India’s National Pension Scheme Raises Entry Age Limit to 65
Currently, only 15% to16% of workers are covered by system.
News
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%.
Ontario Teachers Fund Returns 3.7% in First Half of 2017
Net assets reach C$180.5 billion on C$6.4 billion of income.
CalPERS to Outsource Private Equity Assets to BlackRock
Discussions in preliminary stage, source says.
Romanian Prime Minister Suggests Making Private Pension Plan Optional
Government could change gears on recent pension considerations.
Commodities Rocket Louisiana Teachers to 15.93% Fiscal Return
Asset obliterates -6.5% benchmark with 28.79% performance.
Royal Mail Workers May Strike Over Pension
Union ballots more than 100,000 workers, recommending they endorse industrial action.
Robots, AI Could Lead to Longer Retirements
Report says gains from modernization should be used to halt rising pension ages.
British Airways Announces Proposals to Close NAPS Pension
Closure would protect existing benefits, but unions express “dismay and bitter disappointment.”