Hints and tips:
Related Special Reports
...“I wouldn’t say it’s halfway house, I’d say it’s a journey,” he said, adding, “you could not find a better encapsulation of rentier economics” than the investment managers and pension funds who own freeholds...
...Thames Water’s shareholders, including pension funds Omers and USS as well as the Chinese and Abu Dhabi sovereign wealth funds, last month said that conditions imposed by Ofwat had made the company “uninvestable...
...The Local Government Pension Scheme has more than 6mn members. If it were a single fund, it would rank among the top 10 biggest in the world, with more than £365bn of assets....
...In a move that will increase pressure over funds with significant allocations offshore, the chancellor confirmed he would introduce a new requirement on defined contribution pension funds, and local authority...
...Funds such as the Pension Protection Fund, the UK’s £32bn-in-assets retirement scheme lifeboat, and Border to Coast Pensions Partnership, a £60bn local authority pool, are among those looking for bargains...
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
...There are always a lot of different interests to manage at the top of a pension plan, but the psychodrama between the board, plan members, the investment staff, the media, and local, regional and national...
...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....
...Countries around the world are struggling to fund old age benefits as longevity increases, but the US has a particularly acute problem, as more than 4.1mn Americans retire annually — or a predicted 11,200...
...The average top 200 US corporate pension fund now has 105 per cent of the assets needed to fund its benefits, the highest ratio in 15 years, according to BlackRock, which has urged its corporate pension...
...Almost all of the UK’s 5,200 “final salary” style company pension plans will see a cut in their insurance payments to an industry lifeboat fund, following confirmation the levy will halve next year....
...Built up with a former employer, a statement from June 2021 said it was worth nearly £200,000....
...Almost all of the UK’s 5,200 “final salary” style company pension plans will see a cut in compulsory payments to the industry lifeboat fund next year....
...Huge pension funds in Canada and Australia have been held out as examples that UK schemes could follow to improve returns....
...Booth wrote to FT Money after appeals to his local MP and other policymakers to intervene over his pension woes prompted a “disappointing” response....
...The $13.3bn in withdrawals includes last week’s announcement by the Texas Permanent School Fund that it would pull $8.5bn at the end of April, the largest removal to date by Republican-run pension funds....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...In a move aimed at stimulating economic growth, Hunt confirmed plans to introduce a new requirement on “defined contribution” and local authority pension funds to disclose their allocations to UK and international...
...Among larger investors, Swedish pension funds have long owned domestic equities....
...Four public pension plans with more than $4bn allocated to China-focused private equity funds told the Financial Times they were ready to delay redemptions from investments nearing the end of 10-year lifespans...
...There appears to be no circumstances where local authority pension benefits are reduced....
...US pensions: IBM’s decision to reinstate its defined benefit scheme makes good business sense, writes Brooke Masters. Other companies should follow....
...The government confirmed it would revise guidance governing the £360bn Local Government Pension Scheme (LGPS), which is administered by 86 town hall pension funds, so more cash is directed towards UK start-ups...
...They include proposals from the Tony Blair Institute for Global Change to consolidate the UK’s defined benefit and local government pension schemes into £300bn-£400bn megafunds managed by the Pension Protection...
...Yet when you look at flows, even half that amount would help reverse the estimated £14bn withdrawn from UK equity funds last year or boost the £9bn or so in annual flows by UK pension funds into UK equities...
International Edition