By Valbona Cinaj  The pension system faces many problems and challenges. Social security in general is the system of social protection in Albania, as in other countries, is influenced by the country’s economic power, labor market developments, demographic situation, employment situation and unemployment, GDP growth, macroeconomic stability, etc. These indicators will serve not only as […]

By Barry Gros With the significant decline in single-employer defined-benefit (DB) pension plans in the private sector, it’s important to understand other alternatives. One such alternative is the target-benefit plan. The regulation of target-benefit plans (TBPs) in all provinces across Canada can be made more straightforward and effective using lessons learned from real-life experiences. With […]

By Thomas E. Lambert & Christopher B. Tobe This paper examines a looming possible crisis in many Americans’ retirement plans due to the proliferation of annuity products in their retirement investment portfolios. As defined benefit pension plans have almost completely disappeared as a means of retirement savings and have been replaced by defined contribution retirement […]

Assets in mutual and exchange-traded funds with a climate-related mandate globally rose by 16% in 2023 to $540 billion, according to data collected by financial services firm Morningstar. The report said the increase was driven by continued inflows, product launches and market appreciation. Europe accounted for 84% of the climate-related assets, while China and the […]

Labour is to wage a new campaign to win over Tory-supporting pensioners in an attempt to neutralise one of the government’s last remaining electoral strengths, amid evidence the Conservatives are now performing as badly among the age group as they did under Liz Truss’s leadership. With less than a fortnight to go until local elections in […]

Less than 50% of Malaysians are insured, according to insurance industry players. They said that getting insurance is especially important for the public to shield themselves from unexpected illnesses in old age as the country moves toward an ageing society. Insurance industry players said medical claim payouts had increased in the last two years, with […]

Two of Australia’s largest pension funds said on Monday they are voting against Woodside Energy’s climate plan, ahead of its annual meeting on Wednesday, where the company’s chairman is facing rare opposition from major investors. Aware Super, which manages A$170 billion ($109 billion) has voted against Woodside’s climate transition action plan and the re-election of […]