Retirement Income Security – For Young & Old

An Australian lawmaker is holding up the Canada Pension Plan (CPP) as a model of how a single agency can manage the investments of the country’s superannuation funds. Peter Costello, a former Australian treasurer, is advocating for a further consolidation of the country’s “super funds,” writes Florence Chong for...

ARIA Pensions Blog, Email: sitemanager@ariapensions.ca, 12 Dunlop Street East, Barrie, Ontario, Canada, L4M 1A3

The union representing workers at the UK’s Royal Mail says it will defend its strike action to protest changes to the company’s pension plan. The Communications Workers Union, reports Reuters, will “defend its position on industrial action against Royal Mail PLC in the High Court on Thursday.” The union revealed on Oct. 3...

Australian-style retirement income targets may be coming to UK savers, writes Alex Warnakulasuriya for Pension Expert. That’s the suggestion of the Pensions and Lifetime Savings Association in a consultation paper. “In 2017, the Association of Superannuation Funds of Australia set the lump sums required for a single...

ARIA Pensions Blog, Email: sitemanager@ariapensions.ca, 12 Dunlop Street East, Barrie, Ontario, Canada, L4M 1A3

Proposed legislation to beef up the pensions of retired American miners is proving to be a tricky bill to pass, writes Ben Wolfgang for the Washington Times. The bill, American Miners Pension Act, is “aimed at ensuring the pensions of 87,000 retired union miners — and another 20,000 who will retire in the coming...

The Great Recession of a decade ago prompted “the real estate investing team at Quebec’s public-sector pension manager” to notice “an interesting trend in its portfolio of holdings,” writes Janet McFarland for the Globe and Mail. The Caisse de dépôt et placement du Québec owned apartment buildings in New York, and...