UK Defined Benefit Plans’ Deficit Shrinks
Reports from Pension Protection Fund and Mercer show improved DB funding.
Tag: Pensions
Automatic Enrollment Boosts UK Pension Participation
TPR report finds the overall percentage of eligible employees saving into a workplace pension increased to 78% from 55%.
FTSE 100 Firms Pay £150 Billion a Year to Pensions – And It’s Not Enough
LCP: Liabilities have risen at a faster pace than assets over the past 10 years.
Research
Canadian Pension Returns Positive Despite Negative Equity Returns
Tracking service has reported five consecutive quarters of positive results.
Report: 18% Rise in NY Pensions Over $100K
More than 50% of six-figure pensioners are from police, firefighter units, Empire Center reports.
Newsmakers
Calif. High Court to Hear Appeal Against San Diego Pension Cuts
City could be forced to create pensions for 3,000 workers if overturned.
Newsmakers
International Paper to Make $1.25 Billion Pension Contribution
The move is part of a long-term de-risking program at the company.
Research
KPMG Survey Finds ‘No End to Growth for LDI’ in UK
UK pensions have more than £900 billion of exposure to LDI.
CS: More Investor Interest in Hedge Fund Quant Strategies
In addition, Credit Suisse survey shows more than 70% of institutional investor portfolios incorporate hurdle rates and founder’s share class structures.
Review Calls for Pensions for Self-Employed Britons
The proportion of self-employed workers in the UK continues to grow.
Newsmakers
Michigan Governor’s Task Force Proposes 4 Priority Reforms
Urges for better reporting and transparency, creation of local government pension/stress test system.
UK Pensions Could Benefit from Diversified Property Investments
Aon white paper says pensions shouldn’t focus solely on commercial property.
Even the Most Fiscally Fit States Have Pension Problems
Report ranks Florida, North Dakota, South Dakota, Utah, and Wyoming as the top five states by fiscal condition, but long-term challenges loom.
H.I.G Funds to Invest in Middle-Market Debt, Direct-Lending Opportunities
Raises $1.1 billion from foundations, endowments, public and private pensions, and sovereign wealth funds.