Regulation Archives - Page 51 of 67 - Pension Policy International

19AprApril 19, 2021

Ireland. Government in bid to resolve pensions dispute in community employment sector

The Government is set to table new proposals to resolve a long -running dispute over access to pensions for hundreds of community employment scheme supervisors. Minister for Public Expenditure Michael McGrath and Minister for Social Protection Heather Humphreys informed Government politicians that they had agreed on measures to deal with the issue. They told Government TDs and senators on Saturday that the Department of Social Protection would provide details to trade unions in the coming days. The proposal is expected to involve...

April 19, 2021

News, SliderIreland, Public Pensions, Regulation

15AprApril 15, 2021

The Macro Challenges of Population Aging

A new paper jointly released today by The Concord Coalition and the Global Aging Institute (GAI) warns that the aging of the U.S. population not only threatens to overwhelm the budget, but could also usher in a future of permanently slower economic growth and diminished geopolitical stature. The paper, entitled The Macro Challenges of Population Aging, is the fifth in a series of issue briefs on the aging of America called The Shape of Things to Come. Read also Spain....

April 15, 2021

News, Slider2021, COVID-19, DC schemes, Regulation, US

14AprApril 14, 2021

US. Florida Senate Passes Bill to Move Most State Workers to DC Plan

The Florida state Senate has passed a bill that would eliminate the option for nearly all new state employees to participate in a defined benefit (DB) plan, instead requiring them to join a defined contribution (DC) plan. Read also New York pension fund divests $7 million from Canadian oil sands firms The bill, which was sponsored by Republican Sen. Ray Rodrigues, would require new hires as of July 1, 2022, to enroll in a 401(k)-style investment plan. Employees are currently given...

April 14, 2021

News, Slider2021, COVID-19, DC schemes, Regulation, US

09AprApril 9, 2021

The U.K.’s policy on overseas pensions is costing Canadian taxpayers

"This is not a party matter," said Ian Andexser of Nanaimo, B.C., who heads the Canadian Alliance of British Pensioners. "This is a snub to Canada." And across the pond in England, Conservative MP Sir Roger Gale has come to the same conclusion: the government of which he is a member has acted "in very bad faith indeed" toward Canada. The matter angering both individuals is a British government policy that excludes U.K. pensioners who live mostly in Canada and Australia...

April 9, 2021

News, SliderCanada, Pension design, Regulation, UK

08AprApril 8, 2021

Defined Contribution trust-based pension schemes research Report of findings on the 2020 survey

By Pensions Regulator, OMB Research This report summarises results from The Pensions Regulator’s (TPR’s) annualn survey of trust-based occupational defined contribution (DC) pension schemes1, carried out between January and March 2020. The survey was conducted by OMB Research, an independent market research agency, on behalf of TPR. Get the book here

April 8, 2021

Books, Pension Management, ReportsESG, Governance, Regulation, UK 2021

07AprApril 7, 2021

UK pensions regulator warns pension schemes on climate disclosures

Britain's pensions regulator will consider enforcement action against pension schemes who do not make mandatory climate risk disclosures, it said on Wednesday. Read also Climate change worse than pandemic: UK regulator The Pensions Regulator said it was calling on scheme trustees to protect pensions savers from climate risk, ahead of proposed regulations requiring trustees of larger schemes to keep track of their climate change exposure. Read also UK. Pension communications ‘failing to engage’ more women than men “Where we do not see schemes...

April 7, 2021

News, Slider2021, COVID-19, ESG, Regulation, UK

30MarMarch 30, 2021

Lebanon crisis robs pensioners of cash cushions

Samir Merhi returned to Lebanon in 2009, hoping the fortune he made abroad would let him retire comfortably at home, but the country's economic crisis has upended his dreams and forced him to leave again. For four decades, Merhi said he made "millions" working in the fashion and construction industries in Britain and the Gulf, but draconian controls imposed by Lebanese banks have trapped his life savings. Speaking in a hotel in Beirut's commercial district of Hamra, Merhi said he was...

March 30, 2021

News, Slider2021, Lebanon, Regulation

29MarMarch 29, 2021

South African retirement fund guidelines are changing – how will this affect you?

South African retirement savings are governed by the Pensions Fund Act. Within this act, Regulation 28 lays out the maximum percentage of a fund that can be invested in different asset classes. For example, only 30% is permitted to be invested offshore. This aims to force diversification and prevent savers from keeping all their eggs in one asset basket. WHAT ARE THE PROPOSED REGULATION 28 CHANGES? The changes mean to make it easier for funds to invest in infrastructure and provide a way...

March 29, 2021

News2021, Africa, Regulation, South Africa

23MarMarch 23, 2021

ESG Disclosure Rules From Europe Challenge U.S. Fund Managers

Scores of U.S. fund managers are being forced to comply with sweeping new European rules on climate and other sustainable-finance issues, requiring them to disclose the potential harm their investments could do to the environment and society. Fund companies including Vanguard Group, BlackRock Inc. and State Street Corp. that sell investment products in the European Union come under the new rules that took effect this month, though details are still being finalized. “There are many issues to be resolved, it is...

March 23, 2021

News, Slider2021, COVID-19, ESG, EU, Regulation, US

23MarMarch 23, 2021

US. Small employers have new federal incentives to offer worker retirement benefits

There has been a dizzying array of major legislative programs passed by Congress over the last few years that have impacted small and midsize businesses, particularly in response to the coronavirus pandemic. But one that seems to have gone under the radar — perhaps because it was passed pre-pandemic in Dec. 2019, and went into effect Jan. 1, 2020 — is the Setting Every Community Up for Retirement Enhancement, or SECURE Act, which tries to help more American workers save...

March 23, 2021

News, Slider2021, COVID-19, Regulation, US

April 2021

Ireland. Government in bid to resolve pensions dispute in community employment sector

The Macro Challenges of Population Aging

US. Florida Senate Passes Bill to Move Most State Workers to DC Plan

The U.K.’s policy on overseas pensions is costing Canadian taxpayers

Defined Contribution trust-based pension schemes research Report of findings on the 2020 survey

UK pensions regulator warns pension schemes on climate disclosures

March 2021

Lebanon crisis robs pensioners of cash cushions

South African retirement fund guidelines are changing – how will this affect you?

ESG Disclosure Rules From Europe Challenge U.S. Fund Managers

US. Small employers have new federal incentives to offer worker retirement benefits