The development, according to PenCom, translated to N530...

May 27, 2024
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27May

Australian pension funds eye niche private debt to boost returns

AUSTRALIA’S pension giants are looking to expand their private credit exposure to some nascent products, as the cash-flushed industry hunts for ways to diversify portfolios and boost returns. AMP, one of Australia’s largest pension providers, has launched a new A$300 million (S$268 million) alternative debt fund to invest in credit risk transfer, a relatively new corner of the private market. Aware Super, which manages A$175 billion of assets, is also studying the market of niche products for investment potential. The nation’s...

May 27, 2024
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24May

US. Pension Risk Transfer Market Sets Q1 Record

The first quarter of this year marked was the largest first quarter on record, as estimated $15 billion in pension risk transfers closed in the period. According to Legal & General Retirement America, the activity significantly outperformed the previous record of $6.3 billion in 2023 and nearly triple the 2022 amount of $5.3 billion. LGRA found that jumbo transactions continue to be the driving force behind the market’s strong performance, as two transactions that closed in Q1 totaled $11 billion....

May 24, 2024
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