Hints and tips:
...The trustees of the schemes did not respond to requests for comment. UKAR has gradually been selling the assets of B&B and Northern Rock to the private sector....
...The group would use mutuality as a pitch to pension trustees, chief executive Barry O’Dwyer told me....
...responsible for about $250bn of investments across five pension funds....
...A number of banks, insurers and financial institutions offer pension funds under the Hong Kong government’s Mandatory Provident Fund retirement saving system, including Manulife, Invesco, Fidelity and HSBC...
...Post pension funds....
...facing pension funds It was not the most festive of Christmas cards....
...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...
...The Pension Protection Fund’s Purple Book — the UK’s almanack of private sector defined benefit pensions — dropped on Wednesday....
...What began as a political stunt by Texas governor Greg Abbott to call the bluff of “sanctuary city” northern Democrats has almost overwhelmed cities such as New York and Chicago....
...The scrapping last month of the northern sections of HS2 has triggered concerns about policy uncertainty around such long-term projects among pension trustees, who are being asked to consider tying up cash...
...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....
...But because of its size the fund has a higher allocation to so-called productive finance assets than most “closed” corporate DB schemes, where the rules have encouraged the trustees to invest in low-risk...
...The scrapping of the northern sections of HS2 has triggered concerns among pension trustees about investing in long-term projects like infrastructure....
...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....
...Pensions trustees need a compelling reason to put members into a riskier regime, rather than continue working towards buyout — the most obvious one being the distress or likely insolvency of a sponsor that...
...Hunt is not proposing to mandate pension fund trustees on where they should invest their money....
...The immutable right of pension trustees to invest as they see best on behalf of their members runs through this debate....
...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....
...Today, the interests of the 10.1mn members of private sector DB schemes are overseen by about 5,200 boards of trustees, their advisers and their managers....
...The UK government will relax rules shielding tens of millions of UK retirement savers from high charges as it aims to channel billions of pounds of pension fund cash into longer-term investments such as...
...The rise of professional trustees at UK pension schemes is also thought to provide some ballast to the dominance of consultant advice....
...Mark’s pension contributions, of around £44,000, were refunded to Claire, while around £165,000 of the fund was returned to the employer....
...But even in the private pension market they remain sizeable. The DB pension scheme market is some £1.5tn, according to David Fogarty of consultancy Dalriada Trustees....
...Last week, the heads of the Financial Conduct Authority and The Pensions Regulator conceded to a House of Lords committee that they had not been paying sufficient attention to the use of LDI by pension funds...
...UK defined-benefit pension funds were the first to suffer because of bad decisions....
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