News Archives - Page 291 of 966 - Pension Policy International

20SepSeptember 20, 2023

Netherlands Leads Europe in Green Bonds, While Dutch Pensions Cut Asia Investments in 2022

The Netherlands is the leader among eurozone nations in raising green debt securities, according to data from De Nederlandsche Bank, the central bank of the Netherlands. The Dutch green bond has doubled in size since October 2020, according to the DNB, rising to 122.9 billion euros as of the end of July 2023 and up 21% from one year earlier. In contrast, the overall Dutch bond market contracted 3.4% during that same time. Dutch firms and the Netherlands government are, among European...

September 20, 2023

NewsInvestment, Netherlands

20SepSeptember 20, 2023

AI ‘inevitable’ in pension master trust era – MHC

Large institutional investors, including pension schemes, are beginning to use Artificial Intelligence (AI)-based platforms and machine learning models, a Mason Hayes and Curran webinar has heard (7 September). These tools are used to assist in long-term portfolio management in place of more traditional models based on financial theories. Accurate planning Fund providers have also begun using machine learning to predict scenarios such as an early withdrawal of the fund’s resources, which will allow for accurate planning. When it comes to individual retirement planning,...

September 20, 2023

NewsOperations, Technology

19SepSeptember 19, 2023

Brits calling for state pensions to be raised to £416 a week for every person over 60

Brits are calling for state pensions to be raised to £416 a week in line with the National Minimum Wage after previous efforts failed. A new petition has been set up calling on ministers to increase the allowance to more than double the current figure, despite a previous one which racked up more than 36,000 signatures being rejected by the DWP. The latest calls are being made by Michael Thompson, who is also demanding the UK pension age is lowered...

September 19, 2023

NewsIncome, State Pensions, UK

19SepSeptember 19, 2023

Canadian pension funds ignore rapid rise in climate dangers

Canadian pension funds with hundreds of billions in assets are ignoring the threat to their members’ retirement security as the global climate tips into a new and more destructive phase. “There are some pretty ominous concerns that we’re approaching tipping points,” says Patrick DeRochie, senior manager with Shift Action for Pension Wealth and Planet Health, an educational and advocacy organization on Canadian pensions and climate. “Pension funds need to understand that their mandate is impossible to fulfill without a stable climate....

September 19, 2023

NewsCanada, Climate crisis, Pension Management

19SepSeptember 19, 2023

US. Retirement plan derailed: 40% forced to stop working earlier than expected

However carefully you may plan for your retirement, the actual event might still catch you off guard. Financial advisers across the industry report that 40% of their retired clients were forced into retirement, according to a recent survey by Edward Jones. And 97% of the financial advisers surveyed agreed with the statement that retirement involved more surprises and challenges than their clients expected. The biggest financial shocks for retirees were cost-of-living increases (29%), having to provide financial assistance for family or...

September 19, 2023

NewsLabor Market, Retirement Planning, US

19SepSeptember 19, 2023

Ghana. NPRA to prosecute employers who default in paying pensions

The National Pensions Regulatory Authority (NPRA) will continue to track all defaulting employers and put them before the law courts to retrieve the pension monies due employees. Mr. David Tetteh-Amey Abbey, the Deputy Chief Executive Officer (CEO), NPRA, said the Authority would do this to demonstrate its commitment to the financial well-being of employees and their families. “This is what makes the Authority great. It is imperative that we emphasise the significance of regular contributions to pension schemes,” he said. Mr. Abbey...

September 19, 2023

NewsGhana, Regulation, savings

19SepSeptember 19, 2023

UK. Systemic risks’ in pension schemes’ inflation hedging – SPP

There are systemic risks with defined benefit (DB) pension schemes’ inflation hedging, the Society of Pension Professionals (SPP) has warned in its latest research.According to its Vision 2023 report, the inflation hedge of a DB scheme is imperfect because a Retail Prices Index (RPI) asset is used to hedge an inflation-linked liability, where the inflation linkage of the latter is limited by caps and floors. “This means the amount of index-linked gilt exposure needed will change as inflation levels...

September 19, 2023

NewsInflation, Risk, UK

18SepSeptember 18, 2023

Investors eye sustainability upgrades for UK and European offices

Private and institutional investors are actively seeking UK and European offices that score poorly on environmental grounds in order to increase their value through sustainability improvements, research shows. According to Knight Frank’s ESG Property Investor Survey, 58% of investors plan to acquire older office assets that require sustainability improvements to meet future environmental standards. Among the surveyed investors, only 22% aim to sell poor-performing properties, while 76% plan to enhance or improve their current buildings. However, 40% of 'core' investors do intend...

September 18, 2023

NewsESG, Pension Management

18SepSeptember 18, 2023

People age 80 and over top 10% of Japan’s population for first time

People age 80 and over topped 10% of Japan's population for the first time, government data showed Sunday, as the country with the world's highest proportion of older people continues to grapple with a rapidly aging society. The number of people in the age bracket swelled by 270,000 from the previous year to 10.1% of Japan's total population of around 124.6 million, the Ministry of Internal Affairs and Communications said ahead of Monday's Respect for the Aged Day. In another record,...

September 18, 2023

NewsAging, Japan

18SepSeptember 18, 2023

The World’s Population May Peak in Your Lifetime. What Happens Next?

Dr. Spears is an economist at the University of Texas, Austin, and a research affiliate at its Population Research Center. Most people now live in countries where two or fewer children are born for every two adults. If all people in the United States today lived through their reproductive years and had babies at an average pace, then it would add up to about 1.66 births per woman. In Europe, that number is 1.5; in East Asia, 1.2; in Latin...

September 18, 2023

NewsAging

September 2023