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...coalition of labour unions representing a majority of workers invested in Calpers, alongside environmental groups in California, this week called on the pension fund as well as Calstrs, the state teachers’ retirement...
...The Royal Society’s decision not to call out the industry was described as “moral cowardice” by James Dyke, earth system science professor at Exeter university....
...Hugh Alexander, the FT chess correspondent for more than a decade, was a leading figure at Bletchley Park, and after the war continued as head of cryptanalysis at GCHQ until his retirement in 1971....
...To make such a world work, we will have to reorganise education, work, pensions, welfare states and health systems....
Giant retirement scheme delays publication of 2023 climate report after discovering major data issues
...Jane Mann Managing Director, Cambridge Partnership for Education Cambridge, UK...
...The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement...
...One day after April Fools’, the $495bn California Public Employees’ Retirement System has announced that another sucker has decided to subject themselves to what might be the worst job in the entire global...
...The California Public Employees’ Retirement System has named a former top executive at the New Zealand sovereign wealth fund to direct the largest US public pension plan’s investments following the abrupt...
...Fink’s letter raised issues more than it suggested concrete solutions, but he wrote that Japan had found ways to encourage people to stay in work longer and that Australia’s national retirement savings system...
...State Street Global Advisors developed a new product for the $32bn University of California retirement system aimed at this issue....
...“This has already put pressure on the transport system in and around the city and more far-off homes will only make this worse.” Then there is the issue of water supply....
Past performance does not guarantee . . .
...The portfolio shake-up, which was confirmed after a scheduled asset allocation review, will bring the California-based plan into line with other big retirement systems in the US, including Calstrs, which...
...Between 2020 and mid-2022, DWP and MaPS “made progress” in delivering important elements of the pensions dashboards system, said the report....
...The Texas Retirement System incorporated leverage within its individual asset allocations in 2019 to improve the “risk return profile” of the fund....
...Britain’s £1.4tn DB retirement system serves about 10mn retired and current private-sector employees....
...Coming into effect on April 6 2024, the move was welcomed by pension holders with larger funds, but experts said a corresponding decision to cap the amount that can be taken tax free from a retirement fund...
...She said that “focusing the pension system on value rather than cost alone will be hugely beneficial for savers.”...
...PensionBee, a pension consolidator, was one of the few pension providers to express public support for a system shake-up....
...The present value of pension entitlements under current social insurance systems are in the same ballpark. Challenges facing aging societies are manifold....
...Darktrace claims that by using generative AI, its systems can learn continuously and “help transform security operations to a state of proactive cyber resilience”....
...A shrinking natural population requires accepting either “more immigration, higher taxes, worse public services or a higher retirement age”, he said....
...Breyer will soon head back to Cambridge, Massachusetts, where he is now based, as he has returned to teaching at Harvard Law School, his alma mater....
...Now the BoE plans to stress test insurers on their exposure to reinsurers through a flurry of corporate pension deals, as concerns mount about the risk posed by offshore arrangements to UK retirement savers...
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