Citic Securities Co. Ltd. (600030.SH), one of China’s biggest brokerages, is planning to take part in a new pension joint venture, embracing the nation’s call to tackle a looming pension crisis fueled by questions surrounding the sustainability of the current pension system as the population rapidly ages. In a bid to overhaul the strained,
BUCHAREST (Reuters) – The Bucharest bourse needs new listings to keep up with demand from Romania’s growing private pension funds, which are beginning to look at other assets and foreign markets, the head of their industry association said on Friday. The seven mandatory private pension funds manage assets worth 84.4 billion lei ($20.2
The chairmen of two parliamentary committees say private equity firms accused of asset-stripping Debenhams should be quizzed about the fate of the department store's pensioners – who face a 10 per cent cut to their retirement payments. Darren Jones, who chairs the business, energy and industrial strategy committee, and Stephen Timms, chairman of
) New Video - Illinois State Board of Investment Earns Highest Private Equity Returns of Any Public Pension Fund Today, the American Investment Council (AIC) released the third video in a new series of interviews conducted by Hill TV examining how private equity investments are supporting the retirements of dedicated public servants across America.
“Never make forecasts, especially about the future.” Nobody knows who said this first. The point, however, is that we have to make forecasts, or at least guesses, about the uncertain future. Of nothing is this truer than long-term investments for delivering security in old age. The problem – inescapable, but fundamental – is that the sensible way
) Last week, the American Investment Council released its 2021 public pension study showing that private equity was once again the best returning asset class for public pension portfolios. In 2020, private equity investments delivered a median annualized return of 12.3 percent over a 10-year period for the 85 percent of public pension funds across
Private sector workers only get half the amount of pension pay that those in the public sector do before they are hit with punishing tax bills, a Money Mail investigation reveals. The lifetime allowance dictates how big a pension pot can be before savers have to pay tax on contributions. It is capped at about £1.07 million and workers face a 25 per
Private sector workers only get half the amount of pension pay that those in the public sector do before they
) 2021 Study - Private Equity Delivers 12.3% Return for America's Pension Fund Retirees WASHINGTON, D.C. - Today, the American Investment Council released its 2021 Public Pension Study. As has been the case each year since its inception, this study found private equity to be the best returning asset class in public pension portfolios. In 2020,
The nation’s stark pensions pay divide is laid bare today, with figures revealing gold-plated state-backed schemes pay three
The nation’s stark pensions pay divide is laid bare today, with figures revealing gold-plated state-backed schemes pay three times as much as the battered private sector. Money Mail has
You’re a deeply-in-debt government; your deficit is running at 11.8% of GDP. That’s not as bad as it could have been, but, given the national debt is now at its highest since the 1960s, it isn’t exactly good either. You’ve also made a lot of promises – green revolutions, levelling up, and the financing of social care. Your prime minister has
California’s cities and counties are awash in pension debt, as skyrocketing retirement costs for public employees consume a larger share of their budgets and mandate the cutbacks in community services. One of the biggest cost-drivers is firefighting given that local firefighters receive average compensation packages that top $200,000 annually. In a
WASHINGTON, June 21, 2021 /PRNewswire/ -- Today, the Alliance for Lifetime Income and CANNEX released the first installment of the Protected Retirement Income and Planning Study, a joint research effort with both investors and financial professionals, designed to better understand and forecast retirement income trends. The inaugural study finds
Dean and Patty Dennis worked in Ohio schools for 30 years, paying into a state pension plan. Then the pension stopped giving them cost-of-living increases. ...
