Japan. World’s largest pension fund to resume foreign stock lending Japan. World’s largest pension fund to resume foreign stock lending
Japan. World’s largest pension fund to resume foreign stock lending

Japan’s Government Pension Investment Fund (GPIF) has confirmed it will resume foreign stock lending after it ...

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Japan. World’s largest pension fund to resume foreign stock lending
UK. TPR takes tougher action over value as it issues first fine UK. TPR takes tougher action over value as it issues first fine
UK. TPR takes tougher action over value as it issues first fine

The Pensions Regulator (TPR) has issued a fine against a corporate trustee in the UK in a drive to ensure save ...

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UK. TPR takes tougher action over value as it issues first fine
Japan union group announces biggest wage hikes in 33 years, presaging shift at central bank Japan union group announces biggest wage hikes in 33 years, presaging shift at central bank
Japan union group announces biggest wage hikes in 33 years, presaging shift at central bank

Japan's biggest companies agreed to raise wages by 5.28% for 2024, the heftiest pay hikes in 33 years, the cou ...

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Japan union group announces biggest wage hikes in 33 years, presaging shift at central bank
US. Around 20% of people have no retirement savings, survey finds US. Around 20% of people have no retirement savings, survey finds
US. Around 20% of people have no retirement savings, survey finds

The AARP and the Ad Council launched a campaign called “This is Pretirement” to help encourage people to serio ...

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US. Around 20% of people have no retirement savings, survey finds
UK. DWP’s frozen state pension policy called into question UK. DWP’s frozen state pension policy called into question
UK. DWP's frozen state pension policy called into question

The International Consortium of British Pensioners has called for a review of frozen pensions as its analysis ...

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UK. DWP’s frozen state pension policy called into question
South Korea. Pension reform proposals criticized for lacking sustainability South Korea. Pension reform proposals criticized for lacking sustainability
South Korea. Pension reform proposals criticized for lacking sustainability

The recent national pension reform proposal at the National Assembly is facing criticism for merely tweaking s ...

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South Korea. Pension reform proposals criticized for lacking sustainability

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ARTICLES

Unpackaging ESG: Evidence from 401(k) Investment

By Jiaxing Tian & Jiahong Shi We study how investors respond to scandals related to three distinct aspects of ESG–E(nvironmental), S(ocial) and G(overnance)–in their retirement savings. Using data on 401(k) investments, we show that nearby ESG scandals correlate with increased ESG fund additions and flows, possibly through “evoking” their existing sustainable preferences. Investors with different […]

The Lifelong Benefits of Improved Financial Literacy

By Annamaria Lusardi Annamaria Lusardi talked with Retirement Management Journal Editorial Advisory Board Members in June 2023 about benchmarking and assessing financial literacy, how it compares globally and why it matters, and providing financial education to improve retirement readiness. Source SSRN

An Assessment of the 2019 and 2020 Pension Reforms in Mexico

By Boele Bonthuis In recent years the Mexican pension system has changed significantly. In 2019 the existing means-tested social pension was made universal – covering everyone over the age of 65 – and the benefit level increased. In 2020, the main regime of the private sector was substantially reformed, increasing contribution rates for the funded […]

NEWS

Japan. World’s largest pension fund to resume foreign stock lending

Japan’s Government Pension Investment Fund (GPIF) has confirmed it will resume foreign stock lending after it first suspended the practice in December 2019. In the future, the fund intends to “promptly proceed” with specific practical measures such as the selection of foreign stock lending agents by asset management organisations. However, GPIF does not intend to carry […]

UK. TPR takes tougher action over value as it issues first fine

The Pensions Regulator (TPR) has issued a fine against a corporate trustee in the UK in a drive to ensure savers receive value from their pension schemes. Regulation, which came into force in 2021, require trustees of pension schemes with less than £100m in assets to undertake a more detailed assessment of value for members […]

Japan union group announces biggest wage hikes in 33 years, presaging shift at central bank

Japan’s biggest companies agreed to raise wages by 5.28% for 2024, the heftiest pay hikes in 33 years, the country’s largest union group said on Friday, reinforcing views that the county’s central bank will soon shift away from a decade-long stimulus programme. The much-stronger-than-expected increase comes as the Bank of Japan looks close to ending […]

US. Around 20% of people have no retirement savings, survey finds

The AARP and the Ad Council launched a campaign called “This is Pretirement” to help encourage people to seriously think about their retirement plans. “The idea of creating a new campaign to give people small, actionable steps, to really get their retirement savings on track but remove that shame and fear, which is all over us when it really […]

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