UK Baby Boomers Living Large Off Pensions
Report shows retirees’ disposable income more than quadrupled since 1977.
Report shows retirees’ disposable income more than quadrupled since 1977.
China felt biggest impact, primarily in Yangtze River Basin.
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
The state’s main pension funds’ returns ranged from 12.5% to 13.81%.
TPR report finds the overall percentage of eligible employees saving into a workplace pension increased to 78% from 55%.
Steps being made to successfully implement new law that moves new employees into hybrid pension plan.
Largest gains point to domestic, foreign equities.
LCP: Liabilities have risen at a faster pace than assets over the past 10 years.
Tracking service has reported five consecutive quarters of positive results.
Report projects that the multiemployer program's deficit will rise to $80 billion in less than nine years.
Including 2017, compound rate of return is 7.4% over the last four years.
More than 50% of six-figure pensioners are from police, firefighter units, Empire Center reports.
Despite signs of a rebound, sentiment turns negative on the asset class, bringing YTD inflows down to $20.65 billion.