Developed Nations’ Public Pension Plans Dropped By Average of 15% in 2022
An OECD report details how rough last year was for global funds, although the U.S. was protected slightly by a strong dollar.
An OECD report details how rough last year was for global funds, although the U.S. was protected slightly by a strong dollar.
Carl Astorri will lead the A$300 billion pension fund’s UK investment team.
The exercise aims to increase understanding of banks’ and other financial institutions’ behavior in stressed market conditions.
She will succeed Charles Counsell who is stepping down at the end of March.
The Pensions Regulator wants LDI-driven plans to be ready if yields suddenly jump like they did in September.
Data show plan participants are increasingly dipping into their pensions to offset cost-of-living increases.
However, insurance companies likely won’t be able to accommodate the increased demand.
Ruling shoots down BT, Ford, Marks and Spencer pension funds’ challenge to reforming inflation calculation.
Thanks to surging bond yields, the aggregate funded ratio of the PPF 7800 rose to 120.1% in June, up from 106.5% a year ago.