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...The Treasury said it was working “constructively with relevant partners, including the FCA, on pension fund policy”....
...Pension funds and other investors in the US are increasingly wary of investing in China....
...But as higher interest rates improved pension scheme funding levels, prompting a record £50bn of corporate pension deals last year, some UK life insurers have passed on portions of these pension scheme assets...
...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....
...At the same event, the Pensions and Lifetime Savings Association, which represents the UK’s £1tn pensions sector, said the government should not tell pension funds how to invest....
...The announcement comes after nearly 100 Canadian executives signed an open letter in March urging pension funds to raise their domestic investments....
...The damage was particularly acute in LDI pooled funds, which are managed for mainly smaller pension funds....
...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....
...Chancellor Jeremy Hunt has not ruled out further action to stimulate more investment by pension funds in the UK....
...Pension funds are the answer to the UK’s economic stagnation — so say ministers, policy experts and just about everyone else....
...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,...
...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....
...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....
...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....
...University leaders in England have warned that a sharp increase in employer pension contributions next year will result in deep cuts to student welfare support and make it harder to recruit staff....
...The City of London Corporation, which has collaborated with the government to channel long-term capital from pension funds into UK companies, said the chancellor’s new pension measures would “turn the dial...
...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....
...He added that in April the government would go further by uprating benefits and pensions and extending its household support fund....
...“Pension funds use leverage to manage cash flow and manage portfolios more efficiently,” said James Lewis, chief investment officer at the UK arm of Mercer, which advises pension funds....
...Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time....
...BP is set to book a $700mn windfall due to tax changes aimed at boosting corporate pension fund investment in the economy....
...The “pot for life” proposals come alongside a broader push by the government to increase pension fund investment into areas that could help the economy, such as early-stage companies and infrastructure....
...A saver in the largest UK pension funds can expect annual fees of about 0.4 to 0.5 per cent....
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