Italy told to curtail State pensions for high earners
The OECD on Monday called on Italy to reform its pension system, making it less generous for high earners. “Reducing…
China to revitalize pensions and economy with innovative aging finance
Financial institutions actively manage the Basic Old-age Insurance Fund and the National Social Security Fund, adopting market-oriented, diversified, and specialized…
Equity funds leak £18bn in second-worst year on record for outflows
Money market funds were the only asset class to achieve positive net flows in 2023 Equities funds suffered £18bn net…
Egypt to increase minimum wages, pensions within two months
Sabry added that this move aims to alleviate the impact of the global economic situation on the public, especially with…
Pension Risk Between Individuals and the State : 20 Years of Swedish Experiment
The Swedish pension reform of 1998, which led to the introduction of the premium pension, was one of the largest…
Arab Pension Systems: From Secrecy to Public Scientific Research
If you want to know the speed of change and depth of change that is taking place in the pension…
Why Retirement Gets Better With Annuities in Western Markets
Everyone aspires to have a steady source of income after retirement that replaces as much as possible of their pre-retirement…
What Banks Can Learn from Fintech Apps
New Plaid research about consumers’ use of financial apps shows that they increasingly load up their devices, mixing and matching…
Romanian private pension funds’ assets up 31.4% y/y in 2023
The European Union member state overhauled its communist-era pension system in 2008 Assets held by Romania’s seven mandatory private pension…
What does 2024 hold in store for the wealth management industry?
Firms should prepare for three critical influences this year The wealth management industry hasn’t stood still in 2023, writes Allfunds’…
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