Global Pension News

Legislation introduced by a “bipartisan group of (American) lawmakers” could save pension funds and retirement income, writes Ginger Adams Otis for the New York Post. In the article she relates the situation facing a group of retired Teamsters who “suffered a fate that could soon hit hundreds of thousands of union...

The Canada Pension Plan Investment Board (CPPIB) has announced it is obtaining a 6.3 per cent stake in ReNew Power from the Asian Development Bank for US$144 million. “ReNew Power is a leading Indian renewable energy developer and operator with clean energy capacity diversified across wind, utility-scale solar and...

The lack of adequate retirement income is a broad-based concern with research showing the problem is even more acute for women. According to research from digital wealth management firm Moneyfarm, British “women are less financially prepared than men (39 per cent compared to 26 per cent),” reports The Express. Even...

Sears Canada’s “controversial dividend payments” will be the subject of an investigation by the company’s bankruptcy monitor, writes Hollie Shaw for the Financial Post. The company made “more than a half billion dollars of controversial dividend payments” to its shareholders “years before the defunct department store chain...

It’s the most vulnerable who will be impacted by proposed changes to the University of Southampton’s pension plan, causing them to lose thousands in retirement, warn unions representing the workers. The unions, Unison and Unite, “highlighted that the proposed changes to the University of Southampton Pension &...

Liberal Democrats in the UK are calling for an inquiry following the “collapse of Carillion and impending transfer of some of its defined benefit members into the Pension Protection Fund,” writes Angus Peters for Pensions Expert. “The contractor, which holds large government contracts for projects like the HS2 railway...

The Canada Pension Plan Investment Board (CPPIB) is joining a leading property and infrastructure group to launch a “major U.K. Build-to-Rent investment partnership, with an initial target to invest £1.5 billion in the sector,” reports the board. “The partnership will begin with an investment of c.£450 million in the...