Retirement Plans
Financial institutions and other groups are pressing forward with the creation of pooled employer plans despite regulatory uncertainty.
First State Super aims to almost halve carbon emissions in its investments as it joins global peers in mitigating climate-change risks.
Cbus and Media super funds are exploring an arrangement that would merge investment and back office operations while retaining their brands.
AustralianSuper said its balanced fund, used by the majority of participants, recorded a positive return for its June 30 fiscal year.
The U.K. DWP will investigate whether the charge cap on defined contribution default funds is appropriate.
Stephanie Weston joined Melbourne-based super fund HESTA as head of portfolio design.
Alberta will develop a detailed plan analyzing the costs and benefits of withdrawing from the Canada Pension Plan.
Total U.S. retirement assets fell 12% to $28.7 trillion for the first three months of 2020 vs. the $32.6 trillion in fourth quarter of 2019.
The Pensions Regulator has extended some areas of easing to help U.K. plan sponsors that continue to be challenged by the COVID-19 pandemic.
AustralianSuper is looking for private equity opportunities and lifting credit holdings as it sees limited returns from government bonds.
