All Pension System articles – Page 10
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Opinion Pieces
Irish pensions auto-enrolment is a worthy challenge
Irish citizens are set to get a retirement boost following the government’s decision to implement its auto-enrolment retirement savings scheme in 2024. That is, if all goes to plan. Under the proposed scheme, which has been a topic of debate in Irish politics for at least 15 years, employees will have access to a workplace pension savings scheme that is co-funded by their employer and the state.
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Opinion Pieces
Pensions a bright spot for Australia
By 2063, Australia’s relatively youthful treasurer, Jim Chalmers, will be 85 years old and likely well into retirement.
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News
UK pension schemes concerned over insurer capacity as they approach endgame
The total deal value for bulk annuity transactions is expected to reach ‘well over’ £40bn in 2023
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News
Italian government faces backlash on targeted pension changes
The government has this week introduced the budget law to the Senate to start the approval process
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News
CFOs uncertain of pension schemes’ endgame objective
Cardano’s research shows that 51% of CFOs are seeking external advice to determine the endgame for their schemes
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News
Sampension and PBU link up to push multinationals on responsible tax
Danish pension funds work with Nordea AM and Engagement International, calling out large tech companies for low tax ratios
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News
Resolution Life enters UK buyout market
The agreement provides capacity to the UK pension risk transfer writers in a sustainable way
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News
IPD calls for pensions law changes to foster flexible retirement
Danish pensions lobby’s poll shows 57% of population envision working after retirement age – provided they could reduce hours beforehand
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News
PIC says DC saving pots should not be referred to as ‘pensions’
DC schemes fail to meet the key definition of a pension – the provision of a regular income, says PIC
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News
Germany holds talks with Ukraine on pension reforms
Ukraine plans to introduce a new system, based on scores, to calculate pensions to level out differences in the amount of pension received
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News
Ilmarinen chief says solvency rules ‘short-sighted and encourage procyclical behaviour’
Varma increases year-to-date returns in Q3, besting other three Finnish pension insurers; Elo writes down direct property holdings
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News
Dutch pension funds allowed to index pensions above inflation
Funds will be allowed to provide more indexation than the actual rate of inflation this year, if they did not give full indexation last year
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News
German IG Metall rejects DC schemes
The union is in favour of supplementary, employer-financed company pensions, with guaranteed minimum benefits and employer liability
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News
Sweden’s newly-expanded pensions group agrees to pension pauses
Eight-party policy setting panel also agrees to carry out a review with the goal of a more flexible withdrawal of the occupational pension
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News
The Pensions Regulator will not mandate schemes on how to invest
Instead, TPR will be challenging decision-making to ‘make sure trustees are always acting in members’ interests’, says Nausicaa Delfas
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News
Inflation hits occupational pensions in Germany, says Deloitte
Inflation is having a bigger impact on employees than the COVID-19 pandemic and the war in Ukraine
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News
Sweden launches new AP fund review, weighs merging AP6 and AP2
Government queries expense of running so many funds; AP7 included in the review, despite not being a buffer fund
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News
Swedes see refund from dropped Russian, East European premium pension funds
Pensions agency announces further SEK247m refund from Barings, East Capital and Nordea funds – deregistered after Ukraine invasion – to first-pillar pension savers
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News
DWP embraces PPF as potential public pensions consolidator candidate
‘From a variety of perspectives there’s clearly an investment model that we already have, expertise and infrastructure,’ says the PPF
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News
DB pension funds ‘working against’ government’s productive finance agenda
Defined benefit schemes have now stopped and some even reduced their allocation to illiquid assets, says WTW