Hints and tips:
Related Special Reports
...Led by pension funds and endowments, big investors sold 99 per cent of their private equity holdings at or below their net asset value on the secondary market last year, according to Jefferies, the most...
...did its first transaction last year with a corporate pension plan that was not in the protection fund....
...The Treasury said it was working “constructively with relevant partners, including the FCA, on pension fund policy”....
...To be confident their pension money will last through retirement, a saver has conventionally been told to limit withdrawals to 3-4 per cent of the value of the fund each year....
...The announcement comes after nearly 100 Canadian executives signed an open letter in March urging pension funds to raise their domestic investments....
...The letter said domestic companies make up 4 per cent of Canadian pension funds’ assets, down from 28 per cent at the end of 2000....
...“Government needs to recognise this as an international, globally competitive market,” he told attendees at the Trades Union Congress pension conference in London this week....
...He has also held senior international positions with AIG Financial Products and Morgan Stanley, as well as assignments with the International Monetary Fund and the Reserve Bank of New Zealand....
...Announcing the shake-up, Hunt said: “British pension funds appear to contribute less to the UK economy than international counterparts do as they invest less in our domestic businesses....
...The PPF bought part of a property fund at a 35 per cent discount to net assets from a fellow pension fund this year....
...The government said it would consider taking further action against pension funds that did not raise their allocations to the UK....
...In a statement on Tuesday, the $494bn pension fund said Stephen Gilmore, the former chief investment officer of the NZ$73bn (US$43.5bn) New Zealand Superannuation Fund, would become its new CIO in July,...
...Chancellor Jeremy Hunt has not ruled out further action to stimulate more investment by pension funds in the UK....
...Furthermore, the Department for Work and Pensions will extend the Pension Protection Fund’s mandate to become a public sector consolidator of schemes that are too small for cost-efficient buyouts....
...Pension funds are the answer to the UK’s economic stagnation — so say ministers, policy experts and just about everyone else....
...The damage was particularly acute in LDI pooled funds, which are managed for mainly smaller pension funds....
...It’s distilled into formulas that most of our pensions follow....
...The finance ministry forecasts the size of the fund to reach €200bn by the mid-2030s and returns on investments will enable distributions of €10bn a year to the statutory pension fund from 2036....
...“British pension funds appear to contribute less to the UK economy than international counterparts do as they invest less in our domestic businesses....
...Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time....
...The extent of losses to pension funds in 2022, which equated to a near quarter drop in asset value over the year, was disclosed in a long-awaited report by the Pensions Regulator this week....
...Proposals set out in a consultation document would have the government introduce a measure that would allow pension funds to override any scheme rules preventing or inhibiting access to surplus....
...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....
...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...
International Edition