Managers of Wealth - Pensions http://pension-managers.com/ Wed, 17 Jul 2019 09:56:43 BST part of MediaG8way Group http://pension-managers.com/ http://pension-managers.com/assets/images/logo.png Managers of Wealth - Pensions KohanaPHP Thailand's pension industry assets up 3.54% in January-May as contributors increase News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51933/thailandamp039s-pension-industry-assets-up-354-in-january-may-as-contributors-increase Contributors can channel between 2% and 15% of their monthly salaries to their pension accounts, which is matched by employers. Pensions PFS challenges 'alarming' FCA DB transfer data News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51927/pfs-challenges-amp039alarmingamp039-fca-db-transfer-data Keith Richards, chief executive of the Personal Finance Society, said data obtained from a PFS member firm was in contrast to the FCA’s recent findings Pensions Taiwan’s universal retirement trial plan to launch on July 31 News Aggregation Team Friday, July 12, 2019 1:00 am http://pension-managers.com/article/51892/taiwanamprsquos-universal-retirement-trial-plan-to-launch-on-july-31 There are nine funds available – six target risk funds and three target date funds. Pensions Manx workers and businesses consulted on compulsory pensions News Aggregation Team Friday, July 12, 2019 1:00 am http://pension-managers.com/article/51902/manx-workers-and-businesses-consulted-on-compulsory-pensions A new Manx state pension introduced in April will see pensioners who have made 35 years of National Insurance contributions receive a weekly allowance of £184 Pensions Pensions in Germany will be 100 percent taxable by 2040 News Aggregation Team Friday, July 12, 2019 1:00 am http://pension-managers.com/article/51905/pensions-in-germany-will-be-100-percent-taxable-by-2040 According to official figures from Destatis, the Federal Statistical Office, in 2015 around 21,2 million people in Germany were receiving either a statutory, private or company pension (or a mixture of all three). Of these, 27 percent - some 5,8 million p Pensions Canada's public pension fund denies moral outrage led to private-prison divestment News Aggregation Team Thursday, July 11, 2019 1:00 am http://pension-managers.com/article/51879/canadaamp039s-public-pension-fund-denies-moral-outrage-led-to-private-prison-divestment Most workers in Canada outside Quebec who are over the age of 18 must contribute to the pension plan, which held roughly $10 million in stock in the two companies, according to the Guardian, as of December 2018 Pensions ATP selects BNY Mellon for asset servicing News Aggregation Team Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51824/atp-selects-bny-mellon-for-asset-servicing He added: “The appointment underscores BNY Mellon’s strong commitment to the Danish and wider Nordic market, and demonstrates the depth and breadth of our experience and technological infrastructure to meet the needs of large, sophisticated pe Pensions SJP and pension fund push Impax assets past £14bn News Aggregation Team Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51827/sjp-and-pension-fund-push-impax-assets-past-amppound14bn ‘The valuation remains high but we still see value’ Pensions London pension firm to open first overseas base in US News Aggregation Team Thursday, June 27, 2019 1:00 am http://pension-managers.com/article/51689/london-pension-firm-to-open-first-overseas-base-in-us Will Wynne, co-founder and MD of Smart Pension, said: “Chicago is an ideal base for our first step into the US market, with its excellent connectivity back to the UK, and also with our strategic partners in the US. Pensions Optimum teams up with German pension fund for New York residential project News Aggregation Team Wednesday, June 26, 2019 1:00 am http://pension-managers.com/article/51664/optimum-teams-up-with-german-pension-fund-for-new-york-residential-project Optimum said it plans to sell the completed condominium units, over a three-year period. Pensions Sony and Michelin hire IFAs for DB transfers News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51932/sony-and-michelin-hire-ifas-for-db-transfers The decision to provide free advice was made by the company and the scheme trustees. Executive Moves Ontario Teachers names next president, CEO News Aggregation Team Wednesday, July 10, 2019 1:00 am http://pension-managers.com/article/51857/ontario-teachers-names-next-president-ceo There is currently no additional information on whether