Hints and tips:
Related Special Reports
...The Pensions Regulator then issued guidance saying a transfer to a superfund should only be considered if a scheme has no realistic prospect of a buyout in the “foreseeable future”....
...A spokesperson for the BP pension trustees said they had a duty to “continually review and assess all investment options to manage the security of the fund and members’ benefits”, adding that “such options...
...“Frankly, there’s no reason why any of the pension funds here should say ‘oh, I’ve got to invest in the UK’....
...“There’s no question that the primary purpose of [pensions] is to deliver in the members’ best financial interests,” Young said....
...“I am not sure that it is the role of the government to tell trustees where they place their money,” he said, when was asked whether he thought governments should compel pension funds to invest to help meet...
...Pension funds can use this to get access to gilts to hedge against movements in the value of their liabilities....
...Today that takes an average of 10 years. It is no surprise that those who contribute the bulk of pension savings in the US — the trade unions — are fully behind this New York State bill....
...BlackRock’s LifePath Paycheck, which rolls out in April, also combines target date funds with annuities, but the guaranteed payments can start sooner, allowing participants to keep the rest of their pension...
...Weingarten: There are times as an AFT trustee, when you’re sitting on the board of a pension fund and you see $4bn in front of you and you have to make an investment decision. Wow....
...He put it into the Portman Pension Scheme, one of a group of vehicles known as the “Ark funds”....
...The Pension Protection Fund’s Purple Book — the UK’s almanack of private sector defined benefit pensions — dropped on Wednesday....
...Since 2015, the European Commission has been developing the capital markets union — our plan for a single market for capital, building on the success of the single market....
...IFM, which invests in private markets on behalf of 17 Australian pension funds, has more than £111bn under management. “The UK has no such investment vehicle — but it needs one,” says McClymont....
...It added that Teamsters bosses “would rather see Yellow destroyed than be perceived as weak in negotiations”. The union denies this. In 2022, Yellow achieved revenue of $5bn and ebitda of $343mn....
...Fund analysis....
...Today, pension trustees — and I am the chair of a small scheme — have no incentive to hold more equities. Our job is to protect pension promises....
...The Belgian government agreed last July to bring in changes to its pension system to pave the way for the release of funds that would go towards projects including Princess Elisabeth Island....
...Most often these come from the “Bank of Mum and Dad”. The difficulty is that there is no legislation for the treatment of soft loans within a financial agreement....
...UK pension fund trustees must consider increasing the range of their investments, including in start-ups or other illiquid assets, or face “robust” intervention, the British regulator has warned....
...The SEC’s investor advisory committee were meeting to discuss the consequences of amending US shareholder voting rules, after big pension funds such as the behemoth Calpers had pushed for changes to give...
...This method of donating is desirable as donors do not pay income tax on the funds donated and there is no cap on the tax benefit individuals can gain....
...The aggregate surplus of the 5,000-odd schemes monitored by the Pension Protection Fund was £441.1bn at the end of August. That compares with a collective deficit of £132bn in 2020....
...“As comptroller Hegar has pointed out in correspondence with these pensions and other funds, every effort should be made to comply with the spirit of the law and the will of the legislature who sought to...
...So those workers are part of a larger union in the US called the Teamsters, which are historically workers that work in warehouses or are like freight drivers....
...Lastly, the New York proposal will indeed harm the very countries it is intended to help: any arbitrary dictating to investors — these include pension funds and insurers — about the amount of writedown on...
International Edition