Pension Management Archives - Page 4 of 98 - Pension Policy International

30JanJanuary 30, 2025

US. More than 4 in 5 retirement plans have at least one regulatory ‘red flag’ violation

More than 4 in 5 workplace retirement plans in the U.S. (84%) have at least one regulatory “red flag” violation that could put them at risk of fines, legal penalties or fiduciary failure, according to consultant Abernathy Daley 401k Consultants. Of the nearly 765,000 defined contribution plans analyzed, 43% had at least one “regulatory infraction red flag” or RIRF, the most severe type of violation that could result in civil legal penalties, discovery leading to trial, or both, Abernathy said. RIRF...

January 30, 2025

News, Slider, Slider2025, Pension Management, Regulation, US

28JanJanuary 28, 2025

UK. Pension industry backs Reeves’ £160bn corporate pension release

The pensions industry has said it is willing to back the Chancellor Rachel Reeves’ plans to unlock up to £160bn in corporate surpluses if retirees are given “appropriate protection” by the government. Reeves and the Prime Minister Keir Starmer are set to meet with business leaders in the City of London today to outline pension reforms aimed at driving economic growth. Under the changes, trapped surplus funds in so-called final salary pension schemes will be freed up for investment, while trustees will be given more...

January 28, 2025

News, Slider2025, Investment, Pension Management, UK

23JanJanuary 23, 2025

US. Pension funds push once again for private equity transparency

Pension funds and other institutional investors are pressing private-equity firms to provide more standardized reporting on fees and investment performance, reflecting long-standing frustration over inconsistent and opaque disclosures. Citing sources familiar with the matter, the Wall Street Journal reported that the Institutional Limited Partners Association, a trade group representing pension plans such as the California Public Employees’ Retirement System and the State of Wisconsin Investment Board, recently proposed new guidelines aimed at improving transparency in the private-equity sector. According to the Journal, those guidelines...

January 23, 2025

News, Slider2025, Investment, Pension Management, Regulation

23JanJanuary 23, 2025

China moves to boost languishing markets by ordering funds to invest more in shares

The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stocks to help jolt its languid markets out of the doldrums. Officials told reporters in Beijing on Thursday that beginning this year mutual funds should increase holdings of onshore stocks, called A-shares, by at least 10% a year over the next three years. Commercial insurance funds will have to put 30% of their...

January 23, 2025

News, Slider2025, China, Investment, Pension Management

22JanJanuary 22, 2025

One in five pension funds lacks liquidity, survey shows

One in five pension funds (18%) admit they lack sufficient liquidity to withstand adverse scenarios, while 62% acknowledge that liquidity could become problematic in extreme cases, according to a survey by pension funds solution provider Ortec Finance. The survey, which polled senior executives managing $1.451 trillion in assets across the UK, US, the Netherlands, Canada, and the Nordics, revealed that just 20% of funds are confident in their liquidity positions. Long-term liquidity risks emerged as the primary concern for 60%...

January 22, 2025

News, SliderPension Management

20JanJanuary 20, 2025

UK. The People’s Pension exploring private markets with plans to allocate up to $4.9 billion

The People's Pension, Crawley, England, is taking steps to allocate up to £4 billion ($4.9 billion) to private markets assets by 2030, and also plans to hire a specialist and set up a dedicated research capability. The defined contribution master trust had £31 billion in assets as of Dec. 31, and expects to reach £60 billion by 2033. This allocation will mark The People's Pension's first foray into private markets, as confirmed by a spokesperson for the fund. While it did...

January 20, 2025

News, SliderInvestment, Pension Management, UK

17JanJanuary 17, 2025

Advocates claim high-risk gas assets are liabilities for pensions

Adam Scott believes pension fund managers who invest in gas are in trouble. Particularly, those who think high-risk gas assets can be saved by hydrogen. This might come as a shock because pension fund managers have long seen gas infrastructure as a low-risk investment. Historically, regulated gas assets offered stable returns and seemed to be a safer, lower-carbon option compared to other fossil fuels. But Scott, executive director at Shift Action for Pension Wealth and Planet Health, says these...

January 17, 2025

News, SliderClimate crisis, Investment, Pension Management

14JanJanuary 14, 2025

UK pension schemes in “robust position” to deal with market movements

Pension schemes in the UK are in a "robust position" to deal with market fluctuations, an industry body has said. The pound fell to a fresh 14-month low on Monday, while UK government bonds, also known as gilts, continued to see 10-year yields hit highs not seen since 2008. Yields are a key indicator of market confidence, moving inversely to bond prices. There has been speculation over potential impacts for pensions from the gilt market rout, as well as mortgages, with comparisons...

January 14, 2025

News, SliderPension Management, Regulation, UK

13JanJanuary 13, 2025

Europe’s top pension fund divests $585 million stake in Tesla

Europe's largest pension fund, Stichting Pensioenfonds ABP, has sold off its entire stake in Tesla (NASDAQ:TSLA) Inc., valued at $585 million, during the third quarter. The decision was influenced by several factors, including a disagreement over CEO Elon Musk's compensation package. Stichting Pensioenfonds ABP spokesperson stated on Sunday that the fund had issues with Musk's pay package. The decision to divest was also influenced by considerations of costs, returns, and responsible investment requirements. The Dutch newspaper Het Financieele Dagblad originally reported...

January 13, 2025

News, SliderEurope, Investment, Pension Management

08JanJanuary 8, 2025

Japan’s GPIF-commissioned report finds gaps in infrastructure assets data

Fund managers’ current data reporting practices for infrastructure assets do not provide Japan’s Government Pension Investment Fund and other asset owners with adequate information to measure fair value and manage risks in their portfolios, a report commissioned by the pension fund found. Tokyo-based GPIF had ¥252.86 trillion ($1.61 trillion) in assets as of Sept. 30. Money managers that follow ethical guidance under the Global Investment Performance Standards are expected to provide “a full and fair disclosure of their performance,” but research...

January 8, 2025

News, SliderJapan, Pension Management, Regulation

January 2025