Mr. Taylor would continue to lead global development, but “there will be conversations on how that goes (moving) forward,” a spokeswoman for OTPP said Tuesday. Executive Moves AXA appoints new group chief risk officer from Goldman Sachs Mitzi Limlengco Wednesday, July 10, 2019 1:00 am http://pension-managers.com/article/51863/axa-appoints-new-group-chief-risk-officer-from-goldman-sachs Baker will join the AXA UK and Ireland Management Committee, replacing outgoing CRO Evan Waks. Executive Moves Katya Maclean appointed interim Guardian CEO Ana Hall Wednesday, July 10, 2019 1:00 am http://pension-managers.com/article/51870/katya-maclean-appointed-interim-guardian-ceo ‘Strategic decision’ Executive Moves Standard Life appoints CEO of savings and advice News Aggregation Team Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51820/standard-life-appoints-ceo-of-savings-and-advice Reporting to Standard Life Aberdeen chairman Martin Gilbert, Mr Butwell will oversee the company's wholly owned financial planning and advice business 1825 Executive Moves BNY Mellon Investment Management appoints head of Institutional Sales (Pensions) Department News Aggregation Team Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51825/bny-mellon-investment-management-appoints-head-of-institutional-sales-pensions-department Tanaka brings more than 20 years’ investment industry experience to the role. Executive Moves Mattioli Woods managing director to stand down News Aggregation Team Friday, July 05, 2019 1:00 am http://pension-managers.com/article/51787/mattioli-woods-managing-director-to-stand-down The period from now to the Annual General Meeting will be used “for a considered handover” of Mr Smith’s management responsibilities to the firm’s deputy group managing director, Michael Wright. Executive Moves CEO of £30bn Brunel Pension Partnership resigns News Aggregation Team Friday, July 05, 2019 1:00 am http://pension-managers.com/article/51799/ceo-of-amppound30bn-brunel-pension-partnership-resigns Turner was instrumental in setting up Brunel Executive Moves People moves: PPF creates head of restructuring role News Aggregation Team Thursday, July 04, 2019 1:00 am http://pension-managers.com/article/51782/people-moves-ppf-creates-head-of-restructuring-role Malcolm Weir, the PPF’s director of restructuring and insolvency, said Ridley was joining “at a critical time”, adding that “his experience managing complex and demanding situations will be invaluable when dealing with high profile Executive Moves Meag appoints ODDO BHF sales director News Aggregation Team Wednesday, July 03, 2019 1:00 am http://pension-managers.com/article/51762/meag-appoints-oddo-bhf-sales-director Meag has a presence in Europe, Asia and North America and offers its know-how to institutional investors and private clients. Executive Moves Govt to make changes to all public sector pension schemes News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51961/govt-to-make-changes-to-all-public-sector-pension-schemes But in a ruling handed out in December, the Court of Appeal said that the government discriminated against the two groups on the grounds of age, race and equal pay in relation to changes to their pension. Legal,Regulation & Compliance Regulator hits back over influence on USS valuation News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51938/regulator-hits-back-over-influence-on-uss-valuation UCU, which coordinated walkouts at 65 universities in protest at changes to USS last year, is balloting for further strike action over pay and pensions between September 9 and October 30 this year. Legal,Regulation & Compliance Government rules out reintroduction of Old Pension Scheme News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51940/government-rules-out-reintroduction-of-old-pension-scheme NPS was introduced in 2004 and made mandatory for all Central Government employees. Legal,Regulation & Compliance Russia Inc. Gets Environment Wake-Up Call From Church of England News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51947/russia-inc-gets-environment-wake-up-call-from-church-of-england The environment has found a champion in a country where the president mocks green initiatives and global warming is barely mentioned. Legal,Regulation & Compliance Govt to make changes to all public sector pension schemes News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51952/govt-to-make-changes-to-all-public-sector-pension-schemes The dispute started when in March 2015, the defined