News Archives - Page 290 of 966 - Pension Policy International

22SepSeptember 22, 2023

Messaging on ESG strategies becoming critical, money managers say

Amid a continuing political backlash against the use of ESG in asset management — both as a term and as a part of the investment process itself — global money managers are taking action to fine-tune the language used in their messaging and engagement with clients and prospects. But it's not just in the U.S. where some money managers said they are thinking carefully about how they label their processes. Increased regulation in Europe has also put a spotlight on...

September 22, 2023

NewsESG, US

22SepSeptember 22, 2023

A year after budget crisis, UK debt faces fresh pensions headwind

Britain's pensions industry, Europe's biggest, is posing a new challenge to the country's 2 trillion pound ($2.5 trillion) government bond market a year on from the "mini-budget" crisis that put the sector at the centre of financial stability fears. Pension funds are big buyers of UK debt, known as gilts, but they are likely to step back just as the Bank of England (BoE) reduces its own holdings faster and debt issuance remains high, adding pressure on British borrowing costs. Benefiting...

September 22, 2023

NewsPension Management, UK

22SepSeptember 22, 2023

Canada pension funds stay committed to India investments amid diplomatic tensions

Amid India-Canada diplomatic tensions, Canadian pension funds have retained their substantial Indian equity holdings, demonstrating a steadfast long-term approach. Market experts believe that Canadian investors continue to show commitment to India, minimising the influence of current tensions on their investments. "Pension funds, known for their long-term investment perspective, typically do not react hastily to such geopolitical events. They maintain a strategic outlook and are likely to wait for developments before making any major adjustments. There's a reasonable expectation that this...

September 22, 2023

NewsCanada, India, Investment

21SepSeptember 21, 2023

The Future of Retirement: Predictions and Trends

Traditionally, retirement has been viewed as a time for relaxing, enjoying the fruits of your labor, and taking a break from work. It is likely, however, that retirement will look very different in the future. Here, we will analyze some of the trends shaping retirement’s future. In addition, we will offer some predictions about the future of retirement. 1. The retirement savings gap is widening. Future retirees face a growing retirement savings gap as one of their biggest challenges. Based on Census...

September 21, 2023

NewsGender Gap, System Characterization, US

21SepSeptember 21, 2023

Higher fees for inclusion of ESG and private markets a ‘real barrier’ for DC schemes

The higher charges for incorporating environmental, social and governance (ESG) and private market investments is a “real barrier” for defined contribution (DC) schemes, which are reluctant to reverse the fall in charges seen over the past decade, according to WTW.The consultancy’s latest DC Pensions and Savings report found that average charges for DC schemes in the UK had fallen by 20 per cent, from 41 basis points in 2014 to 33 basis points in 2023.It noted that this was...

September 21, 2023

NewsDefined Contribution, ESG, Pension Management, UK

21SepSeptember 21, 2023

Sustainable investing that goes beyond divestment or engagement does most

In the sustainable investing world, motivating companies to do better has happened through two basic strategies: divestment and engagement — and new research shows that using elements of both can accomplish the most. That won’t be news to investment providersand advocacy groups that specialize in sustainable investing — some have spent decades refining ways to prod corporations into action, whether that’s improving environmental practices or treating workers more equitably. But to asset managers that offer only a taste of sustainable...

September 21, 2023

NewsInvestment

21SepSeptember 21, 2023

US. Fed holds interest rates steady

Federal Reserve officials on Sept. 20 held interest rates steady and signaled one more rate increase this year as the central bank continues its quest to tamp down inflation without overcooling the economy. The Federal Open Market Committee left the federal funds rate unchanged at a range of 5.25% to 5.5% following its two-day meeting. The committee in recent months has alternated between hikes and pauses — it approved a quarter-point increase at its last meeting in July but did...

September 21, 2023

NewsPolitical economy, Regulation, US

21SepSeptember 21, 2023

The upside of living in Japan’s ageing society

For the first time more than 10 per cent of the Japanese population are aged 80 or older, according to new official data. This reinforces Japan’s reputation as the world’s oldest society with 29 per cent of the population now aged 65 or more, a full 5 per cent ahead of Italy in second place. The evidence is there for all to see: walk around a typical Tokyo neighbourhood in the mid-afternoon and all you’ll see is old, often ancient...

September 21, 2023

NewsAging, Japan

20SepSeptember 20, 2023

U.S. public pension funding falls in August – Milliman

The overall estimated funding ratio of the 100 largest U.S. public pension plans fell to 75.3% as of Aug. 31 from 76.8% a month earlier due to a decline in overall market performance, according to the Milliman 100 Public Pension Funding index. During August, Milliman estimated that public pension plans had an aggregate investment return of -1.6%, with an estimated range of -2.4% to -0.8%. "With August's results, only 17 of the 100 PPFI plans now stand over the 90% funded...

September 20, 2023

News

20SepSeptember 20, 2023

UK: Buying A Distressed Business With A Defined Benefit Pension Scheme

Alexandra Wood, Devi Shah and Andrew Block discuss the additional complexities which a PE firm will face when acquiring a distressed business with a defined benefit occupational pension scheme, in light of the protections afforded by both the UK legislative framework and the role and support of the Pensions Regulator. Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown...

September 20, 2023

NewsDefined Benefit, Occupational Pensions, Regulation, UK

September 2023