News Archives - Page 363 of 982 - Pension Policy International

13MarMarch 13, 2023

ESG, stable returns moving pension plans to real assets

Investing in agricultural land and agricultural activities is another area serving as a diversifier for DB plans in part due to heightened prices for grain and protein products, which in turn has boosted farm income to unprecedented levels, according to Mayssa Al Midani and Alex Howson, managers of the Pictet nutrition strategy, which invests in sustainable food production. The fund has $2.5 billion in assets under management. Though the returns are closely tied to the commodity cycle, the value of...

March 13, 2023

NewsESG, Investment

10MarMarch 10, 2023

French Senate votes to raise retirement age from 62 to 64 amid nationwide strikes

France's Senate voted Thursday to raise the retirement age by two years to 64, as the government moves to overhaul the country's pensions system in the face of strong opposition from labour unions. The conservative-dominated legislative body voted in favour of a decisive article to raise the age of retirement by 201 votes to 115. Debate will resume later on Thursday over a controversial amendment to the bill. The Senate majority is rushing to meet a deadline of midnight Sunday to finalise...

March 10, 2023

NewsFrance, Pension Reform, Retirement Age

10MarMarch 10, 2023

I chair the investment committee of America’s second-largest pension fund. Here’s why savvy investors back the SEC’s proposed ESG disclosure rules

As the nation deals with floods, fires, and other extreme weather events fueled by climate change, it may come as a surprise that relatively little is known about one of the largest sources of greenhouse gas emissions: publicly held companies. That is because there are no federal rules requiring these major drivers of the nation’s economy to disclose critical information about the impact of climate on their businesses. With more than half of U.S. households invested in the stock market,...

March 10, 2023

NewsESG, US

10MarMarch 10, 2023

Nigeria. Pension Fund Assets Increase By ₦568.33b – PenCom Boss

It appears that are days of enjoyment waiting Nigerian pensioners and the stories of months of wait pay will be over. The pension fund in Nigeria is real growing. There is something that the Director-General (DG) of Pension Commission Aisha Dahir-Umar, wants you to know. It is about the pensioners money that is now available. He says the Pension Fund Assets under Management (AuM) increased by ₦568.33 billion from ₦14.42 trillion as at September 30 to ₦14.99 trillion as at December...

March 10, 2023

NewsNigeria, Pension Management, savings

10MarMarch 10, 2023

US. Could companies be persuaded to bring back pensions?

There’s a certain type of employer-sponsored retirement plan that’s the stuff of legends. They’re called traditional defined benefit pension plans, meaning employees get a fixed amount of money upon retirement, usually shouldered by the company. While they’ve since been replaced in 401(k) plans in almost every company, there’s an argument to be made that today’s tight labor market could offer companies that bring back pensions an edge in attracting talent. Marketplace senior economics contributor Chris Farrell recently spoke with Marketplace’s...

March 10, 2023

NewsOccupational Pensions, US

09MarMarch 9, 2023

Legal & General’s new report on women in the U.S. Gig Economy finds income disparity, multiple roles, worry about financial future

32% Average Pay Gap between male and female gig workers. A special International Women’s Day report in a broad new study sponsored by Legal & General Group (LGEN, LGNNY), U.S. Gig Economy Special Report: Tasked With Both Childcare and Earning, Women Fall Behind Their Male Counterparts, was released today. The report continues narrating original research on the changing U.S. workforce and the reluctance of so many to enter into traditional employment. The study looks into the diversity and differences as...

March 9, 2023

NewsGender Gap, Informal Sector, US

09MarMarch 9, 2023

Reverse SSNIT policy that disqualifies persons aged 60 from contributing to scheme – ACRR petitions NPRA

The Africa Centre for Retirement Research (ACRR) has petitioned the National Pensions Regulatory Authority (NPRA) to reverse the Social Security and National Insurance Scheme (SSNIT) policy that disqualifies members aged 60 and above from contributing to the scheme. The group in a statement dated March 7 noted that if the policy is not reversed, “it will adversely and significantly affect the retirement wellbeing of over 11,000 workers and even more in the future.” This comes after SSNIT issued a policy directive...

March 9, 2023

NewsGhana, Retirement Age, savings

09MarMarch 9, 2023

Uganda: Digital Technologies Enable Women Take Charge of Their Retirement Prospects

International Women's Day is a good time to apply a gender lens to all aspects of life - not only to draw attention to the traditional challenges and gaps, but also to mark achievements and to spotlight the opportunities yet to be exploited. This year's theme - innovation and technology for gender equality - is an opportunity to reflect on the unexploited potential of ICTs, that could make women realise their dreams and aspire for higher goals. Access and use of...

March 9, 2023

NewsGender Gap, Technology, Uganda

09MarMarch 9, 2023

Does your public pension fund hold risky crypto-related investments? It can take a fight to find out.

In wake of FTX collapse, many questions, fewer answers about public plans' private holdings and who is benefiting from them. Crypto exposure is 'a canary in a coal mine.' Robin Rayfield had three minutes to speak. That wasn't much time for the 66-year-old Delta, Ohio, retired educator to raise his long list of concerns about the defined-benefit pension plan he relies on for his retirement income. It was December 2022, about a month after the collapse of cryptocurrency exchange FTX, and...

March 9, 2023

NewsCryptocurrencies, Investment

08MarMarch 8, 2023

More than 1.2 million march in France over plan to raise pension age to 64

More than 1.2 million protesters marched in France on Tuesday as rail workers and refinery staff began rolling strikes and trade unions stepped up their campaign to try to stop Emmanuel Macron’s plan to raise the pension age to 64. For the sixth time since the start of the year, trade unions called a nationwide day of strikes and demonstrations. Many protest rallies attracted bigger crowds than previous ones organised since mid-January, including in Marseille, one of France’s biggest cities,...

March 8, 2023

NewsFrance, Pension Reform

March 2023