benefit pension schemes for judges and firefighters were closed, and the members transferred into a replacement scheme. Legal,Regulation & Compliance Regulator hits back over influence on USS valuation News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51953/regulator-hits-back-over-influence-on-uss-valuation Charles Counsell, TPR’s chief executive, wrote: “We believe our level of engagement is commensurate with USS being the largest private pension scheme in the UK, with a very large membership and significant liabilities and is entirely appropria Legal,Regulation & Compliance Pensioners set to receive cash boost as deeming rates are slashed News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51914/pensioners-set-to-receive-cash-boost-as-deeming-rates-are-slashed The Government said pensioners can expect to see funds in their accounts by September and that payments will be backdated to July 1. Legal,Regulation & Compliance Watered-down rules show regulators aren’t serious about reining in corporates News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51915/watered-down-rules-show-regulators-arenamprsquot-serious-about-reining-in-corporates These documents, in particular the first two, appeared to indicate willingness on the part of regulators to strengthen some of the weaker areas of corporate governance and responsible investment oversight. Legal,Regulation & Compliance Warning! These 3 rules could cut your State Pension News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51918/warning-these-3-rules-could-cut-your-state-pension Under the rules of the new State Pension, those reaching pension age on or after 6 April 2016, need at least 10 years of National Insurance (NI) contributions to qualify for a minimum weekly payment (about £48 a week). Legal,Regulation & Compliance The DWP announces major changes to benefits affecting 300,000 people News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51920/the-dwp-announces-major-changes-to-benefits-affecting-300000-people 'We are committed to ensuring that everyone receives the support they’re entitled to' Legal,Regulation & Compliance Fos takes year to resolve certain complaints News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51936/fos-takes-year-to-resolve-certain-complaints The launch of the portal technology, which is linked to the case-handling system, has also been pushed back to later in 2019/20. FinTech How the blockchain can fix the broken pension system News Aggregation Team Thursday, July 04, 2019 1:00 am http://pension-managers.com/article/51791/how-the-blockchain-can-fix-the-broken-pension-system Distributed ledger technology will help us build a new infrastructure that will secure our retirements FinTech Xplore Wealth launches wrap platform News Aggregation Team Tuesday, July 02, 2019 1:00 am http://pension-managers.com/article/51743/xplore-wealth-launches-wrap-platform The firm said the new platform would complement the firm’s existing managed discretionary account capabilities and support the evolving needs of the firm’s client base. FinTech West Yorkshire Pension Fund chooses Linedata Optima to drive digital transformation Mitzi Limlengco Tuesday, June 25, 2019 1:00 am http://pension-managers.com/article/51645/west-yorkshire-pension-fund-chooses-linedata-optima-to-drive-digital-transformation Growing operational complexity and expanded regulatory requirements are increasing the need for LGPS managers FinTech Legal & General Is Trying Out Blockchain for Its Bulk Annuities News Aggregation Team Friday, June 14, 2019 1:00 am http://pension-managers.com/article/51514/legal-ampamp-general-is-trying-out-blockchain-for-its-bulk-annuities The UK insurer to work with Amazon to cut costs and better store data for future bulk annuity deals. FinTech Legal and General launch pension risk blockchain News Aggregation Team Wednesday, June 12, 2019 1:00 am http://pension-managers.com/article/51458/legal-and-general-launch-pension-risk-blockchain Legal and General had several separate systems that dealt with PRT and created a blockchain system that handles it all. FinTech UK Insurer L&G Using Amazon’s Blockchain Service for Bulk Pensions Deals News Aggregation Team Wednesday, June 12, 2019 1:00 am http://pension-managers.com/article/51477/uk-insurer-lampampg-using-amazonamprsquos-blockchain-service-for-bulk-pensions-deals For now, AWS’ blockchain platform will be used for Legal & General’s bulk annuity business outside the U.K. and the U.S., although it may be