Pension Management Archives - Page 22 of 92 - Pension Policy International

06OctOctober 6, 2023

Asian Retirement Markets 2023: Building Security Against Uncertainty

By Shaun Ng As Asia’s retirement pension funds evaluate the funding status for the many approaching their golden years, alternative investments offer diversification and returns. Major pension funds in Asia have been diversifying further into alternatives, driven by the need to deliver solid returns and combat inflationary pressures as they face a looming underfunding crisis. However, nearly 41% of Asian pensions surveyed by Cerulli cite a “limited understanding” of alternatives, while one-third say they lack in-house expertise when investing in alternatives....

October 6, 2023

Books, Books, Pension design, Reports2023, Asia, Investment, Pension Management

06OctOctober 6, 2023

Inflation concerns drive Asia-Pacific pension funds to alternatives

Pension funds in Asia-Pacific are planning to increase allocations to alternatives to hedge against inflation, but they lack the expertise and understanding to manage these assets in-house, according to a Cerulli Associates report. Between 2020 and 2022, these pension funds increased allocations to alternative assets by 28.4%, and are looking to outsource their alternative investments — particularly to hedge funds, private equity and private debt, according to The Cerulli Report — Asian Retirement Markets 2023: Building Security Against Uncertainty. Figures...

October 6, 2023

NewsAsia, Investment, Pension Management

05OctOctober 5, 2023

DB schemes’ sustainability reporting will be ‘ineffective’ without integrated approach

Defined benefit (DB) pension schemes have been warned they will lack the information needed to understand how nature- and climate-related risks impact them without an integrated approach to sustainability reporting. In a briefing note on Taskforce on Nature-related Financial Disclosures (TNFD), Hymans Robertson highlighted key actions asset owners should take to try and ensure successful TNFD reporting. TNFD published its final recommendations for nature-related risk management and disclosures in September. The recommendations aim to outline the relationship between nature, business and financial capital,...

October 5, 2023

NewsPension Management, UK

05OctOctober 5, 2023

South Africa. Some pensioners are still queuing for hours for their grants

Pensioners still had to wait hours to collect their grants at some places in Cape Town, though on the whole the payments seemed to be going more smoothly. Last month, thousands of social grant beneficiaries did not receive their money on time due to a technical glitch with PostBank. When GroundUp arrived at noon on Tuesday, about 80 people were waiting at the Gatesville Post Office to receive their pension. Elizabeth Fredericks, 75, waited for five hours before receiving her grant. She arrived...

October 5, 2023

NewsPension Management, Pension Payout, South Africa

02OctOctober 2, 2023

Chinese stocks pose reputational risk to US, Canadian pension funds amid geopolitical tensions, says Alpine Macro strategist

Chinese stocks are becoming a reputational hazard for US and Canadian pension funds because of geopolitical risks, a strategist said. Money managers are having a hard time convincing their boards to invest in Chinese assets even if they see long-term potential, as they worry about being seen to be aligning with a hostile government, according to Alpine Macro, a Montreal-based research firm. As a result, they are reducing their exposure to the country and use any market rallies as an opportunity to sell, it...

October 2, 2023

NewsCanada, China, Investment, Pension Management

26SepSeptember 26, 2023

US Corporate Pensions at Healthiest Level in a Decade, Aon Data Shows

Pension plans for the largest U.S. companies are at their healthiest in over a decade, according to financial services firm Aon (NYSE:AON). The average pension "funded ratio" for public companies in the S&P 500 stock index was 102% as of last Thursday, marking the highest level since at least the end of 2011 when the ratio stood at around 78%. The funded ratio is a measure of a pension's financial health, comparing a company's pension assets against its liabilities. Essentially,...

September 26, 2023

NewsFunding, Occupational Pensions, Pension Management, US

26SepSeptember 26, 2023

UK. How can the pensions market help diversify DC savings?

There is a wide gap between the defined benefit and defined contribution generations in terms of the standard of living they are heading into for in retirement. Narrowing this gap was identified as a key driver for government by pensions minister Laura Trott in her keynote address to Onward, which she delivered the day after chancellor Jeremy Hunt's Mansion House speech. But while many who represent pension providers are clamouring for this gap to be filled by additional contributions, the government says we can...

September 26, 2023

NewsInvestment, Pension Management, UK

25SepSeptember 25, 2023

U.S. retirement assets continue increasing

U.S. retirement assets totaled $36.71 trillion at the end of the second quarter, according to data published recently by the Investment Company Institute. That marked the third straight quarterly increase after dropping to $32.81 trillion in September 2022. At the end of 2021, retirement assets were $39.73 trillion. Defined contribution assets totaled $10.23 trillion, up from the recent nadir of $8.96 trillion at the end of 2022's third quarter. The bulk, more than 70%, was placed in 401(k) plans. Defined benefit assets...

September 25, 2023

NewsPension Management, US

25SepSeptember 25, 2023

AI in Investment Management: Separating Hype from Reality

Daily advances in artificial intelligence are leading some to herald it as the next frontier in asset management. AI can generate opportunity with new investment ideas and sources of alpha, as well as improve the risk management of existing quantitative models while creating new ones. But which developments are real and actionable, and which are simply noise? “What we’re seeing is, in a way, remarkable. The level of awareness of the technology has increased massively,” said Benjamin Roy, chief technology officer...

September 25, 2023

NewsInvestment, Pension Management, Technology

22SepSeptember 22, 2023

Alberta presents plan to exit Canada Pension Plan

Today, the Alberta government released a report detailing just how Alberta plans to exit the Canada Pension Plan — which would have ripple effects on all Canadians. The proposal would amount to Alberta removing more than $330 billion — or almost sixty percent — of the Canada Pension Plan’s assets. Since 1966, Canadians have confidently invested their retirement savings in the CPP. More than 650,000 Albertans are CPP beneficiaries, and Canada’s chief actuary reports that the CPP is sustainable for at...

September 22, 2023

News2023, Canada, Pension Management

October 2023

Asian Retirement Markets 2023: Building Security Against Uncertainty

Inflation concerns drive Asia-Pacific pension funds to alternatives

DB schemes’ sustainability reporting will be ‘ineffective’ without integrated approach

South Africa. Some pensioners are still queuing for hours for their grants

Chinese stocks pose reputational risk to US, Canadian pension funds amid geopolitical tensions, says Alpine Macro strategist

September 2023

US Corporate Pensions at Healthiest Level in a Decade, Aon Data Shows

UK. How can the pensions market help diversify DC savings?

U.S. retirement assets continue increasing

AI in Investment Management: Separating Hype from Reality

Alberta presents plan to exit Canada Pension Plan