Viewing entries tagged with 'Pensions'

The Bill for HIdden Private Equity Fees: $4bn

17 April 2017

Institutional Investor: As public pension plans in the U.S. increasingly invest in private equity and other alternatives, funds may be paying more than $4 billion annually in unreported fees, according to Pew Charitable Trusts. More>  

Green paper warns on UK pensions regulation

24 February 2017

Financial Times: The UK government has resisted calls to force companies to obtain clearance from the pensions regulator before doing corporate deals, as it unveiled proposals to sustain the £1.5tn final salary pensions sector. More>

Push for NZ Super portability

24 February 2017

Radio New Zealand: The New Zealand Foreign Minister Murray McCully says he will push for a further relaxation of the rules on pension portability for Cook Islanders. More>

UK pension freedom rules warning

10 February 2017

Morningstar: Since the new pension freedom rules were introduced – in April 2015 – almost half a million people have opted to take flexible payments from their pensions. But new research from pension provider Aegon, warns that many are taking unsustainable levels of income, which increases the risk of people outliving their pension funds. More>

Aussie Super and death benefits

10 February 2017

Lexology: It is clear that from 1 July 2017, the new Australian Super rules will have a number of implications on the way superannuation death benefits can be distributed to beneficiaries. This article summarises the key changes and explores possible solutions to work around potential issues. More>

Brussels races to amend rules that hurt pensions industry

23 January 2017

Financial Times: Brussels is seeking to defuse a regulatory time-bomb facing Europe’s pensions as the retirement industry warns that EU derivatives rules scheduled for 2018 could cost savers billions. More>

Thousands of protesters rally in Taipei against pension reforms

23 January 2017

Focus Taiwan: Tens of thousands of protesters staged a sit-in protest on Ketagalan Boulevard in Taipei on Sunday amid a pension reform conference that was held at the Presidential Office.  More>

UK pension transfer surge

6 January 2017

FTAdviser: Advisers in the UK have reported a 21 per cent surge in inquiries from people looking to move their UK defined benefit pensions overseas ahead of the imminent triggering of Article 50. More>

'Property a better bet than pensions', says Bank of England chief economist

31 August 2016

Property is a better option for funding retirement than a pension, the Bank of England's chief economist has claimed. Andy Haldane made the comment despite having a gold-plated guaranteed pension which will pay him nearly £84,000 (NZD$152,400) a year.  More>