Manulife Hong Kong and Macau’s Post

The Next Chapter- Alistair McQueen of Aviva! ✳️ Alistair is Head of Savings & Retirement at Aviva UK plc, where he has spent over 23 years. He has been instrumental in raising awareness of the importance of older workers, and initiated the >45 mid-life review for Aviva’s staff and is an advocate for the importance of diversity within financial firms. ✳️Our conversation starts with Alistair’s own journey into pensions ✳️We describe in detail the elements of the mid-life review and its focus on Wealth, Work and Wellbeing and how well-received and impactful the initiative was! ❤️Age discrimination is an area that currently sits in the shadows of some of the diversity debate, and this series is an effort to bring it out of there. Let’s ensure that all of us can look forward to a future of dignity, purpose and security. https://lnkd.in/eTuDmew5 This series was made possible by the kind support of Darwin Alternatives. Darwin Alternative Investment Management Ltd offers innovative, alpha-driven investment solutions that are uncorrelated with traditional asset classes and feature business areas which have not previously been considered by investment funds. The firm aims to create new opportunities for investors to further diversify their portfolios and achieve stable absolute returns. #aging #ageism #agediscrimination #future #wellbeingatwork #olderworkers #pensions #aviva

In 2023, DB pension buy-ins and buyouts hit £50 billion, a historic high. With 254 transactions averaging £190 million each, this momentum should continue, projecting £50 billion annually as the new norm. Looking ahead to 2024, over £3 billion in completed transactions already mark a promising start. https://okt.to/f2GOKJ #PensionInsights #RiskTransfer

In 2023, DB pension buy-ins and buyouts hit £50 billion, a historic high. With 254 transactions averaging £190 million each, this momentum should continue, projecting £50 billion annually as the new norm. Looking ahead to 2024, over £3 billion in completed transactions already mark a promising start. https://okt.to/IJF15w #PensionInsights #RiskTransfer

M. Teresa Palandra, President of Mercer Canada, discusses the challenges of balancing short-term financial needs with long-term savings and why diversification is the best answer to volatility in an interview with Toronto Star. https://bit.ly/3XtsrdE #retirement #investments

Explore the future of retirement in Australia with a comprehensive overview of APRA's updated SPS 515 Strategic Planning and Member Outcomes, effective 1 July 2025 along with APRA’s new guidance on operational risk management and on recovery and exit planning. Additionally, you’ll find a summary of recent news in brief and our legislative update for trustees. Read the full update here: https://ow.ly/N1Po50SRJOY #WTWAustralia #Retirement #Superannuation

APRA’s recent updates to SPS 515 bring new considerations for strategic planning, member outcomes, operational risk management, and recovery and exit planning. If you have any questions or wish to explore what these updates mean in more detail, please feel free to reach out to myself or connect with the WTW Retirement Team.

Recently, market volatility has been in the headlines and, for the 710,000 people who intend to retire within the next five years and the 4.2 million Australians* already retired, protecting one’s super or pension from extreme market fluctuations is a key priority.   Read our Insight regarding why protected growth is such an important consideration for lifetime income streams. https://lnkd.in/gAkjf46B  #certainty #retirement #retirementincome   * Australian Bureau of Statistics, Retirement and Retirement Intentions, Australia, May 2024.   Allianz Retire+ is a registered business name of Allianz Australia Life Insurance Limited ABN 27 076 033 782, AFSL 296559 and is the issuer of AGILE. Any advice provided in this material does not take into account your objectives, financial situation or needs. Prior to making an investment decision, you should read and consider the AGILE PDS (including about the guarantee) and TMD which are available on our website https://lnkd.in/gSqkczsK. PIMCO provides investment management and other support services to Allianz Retire+ but is not responsible for the performance of any Allianz Retire+ product, or any other product or service promoted or supplied by Allianz. Use of the POWERED BY PIMCO trademark, or any other use of the PIMCO name, is not a recommendation of any particular security, strategy or investment product.

🖨 𝗕𝗣𝗔 𝗗𝗲𝗮𝗹: Lexmark 𝘀𝗲𝗰𝘂𝗿𝗲𝘀 £𝟰𝟲 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗯𝘂𝘆-𝗶𝗻 𝘄𝗶𝘁𝗵 Canada Life! 🔍 Lexmark Pension Plan has successfully secured a £46 million full plan buy-in with insurance firm Canada Life. The plan, sponsored by Lexmark Holdings Inc's UK division, encompasses 177 plan participants, including retirees and deferred members. The transaction, finalised in March, marks a significant step towards securing the benefits of plan participants, reinforcing financial stability and enhancing member security. 🧾 𝗤𝘂𝗼𝘁𝗲𝘀:: 🗣️Richard Pells "We had been planning to complete an insurance transaction for a while as the plan’s funding had been improving for some time," ✨ 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ✅ £46 million ($57 million) full plan buy-in ✅ Benefits secured for 177 plan participants ✅ Transaction completed with Canada Life in March ✅ Investment consultancy by Broadstone ✅ Legal advice by Osborne Clarke #Lexmark #CanadaLife #Pension #Insurance ##RetirementPlanning #BulkAnnuity #Insurance #FinancialServices #Pensions #BusinessGrowth #PensionRiskManagement #BuyoutSuccess #FinancialSecurity #PensionScheme #RiskReduction #ProfessionalMilestone #StrategicCollaboration #

Appreciative for the chance to contribute to strategic execution at Challenger:   1. Commonwealth Superannuation Corporation (CSC) has joined forces with Challenger to launch the next stage of its retirement income strategy in early 2024 CSC chief executive Damian Hill said: "CSC has undertaken a detailed review of the options and providers available to help our customers address longevity in retirement, and Challenger is our selected industry-leading provider." 2. Challenger announces FY23 results (Strategic partnerships) Challenger is pleased to announce that it is extending its highly successful reinsurance agreement with MS Primary and will commence reinsuring Japanese yen denominated annuities in 1H24.   #Challenger #superannuation #retirementincome #retirement #strategyexecution #strategicpartnerships #reinsurance #annuities https://lnkd.in/gNp_WGyQ

After 7 years in Singapore, I have retired to a ‘Silver Zone’. It’s been wonderful to see the place I call home in such a different light. It has got me thinking about my own Silver (retirement) future, where I will be, how I will live and who will be with me - perhaps I’ll have a song bird of my own. I better start planning! Eight Wealth International #retirement #Financialplanning #pension #singapore https://lnkd.in/g7CWEx-d