U.S. institutional pension fund assets totaled $21.7 trillion at the end of 2015, slightly less than the previous year’s record of $22.1 trillion, according to Willis Towers Watson’s (NASDAQ:WLTW) Global Pension Assets Study. Global institutional pension fund assets in 19 major markets weighed in at $35.4 trillion at year-end 2015. […]
Pension
The immoral UK pension policy discriminates against expats
Freezing pensions of British expats is an example of blatant miserly British Government discrimination from a nation which believes in and promotes itself as being fair minded, respecting equality, sound ethics and moral behaviour, writes Jim Tilley. There are 250,000 retirees in Australia all of whom are in receipt of […]
NIGERIAN PENSION FUNDS FINISH STRONG AMIDST MARKET TURMOIL IN 2015
Despite the market turmoil of 2015 arising from the global effect of the melt down in China and the oil glut, pension funds in Nigeria were able to finish the year with strong returns. QFAnalytics analyzed data drawn from a number of pension fund management and administration sources for the […]
Ontario pushes ahead with new government pension plan
Ontario, Canada’s most populous province, said on Tuesday it will push ahead with the launch of a new government pension plan rather than counting on an expansion of the country’s existing federal plan.The Ontario Retirement Pension Plan (ORPP) is set to be introduced in 2017 and is designed to benefit […]
Pension cash spending choices revealed
By Kevin Peachey Personal finance reporter People raiding some or all of their pension pot under reforms introduced in April were most likely to spend it on home improvements. Doing up the house was more popular than big one-off spending on holidays or cars, research has suggested. Overall, those aged […]
Workers panic as states shun Contributory Pension Scheme
Civil servants across many states of the federation are concerned for their lives after retirement as many state governments have stopped contributing towards their pension, IFE ADEDAPO writes The implementation of the Pension Reform Act, 2014 may have come to a dead end as some state governments and workers have […]
Convicted of Corruption, but Still Getting a Pension
By DAVID BUCHWALD IN New York State, both the former Assembly speaker Sheldon Silver and the former Senate majority leader Dean Skelos have recently been tried and convicted on numerous federal charges of corruption. They share another distinction: Since their trials, they have both applied for their state pensions. Sadly, […]
Flat-rate pension relief fairer to all, say insurers
By Brian Milligan Personal Finance reporter A new system of flat-rate tax relief on pension contributions would be fairer to everyone, especially the low-paid, the insurance industry has said. The Association of British Insurers (ABI) is asking the chancellor to introduce a Savers’ Bonus, which would treat all taxpayers equally. […]
How pension funds can boost devt in dwindling economy– Fashola
By Clifford Ndujihe POWER, Works and Housing Minister, Mr Babatunde Raji Fashola (SAN), yesterday, decried the age-long lip service Nigerian governments had paid to diversification of the country’s economy from crude oil, noting that the mistake has caught up with Nigeria following the prevailing slump in crude oil prices. As […]
KEYNOTE SPEECH AT THE NIGERIAN PENSION INDUSTRY STRATEGY IMPLEMENTATION ROADMAP RETREAT ON JANUARY 21-23, 2016
Fashola Ladies and Gentlemen, we are gathered at a historic time to discuss an important matter. Some may see a Pension Conference, but I see more. I see a future for Africa, led by Nigeria, using the resources of the people to build a future that includes the people. It […]
