Pension Funds News and Retirement Investment & Fund Management Updates
Canada public accounts show higher 2026 revenue, spending and debt charges
Canada has tabled its 2026 Public Accounts, closing the federal expenditure cycle for the fiscal year ended March 31 with higher revenue and spending than a year earlier. The results also show ...
First Guardian investors contest InterPrac sale as retirees seek superannuation recovery
Thousands of Australian investors remain locked in a fight to recover retirement savings after the collapse of the Shield and First Guardian investment schemes. The dispute is intensifying as some ...
China expands social insurance push as coverage gaps persist among flexible workers
China is stepping up efforts to bring more people into its social insurance system as policymakers try to strengthen the country's safety net against mounting demographic pressure. The push ...
Malaysia plans to amend Tabung Haji Act to strengthen governance next year
Efforts to strengthen Tabung Haji’s institutional framework are now moving into the legislative amendment phase following several meetings of special and technical committees. The move aims to ...
UK government launches default pension plans for private sector retirement income
The UK government is launching plans to give around 17 million private sector pension savers the option of a retirement income for life, extending features long associated with public sector ...
TPT taps Moody's to build CDC modelling capabilities for UK pensions push
As UK pension providers develop collective defined contribution structures, TPT Retirement Solutions is expanding its analytical tools to support scheme design and regulatory approval. The move ...
Banks and insurers clash over proposed financial regulation
Tensions are rising across the financial sector as banks and insurers dispute key elements of proposed regulation and the way the rules are being drafted. The standoff is adding to concerns that ...
Australia super funds face legal action over complaint handling, ASIC says
Australia's superannuation trustees are coming under renewed regulatory pressure over how they handle member complaints tied to retirement savings and claims. The warning follows an ASIC review of ...
Liberal Party moves toward keeping superannuation rules unchanged in Australia
Australia's Liberal Party is moving toward a policy shift on superannuation as internal debate intensifies over whether retirement savings should be used to support home ownership. Garth Hamilton ...
Vanguard-backed 401(k) portability program cuts cash-outs, but most balances remain in IRAs
Small-balance 401(k) savers are cashing out less often after employers adopt automatic portability, pointing to lower leakage from workplace retirement plans. The program still leaves most ...
Rand Mutual Assurance faces governance scrutiny over R32 billion asset consultant process
Governance concerns at Rand Mutual Assurance are escalating after management alerted shareholders to alleged misconduct tied to the selection of an asset management consultant overseeing an ...
Australian retirees press for pension increase as living costs strain incomes
Rising housing, healthcare and everyday expenses are leaving some older Australians unable to sustain the retirement they had planned. The pressure is especially acute for pensioners with limited ...
Davidson Kempner-backed Genwood builds UK superfund platform for pension transfer market
Alternative asset managers are expanding further into the UK pension risk-transfer market as new platforms position themselves to take over corporate retirement plans. A Davidson Kempner-backed ...
EIOPA flags elevated market risk for Europe occupational pension funds
Europe's occupational pension sector is operating in a tougher risk environment as geopolitical tensions continue to weigh on growth, inflation and debt sustainability. EIOPA says market risk ...
U.S. insurance regulators scale back credit ratings scrutiny
U.S. insurance regulators are easing plans for tougher oversight of credit ratings after discussions with industry stakeholders. The shift keeps the issue in focus but favors guidance over new ...
U.S. Labor Department secures order over $6.4 million Chicago law firm retirement plan payout failure
A retirement plan tied to the defunct Chicago law firm McCullough, Campbell & Lane LLP has distributed $6,498,858 to 40 employees after federal action over delayed benefit payments. A court order ...
Chile pension funds swap losses ease as U.S. Treasury rebound lifts valuations
Chilean pension funds are trimming steep mark-to-market losses on foreign interest-rate swaps in October as bond market conditions improve. The reduction narrows a large derivatives hit carried by ...
Finance Ministry defends 2% EPF contribution rate for foreign workers
The mandatory Employees Provident Fund (EPF) contributions for non-citizen workers in Malaysia remain part of the government’s efforts to broaden social protection for the workforce. The ...
Delaware Life wins partial approval to reduce affiliated lending exposure
Regulatory scrutiny of related-party loans is reshaping asset movements at Delaware Life, an insurer controlled by Los Angeles Dodgers owner Mark Walter. The company says TWG Global will buy $3.8 ...
Australia superannuation withdrawals for medical costs surge as regulators target predatory access tactics
Early access to retirement savings for compassionate reasons is rising sharply in Australia as households turn to superannuation to cover medical bills. Withdrawals reached A$1.46 billion in ...
UK pensions regulator urges AI risk stress tests for trustees
Britain's pensions regulator is warning that pension schemes may be more exposed to AI-related market risks than their trustees currently recognize. The concern extends beyond direct holdings, ...
