Pension Management Archives - Page 39 of 112 - Pension Policy International

21NovNovember 21, 2023

What do we know about China’s new financial watchdog?

China's Central Financial Commission (CFC), a new regulator with Premier Li Qiang as its head, held a meeting on Monday (Nov 20) and urged stronger supervision of risks in the financial sector as Beijing accelerates efforts to become a "major financial power". The setting up of the CFC underscores how the ruling Chinese Communist Party is tightening grip on the country's $61 trillion financial sector amid a destabilising property and local government debt crisis that has weighed on the economic...

November 21, 2023

News2023, China, Pension Management, Regulation

21NovNovember 21, 2023

German government to make pension funds join dashboard

The German government is preparing an ordinance to make pension funds exchange data with the pension dashboard – Digitale Rentenübersicht – by the end of next year, said Imke Petersen, head of the Zentralen Stelle für die Digitale Rentenübersicht (ZfDR), the unit within the first pillar manager Deutsche Rentenversicherung responsible for designing the platform. “On 31 December 2024 all pension funds will have not only to be registered with us, but also will be able to deliver [data],” Petersen said,...

November 21, 2023

NewsGermany, Pension Management, Regulation

21NovNovember 21, 2023

IBM reopening pension plan turns industry heads

When it comes to dealing with an overfunded frozen pension plan, International Business Machines is putting into action what some of its peers are thinking about. The company recently confirmed that it will cancel its defined contribution plan company match and replace it with a component within its IBM Personal Pension Plan, a defined benefit plan, on Jan. 1. The 401(k) match is 5% of an employee’s salary. The IBM 401(k) Plus Plan had $53.2 billion in assets as of Dec....

November 21, 2023

NewsFunding, Occupational Pensions, Pension Management

17NovNovember 17, 2023

AI and Retirement – How It Will Affect Your Retirement Savings

By Carolyn Young Artificial Intelligence (AI) is impacting humans more than any of us realize. It’s being used by marketers to gain customer insights, by manufacturers to automate processes, and by many businesses to analyze data and improve efficiency. AI’s ability to rapidly analyze large amounts of data has also given it a huge role in the financial industry, and thus can impact your retirement savings in a variety of ways. In fact, AI is being used most by the banking...

November 17, 2023

Articles, Pension design2023, AI, Pension design, Pension Management, Technology

17NovNovember 17, 2023

US Pension Risk Transfer Market Expected to See $10 Billion In Q3 Deal Volume

Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the United States, today released the Q3 2023 edition of the US Pension Risk Transfer Monitor, which analyzes industry trends and market outlooks in the US. Following the largest first half on record for the US Pension Risk Transfer (PRT) market at $22.5 billion in deal volume, the Monitor reports an expected $10 billion in Q3 PRT market volume. While this is a decrease from last...

November 17, 2023

NewsPension Management, Risk, US

17NovNovember 17, 2023

Knowledge Of ESG, Integration and Greenwashing Remains Low

Determining how best to incorporate environmental, social and governance factors across the investment portfolio continues to be a challenge for institutional investors, said Bonnie Treichel, founder and chief solutions officer at Endeavor Retirement, during the “Surveying the Landscape” session of CIO’s ESG livestream this month. Not Just a Label “How do people really understand this?” Treichel asked. “It’s really hard, because a lot of times, I’ll ask the question about ESG and an investment lineup, and the perspective that I hear...

November 17, 2023

NewsESG, Investment, Pension Management, UK

15NovNovember 15, 2023

Kenya. Pension returns negative on falling share prices

Kenyan pension schemes have registered negative returns in the quarter ended September on wider losses from equities, a new survey shows. According to the Performance Investment Management Survey by South Africa-based investment firm RisCura, the weighted average return of surveyed schemes was posted at negative 3.06 percent in the quarter from a return of 0.18 percent in the previous quarter. The weighted average return from equities deteriorated to a loss of 10.95 percent from losses of 4.27 percent in the quarter...

November 15, 2023

NewsInvestment, Kenya, Pension Management

10NovNovember 10, 2023

Annual Survey of Investment Regulation of Pension Funds and Other Pension Providers 2021

By Organización para la Cooperación y el Desarrollo Económicos This report describes the main quantitative investment regulations that pension funds are subject to in OECD and a selection of non-OECD countries, most of which are IOPS Member countries. This report also covers the investment rules for other pension providers, such as life insurance companies, for countries like Denmark, France, Ireland, Korea, Latvia and Sweden among OECD countries and Jordan among non-OECD jurisdictions. The information reflects the rules in force at the end of 2020...

November 10, 2023

Books, Books, Regulation, Reports2021, Investment, Pension Management

10NovNovember 10, 2023

The world’s largest pension funds – 2023

By Thinking Ahead Institute The global top 300 pension funds is an annual study conducted by the Thinking Ahead Institute, in conjunction with Pensions and Investments. The research highlights high-level trends in the pension fund industry and provides information on how the characteristics of these top funds have changed. Key findings Assets Under Management (AUM) of the top 300 pension funds total US$20.6 trillion, having reduced by 12.9% in 2022, down from 8.9% growth the previous year Volatility and uncertainty in...

November 10, 2023

Books, Books, Reports, System Characterization2023, Inflation, Investment, Pension Management

09NovNovember 9, 2023

Dutch pension funds fear ‘ill-fated idea’ to grandfather accruals

Agnes Joseph, an actuary for Achmea and a member of parliament (MP) candidate for the NSC party, is leading the proposal to make it easier to keep accruals in the current DB system – a plan that was unveiled last month when NSC published its election manifesto and discussed extensively on Monday during an election debate organised by IPE’s sister publication Pensioen Pro. According to Joseph, who is the NSC spokesperson for pensions, DB pensions should only be converted to DC if pension...

November 9, 2023

NewsNetherlands, Pension Management

November 2023