Pension Management Archives - Page 64 of 109 - Pension Policy International

22JulJuly 22, 2022

Pension Fund Environmental, Social and Governance Risk Disclosures: Developing Global Practice

By International Actuarial Association The paper summarizes the main features and trends in pension fund Environmental, Social and Governance (ESG) risk disclosures around the world available to regulators, members and the public. It includes reference to statutory requirements, general practice and voluntary disclosures in relation to pension fund accounts and other documents made available to members, such as benefit/fund statements. We discuss the financial and reputational risks which ESG issues can present to pension fund investments and to long-term performance. We refer...

July 22, 2022

Books, Investing2020, ESG, Investment, Pension Management

21JulJuly 21, 2022

Saudi’s Social Insurance office shakes-up stock market investments in 30 companies

The Saudi government agency responsible for social insurance has reorganised its investments in 30 listed companies in a bid to reap greater returns. The move came after the General Organization of Social Insurance took on all the assets of the Kingdom’s Public Pension Agency as part of a merger of the two departments, announced last June. The rejigging of the government’s holdings has been led by Hassana Investment Co, the investment arm of GOSI established in 2014, as part of a...

July 21, 2022

News2022, Pension Management, Saudi Arabia

21JulJuly 21, 2022

South Korea huge pension fund a local force driving won lower

South Korea's strenuous attempts to defend a sharply weakening currency have run into an unstoppable home-made force working in the opposite direction: the national pension fund. The National Pension Service (NPS), the world's third-largest such fund, has a hefty and growing appetite for equity and bond investment abroad, which it can feed only by selling won for foreign currency. It made net purchases of about $10 billion of foreign bonds and stocks in the first five months of 2022, central bank...

July 21, 2022

News2022, Pension Management, Political economy, South Korea

15JulJuly 15, 2022

UK. Minister calls on pension schemes to get “data ready” for dashboards

The calls come as the government publishes its response to a consultation which gathered feedback from industry, potential providers, consumer groups and future users on what data should be included and how this should be displayed to people. Bringing pensions into the digital age, dashboards will allow savers to see what they have in their various pensions – including their State Pension – in a single place online, at any time they choose. Ten years since the introduction of Automatic Enrolment...

July 15, 2022

News2022, Pension Management, Regulation, UK

13JulJuly 13, 2022

UK pensions insurance deals to rise more than 25% in 2022-adviser

Britain is likely to see around 35 billion pounds ($41.62 billion) in pensions buy-in and buy-out deals in 2022, up more than 25% from 2021, consultants Hymans Robertson said on Wednesday. Such deals involve offloading the risk of company defined benefit, or final salary, pension schemes to an insurer. Pensions' funding positions have improved following government and central bank stimulus due to the COVID-19 pandemic, making such deals cheaper for some companies, industry specialists say. The deals remove balance sheet risk for...

July 13, 2022

NewsPension Management, Risk, UK

13JulJuly 13, 2022

Australia’s biggest pension fund braces for prolonged slowdown

Australia’s largest pension fund sees the global economy struggling for about two more years as businesses and households adjust to tighter monetary and fiscal policies. Investors have been conditioned to think that market pullbacks are a short-term phenomenon but the current crisis is different, according to Mark Delaney, chief investment officer of the A$260bn ($175bn) pension giant AustralianSuper Pty. “It takes 12 months to two years for tighter monetary policy to impact on the economy – and monetary policy is just...

July 13, 2022

News2022, Australia, Pension Management

04JulJuly 4, 2022

Africa insurers urged to focus more on climate change

Africa’s insurance industry has been challenged to play a proactive role in addressing the climate change agenda. Speaking at the Africa Insurance Organization Annual Conference, General Assembly in Nairobi, director School of Pension and Retirement Studies Edward Odundo, underscored the need for climate change provisions in Environmental, Social and Governance, ESG, risk assessment. "The risks posed by the rising global temperatures cut across all sectors including the insurance industry,"Odundo said. He added that the increasing frequency and intensity of disasters relating to...

July 4, 2022

News2022, Africa, Climate crisis, Pension Management

04JulJuly 4, 2022

A bright future for pensions in Mexico. Interview with: David Razú Aznar, CEO, Afore XXI Banorte

Home to 130 million people and covering just shy of two million square kilometres, Mexico is a vast nation with tremendous economic potential. For decades, the country has been hotly tipped as an economy ready to boom, with experts predicting that Mexico could emerge as a global powerhouse as far back as the 1980s. Boasting abundant natural resources, a young labour force and enjoying a strategic location that is integrated with North America, Mexico is certainly ripe with economic...

July 4, 2022

News2022, Mexico, Pension Management

28JunJune 28, 2022

Large Dutch funds index pensions again

Several large Dutch pension funds, including civil service scheme ABP an healthcare fund PFZW, have increased pension for the first time since 2008. The pension funds can finally index again thanks to a steep rise in funding ratios this year and a relaxation of solvency rules. ABP will increase pensions by 2.39% as of 1 July, and will pay an additional 1.2% to pensioners to compensate for missed indexation during the first six months of this year. The increase has been...

June 28, 2022

News2022, Netherlands, Payout, Pension Management

22JunJune 22, 2022

Japanese corporate pension funds: risks growing for Asia’s emerging markets

Relying on high-growth markets is not showing the results it once did - and the current situation is posing more questions than answers, says one corporate pension fund manager. Corporate pension funds in Japan are struggling to identify the best allocation strategies as the knock-on from distruptive events globally is being felt in Asia's emerging markets, according to leading pension funds. With China’s economy challenged by lockdowns and general repercussions from the Covid-19 pandemic, as well as regulatory interventions that have...

June 22, 2022

News2022, Investment, Japan, Pension Management

July 2022

Pension Fund Environmental, Social and Governance Risk Disclosures: Developing Global Practice

Saudi’s Social Insurance office shakes-up stock market investments in 30 companies

South Korea huge pension fund a local force driving won lower

UK. Minister calls on pension schemes to get “data ready” for dashboards

UK pensions insurance deals to rise more than 25% in 2022-adviser

Australia’s biggest pension fund braces for prolonged slowdown

Africa insurers urged to focus more on climate change

A bright future for pensions in Mexico. Interview with: David Razú Aznar, CEO, Afore XXI Banorte

June 2022

Large Dutch funds index pensions again

Japanese corporate pension funds: risks growing for Asia’s emerging markets