24 10, 2018

Re-elect Xander den Uyl in the Board of PRI

2018-10-25T08:15:38-07:00October 24th, 2018|Categories: Uncategorized|

As a long-time pension fund board member representing trade unions and pensioners, I have been active in the field of responsible investment by pension funds since the nineties. I firmly believe that PRI has played and must play an important role in mainstreaming responsible investing for institutional investors. This is especially the case for pension funds, as they play such an important role in generating benefits for an aging population. As responsible investment continues to move towards mainstream acceptance, [...]

19 07, 2018

Putin’s Pensions Gamble

2018-07-19T08:23:22-07:00July 19th, 2018|Categories: Uncategorized|

Vladimir Putin hasn’t inspired so little confidence among Russians since the country was on the cusp of rallies over alleged ballot-rigging in 2011, which snowballed into the biggest protests of his rule. The president is paying the price for the government’s rollout of a proposal to increase the pension age just as the World Cup started. Trust among Russians in Putin fell below 38 percent in the first two weeks of July, the lowest level since December 2011, according to state-run polling company [...]

8 11, 2017

Bill would allow pension funds to borrow

2017-11-08T18:44:12-08:00November 8th, 2017|Categories: Uncategorized|Tags: |

Ohio Democrats Sen. Sherrod Brown and Rep. Tim Ryan unveiled a bill they say will guarantee that thousands of retirees in the state receive the pensions they were originally promised. At a news conference Monday in Youngstown, Brown and Ryan said they want Congress to create a new federal office that would allow no fewer than seven pension funds in the state to borrow enough money to remain solvent and continue providing pensions for the retirees. […]

1 08, 2017

Older Americans Aren’t as Poor as We Thought

2017-08-01T20:45:34-07:00August 1st, 2017|Categories: Uncategorized|

Millions of American workers are frozen out of their companies’ pension plans. Maybe you get a 401(k), if you’re lucky. But the traditional pension is dead. Unless, perhaps, you’re already retired. It still lives for millions of older Americans who worked and qualified for their pensions in another era. Today’s retirees are living pretty well, new research finds—much better than previously thought. […]

11 01, 2017

For Millennials, It’s Never Too Early to Save for Retirement

2017-01-11T19:50:12-08:00January 11th, 2017|Categories: Uncategorized|

You have probably heard it yourself: the impression that millennials are financial freewheelers. The theory goes that today’s 20- or 30-somethings spend with little regard for savings and even less regard for retiring. Retirement planning experts say that this assumption isn’t entirely accurate — though it is perennially true that most young adults don’t make retirement savings a financial priority. But, as the experts point out, millennials are in an ideal position to get started, because whatever they set [...]

8 06, 2015

Gen X Not Ready For Retirement, Millennials Keeping Cool

2015-06-08T20:30:49-07:00June 8th, 2015|Categories: Uncategorized|

The Baby Boomers get a lot of attention in the financial planning industry when it comes to retirement-readiness, but let’s not forget about two other important generations: Gen X and Millennials. Gen X, or the "sandwich generation" (between aging parents and growing children), is most at risk financially, according to Northwestern Mutual's Planning and Progress Study 2015. Gen X has more spenders than savers compared to other generations and is the least likely to have more savings than debt. [...]

31 03, 2015

Firms selling on pension details face fines for breaching data protection rules

2015-03-31T20:24:26-07:00March 31st, 2015|Categories: Uncategorized|

Companies found to have breached data protection laws by selling people’s pension pot details face fines of up to £500,000, the information commissioner has warned. Christopher Graham said claims that millions of individuals’ data is being sold and ending up in the hands of criminals were “very serious”. An investigation has been launched by the privacy watchdog into the allegations published by the Daily Mail. The newspaper reports that pensioners’ salaries, the value of their investments and the size of [...]

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