) Bucharest, 8 June 2021 -The private pension market was least affected by the COVID-19 pandemic, given its long-term savings and investment policy. Over time, there have been episodes of volatility that marked private pension funds, but their assets recorded overall growth from one period to another. At the end of March 2021, the private pension
British firms worth £36billion have been sold off to private equity in a high-risk ‘pandemic plundering’ spree. The Daily Mail can reveal today that 123 UK companies have been bought up by the predators since the
In a recent column in The New York Times, Paul Krugman argued that if President Joe Biden succeeds in giving Americans affordable child care, universal pre-K and paid family leave, it will be almost impossible to take them back. People would never allow such transformational benefits to be taken away once they had become part of the fabric of our
Read full article ANI21 May 2021, 4:27 am·3-min read Representative Image Beijing [China], May 21 (ANI): Hong Kong insurance sector is eyeing China's USD 15.3 trillion savings to avert a crisis in its state pension system, the size of the world's second-largest economy. Georgina Lee and Enoch Yiu writing in South China Morning Post
China is tweaking its $1.2 trillion pension system to increase private sector involvement as its population ages rapidly and underfunding looms, but experts say fundamental changes are needed to provide adequate safety nets. The China Banking and Insurance Regulatory Commission (CBIRC), the country's top banking and insurance regulator, said
China will soon launch a new pilot program for private pension funds as part of efforts to overhaul its strained system for retirement savings. The country’s top insurance regulator proposed a new product after policymakers vowed to make private pension funds the crucial “third pillar” (第三支柱) of the national pension system, as a number of officials
Pension Fund Operators Association of Nigeria (PenOp) has partnered with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity (PE) as an asset class in Nigeria. Domestic capital plays a vital role in accelerating economic growth in Nigeria and across the continent in general. Over
May 5—Mandatory private pension
SPORTS OCM getting private sector inputs for Olympians pension scheme - Norza OCM President Tan Sri Mohamad Norza Zakaria " data-media=""> 03/05/2021 05:30 PM KUALA LUMPUR, May 3 -- The Olympic Council of Malaysia (OCM) is now getting inputs from private sector representatives in drafting the Olympians pension scheme proposal.
A man in his 40s, who lives with two women in their 20s, has been forced to delete his advert for a new housemate after social media users raised concerns about his list of expectations. Ruth Blaney shared a screenshot of the advert to Twitter, in a post about Dublin's rental market, saying that it's 'never normal'. The would-be landlord said that
After 13 years of service as President & CEO of United Way of Northwest Louisiana, … Read more ...
The board of directors of State-owned Singareni Collieries Company Limited has approved the increase in the retirement age of its employees and executives from 60 years to 61 years with effect from March 31. After the 557th board of directors meeting held at
) Filed Pursuant to Rule 424(b)(2) Registration No. 333-228614 The Bank of Nova Scotia $3,791,000 Capped Buffered Enhanced Participation Notes Linked to the S&P 500® Index Due May 25, 2023 The notes do not bear interest. The amount that you will be paid on your notes at maturity (May 25, 2023) is based on the performance of the S&P 500® Index (the
The National Pensions Act, 2008 (Act 766) introduced the 3-Tier pension scheme with the first batch of retirees taking their Tier-2 lump sum in 2020. Since then, there has been agitation on the amount received and a comparison being made with the old SSNIT scheme under Social Security Law, 1991 (Act 247) that workers would have been better off
Niklas Hjalmarsson retired from the NHL on Sunday after
TAMPA — Tampa police Chief Brian Dugan announced on Monday that he will leave his post effective Sept. 10, ending a 31-year career with the department and a four-year tenure as chief. “I think it’s just time,” Dugan, 54, told the Tampa Bay Times in an interview Monday. “It’s something that I’ve been thinking about for a while now. When is the right
Dr Kantilal Hastimal Sancheti
Don’t make the mistake of assuming that funding your child’s IRA is the same as funding your own retirement plan. ...
Highlights One-year return of 16.5% 10-year annualized return of 9.0%, representing $10.2 billion in added value Five-year annualized return of 9.3%, representing $4.0 billion in added value Assets under management increased by $28.3 billion to $199.6 billion in fiscal year 2021 VICTORIA, BC, July 26, 2021 /PRNewswire/ - British Columbia Investment
) PRESS RELEASE INTESA SANPAOLO STRENGTHENS FINANCIAL INCLUSION WITH THREE NEW IMPACT PROJECTS Three categories of recipients: young people engaged in community service, families with school-age children and the beneficiaries of Law 104 Impact criteria: low rates, long repayment period, no guarantee required Morganti: "Another step by Intesa
Here is what to know to make the process as smooth as possible. ...
