US Annuity Sales Rise in Q2, But Still Down Nearly 10% from 2016
Non-qualified sales buoyed variable annuity market, IRI reports.
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Preqin: Institutional Investors Increasingly Concerned with High Pricing
Private equity, private debt are most well-received asset classes.
CalPERS Staff Pushes for Quick Replacement of Infrastructure Consultant StepStone
Former infrastructure consultant, real estate consultant named as potential immediate replacements.
TPR to Prosecute Firm for Not Providing Pensions
Manchester bus company and managing director could face unlimited fine.
Canadian Institutional Investors Seek More Women on Boards
Groups call for boards and executives to be at least 30% women in less than five years.
Business Group Urges Use of Pensions to Fund Retiree Startups
Institute of Directors calls on UK government to help retirees become entrepreneurs.
India’s National Pension Scheme Raises Entry Age Limit to 65
Currently, only 15% to16% of workers are covered by system.
Brazilian Planning Minister Demands Government Put Pension Reform First
Corruption scandal, 2018 general elections causing distractions for lawmakers.
UK Annuity Sales Tumble Further
Sharp decline continues two years after new rules allow withdrawals without annuities.
NEPC: Emerging Markets Boost Global Equities in August
MSCI EM Index currently at 28.3% returns in 2017.
Northern Trust’s McDonald: Outlook Remains Positive
Continued strength from the equities market may be the most consistent return-driver allocators can hope for.
Mercer: S&P 1500-Sponsored Company Pensions Down 1% in August
S&P 500 up 0.05%, while MSCI EAFE down 0.31%.