Pension Management Archives - Page 92 of 109 - Pension Policy International

24NovNovember 24, 2020

Sweden’s Kåpan ups green bond weighting, expands fossils strategy

Swedish government employees’ pension fund Kåpan Pensioner announced a series of environmental, social and governance (ESG) initiatives it has taken so far this year to up its game in sustainable investment, and said it plans to extend the scope of its fossil-fuel strategy. The SEK100bn (€9.8bn) fund also said it was increasing its mandate for green bonds, with its holdings of the environmental debt having grown in 2020, and had taken action to cut sustainability risk in its global...

November 24, 2020

News, Slider2020, Corporate Governance, ESG, Pension Management, Sweden

24NovNovember 24, 2020

Canada. TTC pension plan focusing on liquidity amid coronavirus pandemic

The Toronto Transit Commission Pension Fund Society has been reminded of the importance of liquidity during the coronavirus pandemic, according to Sean Hewitt, the fund’s chief executive officer, during a virtual roundtable hosted by the Canadian Pension and Benefits Institute on Thursday. “COVID-19 was a really interesting test study in liquidity,” he said, noting the TTC plan conducts a liquidity budget test annually to ensure it’s able to pay pensioners under dire circumstances. The previous test case was the...

November 24, 2020

News, Slider2020, Canada, COVID-19, Investment, Pension Management

19NovNovember 19, 2020

Nigeria. Retirees protest unpaid pensions

Pensioners in southwestern Nigeria stormed a government building Wednesday, protesting a lack of payments, local media reported. Angry protestors raised placards, in front of the Government Secretariat in the town of Abeere, adjacent to Osogbo, the capital of Osun state, according to local news website The Punch. The report did not elaborate on the reason for the state administration's alleged failure to pay pensions Nigeria, an oil-rich nation that has one of Africa's highest populations, has been suffering...

November 19, 2020

News, Slider2020, COVID-19, Nigeria, Pension Management

18NovNovember 18, 2020

South Africa. GEPF asset market value declines by 11.4% – annual report

Ryk Van Niekerk: The Government Employees Pension Fund, or GEPF, released its annual report yesterday, November 16, 2020. It was for their financial year to the end of March this year. Now the GEPF is a defined-benefit fund, which manages pensions and related benefits on behalf of government employees in South Africa. It was established in 1996, and is the largest pension fund in South Africa and one of the largest in the world. The fund’s asset value stood...

November 18, 2020

News, Slider2020, COVID-19, Pension Management, South Africa

13NovNovember 13, 2020

Nigeria. NSE Fixed Income Market capitalization hits N17 trillion

Despite the impact of the pandemic on businesses and incomes, the market capitalization of fixed income securities appreciated to over N17 trillion as at October 2020. This was revealed by the Divisional Head, Listing Business at the Nigerian Stock Exchange Market, Mr. Olumide Bolumole, in a webinar hosted by the Exchange in collaboration with Oduá Chambers of Commerce and Industry on Wednesday 11 November, 2020. Despite the impact of the pandemic on businesses and incomes, the market capitalization...

November 13, 2020

News, Slider2020, COVID-19, Investment, Nigeria, Pension Management

11NovNovember 11, 2020

Japan’s Government Pension Investment Fund Returns 3.05% in Q2

Japan’s Government Pension Investment Fund (GPIF) posted an investment return of 3.05% gross of fees during the second quarter of fiscal year 2020 to raise the asset value of the world’s largest pension fund to 167.536 trillion yen, or $1.62 trillion. The fund is now $440 billion larger than the world’s second largest pension fund, Norway’s Government Pension Fund Global (GPFG), which currently has an asset value of roughly $1.18 trillion. To put that in perspective, the gap between...

November 11, 2020

News, Slider2020, COVID-19, Investment, Japan, Pension Management

10NovNovember 10, 2020

United Kingdom (UK) Post – Retirement Pensions Market 2020

By Research and Markets This report explores trends in the way individuals fund their lifestyle in retirement. It examines pension decumulation and provides details on the way pension plans are accessed for the first time, exploring differences by pension pot size. Current and historical data on the size of common retirement income products is provided. The report also discusses to what extent individuals are confident that their lifetime investments will last through retirement. In addition, it explores consumers’ attitudes and...

November 10, 2020

BooksPension Management, Reports

10NovNovember 10, 2020

Ghana. SSNIT saves ¢200m after value for money audit, renegotiation of legacy investment-related costs

The Social Security and National Insurance Trust (SSNIT) has saved some ¢200 million on legacy investment-related costs. This was achieved through value for money audit and renegotiations of such costs. According to the Director-General, Dr. John Ofori-Tenkorang the measure taken was relevant for the sustainability of the trust. “The cost-saving measures implemented by the leadership of the Trust have helped to improve the financial health and long-term sustainability of the Trust”, he said in a speech delivered at the...

November 10, 2020

News, Slider2020, Ghana, Pension Management, supervision

09NovNovember 9, 2020

75% of Aussies support 12% superannuation guarantee increase

An overwhelming majority of Australians support lifting the superannuation guarantee to 12% despite Reserve Bank modelling revealing that doing so will shrink wages growth. Three in four Australians say they support increasing the super guarantee to 12%, according to a nationwide survey conducted by the Association of Superannuation Funds of Australia (ASFA). Only 12% of the 1,375 people surveyed said they think the super guarantee rate should remain unchanged at 9.5%. The superannuation guarantee is the minimum amount your...

November 9, 2020

News, Slider2020, Australia, COVID-19, Pension Management

05NovNovember 5, 2020

Pension Superpowers and Financial Markets in the Sino-American Century

By M. Nicolas J. Firzli In this primer published in the Feb. 2020 issue of Private Debt Investor (PDI), Nicolas J. Firzli, World Pensions Council, looks at how institutional asset owners will come to the fore in the new geo-economic context defined by renewed Sino-American "coopetition" across ASEAN countries, Australia, Eastern Europe and the MENA area, Brexit and the resurgence of one-nation conservatism in Britain, the slow, relative decline of the European Union and the secular rise of "Pension...

November 5, 2020

Articles, Pension design2020, Pension Management, Private Pensions, Public Pensions

November 2020