Three nameplates from a retired fleet of trains have sold for more than £12,000 at auction. The plates from the high-speed InterCity 125 fleet were sold by London North Eastern Railway (LNER) with money being raised for the
BARNSTABLE — The former Falmouth police officers who were injured in the line of duty in 2018 are suing the man charged with shooting them and are seeking $800,000. Retired officers and Falmouth residents Donald DeMiranda and Ryan Moore filed the personal injury claim in Barnstable Superior Court on July 16 against Malik Koval and his family.
It will benefit 43,899 workforce besides 767 retired during March-June period ...
Do you want to live your life in peace after turning 40? If yes, then you should start planning for retirement right now. Most people do not think about retirement and keep working till the age of retirement. It is advised by experts that retirement planning should be started at an early time. You can prepare for retirement even with a small
The Nassau County Industrial Development Agency has agreed to help a retirement community in Port Washington recover from its second
RONALDINHO wants Barcelona to retire Lionel Messi's No10 shirt when the Argentine star finally leaves the club. But the legendary Brazilian doesn't want his former team-mate to quit the Nou Camp just get, calling on Barca to finalise his new contract. 1
Read full article ANI 26 July 2021, 9:49 am·3-min read ITBP's retired K9 hero with a patient at ITBP hospital (Photo/ANI) By Rajnish Singh New Delhi [India], July 26 (ANI): While in service they saved countless lives by sniffing out terror with zero error and now retired combat canines of the Indo-Tibetan Border Police (ITBP) are being
) Yes ☐No ☒ Name and address of person authorized to receive notices and communications from the Securities and Exchange Commission: M.J. van Ginneken Koninklijke Philips N.V. Amstelplein 2 1096 BC Amsterdam - The Netherlands This report comprises a copy of the following report: 'Philips' Second Quarter Results 2021', dated July 26, 2021. Pursuant
) Pursuant to the Codes on Takeovers and Mergers and Share Repurchases ('Takeovers Codes'), a copy of each document to be displayed under Note 1 to Rule 8 of
We are both proud and sad to announce that
Dublin-based aircraft leasing giant Avolon has said its president and chief commercial officer, John Higgins, along with its chief operating officer, Tom Ashe, will retire from the business in October. Both are founding members of the company. From today Andy
It is human nature not to want to think about your death but it is important to know what will happen to your pension fund benefits when you are no more. Offering advice during National Savings Months, Naheem Essop, Senior Legal Advisor at the Office of the Pension Funds Ombudsman, said financial planning is important to ensure loved ones are taken
A man in his 40s, who lives with two women in their 20s, has been forced to delete his advert for a new housemate after social media users raised concerns about his list of expectations. Ruth Blaney shared a screenshot of the advert to Twitter, in a post about Dublin's rental market, saying that it's 'never normal'. The would-be landlord said that
After 13 years of service as President & CEO of United Way of Northwest Louisiana, … Read more ...
The board of directors of State-owned Singareni Collieries Company Limited has approved the increase in the retirement age of its employees and executives from 60 years to 61 years with effect from March 31. After the 557th board of directors meeting held at
) Filed Pursuant to Rule 424(b)(2) Registration No. 333-228614 The Bank of Nova Scotia $3,791,000 Capped Buffered Enhanced Participation Notes Linked to the S&P 500® Index Due May 25, 2023 The notes do not bear interest. The amount that you will be paid on your notes at maturity (May 25, 2023) is based on the performance of the S&P 500® Index (the
The National Pensions Act, 2008 (Act 766) introduced the 3-Tier pension scheme with the first batch of retirees taking their Tier-2 lump sum in 2020. Since then, there has been agitation on the amount received and a comparison being made with the old SSNIT scheme under Social Security Law, 1991 (Act 247) that workers would have been better off
Niklas Hjalmarsson retired from the NHL on Sunday after
TAMPA — Tampa police Chief Brian Dugan announced on Monday that he will leave his post effective Sept. 10, ending a 31-year career with the department and a four-year tenure as chief. “I think it’s just time,” Dugan, 54, told the Tampa Bay Times in an interview Monday. “It’s something that I’ve been thinking about for a while now. When is the right
Dr Kantilal Hastimal Sancheti
Don’t make the mistake of assuming that funding your child’s IRA is the same as funding your own retirement plan. ...