expanded to include those markets down the road, a spokesperson for the firm told Reuters. FinTech Mercer Marsh Benefits launches online employee benefits platform for UK SMEs News Aggregation Team Wednesday, June 12, 2019 1:00 am http://pension-managers.com/article/51478/mercer-marsh-benefits-launches-online-employee-benefits-platform-for-uk-smes Mercer's platform is powered by Bob, a HR tech platform that helps high-growth companies engage with their employees and develop their culture. FinTech Increase in pension scam alerts News Aggregation Team Monday, June 10, 2019 1:00 am http://pension-managers.com/article/51433/increase-in-pension-scam-alerts Fortunately, not all turn out to be scams, however it does show there is an increase in warning signs. FinTech Artificial intelligence in banking News Aggregation Team Friday, June 07, 2019 1:00 am http://pension-managers.com/article/51405/artificial-intelligence-in-banking A lever for profitability with limited implementation to date FinTech DB schemes face higher costs due to EU court rulings News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51956/db-schemes-face-higher-costs-due-to-eu-court-rulings The problem for the UK is that the PPF has been designed only to protect a proportion of DB pension rights on an employer’s insolvency. Comment & Analysis Schemes told to tackle GMP transfer issue News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51957/schemes-told-to-tackle-gmp-transfer-issue Due to the ruling final salary scheme members who contracted out are set to receive millions of pounds in back payments Comment & Analysis Steve Webb: Why Young People Should Save Into a Pension News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51963/steve-webb-why-young-people-should-save-into-a-pension Steve Webb, director of policy at Royal London, tells Morningstar senior editor Holly Black why it's never too early to think about retirement Comment & Analysis Cambridge college’s move smashes the consensus on university pension pledges News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51939/cambridge-collegeamprsquos-move-smashes-the-consensus-on-university-pension-pledges Strikes are rare and even the strike-prone railways and airports were relatively peaceful last year. Comment & Analysis NEST anticipates hitting £10bn by end-March 2020 News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51941/nest-anticipates-hitting-amppound10bn-by-end-march-2020 Five years ago it had 347 participating employers and 80,000 members, and £3.8m of assets under management. Comment & Analysis How to Max Out Your 401(k) in 2019 News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51942/how-to-max-out-your-401k-in-2019 Want to max out your 401(k)? Here are a few things to keep in mind. Comment & Analysis DC master trusts most appropriate employer pension scheme News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51945/dc-master-trusts-most-appropriate-employer-pension-scheme As such, digital capability and education is one of the most sought-after features, reflecting wider trends in employee engagement and communication. Comment & Analysis Employer DC scheme contributions rise 40% News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51949/employer-dc-scheme-contributions-rise-40 The average maximum employer and employee combined contributions for FTSE 250 firms increased to a record 14.8 per cent, while in the FTSE 100 this figure reached 17.4 per cent. Comment & Analysis Worried about the State Pension? You could have £13,000 in a ‘lost’ pension News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51916/worried-about-the-state-pension-you-could-have-amppound13000-in-a-amplsquolostamprsquo-pension Most people would say that only the rich could mislay £13,000, but it seems anyone can forget when it comes to pensions,” says Ian Browne, pensions expert at Quilter. Comment & Analysis 1.2m women over 50 have no private pension! Are you and your partner facing pensioner poverty? News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51917/12m-women-over-50-have-no-private-pension-are-you-and-your-partner-facing-pensioner-poverty It’s truly a shock to discover that millions of us are still failing to protect ourselves from having to live on the breadline in our later years. Comment & Analysis More pensioners paying higher rate tax News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51958/more-pensioners-paying-higher-rate-tax The data showed that there has been a 13 per cent