Articles and white papers for pension funds. The research in this category covers both defined benefit and defined contribution pensions funds worldwide. The most popular papers in this category tend to cover either the asset management of DB pension plans, or the design of DC pensions plans. For instance, on DB pensions, the most popular papers are... a KPMG Survey of Liability-Driven Investing, a guide to re-orient investment strategy to the long-term, a study on allocating to infrastructure investments, and a framework to evaluate de-risking strategies. Whereas the most popular DC papers in this category cover selecting a default glide-path and DC design around the world. Most papers in this section are aimed at pensions managers and trustees, such as a paper on international pensions governance trends, and a guide to investment management agreements. For listings of more specific content - either by country or by DB/DC - please click on the appropriate section in the main menu.
Every quarter, our Content Team curates a unique list of the best asset manager salary surveys from around the world, providing our members with information on benchmark salaries for investment management professionals. These fund manager salary surveys cover a wide variety of roles within the asset management industry,…
Pension regulations in the Nordic countries and the Netherlands are similar to insurance regulation in the European Union. Solvency capital (SC) required for credit risk in corporate bond portfolios is close to its economic risk, while solvency capital for equity risk does not distinguish at all between low-risk and high-…
This report by the Thinking Ahead Institute provides detailed analysis of the world's largest pension funds. Assets under management (AUM) of the world’s largest pension funds totalled US$18.0 trillion in 2018, a fall of 0.4%, compared to an increase of 15.1% the previous year. In 2018 the value of the top 20 funds fell by 1…
This is the second year that DWS has sponsored this report by CREATE-Research. Amongst other insights, this year’s survey confirms the on-going movement of passive investment into the mainstream with 66% of survey respondents considering passive index investing as a mature part of their portfolio.
This is the Thinking Ahead Institute's latest annual Global Pension Assets Study. It covers 22 major pension markets which now total over US$46.7 trillion in pension assets, an increase of 15% in the 12-month period. The study examines the seven largest markets in more detail (US, UK, Switzerland, Netherlands, Japan, Canada…
This comprehensive paper from JP Morgan AM outlines many aspects of the retirement landscape in the United States, from saving and spending, through investing to taxes.
Invesco's research found that U.S. defined contribution plan participants are very interest in risk assessment tools to help identify their risk tolerance and help them select
Populations are aging across the world. This global demographic shift promises great opportunity—and challenge—in the decades ahead. No institutions have a greater stake in the changing demographic frontier than businesses, large and small, that have an integral role to play in realizing the upside of the new and…
There have been significant changes in the UK pension landscape in recent years following government action to dramatically increase participation rates. The policy of automatically enrolling eligible employees into a pension scheme has tackled some of the structural changes required. However, we can be under no illusion…
There have been significant changes in the UK pension landscape in recent years following government action to dramatically increase participation rates. The policy of automatically enrolling eligible employees into a pension scheme has tackled some of the structural changes required. However, we can be under no illusion…
Trustees, plan sponsors and other responsible parties associated with oversight for retirement savings plans seeking to understand how innovation-and specifically artificial intelligence (AI) - can be used to improve plan design, increase participant engagement and enhance retirement outcomes. This Invesco paper aims to: (i…
In this study, the authors have set out to paint a picture of the changing face of defined contribution (DC) around the world, drawing on the insights of the organisations that are defining the next generation of best practices. The study is based on a survey and interviews of ten leading organisations on four different…
This report summaries the results of the 2019 International Pension Plan Survey, an annual survey conducted by Willis Towers Watson analysing International Pension Plan (IPP) and International Savings Plan (ISP) specific design elements and membership criteria. The survey this year covers 932 IPPS and ISPs sponsored by 877…
We document large variation in net-of-fee performance across public pension funds investing in the same private equity fund. In aggregate, these differences imply that the pensions inour sample would have earned $45 billion more – equivalent to $8.50 more per $100 invested – had they each received the best observed terms in…
This is the annual report on all DB occupational pension schemes registered with the Pensions Regulator. It includes those also providing DC benefits, as well as schemes not eligible for the Pension Protection Fund (PPF).
This PwC survey on UK pension scheme funding has been running for more than 10 years. It looks at the funding position and valuation assumptions adopted by UK defined benefit (DB) pension schemes. The 2019 update covers responses from 245 schemes covering over £250bn of liabilities. The analysis brings out a number of key…
Callan conducted its 13th annual Defined Contribution (DC) Trends Survey in the fall of 2019. The survey incorporates responses from 114 plan sponsors, including both Callan clients and other organizations. The survey highlights key themes and findings from 2019 and expectations for 2020.
Running a pension scheme has become complex and so has the task of governing it well. In the UK, the Pensions Regulator (TPR) offers useful guidance to help trustees mitigate risk. However, there is one area of risk highlighted by TPR that the authors of this report believe is less well understood, and that's the area of…