Highlights One-year return of 16.5% 10-year annualized return of 9.0%, representing $10.2 billion in added value Five-year annualized return of 9.3%, representing $4.0 billion in added value Assets under management increased by $28.3 billion to $199.6 billion in fiscal year 2021 VICTORIA, BC, July 26, 2021 /PRNewswire/ - British Columbia Investment
) PRESS RELEASE INTESA SANPAOLO STRENGTHENS FINANCIAL INCLUSION WITH THREE NEW IMPACT PROJECTS Three categories of recipients: young people engaged in community service, families with school-age children and the beneficiaries of Law 104 Impact criteria: low rates, long repayment period, no guarantee required Morganti: "Another step by Intesa
Here is what to know to make the process as smooth as possible. ...
Three nameplates from a retired fleet of trains have sold for more than £12,000 at auction. The plates from the high-speed InterCity 125 fleet were sold by London North Eastern Railway (LNER) with money being raised for the
BARNSTABLE — The former Falmouth police officers who were injured in the line of duty in 2018 are suing the man charged with shooting them and are seeking $800,000. Retired officers and Falmouth residents Donald DeMiranda and Ryan Moore filed the personal injury claim in Barnstable Superior Court on July 16 against Malik Koval and his family.
It will benefit 43,899 workforce besides 767 retired during March-June period ...
Do you want to live your life in peace after turning 40? If yes, then you should start planning for retirement right now. Most people do not think about retirement and keep working till the age of retirement. It is advised by experts that retirement planning should be started at an early time. You can prepare for retirement even with a small
The Nassau County Industrial Development Agency has agreed to help a retirement community in Port Washington recover from its second
RONALDINHO wants Barcelona to retire Lionel Messi's No10 shirt when the Argentine star finally leaves the club. But the legendary Brazilian doesn't want his former team-mate to quit the Nou Camp just get, calling on Barca to finalise his new contract. 1
Read full article ANI 26 July 2021, 9:49 am·3-min read ITBP's retired K9 hero with a patient at ITBP hospital (Photo/ANI) By Rajnish Singh New Delhi [India], July 26 (ANI): While in service they saved countless lives by sniffing out terror with zero error and now retired combat canines of the Indo-Tibetan Border Police (ITBP) are being
) Yes ☐No ☒ Name and address of person authorized to receive notices and communications from the Securities and Exchange Commission: M.J. van Ginneken Koninklijke Philips N.V. Amstelplein 2 1096 BC Amsterdam - The Netherlands This report comprises a copy of the following report: 'Philips' Second Quarter Results 2021', dated July 26, 2021. Pursuant
) Pursuant to the Codes on Takeovers and Mergers and Share Repurchases ('Takeovers Codes'), a copy of each document to be displayed under Note 1 to Rule 8 of
We are both proud and sad to announce that
Dublin-based aircraft leasing giant Avolon has said its president and chief commercial officer, John Higgins, along with its chief operating officer, Tom Ashe, will retire from the business in October. Both are founding members of the company. From today Andy
It is human nature not to want to think about your death but it is important to know what will happen to your pension fund benefits when you are no more. Offering advice during National Savings Months, Naheem Essop, Senior Legal Advisor at the Office of the Pension Funds Ombudsman, said financial planning is important to ensure loved ones are taken
Mike Konz KEARNEY — A presentation on indoor sports facility needs is on Tuesday’s Kearney City Council agenda. On Thursday the Kearney Park and Recreation Advisory Board heard from Jon Garner, a boys and girls coach with the Kearney Soccer Club, who described Kearney’s growing demand for sports facilities for competition and practice. Garner will
A legally blind Dublin pensioner who did not expect her cannabis plants to grow as large as they did has been acquitted of possessing close to a third of a kilogram of the drug for sale or supply. Evelyn Corrigan (68) of Redwood Close in Tallaght, Dublin, pleaded guilty to possession of 325.7g of cannabis at her home on December 11th 2017, but
Mayor Joe Hogsett on Monday announced the city is nearly finished a 5-year effort to replace street lights with LED fixtures and to fund new poles. ...
