PensionNigeria’s Post

£50 billion of hard-earned pension funds could be in jeopardy Recent investigations by the Centre for Economics and Business Research have illuminated a daunting predicament facing the United Kingdom’s pension sector[1]. An alarming £50 billion of hard-earned pension funds could be in jeopardy, lost within neglected accounts or dispersed amongst a myriad of forgotten pots.

The background story on the unfunded liabilities of a pension fund. A typical experience of a defined benefits pension scheme with decreasing members' contributions faced with increasing disbursement commitments. UK, US and Japan experiences have shown before.. https://lnkd.in/gpSs3Hmr

📢 BREAKING NEWS: Tayside Pension Fund - Mis-advised Transfers 📢 Huge numbers of members of the Tayside Pension Fund final salary scheme have been misled into transferring their fund elsewhere. Beat The Banks continue to uncover multiple cases of inappropriate advice. A total of 41 different local employers were eligible to join the scheme.   These type of pensions, offer substantial benefits and guarantees. Moving is only likely best advice in a tiny minority of cases. Losses for those mis-advised to move can run into six figures. Read more here:

This article is so appropriate for the festive period. Well written and great idea, while reminding us to save, even though it’s silly season, and how easy saving has become. #savingforretirement #investment

🥇 Today, the updated Global Top 300 #PensionFunds #ranking for this year was published, compiled by the Thinking Ahead Institute of WTW, in collaboration with Pensions & Investments. The data shows that the top positions have undergone few changes, although there could be a change in leadership in the coming months.

With the recent turmoil in the Ohio pension system, Canadian pension funds are showing stability through strong governance. BLG partner Scott McEvoy emphasizes the importance of structure and process: “Good governance starts at the top.”   Read more in the full article: https://lnkd.in/gZQN_TaD

Of global funds, AustralianSuper ranks highest, coming in at 16th and moving up two places since 2022, according to the latest Global Top 300 Pension Funds. It is closely followed by Australian Retirement Trust at 22nd and Future Fund at 25th. Aware Super has also now cracked the top 40, ranking 37th versus last year's 41st.

Strong start to 2024 boosts pension assets. Pension fund assets grew strongly by 5.0% over the quarter, whilst corporate bond yields remained fairly stable. Alexandra Nowak (Tischendorf), CFA: "A well diversified Portfolio, reflecting a balanced risk exposure to different economic sectors remains important.” #prévoyance #caissedepension #Pensionfund #Pensionskasse #beruflicheVorsorge

Is it worthwhile making voluntary contributions to your pension fund? Voluntary contributions to the pension fund are regarded as an attractive way to increase pension capital while saving taxes. However, there are also constraints and risks involved that you should clarify in advance. Great article on #PensionFunds ⬇️ https://bit.ly/4gNHI0J

Is it worthwhile making voluntary contributions to your pension fund? Voluntary contributions to the pension fund are regarded as an attractive way to increase pension capital while saving taxes. However, there are also constraints and risks involved that you should clarify in advance. Great article on #PensionFunds ⬇️ https://bit.ly/3XZj5p5