Hints and tips:
Related Special Reports
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...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...
...Millions of Americans are at risk of running out of savings in retirement,” said Catherine Collinson, president of the non-profit Transamerica Center for Retirement Studies....
...Poorly performing pension plans will be banned from taking on new business as part of a major shake-up of Britain’s £120bn workplace retirement market, under government plans unveiled ahead of next week’...
...Unifying a person’s multiple schemes in a sensible reform of UK pensions offers the best chance of tackling the retirement under-saving crisis. The author is a partner at pension consultants LCP....
...Fink described the mismatch between what Americans were saving and what they would need for retirement as “a problem so big and urgent that government and corporate leaders [need to] stop business as usual...
...These are part of chancellor Jeremy Hunt’s efforts to stimulate the economy by unlocking billions of pounds of retirement savings to invest domestically....
...This Asian savings glut was then supplemented by Japan, where an ageing population meant lower investment opportunities and higher savings as baby boomers approached retirement....
...Investment Corporation....
...But there are reasons to doubt it, from shifts in the balance of savings and investment to higher levels of government debt....
...Hunt also announced that the government would also launch a new “British savings bond”, offered through National Savings & Investment....
...demand for the publicly funded corporation....
...Today schemes like the Ontario Teachers’ Pension Plan rank among the largest and most sophisticated institutional investors in the world....
...For many clients, he says, the interest earned from an investment in an individual savings account (Isa) will be greater than the saving the same money would generate if deployed to pay down a mortgage....
...The remaining 75 per cent of the pot can then be moved to a drawdown plan, used to buy an annuity or taken as cash....
...If you’re approaching retirement age, your “pension journey could” last 20-30 years or more, so further changes to the rules are inevitable....
...The party estimates its reforms could enable an average saver to earn an extra £21,000 to £37,000 in retirement income....
...Furthermore, mutual funds remain the top vehicle for US workers who are saving for future retirement....
...The larger pensions annual allowance of £60,000 gives readers more scope to cut their tax bills and boost their retirement prospects....
...Instead, the employer chooses a retirement plan on behalf of the workforce....
...large proportion of people either saving for retirement or living off of fixed incomes in retirement....
..., and reduce exposure to these risks for retail investors and other Americans saving for retirement”, according to a statement from the lawmakers....
...One initiative encourages households to invest their savings by expanding the investment limits and scope of Japan’s tax-free savings accounts....
...Institutional investors that sided with the activist proposals include Norway’s sovereign wealth fund, the Canada Pension Plan Investment Board, California Public Employees’ Retirement System and the California...
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
International Edition