Hints and tips:
Related Special Reports
...Many workers wish for the simplicity of a pension that does not run out: 73 per cent of workers surveyed last year by insurer Nationwide said they wished their 401k plan had a lifetime income option....
...As a signal of the required change in approach, it recommended that TPR’s objective to safeguard the Pension Protection Fund, the industry lifeboat, be replaced with a new objective to protect future, as...
...Pension experts agree that in general, DB plans produce better outcomes for workers because the funds are professionally managed and can balance long-lived workers with early deaths, while individual 401k...
...Employers are not obliged to pay into a pension plan chosen by their workers....
...These are risks that every private pension scheme and sovereign wealth fund faces today. But for these risks, such funds have been rewarded over long-term horizons....
...Private equity executives need to “share the wealth” they create with workers at the companies they buy, according to the investment head of Calstrs, the giant US pension fund that is one of the world’s...
...Workers are expected to transition gradually from Fund A to Fund E as they age, depending on their risk tolerance....
...Lawmakers narrowly rejected Boric’s plan for that 6 per cent to be split evenly between workers’ individual accounts and a solidarity fund to top up smaller pensions today and in future....
...Chile’s pension system, in which workers’ pay into individual accounts managed exclusively by private investment funds, forms the backbone of thriving capital markets, but it has been criticised for the...
...While auto-enrolment has been a success in encouraging more than 10mn workers to start investing (the majority in plain vanilla “default” funds), this “hands-off” mentality cannot persist when we come to...
...More than half of BlackRock’s $10tn in assets under management are retirement savings, including institutional pension funds, corporate defined contribution plans known as 401(k)s and individual accounts...
...But unlike many workers around the world, St Anne feels confident about her financial future, being a member of one of the world’s best-performing pension funds....
...Currently, employers are not obliged to pay employee pension contributions into a scheme chosen by the worker....
...Hunt will also announce a new “growth fund” to be established within the British Business Bank to help facilitate investment by UK pension funds into high-growth start-ups....
...The Pension Protection Fund’s Purple Book — the UK’s almanack of private sector defined benefit pensions — dropped on Wednesday....
...The performance of ‘default funds’ that giant UK pension providers shoehorn the vast majority of our money into varies widely....
...Pension funds would likely compete for top earners with more retirement savings....
...For personal retirement savers, the chancellor also confirmed plans to consult on sweeping changes to the pension market, to give workers the right to choose their own workplace pension fund....
...Back in November 2022 these investors — including Trillium Asset Management, the New York City Retirement System and the Greater Manchester Pension Fund — had filed a shareholder proposal that would have...
...Under the proposals, regulators will be given powers to stop poorly performing retirement funds from taking on new workplace pension business....
...Europe’s third-largest pension fund has sold €2.8bn of its holdings in oil groups including Shell, BP and TotalEnergies because they were not doing enough to produce credible plans for the clean energy transition...
...A quarter of older workers are using their tax-free pension lump sum to pay off loans, according to a survey, which highlights how the growing burden of debt is weighing on UK pensions savings....
...The business was purchased in 2018 by Blackstone Core Equity Partners, a long-hold buyout fund whose investors included Canada Pension Plan, NY State Common Retirement Fund, North Carolina Retirement Systems...
...“If workers’ pension contributions were channelled into investments that give them better returns and boost the UK economy, it could be a win-win,” it added....
...“In total, this could lift their retirement funds at age 68 (their expected state pension age) by £150,000 (£55,700 in today’s money).”...
International Edition