Nigerian pension funds once again recorded another year of brilliant performance in 2016 roundly beating the NSE Pension Index by wide margins. The NSE Pension index ended the year 2016 at 810.04 points from its 2015 value of 815.16 points, thereby ending the year down by 5.13 points or -0.63%. […]
Pension
Lecturers’ pension fund enrols with Macquarie’s green bank bid
By Mark Kleinman, City Editor One of Britain’s biggest pension funds has signed up to an Australian-led bid for the UK’s Green Investment Bank (GIB) as it seeks to burnish its credentials amid growing political rancour. Sky News has learnt that the Universities Superannuation Scheme (USS), which manages the retirement […]
First Guarantee v. Nze Chidi Duru: One Week, One Trouble?
In a space of a few weeks, the former Vice Chairman of First Guarantee Pension Limited, Hon Nze Chidi Duru, has been arraigned twice in two different courts at two different locations, on criminal charges allegedly committed in the pension industry. Olaoluwakitan Babatunde who has been following developments around the […]
In a space of a few weeks, the former Vice Chairman of First Guarantee Pension Limited, Hon Nze Chidi Duru, has been arraigned twice in two different courts at two different locations, on criminal charges allegedly committed in the pension industry. Olaoluwakitan Babatunde who has been following developments around the […]
$15B Hawaii pension fund seeks a consultant for its real estate investments
The Hawaii State Employee Retirement System, which is underfunded and overcommitted by more than $12 billion, is looking for a real estate investment consultant to review the performance of its real estate managers and the overall program, Pacific Business News has learned. The Employees’ Retirement System, which provides retirement allowances […]
NAICOM, PenCom to continue dialogue on annuity transfer
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) and National Insurance Commission (NAICOM) have pledged to continue their dialogue on transfer of annuity assets from life insurers to Pension Fund Custodians (PFCs) in spite the initial deadline which elapsed four days ago. The regulators in […]
Young people’s views of the pension system in Seychelles
During a conference organised earlier this week by the Seychelles Pension Fund (SPF), youth aspirations on the ideal age of retirement was presented by Anaël Bodwell. There was a wide range of views from the Seychelles youth where some saw the need to increase the age of retirement as the […]
Govt may allow partial withdrawal of pension corpus after three years
If all goes well, you may soon be able to withdraw a partial corpus from the National Pension System (NPS) after three years instead of the currently mandated period of 10. The government is considering a proposal to drastically reduce the minimum lock-in period for withdrawing a portion of the […]
In Canada, pension funds lead in responsible investment
Pension plans accounted for 75 per cent in the growth of responsible investing assets, or $374-billion of the almost $500-billion in new assets under management… Read more: GLOBE AND MAIL
Japan pension funds denies investment as sop to Trump
By Agence France-Presse Japan’s public pension fund on Thursday denied a report it will invest in US infrastructure as part of Prime Minister Shinzo Abe’s expected offer to President Donald Trump to help boost US employment. Japan Prime Minister Shinzo Abe (L) an US President Donald Trump (R) (MANILA BULLETIN) […]
