News Archives - Page 404 of 956 - Pension Policy International

29JulJuly 29, 2022

Impact Investing: Measuring Social and Financial Returns

Although the field of impact investing has experienced astounding growth over the past decade, there remain concerns about its ability to generate both outsized financial and social returns. Can investors achieve their desired social or environmental impact without sacrificing their financial goals? What are the differences between ESG, sustainable investing, and impact investing? How do investors evaluate impact? To better understand what an effective impact investing strategy might look like, SSIR publisher Michael Gordon Voss speaks with Juliette Menga,...

July 29, 2022

News2022, Climate crisis, Equality, Investment

29JulJuly 29, 2022

‘How do you grow an economy without young people?’: What falling birth rates mean

Falling birth rates across nearly all the developed world – and now much of the developing world – have demographers like Paul Morland concerned. While the planet as a whole is projected to be home to 9.8 billion people by 2050 – up from 7.96 billion today – a vast number of countries, from within Europe to South-East Asia to the Americas, are dealing with decades of sub-replacement fertility, which means a total fertility rate (TFR) below the 2.1...

July 29, 2022

News2022, Aging, Labor Market

28JulJuly 28, 2022

UK. Pensions gender gaps exist across several industries, research finds

Women’s pension savings at retirement are less than half the size of men’s, according to a financial services provider’s analysis of its workplace pensions data. Legal & General analysed more than 4.5 million defined contribution (DC) workplace pension savers. When looking at thousands of people who retired last year, it found that women had typically built a pot of £12,000 at retirement, while men had £26,000 put away. The findings did not take into account any savings which may be placed elsewhere,...

July 28, 2022

News2022, Gender Gap, UK

28JulJuly 28, 2022

U.S. House Votes to Restore Delphi Corp Salaried Pensions

The U.S. House of Representatives on Wednesday voted 254-175 to pass legislation that would restore the pensions of 20,000 salaried retirees of Delphi Corp., of which more than 5,000 live in Ohio. It’s the brightest sign yet for those workers whose pensions were assumed by the Pension Benefit Guaranty Corp. in 2009 when General Motors was steered through bankruptcy by the Obama Administration. The measure now moves to the U.S. Senate, which may take up the bill as early as today. Under...

July 28, 2022

News2022, Occupational Pensions, US

28JulJuly 28, 2022

South Korea pension fund says it is not driving won down

South Korea's national pension service, manageing the world's third-largest pension fund, said on Thursday its rising overseas investment was not a main driver of the won's recent weakening. "The fund is applying a strategic FX hedging strategy when the foreign exchange rate stands above a certain level," the National Pension Service said in a statement while responding to local media reports blaming it for the won's fall. Read more @Channel News Asia 481 views

July 28, 2022

News2022, Pension Management, Political economy, South Korea

27JulJuly 27, 2022

China faces largest retirement wave in next 10 years

It is estimated that in the next 10 years, an average of 20 million people will retire each year, according to a recently published article by Banyuetan, a journal under China’s Xinhua News Agency. According to mainland media, the first impact of the retirement wave is the significant decline of the working-age population. Peng Xizhe, Dean of the Institute of Aging at Fudan University, pointed out that in the tide of retirement, more than 20 million people will retire every year....

July 27, 2022

News2022, Aging, China, Labor Market

27JulJuly 27, 2022

UK. Thousands of gig economy workers in line for improved labor conditions

While not a change in the law, business minister Jane Hunt said the guidance was “tidying up the rules” to help workers find out if they are being treated fairly by their workplace. It follows the landmark Uber Supreme Court judgment in February last year, which held that individuals in the gig economy qualify as workers. This entitles them to core employment protections including earning at least the National Minimum Wage as well as being given paid holiday leave and a...

July 27, 2022

News2022, Informal Sector, Labor Market, Regulation, UK

27JulJuly 27, 2022

US. Gen Z is stashing away 14% of income for retirement — more than older generations, study shows

Young adults may be hearing the save-for-retirement drumbeat loud and clear, a new study suggests. Generation Z workers — defined in the study as those ages 18 to 25 — are socking away, on average, 14% of income for their golden years, according to new research from BlackRock. That compares with 12% for their older counterparts: millennials (ages 26-42), Gen Xers (ages 43-55) and baby boomers (ages 56 to 75). At the same time, the total share of Americans who think...

July 27, 2022

News2022, Gen Z, Saving, US

27JulJuly 27, 2022

It’s good more funds are looking to become environmentally friendly, but this could lead to greenwashing

There have been a large number of funds rebranding recently to include the phrase sustainable or ESG in their name, which raises suspicions about the potential for greenwashing – not the kind of recycling that climate crisis campaigners had in mind. Greenwashing is used to describe the way funds may claim “green’” credentials to improve their environmental, social and governance appeal to investors. By adding the phrase ESG to an existing funds it’s a bit like a company creating a huge...

July 27, 2022

News2022, ESG, Investment

27JulJuly 27, 2022

UK. Pension savers prioritise returns over ‘investment big bang’

Less than a fifth of pension savers think that investing their pensions in companies or assets that would benefit their local area should be prioritised, research has revealed. The findings from the Centre for Progressive Policy, published on July 25, jars with the government’s push to channel pension fund money into domestic infrastructure. Last year, prime minister Boris Johnson and then-chancellor Rishi Sunak published a letter calling for an “investment big bang”, making comparisons with pension fund investment in Australia and...

July 27, 2022

News2022, Investment, savings, UK

July 2022