More States May Turn to Lotteries to Fund Pensions
Untapped public assets could contribute ‘many billions of dollars’ to underfunded pensions.
Research
Wealth Concentration Grows Among World’s Largest Asset Managers
The rich get richer as total assets under management of 500 largest managers nears $94 trillion.
US Corporate Funded Ratio Slumps in October
Wilshire Consulting’s managing director calls the month’s 1.9 percentage point dip the ‘largest pull back’ since June 2016.
Canadian Pension Funds Post Negative Q3 Asset Returns
Funded ratio still rises as declining liabilities offset losses.
Aging Populations Continue to Burden World Economies
Report finds policymakers struggling to balance retirement adequacy with economic sustainability.
Society of Actuaries Sees Pension Obligations Shrinking Slightly
The body’s annual mortality scale shows beneficiaries dying a bit earlier due to a hike in some leading causes of death.
Public Pension Gap Widening Between Top and Bottom Funds
The best third is 90% funded, and the worst third is at 55% and falling, a new study says.
Britons Missing Nearly £20 Billion in ‘Lost’ Pensions
Report says changing jobs, moving homes are most likely causes of lost pensions.
Investors Mixed on AI Helping, Replacing Jobs in 2025
Tech has low adoption, but Fidelity’s CIO says it’s ‘still early days.’
GPIF Could Use AI to Determine Manager Selection
The $1.4 trillion pension fund’s Sony Computer Sciences collaboration could help radically change the industry.
IMF Cuts Outlook for Global Growth
Trade war with China contributes to downgrade for US forecast.
Using Crowdsourcing to Dowse for Dollars
With a little effort and creativity, global tactical asset allocation can boost a fund’s returns.
UK DB Pensions Increase to 97.7% Funded
Aggregate deficit of nearly 5,600 plans plunges more than 65% in August.
Canadian DB Pension Funds’ Cup Runneth Over
Funded status of Canadian plans surges well above 100% in Q3.
S&P 500 Pensions Approaching 91% Funded
Increased discount rates, global equity returns generate uptick in the ratios for plans in the index.