increase in the number of pensioners with incomes above £50,000 Tax How can advisers close the wealth transfer generation gap? News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51960/how-can-advisers-close-the-wealth-transfer-generation-gap As in so many other scenarios, when it comes to wealth transfer, communication is key. Tax Young savers could turn to Isas to avoid tax charge News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51934/young-savers-could-turn-to-isas-to-avoid-tax-charge There have been calls from the pensions industry for the government to scrap the LTA as individual face 55 per cent tax bills after exceeding the limit. Tax What assets can be put into an Excluded Property Trust? News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51937/what-assets-can-be-put-into-an-excluded-property-trust This exclusion applies even if the settlor(s) become UK domiciled or deemed domiciled for IHT purposes after the creation of the trust. Tax Inheritance tax: top tips on how to minimise your liability by Carl Drummond, Sanlam Ana Hall Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51950/inheritance-tax-top-tips-on-how-to-minimise-your-liability-by-carl-drummond-sanlam No one wants to think about dying, but it’s important to organise your estate to plan for inheritance tax. Tax UK tax system in need of ‘major reform’ News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51919/uk-tax-system-in-need-of-amplsquomajor-reformamprsquo The report said without raising taxes or borrowing more, the scale or scope of public services will need to shrink Tax How tax relief on pension contributions works - how you could boost your annual allowance News Aggregation Team Wednesday, July 10, 2019 1:00 am http://pension-managers.com/article/51861/how-tax-relief-on-pension-contributions-works-how-you-could-boost-your-annual-allowance The Money Advice Service explains: “If you’re a UK taxpayer, in the tax year 2019-20 the standard rule is that you’ll get tax relief on pension contributions of up to 100 per cent of your earnings or a £40,000 annual allowance, whi Tax KPMG flirts with offloading UK pensions advisory wing News Aggregation Team Tuesday, July 09, 2019 1:00 am http://pension-managers.com/article/51842/kpmg-flirts-with-offloading-uk-pensions-advisory-wing Now, as the international professional services giant continues to evaluate its priorities in the UK, it has been reported that KPMG is considering the sale of its pensions practice. Tax LEBC responds to OTS Inheritance Tax review recommendations Mitzi Limlengco Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51818/lebc-responds-to-ots-inheritance-tax-review-recommendations Responding to the report Kay Ingram, Director of Public Policy at financial planners LEBC says: “Inheritance Tax (IHT) raises only 1% of HMRC revenue. Tax Tax treatment success is 50:50 News Aggregation Team Thursday, July 04, 2019 1:00 am http://pension-managers.com/article/51770/tax-treatment-success-is-5050 Chancellor Philip Hammond prefers to look at the introduction of greater flexibility to the NHS pension scheme to solve the current doctors’ crisis Tax Woodford does not rule out cuts to investment staff News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51955/woodford-does-not-rule-out-cuts-to-investment-staff Investment manager Saku Saha left his employment at Woodford Investment Management earlier this month Investments Pension contributions at FTSE 100 at record high News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51959/pension-contributions-at-ftse-100-at-record-high Nearly two thirds of these (62 per cent) have taken action on their workplace schemes in the past two years, with 33 per cent considering doing so in the next two. Investments Provider backs using pension to fund housing deposit News Aggregation Team Wednesday, July 17, 2019 1:00 am http://pension-managers.com/article/51962/provider-backs-using-pension-to-fund-housing-deposit According to the provider, this would be the equivalent of 3.5m young people increasing their long-term savings level and ensuring a more comfortable retirement. Investments Legal & General shakes up protection News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51935/legal-ampamp-general-shakes-up-protection In recent times, a number of insurers have extended their minimum benefit guarantee for certain NHS workers. Investments Irish pension funds reduce equity exposure News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51944/irish-pension-funds-reduce-equity-exposure