The government has officially launched the National Wealth Fund and announced reforms to other public institut ...
U.S. corporate pension funding ratios dipped slightly in September, as falling yields drove liabilities higher ...
PASA today published the first content in its new ‘Dashboards Toolkit’. The Toolkit will be updated over time ...
Ausra Linkuviene, a retired typesetting designer from Lithuania, represents a growing trend in Europe, where r ...
The largest public pension scheme in the US has invested in Octopus Energy, highlighting international interes ...
About 30 percent of Koreans, aged between 18 and 49, support the abolition of the national pension system amid ...
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ARTICLES
Rules of Thumb and Retirement Accounts
By Vanya Horneff, David A. Love & Raimond Maurer We examine the welfare costs of applying common rules of thumb for saving, investment, 401k contributions, and withdrawals in an environment that includes a realistic treatment of taxation, Social Security benefits, 401k-plan details, and uncertainty in income, longevity, and asset returns. We test the performance of […]
Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice
By Aizhan Anarkulova, Scott Cederburg & Michael S. O’Doherty We challenge two central tenets of lifecycle investing: (i) investors should diversify across stocks and bonds and (ii) the young should hold more stocks than the old. An even mix of 50% domestic stocks and 50% international stocks held throughout one’s lifetime vastly outperforms age-based, stock-bond […]
Patterns of Consumption and Savings around Retirement
By Arna Olafsson & Michaela Pagel This chapter analyzes how consumption, savings, and other positions on household balance sheets change around retirement. Four patterns stand out. First, many households have barely any savings and hold substantial amounts of consumer debt at the time of retirement. Second, consumption falls at retirement, possibly due to work-related expenses, […]
NEWS
UK. Govt launches National Wealth Fund to drive pension fund investment
The government has officially launched the National Wealth Fund and announced reforms to other public institutions to encourage additional pension fund investment into high-growth UK companies. The UK Infrastructure Bank is to be overhauled and rebranded as the National Wealth Fund. The announcement was made by chancellor Rachel Reeves at the government’s International Investment Summit […]
US. Most Corporate Pensions Saw Funding Dip in September
U.S. corporate pension funding ratios dipped slightly in September, as falling yields drove liabilities higher than could be offset by strong gains in equities, according to most of the country’s largest plan consultants. The consensus of slight declines in pension funding status comes after a month in which the Federal Reserve cut interest rates for the first […]
UK. PASA launches pensions dashboards toolkit
PASA today published the first content in its new ‘Dashboards Toolkit’. The Toolkit will be updated over time and the first releases include: A questionnaire for trustees to issue to their AVC providers in advance of connecting their scheme AVCs to dashboards A checklist and suggested list of activities for administrators to connect to and […]
From ageing to active living — working through old age in EU
Ausra Linkuviene, a retired typesetting designer from Lithuania, represents a growing trend in Europe, where retirement no longer means the end of a working career. Years after retiring, 67-year-old Austra has continued working. Supported by both her pension and salary, she can travel every year. Admired by her younger colleagues, she sees no reason to […]