The existing severance pay system, under which companies accumulate severance pay internally, will be phased out and unified into a ‘retirement pension’ system where funds are accumulated in external ...

Schroders Solutions won a full outsourced chief investment officer (OCIO) mandate for the E.ON UK Group of the Electricity ...

Illinois state pensions have less money to pay retirees than any state according to Equable Institute. It’s the third year in a row for Illinois coming in last.

Schroders will take on the management of the portfolio for the £3bn E.ON UK Group pension fund, which is part of the £29bn ...

The group trustee of the E.ON UK Group of the Electricity Supply Pension Scheme has appointed Schroders Solutions as the principal investment manager under a full outsourced chief investment officer ( ...

Public sector workers getting restored benefits under last year's Fairness Act would be spared a tax bill on those benefits ...

The average retired worker receives about $2,071 per month from Social Security in 2026, about $24,850 per year. 1 It often forms the basis of retirees’ income plans and may be the only income source ...

Low pension adequacy, restrictive safety nets, and life-course inequality explain why old age so often means poverty in Korea. South Korea is aging faster than any other OECD country, but its most ...

Benefit Street Partners is prepared to deploy up to $10B for its U.S. real estate debt strategy, including $3B in equity commitments, marking the largest fund-raise in the firm's history. The New York ...

SEOUL, Dec 24 (Reuters) - South Korea's national pension fund has initiated a new round of strategic foreign exchange hedging operations on Wednesday, two sources familiar with the matter told Reuters ...

Dec. 19 (Asia Today) --South Korea's National Pension Fund exists for one purpose: to protect retirement security by maximizing returns under a disciplined framework of stability and long-term ...