Investors are increasingly turning to property and infrastructure (4% increase) and hedge funds (up 6%) in an effort to diversify and attempt to deliver better returns. Investments Editorial: How to Resolve Pension Anxiety News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51948/editorial-how-to-resolve-pension-anxiety Pensions are a major concern for every family and individual. Investments Inmarsat takeover to be reviewed by UK competition watchdog News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51951/inmarsat-takeover-to-be-reviewed-by-uk-competition-watchdog The acquisition would see Inmarsat return to private equity hands. Investments Pension bonus: Are you one of almost a million Australians now $800 better off? News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51913/pension-bonus-are-you-one-of-almost-a-million-australians-now-800-better-off Deeming rates were introduced in 1991 to simplify the federal government's social security income test Investments DC participants move away from extreme investment choices News Aggregation Team Friday, July 12, 2019 1:00 am http://pension-managers.com/article/51893/dc-participants-move-away-from-extreme-investment-choices More balance now seen in investments, mostly due to design changes Investments FSCS pays £4.4m to Active Wealth clients News Aggregation Team Friday, July 12, 2019 1:00 am http://pension-managers.com/article/51895/fscs-pays-amppound44m-to-active-wealth-clients Some 45 claims were unsuccessful, and 96 other are still in progress. Investments 2017 to 2019: How 50 Cities Scored on Supporting Women Entrepreneurs Then to Now Mitzi Limlengco Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51954/2017-to-2019-how-50-cities-scored-on-supporting-women-entrepreneurs-then-to-now Building on annual research since 2010, Dell Technologies ranks cities based on the impact of local policies, programs and characteristics in addition to national laws and customs to help improve support for women entrepreneurs and the overall economy. Research Dan Armeanu, ASF: 92 percent of Pilar II pension funds are financing the local economy News Aggregation Team Monday, July 15, 2019 1:00 am http://pension-managers.com/article/51928/dan-armeanu-asf-92-percent-of-pilar-ii-pension-funds-are-financing-the-local-economy In the first quarter of 2019, 59,800 people were randomly assigned or admitted to a privately managed pension fund, the percentage of people randomly assigned decreasing by about 45 percent compared to December 2018, indicating an increase in interest in Research Universal Credit: what went wrong? (Part 1: the implementation) Ana Hall Sunday, July 14, 2019 1:00 am http://pension-managers.com/article/51910/universal-credit-what-went-wrong-part-1-the-implementation The reform also includes smaller changes to boost employment, such as increasing self-employment start-up periods. Research Record number of UK workers adequately saving for retirement Andro Bautista Thursday, July 11, 2019 1:00 am http://pension-managers.com/article/51880/record-number-of-uk-workers-adequately-saving-for-retirement Despite the increase, 22 per cent of UK adults expect they will never be able to retire, equating to around 8 million people Research UK firms failing to adapt pension strategies to ageing workforce News Aggregation Team Thursday, July 11, 2019 1:00 am http://pension-managers.com/article/51881/uk-firms-failing-to-adapt-pension-strategies-to-ageing-workforce Gareth Pickles, managing director at Capita Employee Solutions, which carried out the research, said there is “a real appetite” for innovative pension solutions Research Women face £106,000 ‘part-time pensions penalty’ in retirement News Aggregation Team Thursday, July 11, 2019 1:00 am http://pension-managers.com/article/51882/women-face-amppound106000-amplsquopart-time-pensions-penaltyamprsquo-in-retirement According to the report, women typically have £51,000 in their pension by the time they reach their 60s, compared to an average man’s £156,500 pension pot Research When Millions Can’t Afford to Retire, the U.S. Needs a Better Option News Aggregation Team Thursday, July 11, 2019 1:00 am http://pension-managers.com/article/51890/when-millions-canamprsquot-afford-to-retire-the-us-needs-a-better-option When tens of millions of people all have the same problem, it’s not a failure of individual initiative. Research Aging population reveals shift in retirement savings News Aggregation Team