UK. Inside the Pensions Regulator’s new approach to enforcement
The regulator published its new enforcement approach on its website, setting out how it will use “better data, ...
AIIB eyes new platform to pool private capital for Asia’s US$1.7tr infrastructure needs
The Asian Infrastructure Investment Bank (AIIB) is developing a new platform to pool capital from institutiona ...
US’s Solo Aging Crisis Is Here
Most people spend decades planning for the financial risks of retirement. Almost no one plans for the social o ...
The World’s Largest Pensions Are Hiring for an AI Future as They See Record Asset Growth
The world’s largest allocators are enthusiastically rethinking how to use artificial intelligence to manage mo ...
US. Explaining the Rise in Alternative Investments in Public Pension Plans
In recent decades, public pension plans in the United States have changed how they take on risk. At the turn o ...
South Africa. FSCA puts retirement fund fees and returns under scrutiny
The regulator of pension funds, the Financial Sector Conduct Authority (FSCA), will implement a value framewor ...
Visit our specialized section on Pension Reforms in Latin America
ARTICLES
Subjective Financial Literacy and Retirement Planning
By Weiqiang Tan & Jingbo Wu This research uses data from the National Financial Capability Study to investigate how subjective financial literacy (FL) influences retirement planning behaviors. Through a probit model, we establish that subjective FL have significant positive effects on three common retirement planning behaviors. When analyzing how subjective FL affects retirement planning, we […]
Redistribution through Taxes or Pensions? Optimal Income Tax and Pension Progressivity
By Burkhard Heer & Mark M. Trede We develop a medium-scale overlapping-generations model with endogenous labor supply and skill premium to study optimal income redistribution using progressive labor income taxes and pensions. The model is calibrated to the four countries USA, Great Britain, Italy and Germany which differ substantially in their tax and pension systems, […]
Pensions from Capital: How Pension Funds in the United States, Japan and Europe Invest -and What Private Investors Can Learn from Them
By Roland Rupprechter This paper examines the pension funds of the large industrial countries — with more than USD 68 trillion between them, the heaviest group of investors in the world. It compares how funded retirement provision is organised in the United States, in Japan and in Europe: how state, occupational and private provision differ, […]
NEWS
UK. Inside the Pensions Regulator’s new approach to enforcement
The regulator published its new enforcement approach on its website, setting out how it will use “better data, intelligence, and market insight” to inform its actions and “identify emerging risks sooner, engage earlier, and step in before problems escalate”. In its enforcement strategy document, the regulator explained that it had developed a “more focused, agile […]
AIIB eyes new platform to pool private capital for Asia’s US$1.7tr infrastructure needs
The Asian Infrastructure Investment Bank (AIIB) is developing a new platform to pool capital from institutional investors, aiming to roughly quadruple the private capital it mobilises for infrastructure projects across Asia, according to a senior officer. The mechanism will allow insurers, pension funds, and other institutional investors to co-invest in infrastructure debt alongside the bank […]
US’s Solo Aging Crisis Is Here
Most people spend decades planning for the financial risks of retirement. Almost no one plans for the social ones. Yet the risk that derails the final chapter of life is rarely running out of money. It is running out of people. Roughly 28% of Americans age 65 and older now live alone, according to Census […]
The World’s Largest Pensions Are Hiring for an AI Future as They See Record Asset Growth
The world’s largest allocators are enthusiastically rethinking how to use artificial intelligence to manage money and hire talent. New research from WTW’s Thinking Ahead Institute shows that many large pensions are still building their data, processes, and infrastructure needed to put their AI tools to work. Organizations are even rethinking how to hire talent, with […]