Slider Archives - Page 5 of 453 - Pension Policy International

15MarMarch 15, 2022

Incorporating ESG into retirement strategies

Environmental, social, and governance (ESG) has come to the forefront of policymaking within the financial services sector throughout the last the decade. Indeed, many industry leaders are keen to introduce ESG into their operations. A mixture of changing laws, regulatory rules, and growing demand from investors has influenced this push in collective conscientiousness that only took hold in the mid-2000s. In 2004 then UN Secretary-General Kofi Annan wrote to 50 CEOs within major financial institutions, inviting them to join an initiative...

March 15, 2022

News, Slider2022, ESG, Investment

15MarMarch 15, 2022

US. The ABCs of Group Retirement Plans

The foundational concept of a group retirement solution—the multiple employer plan—has deep roots. Dating back to the early 20th century and formalized by the Taft-Hartley Act of 1947, multiple employer plans (MEPS) began as vehicles to make agreements between management and labor unions possible across numerous employers in the same industry. While the multiple employer solutions we know today may look different, their underlying benefits have endured the test of time. In fact, their structure becomes even more relevant every...

March 15, 2022

News, Slider2022, Pension design, US

15MarMarch 15, 2022

‘Wisdom and respect’: what Peru’s forgotten generation can teach us about life and ageing

Enedina Avilés sits on a rocky ledge surveying the city below. She comes to this spot every evening after spending the day earning a living peeling garlic cloves. “This is her moment of meditation,” says Peruvian photographer Alex Kornhuber. Avilés’s home, a wooden shack with no running water or electricity, is perched on a hillside on the southern outskirts of Lima. She lived in the mountains for most of her life but moved to the city seven years ago after...

March 15, 2022

News, Slider2022, Aging, Perú

15MarMarch 15, 2022

UK. Pension funds will increase impact investing, research finds

Pension funds are predicted to increasingly invest with impact, according to a survey by the Impact Investing Institute and EY, the professional services firm. The UK impact investing market had an estimated £58bn in assets under management at the end of 2020. Only 1 per cent of this figure was attributed to pension fund managers. But pension funds, asset managers and family offices were seen as the primary drivers of future growth given the scale of capital they control, a survey...

March 15, 2022

News, Slider2022, Investment, UK

14MarMarch 14, 2022

US. A Guide To The State Pension Funds Divesting From Russia

As economic sanctions against Russia for its invasion of Ukraine spread, state and local public pension plans are looking at selling off their Russian-related assets and some are already doing so. Lawmakers in at least a dozen states are pressuring their pension funds to divest from Russian-related investments. Divestment isn’t likely to have much impact on the funds themselves as Russian-domiciled investments make up less than 1% of most (if not all) state portfolios. But collectively, it sends a message....

March 14, 2022

News, Slider2022, Investment, Public Pensions, Russia, US

14MarMarch 14, 2022

Global Pension Asset Values Grow to Record $56 Trillion in 2021

Total pension fund assets in the 22 largest global markets rose to a record $56.6 trillion as of the end of 2021, up from $52.9 trillion the previous year, according to new research from WTW’s Thinking Ahead Institute. The 2022 “Global Pension Assets Study” estimates that the $56.6 trillion in pension assets accounts for 76% of the gross domestic products of the 22 economies, which consist of 21 countries and Hong Kong. It also said total pension assets have nearly...

March 14, 2022

News, Slider2022, Pension Management, savings

14MarMarch 14, 2022

Macron plans to raise French retirement age to 65

The president had declared in December that he wanted the French to “work longer”, and has repeated the message twice, firstly in his open letter to the French people in which he finally declared his candidacy for the Elysée, and secondly at a meeting involving a number of elected officials who had signed letters of sponsorship in his favour to allow him to run for a second term. Read also People Are Now Living More Years in Good Health According to...

March 14, 2022

News, Slider2022, France, Retirement Age

14MarMarch 14, 2022

China markets in turmoil as Russia ties add to list of risks

Global investors are losing faith in China's ability to navigate an increasingly complex maze of challenges. The war in Ukraine raises the specter of harsh sanctions being applied to Chinese firms should they proceed with plans to acquire stakes in Russian energy and materials producers. The risk of Chinese companies being delisted from the U.S. is growing. A housing slump is worsening. Record commodities prices locally may stoke inflation, while the highest COVID-19 infections since the Wuhan outbreak will weigh...

March 14, 2022

News, Slider2022, China, Investment, Russia

14MarMarch 14, 2022

UK. Govt’s dashboard proposals cause widespread industry concerns

The Pensions and Lifetime Savings Association has recommended three thresholds that must be met before pensions dashboards are launched to the public, but there is widespread industry concern around liability for incorrect or misinterpreted information, and significant doubts whether its launch is achievable by the government’s preferred dates. The Department for Work and Pensions launched a consultation into its draft dashboards regulations in January that set out detailed data presentation and communication requirements, and that reaffirmed the government’s commitment to...

March 14, 2022

News, Slider2022, Technology, UK

11MarMarch 11, 2022

US. Putin, Russian Pals “Mystery” Partners in Public Pension Deals?

America’s state and local government pensions invest as much as 40 percent of their assets in secretive, offshore “alternative” hedge, private equity, real estate and venture funds which warn that certain unidentified “mystery investors” pay lower fees, are provided greater information about investment strategies and portfolio holdings, have been granted liquidity preferences and receive superior net performance—all at the expense of America’s public sector workers. Read also US. Corporate pension buyouts record second-highest year in volume How many wealthy Russians are...

March 11, 2022

News, Slider2022, Investment, Public Pensions, Russia, US

March 2022