Tuesday, July 09, 2019 1:00 am http://pension-managers.com/article/51829/aging-population-reveals-shift-in-retirement-savings Individual plans become more popular than pensions as life expectancy increases Research The State Pension is worth nearly £330,000 to today’s retirees Mitzi Limlengco Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51822/the-state-pension-is-worth-nearly-amppound330000-to-todayamprsquos-retirees For many people, the benefits they receive from the state will make up a core part of their retirement income Research When will the Swiss “Pension Paradise” come to an end? News Aggregation Team Wednesday, July 03, 2019 1:00 am http://pension-managers.com/article/51766/when-will-the-swiss-ampldquopension-paradiseamprdquo-come-to-an-end On Tuesday, the Swiss Employers’ Association made an agreement with trade unions to reduce the so-called conversion rate that determines the yearly pension payout. Research Financial thriving, not just surviving News Aggregation Team Tuesday, July 16, 2019 1:00 am http://pension-managers.com/article/51943/financial-thriving-not-just-surviving The political climate has created a sense of paralysis, as people hold off making financial decisions. ESG Companies’ failure to meet climate goals ‘undermines’ pension fund ability manage financial risks News Aggregation Team Thursday, July 11, 2019 1:00 am http://pension-managers.com/article/51886/companiesamprsquo-failure-to-meet-climate-goals-amplsquounderminesamprsquo-pension-fund-ability-manage-financial-risks “The clock is ticking on irreversible climate change. The fact only one in eight of the highest-emitting firms are responding at anywhere near the pace required is an urgent challenge to investors ESG Holding consultants to account on ESG News Aggregation Team Tuesday, July 09, 2019 1:00 am http://pension-managers.com/article/51834/holding-consultants-to-account-on-esg Investment consultants advise on trillions of dollars of assets globally. ESG Impact investing finds its way on lists of more major players News Aggregation Team Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51817/impact-investing-finds-its-way-on-lists-of-more-major-players The real objective is providing capital for enterprises that you believe have a positive function overall." ESG Impact investing finds its way on lists of more major players News Aggregation Team Monday, July 08, 2019 1:00 am http://pension-managers.com/article/51821/impact-investing-finds-its-way-on-lists-of-more-major-players "Institutions now want to have a fairly granular understanding of what they own and how they do it." ESG National Trust announces end to fossil fuel investments to protect environment News Aggregation Team Thursday, July 04, 2019 1:00 am http://pension-managers.com/article/51776/national-trust-announces-end-to-fossil-fuel-investments-to-protect-environment It had already moved to ensure that no investment was made in companies which get more than 10% of their turnover from extracting coal for power stations or oil from oil sands. ESG U.K. proposes mandatory climate reporting for companies, asset owners News Aggregation Team Wednesday, July 03, 2019 1:00 am http://pension-managers.com/article/51755/uk-proposes-mandatory-climate-reporting-for-companies-asset-owners The government wants to align mainstream financial flows from listed companies and asset owners with those that are environmentally sustainable, to redirect capital to green investments in cities, energy systems and land use around the world. ESG World’s top pension fund warns against risk of green-bond ‘fad’ News Aggregation Team Wednesday, July 03, 2019 1:00 am http://pension-managers.com/article/51756/worldamprsquos-top-pension-fund-warns-against-risk-of-green-bond-amplsquofadamprsquo GPIF investment chief not convinced green bonds will break mainstream ESG Aviva launches pension with ESG default funds News Aggregation Team Wednesday, July 03, 2019 1:00 am http://pension-managers.com/article/51758/aviva-launches-pension-with-esg-default-funds The Stewardship lifestyle strategy uses ethical and ESG considerations throughout the growth and consolidation phases ESG Schemes to consider members ESG views when investing News Aggregation Team Friday, June 28, 2019 1:00 am http://pension-managers.com/article/51709/schemes-to-consider-members-esg-views-when-investing Pension schemes with more than 100 members will be forced to disclose the risks of their investments, including the ones arising from ESG, later this year. ESG