Report: Millennials will have Similar Pensions to Current Retirees
Data shows retirement prospects for today’s workers not are ‘not the disaster’ other reports suggest.
Data shows retirement prospects for today’s workers not are ‘not the disaster’ other reports suggest.
Passive assets under management could exceed active by 2027.
Report finds UK local government pensions still invest £16.1 billion in fossil fuels.
NCPERS says pensions are resilient and shouldn’t be dismantled if underfunded.
Willis Towers Watson paper says outdated definitions can lead to excess risk, and a skewed investment strategy.
Funded status of 100 largest US corporate pension plans grows to 84.7%.
Data shows Ivy League endowments are increasing their focus on private investments.
Foreign, domestic equities help the fund earn $39 billion for the fiscal second quarter.
Pensions earned 0.55% for the quarter, and 6.14% over the past year.
The deficit for UK private sector pensions is down £128 billion from last year.
Total AUM for the 500 biggest managers rose 5.8% in 2016.
Group says practice of moving from defined benefit to defined contribution plans is not done for the benefit of employees.
Oil and gas, and basic material stocks, were the fund’s best-performing investments.
New reporting methods boost numbers, but increase is “still significant.”
OECD says younger generations will face more challenges in retirement than current retirees