We get the regulators we deserve. It’s no use us whingeing that we have a reactive regulator if we demand a free market without interventions. But when there is evidence of malfeasance, we demand our regulators are quick off the mark and decisive when they get involved.
With backers worth $10 trillion, the group includes the Washington State Investment Board and the New York Common Retirement Fund.
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CalPERS is stepping up its ESG investment program, despite evidence that funds based only on environmental, social and corporate governance strategies have tended to underperform. The big pension system, an early ESG leader, is half-way through a five-year plan that includes getting companies to report and reduce climate-changing carbon emissions and using ESG factors to […]
If the West is going through ‘Japanification’ what are the implications from an asset allocation perspective? asks Allison Hill, QIC's director of investments.
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Aggregate deficit of the PPF 7800 increased more than tenfold to £69.9 billion.
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Planning your future means making the decision not to let Lady Luck call the shots. Financial planning exists so you can actually experience the future you want to have. Clarity on what you want that future to look like is a pre-requisite.
The Protecting Your Super Package of reforms start on 1 July 2019. These reforms are designed to protect your super accounts from being eroded by insurance policy fees and premiums that you may not require, as well as help to consolidate your low balance super accounts.
Most of us delude ourselves about our investments. For example, we talk about our winners while the losers sit quietly in the bottom drawer. The biggest delusion is not adjusting rates of return for inflation, using what is known as the real rate.
SuperannuationThe Australian Prudential Regulation Authority’s decision to impose new licensing conditions on AMP’s superannuation businesses could not have come at a worse time, with around seven outsourcing tenders currently underway in the market.
Cincinnati Financial Corp., Fairfield, Ohio, added two domestic equity investment options to the fund lineup of its 401(k) plan in 2018, the company disclosed in an 11-K filing with the SEC on Thursday.
The plan added the Wells Fargo Special Small Cap Value Fund and Wells Fargo Special Mid Cap Value Fund, which had $9 million and $7 million, respectively, in assets in the plan as of Dec. 31 and…
In a study by the TIAA Institute asking subjects to make decisions resembling portfolio allocations, researchers found those with more financial education made more rational decisions.
The post Study Suggests Irrational Investing Behavior Across Demographics appeared first on PLANSPONSOR.
Providing traditional health and wellness offerings alongside financial wellness programs results in a healthier, more productive workforce, Prudential Financial finds.
The post Pairing Health, Financial Wellness Benefits Yields Better Results appeared first on PLANSPONSOR.
Custodia appoints Brad Campbell to Strategic Advisory Council; CapAcuity new hire to consult on executive benefits; Deschutes appoints president of retirement plan services; and more.
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Despite that, employees value financial wellness programs and Alight Solutions makes suggestions for improving them.
The post Employee Perceptions of Financial Wellbeing Haven’t Improved appeared first on PLANSPONSOR.
Ever since they were deregulated, profits have come first. Manchester mayor Andy Burnham must now push backBritish attitudes to buses are infected with snobbery. Whether urban or rural local services, or long-distance coaches, these vehicles lack the charisma of planes, trains and automobiles. It’s not hard to see why. Air travel is associated with leisure and exotic destinations. Railways are a…
Britons between 18 and 29 have less left over after housing costs than older generations had at same ageAvocado on toast was the snack that became a synonym for millennial excess. But along with holidays and tickets to shows, dining out is proving beyond the budget of Britain’s youngest adults, who, according to new figures, have suffered a slump in their spending power for life’s non-essentials…
The central objective of the Statement 84, Fiduciary Activities, is to enhance the consistency and comparability of fiduciary activity reporting by state and local governments.
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SuperannuationAn industry super fund is seeking an independent chair and two independent directors after ongoing discussions between its board and the Australian Prudential Regulation Authority, as well as a new CEO.
For most high income earners, saving for your retirement through super is a sensible strategy, but you need to watch you don’t fall foul of the dreaded Division 293 tax.