A cardinal who allegedly induced an underling to lie to prosecutors. Brokers and lawyers who pulled a fast one over the Vatican No 2 to get him to approve a disastrous real estate deal. A self-styled intelligence analyst who bought Prada and Louis Vuitton items with the Vatican money that she was supposed to send to rebels holding a Catholic nun
Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a huge cornerstone of how fintech is built today. Now, one of the earlier and bigger movers in the space
Tick tock, early-stage startup fans: If you plan to attend TechCrunch Disrupt 2021 (September 21-23), time is running out to score a pass to the world’s leading conference dedicated to tech startups — for less than $100. The early bird sale ends this week, so buy your pass here before the deal expires on July 30 at 11:59 pm (PT). And if you’re part
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Sunday in your inbox. Hello frens and readers. Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Hey so maybe y’all missed
Jeff Bezos, the billionaire founder of Blue Origin, is offering to knock up to $2 billion off the cost of developing a lunar lander and to self-fund a pathfinder mission in exchange for a NASA contract. The specific contract in question relates to developing a lunar lander for the Human Landing System program, which aims to return humans to the
Kansas middle school science educators spent the week at Fort Hays State University learning to incorporate engineering activities into their classrooms. With funding from the Kansas NASA Space Grant, FHSU’s Science and Mathematics Education Institute organized and hosted a four-day summer workshop for a dozen teachers from all over Kansas.
On July 13, Randolph County Sheriff Greg Seabolt filed a lawsuit against two other sheriff candidates for next year's elections. Seabolt's attorneys wrote in the lawsuit that Hicks and Walker have "engaged in a campaign to harass, intimidate, misrepresent, stalk, defame, threaten and slander [Seabolt] and [his] supporters in apparent efforts to
DUBLIN, July 26, 2021 /PRNewswire/ -- The "TIL-based Therapies Market by Target Indications, Key Players and Key Geographies: Industry Trends and Global Forecasts, 2021-2030" report has been added to ResearchAndMarkets.com's offering. The "TIL-based Therapies Market Global Forecast 2021-2030" report features an extensive study
FOUNTAIN VALLEY, Calif. and SEOUL, South Korea, July 26, 2021 /PRNewswire/ -- Hyundai Motor Company today announced its plan to deploy the company's latest hydrogen fuel cell electric heavy-duty trucks in California, for two publicly funded projects to improve the air quality in the region. The demo trucks that Hyundai will bring into the United
People can choose where to live, work, and shop for goods or services. But few Americans are afforded the opportunity to choose where their children attend school — a more important choice than almost all others. And efforts to expand educational freedom are vigorously opposed by groups with self-serving agendas. To them, parent empowerment is a
DEAR ABBY: I'm 23 years old and caring for my two grandparents. My dad, their only son, lives with them, but avoids them at all costs, no matter how much I beg him to help. He causes more problems than he solves. I graduated from college last year, but because of all the doctor appointments, nurse visits and the attention they need, there's no way
By ZEINA KARAM Associated Press BEIRUT (AP) — Lebanon’s president appointed a billionaire businessman and former prime minister as the next premier-designate Monday, after Saad Hariri earlier this month gave up attempts to form a Cabinet amid an unprecedented financial meltdown roiling the country. Najib Mikati’s appointment came after he secured
BRAMPTON, Ont. — The Canadian Space Agency has awarded a contract worth $35.3 million to MDA Ltd. to design a key component of Canadarm 3. The funds will be used to
................................................................ Senate Majority Leader Chuck Schumer, D-N.Y., has said he wants to pass the nearly $1 trillion bipartisan package as well as the blueprint for a larger $3.5 trillion budget plan before the Senate leaves for its August recess. The White House wants a bipartisan agreement for this first
HOUSTON, July 26, 2021 /PRNewswire/ --�Anvil Channel Energy Solutions today announced final close of a USD$65,000,000�senior secured loan facility to Certus Oil & Gas, Inc., supporting the acquisition of producing assets in central Alberta. This transaction marks the first cross-border transaction undertaken by the new Anvil Channel direct
MINNEAPOLIS — After being hotly