Investment Archives - Page 78 of 143 - Pension Policy International

31OctOctober 31, 2022

Hong Kong pension fund arrears hit 3-year high as coronavirus impact continues to devastate businesses

Pension fund contribution arrears among Hong Kong employers have hit a three-year high amid the Covid-19 slump and an average of 28,500 default notices a month have been issued to non-compliant businesses since April, the city’s pensions supervisor has revealed. Ayesha Macpherson Lau, the chairwoman of the Mandatory Provident Fund Schemes Authority, wrote on her official blog on Sunday she was concerned the increase in defaulting companies could weaken retirement protection for employees and promised to take steps to help...

October 31, 2022

News2022, Hong Kong, Investment, Pension Management

28OctOctober 28, 2022

US. Faculty Wants Pensions Out of Fossil Fuels

Student activists have been demanding that higher education institutions divest their endowments from fossil fuel companies for over a decade. Now, as more institutions move toward sustainable investment, a group of faculty is calling on its pension fund to go green. About 300 clients of the Teachers Insurance and Annuity Association of America–College Retirement Equities Fund (TIAA), which hundreds of higher education institutions use to invest faculty members’ pensions, are calling on the fund to divest from companies they say...

October 28, 2022

NewsESG, Investment, US

25OctOctober 25, 2022

Pensions regulator plays down LDI risk to EU

Eiopa doubts UK gilt market chaos could occur to same degree in Europe Read also Swiss regulator expects underfunding for pension funds facing volatility The European Union’s top pensions and insurance regulator is cautiously optimistic that the chaos suffered by UK pension funds will not be crossing the Channel any time soon. When government bond prices moved against them in late September, the funds were left scrambling to meet large margin calls on derivatives and leveraged repo positions. “Our insurance and...

October 25, 2022

NewsEU, Investment, Regulation

25OctOctober 25, 2022

Canada pension fund to pour $470m into Japanese renewables company

Major Canadian pension fund CDPQ plans to invest 70 billion yen ($474 million) in Shizen Energy, a Japanese developer of renewable energy. Demand is increasing for environmentally conscious investing globally. If Japanese renewable energy companies can build a track record at home and abroad, they will be able to attract global decarbonization money. CDPQ will invest 20 billion yen by subscribing to Shizen Energy convertible bonds in October. In addition, 50 billion yen has been set aside for an investment framework...

October 25, 2022

NewsCanada, Investment, Japan, Pension Management

25OctOctober 25, 2022

Swiss regulator expects underfunding for pension funds facing volatility

The Swiss occupational pension supervisory commission – OAK BV – expects that a number of pension funds will end up underfunded at the end of the year as a result of market volatility and negative returns. Some pension funds may decide to ultimately trigger restructuring measures, depending on the specific situation of the scheme. Funding ratios of Swiss pension schemes in fact continued to fall this year, from 103.4% at the end of June to 99.5% at the end of September,...

October 25, 2022

NewsInvestment, Regulation, Switzerland

24OctOctober 24, 2022

UK. Inflation sparks a new era of pensions inequality

The generosity of public sector pensions was a compensation for low salaries. However, this gap is narrowing. The average worker in the private sector earned £622 a week in the year to August, according to an IDR analyst. The average public sector worker, excluding those who worked in finance, earned £593. Former public servants will also enjoy two layers of taxpayer-funded inflation protection next year, assuming the “triple lock” state pensions are maintained. The policy pledges to increase the state pension...

October 24, 2022

NewsInvestment, Regulation, UK

24OctOctober 24, 2022

UK parliament panel probes defined benefit pension schemes over safeguards

A British parliament panel on Monday launched an inquiry into the defined benefit pension schemes with liability-driven investments (LDIs) to ascertain whether they have adequate regulation to protect pension funds' value. The work and pensions committee inquiry will examine the impact of the recent volatility in gilt yields and intervention by the Bank of England (BoE) as well as the role of the pensions regulator in monitoring the use of LDIs and whether these schemes have proper oversight arrangements in...

October 24, 2022

NewsInvestment, Regulation, UK

20OctOctober 20, 2022

How Sustainable Investing Can Impact Climate Change

Zach Stein, co-founder and CEO of Carbon Collective, a climate change-focused online investment advisor, talks about the three ways sustainable investing can make a positive impact on climate change, as well as the trends shaping the climate tech space. Stein also shares what more investment in climate-focused companies will lead to and the top companies investors may want to keep an eye on. What is the most important issue facing the world today? Climate change is the single most...

October 20, 2022

NewsClimate crisis, ESG, Investment

19OctOctober 19, 2022

NYC Comptroller Introduces New Transparency Dashboard to View Pension Fund Assets and Performance

New York City Comptroller Brad Lander unveiled today a new interactive website that allows pension beneficiaries and the public to view asset allocation and performance for the City’s five public pension funds which guarantee retirement security for city workers. Together, the New York City Employees’ Retirement System, Teachers’ Retirement System, Police Pension Fund, Fire Department Pension Fund, and Board of Education Retirement System have approximately $242 billion in assets under management across all asset classes as of August 31,...

October 19, 2022

NewsCorporate Governance, Investment, US

17OctOctober 17, 2022

Economic Concerns Likely to Spur Pension Risk Transfers

The vast majority of plan sponsors say inflation and rising rates are influencing their de-risking decisions. Inflation, market volatility, rising interest rates, and geopolitics are potentially accelerating the pension risk transfer market, according to a report from MetLife. MetLife’s Pension Risk Transfer Poll, which heard from 251 defined benefit plan sponsors who have de-risking goals and $100 million or more in plan assets, found that 95% say higher inflation is “very or somewhat impactful” on their decision to move forward with...

October 17, 2022

NewsInvestment, Risk, Transfers

October 2022