Hints and tips:
Related Special Reports
...One example is the $137bn New York State Teachers’ Retirement System, which sold 34 private equity holdings with $3.5bn in total commitments on the secondary market at the end of last year....
...Retirement-focused investors have poured more than $20bn into US exchange traded funds that cap gains but limit losses over the past two years, posing a competitive challenge to established offerings from...
...The California Public Employees’ Retirement System has named a former top executive at the New Zealand sovereign wealth fund to direct the largest US public pension plan’s investments following the abrupt...
...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...
...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...
...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 median Gen X household has just $40,000 saved for retirement, and 40 per cent of all 401k accounts have a zero balance, according to the National Institute on Retirement Security....
...The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement...
...the fund and notes from its board meeting....
...Related: Bond fund giant Pimco told the FT it was holding a smaller than usual position in US Treasuries and preferred the bonds of countries such as the UK and Canada. 2....
...A person aged 65 has a life expectancy of about 20 years, according to the Office for National Statistics....
...A particular issue at retirement is that there’s a big temptation simply to cash in each individual pot, rather than taking the effort to combine them all and run them on through your retirement....
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
...At least eight very large US public pension funds are using borrowed cash or other leverage strategies, now that the board of Calstrs, one of the largest US retirement funds, this month voted to allow the...
...After the Depression, Congress gave the structure the national stamp of approval with a 1940 funds law that remains the template for US retail investment funds today....
...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...
...Chancellor Jeremy Hunt on Saturday announced measures aimed at improving returns for millions of retirement savers by forcing pension funds to publish data comparing their performance to rivals, a requirement...
...after exhaustion of the fund”, the argument says....
...The bet investors make, then, is that the extra return from the leverage will outweigh the private equity funds’ fees....
...Older investors also favoured more volatile emerging market funds, such as the Jupiter India fund, on the back of the country’s strong economic growth....
...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...
...As part of the company’s succession planning, Ruffer restructured its business last year, noting at the time that it was preparing for the eventual retirement of its founder....
...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....
...The Sacramento-based pension fund on Tuesday said it picked Stephen Gilmore, a former chief investment officer of the New Zealand Superannuation Fund, as the new CIO of the largest US public pension fund...
...Any discussion about how to attract more investment into UK infrastructure, start-ups or equities now involves Britons’ retirement savings....
International Edition