COVID-19 Archives - Page 108 of 108 - Pension Policy International

18MarMarch 18, 2020

Antigua and Barbuda . COVID-19 puts thousands of pensioners at risk

A turn for the worse in the spread of the novel coronavirus (COVID-19) could be disastrous for thousands of pensioners who depend on the state to survive. “That timeliness of the benefit payment is what will determine the quality of life for an elderly person that is perhaps afflicted by a COVID-19 infection,” said the Executive Director of the Antigua & Barbuda Social Security Board (ABSSB), David Matthias. According to Matthias, 11,288 people over the age of 60 are...

March 18, 2020

News, Slider2020, Coronavirus, COVID-19, Income, Risk

17MarMarch 17, 2020

France. Macron Suspended Pension Reform and Delayed Second Round of Elections

France will be quarantined by noon on Tuesday, French President Emmanuel Macron said in a statement to the nation broadcast by the Elysee Palace. All residents are ordered to stay home and will only be able to leave their homes for substantial reasons. People's movement will be very restricted, Macron said. "We are at war," the French president repeatedly said. Macron announced a number of measures that put France in a martial law to combat the virus. Here are...

March 17, 2020

News, Slider2020, Coronavirus, COVID-19, Europe, France, Pension Reform, Regulation

17MarMarch 17, 2020

COVID19 checklist for pension schemes

As governments and central banks across the world introduce extraordinary measures to limit the damage of this pandemic to both health and the global economy, The Pensions Regulator has urged trustees to have appropriate contingency plans in place to mitigate risks that could have significant consequences for their schemes and members. As such, Buck has launched a checklist aiming to help trustees and employers understand these risks, including actions that can be taken to mitigate them. The checklist...

March 17, 2020

News, Slider2020, Coronavirus, COVID-19, Pension Management

16MarMarch 16, 2020

Coronavirus: Stocks plunge despite global central bank action

Global stock markets have sunk despite central banks around the world announcing a co-ordinated effort to ease the effects of the coronavirus. London's FTSE 100 index has fallen more than 6%, and other major European markets have seen similar falls. Read also Coronavirus: FTSE 100, Dow, S&P 500 in worst day since 1987 On Sunday, the US Federal Reserve cut interest rates to almost zero and launched a $700bn stimulus programme. Read also COVID19 checklist for pension schemes It was part of co-ordinated action announced alongside...

March 16, 2020

News, Slider2020, Coronavirus, COVID-19

13MarMarch 13, 2020

Feverish Stock Price Reactions to COVID-19

By Stefano Ramelli, Alexander F. Wagner This paper studies how markets adjust to the sudden and rapid emergence of previously neglected risks. It does so by analyzing the stock price effects of the 2019 novel Coronavirus (COVID-19) outbreak. Over the first two months of 2020, the health care industry did relatively well in China, the US, and several other countries. Transportation and Energy plummeted everywhere. Within industries, US firms reliant on Chinese inputs and those with a strong export...

March 13, 2020

Articles, Investment2020, Coronavirus, COVID-19, Pension Management

12MarMarch 12, 2020

Dutch pension funds stick to rebalancing policy

Dutch pension funds and their asset managers are sticking to their rebalancing policies within their strategic asset allocations, despite market volatility and falling interest rates. Many schemes will buy additional shares if equity markets remain at the current low level, several asset managers and pension providers have said. However, pension providers are keeping their cards close to their chest as they try to keep other market players in the dark about their intentions. “Making statements could unnecessarily inform the...

March 12, 2020

News, SliderCoronavirus, COVID-19, Europe, Investment, Netherlands, Pension Management

09MarMarch 9, 2020

Asset owners, managers turn to technology to combat COVID-19

Asset owners and their money managers are adapting to seeing less of each other when it comes to the day-to-day business of managing institutional portfolios. The spread of COVID-19 across the globe and the potential threat it represents to human health and disruption to basic business practices in the U.S. have led to significantly curtailed travel and heavier reliance on remote meeting technology by both investors and managers. "Everyone in the North American investment management industry is watching everything going on...

March 9, 2020

News, SliderCoronavirus, COVID-19, Pension Management

06MarMarch 6, 2020

BBC coronavirus UK warning: Pensioners face ‘rapid increase’ in risk of death from illness

Sir Patrick Vallance outlined that the mortality rate of COVID-19 cases for people over the age of 80 is around eight percent, he then contrasted this with the mortality rate for children under which is "essentially zero". The Government chief scientific adviser stated that this was due to the likelihood of people over the age of 80 to have co-existing illnesses in comparison to any other demographic. Sir Patrick Vallance said: "Older people are vulnerable to all sorts of...

March 6, 2020

News, Slider2020, Coronavirus, COVID-19, Europe, Healthcare, UK

28FebFebruary 28, 2020

UK. Pensions take hit as FTSE loses £152billion in four days due to coronavirus

PENSION savings took a battering yesterday after billions of pounds were wiped off the stock market in the wake of the growing coronavirus outbreak. The London Stock Exchange dropped to a new 13-month low as the spread of Covid-19 hit markets around the world and traders warned that it could lead to “anaemic global growth”. The FTSE 100 blue-chip index has lost £152billion in the past four days – a fall of 8.2 percent so far this week, shedding £62billion yesterday. It...

February 28, 2020

News, SliderCoronavirus, COVID-19, Europe, Investment, UK

March 2020

Antigua and Barbuda . COVID-19 puts thousands of pensioners at risk

France. Macron Suspended Pension Reform and Delayed Second Round of Elections

COVID19 checklist for pension schemes

Coronavirus: Stocks plunge despite global central bank action

Feverish Stock Price Reactions to COVID-19

Dutch pension funds stick to rebalancing policy

Asset owners, managers turn to technology to combat COVID-19

BBC coronavirus UK warning: Pensioners face ‘rapid increase’ in risk of death from illness

February 2020

UK. Pensions take hit as FTSE loses £152billion in four days due to coronavirus