Sweden’s largest pension fund, Alecta, is under fire this week for investments it made into now-defunct U.S. regional banks. After the collapse of the tech-startup-focused Silicon Valley Bank (SVB) on...
Tag: Pension
Are Crypto Pension Funds A Good Idea for Managing and Investing Money?
Decentralization has been gaining momentum in the world of finance for some years now. From cryptocurrencies to blockchain technology, decentralized technologies are transforming how we manage and inv...
Pension Fund-Backed Parataxis Capital Shakes Off Crypto Winter With New Fund
Parataxis was able to avoid exposure to FTX’s collapse due to its policy of not trading on offshore exchanges, said Chin, and didn’t face a rush of redemptions from investors. Though crypto is o...
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
White House cryptocurrency ‘roadmap’ recommends against pension funds
The White House released a statement on Jan. 27 that provided United States President Joe Biden’s administration a roadmap for mitigating risks associated with cryptocurrencies. The administration’s l...
White House: No Greenlight for Pension Funds to Enter Crypto Market
White House outlines steps to minimize the risks of cryptocurrencies. The Biden administration is committed to working with Congress to enact protective laws. The White House believes that mainstream...
deVere CEO says UK government must be more transparent about pension age rise talks
The UK government now needs to be honest with the public about a possible pension age rise being discussed at the Treasury, warns the CEO of one of the world’s largest independent financial advisory, ...
I’m about to get $130,000 from a lump sum pension payout, what do I do with it?
I am about to receive a lump-sum payout from a pension plan I was in. It’s around $130,000. Need some advice on the best way to invest this money. I am turning 60 in April and don’t have a 401(k) or I...
Fairfax County, Virginia, Pension Funds Exposed to Genesis Bankruptcy
The Fairfax County Police Officers Retirement System, which is led by Chief Investment Officer Katherine Molnar and which was managing about $1.8 billion as of last summer, has invested in the crypto ...
Schools, Trains Shut Down As Workers Protest Macron Pension Reform
Topline Everything from railways, to classrooms are on pause in France as all French unions jointly agreed to strike Thursday in opposition to the government’s recently released pension overhaul that ...
Cold and cash-strapped? Here are 4 hot states that won’t tax your pension income at all — no matter how old you are or how much money you have
Cold and cash-strapped? Here are 4 hot states that won’t tax your pension income at all — no matter how old you are or how much money you have As the United States enters the frigid depths of wi...
France Macron to push for pension reform again despite potential strikes
The French government is presenting new plans to update the pension system. Analysts expect some backlash from some workers. Nurphoto | Nurphoto | Getty Images French President Emmanuel Macron is goin...
What Happens to My Pension When I Die?
SmartAsset: What Happens to Your Pension When You Die? If you worked in a job with a pension, this means you will receive ongoing benefits once you retire. A critical part of estate planning, then, wi...
‘It feels like I’m holding two full-time jobs:’ I’m 65, retired and have a $2K pension. I own rental properties, but they’re stressful to maintain. Should I keep them or sell?
Dear MarketWatch, I’m a 65-year-old married man in Southern California. I retired about 5 years ago, and have very little in pension payments of about $2,000 from my old job, without any medical benef...
Chicago’s Shaky Pension Funds Face New Hit From Looming Downturn
(Bloomberg) — As 2022 unfolded, Chicago’s long-troubled pension funds faced a new shortfall: A delay in property tax receipts left the system without enough money to pay the city’s retirees. Mos...
Robert Kiyosaki just issued a dire warning about the current pension crisis, says ‘fake money savers’ will feel the most pain — he likes these 3 real assets
‘The next global Lehman’: Robert Kiyosaki just issued a dire warning about the current pension crisis, says ‘fake money savers’ will feel the most pain — he likes these 3 real ...
Bank of England calls for ‘urgent’ global action after near-collapse of UK pension funds
LONDON, February 03: Governor of the Bank of England Andrew Bailey leaves after a press conference at Bank of England on February 3, 2022 in London, England. Dan Kitwood | Getty Images News | Getty Im...
Arizona divesting pension funds from BlackRock over ESG push
Arizona is forging ahead with its plan to divest its pension funds from BlackRock due to concerns over the massive investment firm’s push for environmental, social, and governance (ESG) policies...
Bitcoin Remains at $17,000. Pension Funds’ Doomsday Prediction for Crypto
Join Our Telegram channel to stay up to date on breaking news coverage The price of bitcoin and other cryptocurrencies increased on Friday as they traded in sync with stocks, which have increased this...
1,000 salaried Ford workers retire after pension warning from automaker
DETROIT – Retirement-eligible salaried employees at Ford were warned and advised about retiring this year to maximize a lump sum pension payment. The company confirmed Wednesday that approximately 1,0...
Canada’s largest pension fund cancels crypto research efforts
Canada’s largest pension fund, Canadian Pension Plan Investment (CPPI), has ended all its crypto research efforts without providing a convincing reason for its decision. However, it claims to have mad...
Canada’s Largest Pension Fund Gets Cold Feet on Crypto
The biggest pension fund in Canada has given up on its crypto research. The move comes during a deepening crypto winter and a year of contagions and collapses. On Dec. 7, it was reported that Canada’s...
Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets
Canadian pension fund CPP Investments which manages $388 billion for roughly 20 million Canadians, has given up its crypto investment plan after a year-long study of crypto investment opportunities, a...
Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters
Though declining to comment on the specific reasons, Reuters said CPPI pointed to comments made earlier this year by CEO John Graham: “You want to really think about what the underlying intrinsic valu...
Canadian pension fund ends crypto research effort: Reuters
Canadian pension plan CPP Investments has ended an effort to study crypto investment opportunities, Reuters reported, citing sources. CPPI declined comment to Reuters but told the news agency i...
Canada’s Largest Pension Sells Apple, Tesla, NIO, XPeng, Li Auto Stock
Canada’s largest pension fund by assets under management recently made striking changes in its investments in Apple and four prominent electric-vehicle makers. Canada Pension Plan cut its stake in App...
‘I am trying to feverishly save for retirement’: My fiancé pays $1,700 a month to the IRS and owes student debt. We’re both 57. Should I marry him for his Social Security and pension?
Dear Quentin, My fiancé and I met at age 42 after being recently divorced. We have (now-grown) children from our previous marriages, but none together. We keep our finances separate. Neither one of us...