Slider Archives - Page 399 of 454 - Pension Policy International

27FebFebruary 27, 2018

China’s pension funds stable, sufficient for 17.3 months

China's social security fund is stable overall despite deficits in certain places, said You Jun, vice minister of Human Resources and Social Security at a press conference on Monday. The total social security fund -- which consists of five major social security insurance programs, including medical and unemployment -- stood at nearly 7.6 trillion yuan at the end of last year, compared with 6.6 trillion yuan in 2016 and 5.9 trillion yuan in 2015. Pension funds drew 3.27 trillion yuan in...

February 27, 2018

News, SliderChina

26FebFebruary 26, 2018

India. Retirement plan: How real estate investment can help millennials secure their future

Game changers, disruptors, early adopters and digital pioneers – these are some of the epithets that Indian millennials sport with pride, and why not! They have been championing the cause of a more technology-driven India, setting the ground rules for the ongoing digital transformation. Market trends lie at their mercy, and they have both the power and the desire to greatly influence consumption patterns. Armed with evolved sensibilities and a global outlook, they are vastly different from the generations...

February 26, 2018

News, SliderIndia

26FebFebruary 26, 2018

Nigeria. Uduanu: It is Time to Relax Pension Fund Investment Guidelines

The Managing Director and Chief Executive Director, Sigma Pensions, Mr. Dave Uduanu in this interview, spoke extensively on the progressive reforms in the pensions industry and how pension funds can impact the lives of Nigerian citizens. Nume Ekeghe presents the excerpts: Being that we are still in the first quarter of the year, what is your outlook for the pensions industry for 2018? We expect growth to continue in the pension industry. The industry is now growing at about 20 per...

February 26, 2018

News, SliderNigeria

23FebFebruary 23, 2018

US. State pensions and fund companies feel heat over their investments in gun makers

A fresh wave of scrutiny is washing over big state employee pension funds and money managers that invest in shares of gun makers one week after the deadly shootings in a Florida high school. New Jersey state lawmakers on Thursday moved to restrict the state's public pensions from investing in the stocks of gun manufacturers. The world's biggest asset manager, BlackRock, which is among the biggest shareholders of gun makers, said it would "engage" with the companies on their response...

February 23, 2018

News, Slider

23FebFebruary 23, 2018

Retirees protest across Spain to call for higher pensions

Retirees are demonstrating across Spain, calling for higher pensions and urging authorities to ensure funding for social security. The biggest protests are in cities including Bilbao, Barcelona and the capital, Madrid, where thousands screamed "Thieves, thieves!" at the gates of the national parliament, blocking traffic and facing off with rows of police. Protesters held signs calling the 0.25 percent increase in pensions this year "miserable," saying it's not enough to keep up with inflation. Read More: ABC News

February 23, 2018

News, Slider

23FebFebruary 23, 2018

UK. The solution to university pensions? Better fund managers

Never have university pensions been so firmly in the media spotlight as this week. But why are the changes to the universities superannuation scheme (USS) so controversial? Views diverge wildly: vice-chancellors and their representatives say future pensions are unsustainable, while staff see a strongly performing scheme. With an estimated cost of £200,000 to the average member of staff over their retirement at stake, something had to give. Pensions are complex. To try to understand them, we need to go back...

February 23, 2018

News, Slider

22FebFebruary 22, 2018

Trump Public-Works Plan Gets Nudge From $2 Trillion Pension Pool

President Donald Trump’s pledge to fix America’s ailing roads, bridges and airports may get an unlikely boost from retirement savers some 10,000 miles away in Australia. In face-to-face talks at the White House this week, Prime Minister Malcolm Turnbull will propose using a chunk of Australia’s A$2.53 trillion ($1.99 trillion) pension savings pool to help unlock funding for Trump’s infrastructure push. He’s being joined on the trip by local money managers who help control the world’s fourth-largest pot of retirement...

February 22, 2018

News, Slider

22FebFebruary 22, 2018

Florida workers’ pension fund invested in gun manufacturers

Florida's main pension fund for state workers and teachers has a half-million-dollar stake in the company that makes the rifle used in the shooting at Marjory Stoneman Douglas High School. The Florida Retirement System had more than 41,000 shares in American Outdoor Brands Co. with a market value of $528,000, according to a Dec. 31 securities filing posted on its website. American Outdoor Brands is the Massachusetts-based parent company of Smith & Wesson. Federal law enforcement officials say Nikolas Cruz used...

February 22, 2018

News, Slider

22FebFebruary 22, 2018

UK. University lecturers begin strike action over pensions

Tens of thousands of university lecturers in dispute over changes to their pensions have walked out on strike in the first of 14 days of industrial action that threatens to bring widespread disruption to campuses across the UK. The University and College Union (UC), which represents the striking lecturers, estimates that more than a million students in 64 universities will be affected by the walkouts, which are spread over a month, with the loss of of more than half a...

February 22, 2018

News, Slider

21FebFebruary 21, 2018

Pensions In Spain: A Bleak Outlook

Why does the State not allow future pensioners who save and invest on their own behalf to have the same tax advantages as funds? I had the feeling they were ripping me off. And now I am certain. In the period from December 2002–December 2017, the Ibex 35 provided a return of 226% (annual average of 8.19%). The return on the 15-year goverment bond was 97% (annual average of 4.61%). The average return on pension funds was 60% (annual average of...

February 21, 2018

News, Slider

February 2018