Pension Management Archives - Page 3 of 98 - Pension Policy International

04MarMarch 4, 2025

UK. DB schemes reconsidering long-term strategies amid market changes

Defined benefit (DB) pension schemes may be reconsidering their endgame strategies in light of recent market movements, PwC has said, after its Low Reliance Index continued to show a record surplus position, rising to £180bn in February 2025. PwC’s Buyout Index also recorded a surplus position of £90bn, demonstrating that DB pensions schemes continue to have, on average, sufficient assets to buyout their pension promises. PwC head of investment strategy, Sam Seadon, noted that there has been "something of a roller...

March 4, 2025

News, SliderDefined Benefit, Investment, Pension Management, UK

04MarMarch 4, 2025

UK. The People’s Pension Fund Revamps Investment Strategy

The People’s Pension has pulled more than US$35bn of investments from State Street over sustainability and ESG concerns, passing funds to Amundi & Invesco One of the UK's leading pension funds, the People’s Pension, has made a significant move by withdrawing £28bn (US$35bn) from State Street, as part of its strategic alignment towards enhanced Environmental, Social, and Governance (ESG) goals. This reshuffling involves reallocating a substantial £20bn (US$25bn) to Amundi, and another £8bn (US$10bn) to Invesco. Consequently, only £5bn (US$6.2bn) remains under State Street's management, notably reduced...

March 4, 2025

News, SliderInvestment, Pension Management, UK

03MarMarch 3, 2025

Brookfield eyes UK’s pensions risk deals with insurance spin-off

Brookfield, the North American asset manager, is set to muscle in on a lucrative area of the UK pensions industry dominated by Legal & General, Aviva, Standard Life and other British insurers. The Canadian-American firm will launch Brookfield Wealth Solutions (BWS), its insurance spin-off, as an entrant into the bulk annuity pensions market. This is where private companies with traditional defined-benefit pension schemes seek buy-in or buy-out deals to transfer their risks to insurers and life assurance companies. The UK pension...

March 3, 2025

News, SliderPension Management, UK

03MarMarch 3, 2025

Taiwan. Record-breaking pension fund earnings distributed

People enrolled in the new Labor Pension Fund received record-breaking boosts to their pensions, as gains made through the fund’s investments were distributed across accounts today, the Bureau of Labor Insurance announced. Investments made by the fund netted record gains of NT$698.97 billion (US$21.25 billion) last year, the bureau said. A total of 12.92 million people enrolled in the fund had their pensions boosted, 200,000 more than the previous year, the bureau said. Bureau of Labor Insurance signage is pictured in Taipei...

March 3, 2025

News, SliderPension Management, Taiwan

24FebFebruary 24, 2025

Pension funds boost contributions amid rising risks

Pension funds are bracing for heightened risks in 2025, with 74% of senior executives planning to increase contributions and 73% raising budgets for scenario modelling, according to Ortec Finance, a provider of technology and solutions for risk and return management. Despite 65% of executives reporting an improved funded status, many remain cautious about liquidity and long-term sustainability. The survey, which covered pension funds managing $1.451 trillion in assets across the UK, US, Netherlands, Canada, and Nordics, found that 84% expect...

February 24, 2025

News, SliderInvestment, Pension Management

20FebFebruary 20, 2025

Why trustees must keep ahead of greenwashing risks

‘Greenwashing’ by asset managers and other entities can leave trustees exposed to legal, regulatory and reputational risk, a law firm has warned. It comes after some high-profile campaigns have highlighted investments into fossil fuel companies made by asset managers and pension providers, despite claims of low carbon and sustainable approaches. Most recently, the Make My Money Matter campaign highlighted 12 of the UK’s biggest pension providers and claimed there was a “persistent failure” across the industry to address climate change concerns. Kate Granville Smith,...

February 20, 2025

News, SliderClimate crisis, Investment, Pension Management

19FebFebruary 19, 2025

US. Over 71,000 retirement savers may be victims of cyber breach at The Pension Specialists

More than 71,000 customers of retirement plan administrator The Pension Specialists may have had their personal data breached in a cyber theft that occurred last year, according to a notification filed by The Pension Specialists with the Office of the Maine Attorney General on Feb. 14. The company became aware of the cyber incident on Feb. 24, 2024, when it experienced a network disruption. After initiating an investigation with cybersecurity experts, it determined that certain files may have been accessed...

February 19, 2025

News, SliderPension Management, Risk, US

18FebFebruary 18, 2025

The UK pensions dashboard faces new delays

The long-awaited pensions dashboard is facing fresh delays and may still not be ready to roll out next year – more than a decade after it was first proposed. The Government’s dashboard, designed to allow people to view all their pension pots in one place, has been beset by a series of delays and is tens of millions of pounds over budget. A National Audit Office report in May last year found that the cost of the project had increased from £235m in 2020...

February 18, 2025

News, SliderPension Management, Regulation, UK

13FebFebruary 13, 2025

Don’t expect AI to make pension decisions just yet, says CFA Institute

AI is steadily shaping the world of pension management, offering new efficiencies, deeper insights, and consistent challenges for pension managers, according to recent research from the CFA Institute. Genevieve Hayman, senior research affiliate at the CFA Institute, explained while AI’s role in pension management is still developing and surpassing efficiency gains, it’s not yet replacing the human decision-making process. Rather, machine learning tools are enhancing their ability to be more informed and accountable in their fiduciary duties, with AI being...

February 13, 2025

News, SliderAI, Pension Management, Technology

13FebFebruary 13, 2025

Canada. How safe is your pension from climate change? A new tool could predict that — if companies use it

Corporate bean counters can now implement “landmark,” made-in-Canada environmental standards as part of their bookkeeping, to be more transparent about how profits could be affected by climate change. In December, Chartered Professional Accountants of Canada enshrined the standards in its official handbook used for preparing financial statements. Industry watchers say the push towards corporate transparency is likely to continue despite recent moves by businesses and politicians in the opposite direction. Transparency rules help the public see where risks are hidden. Take real estate...

February 13, 2025

News, SliderCanada, Climate crisis, Pension Management, Technology

March 2025

February 2025