Global Pensions Update: July 2021
Top Recent Content on Global Pension Schemes
The following list of papers represents some of the best pension-related content recently uploaded to Savvy Investor. From frameworks for investments in illiquid assets, to regulatory updates, and surveys on the ultimate objective of pension schemes, there's a broad coverage of pension-related topics.
Our selection is headed up by a Wellington Management paper that notes current inflation fears but points out that falling inflation might be more worrisome for corporate plan managers…
Inflation: Should corporate pensions care? (Wellington Management, Jun 2021)
To what extent should pension fund managers be worried about inflation risk? When breaking down this question, Wellington Management suggests it applies more to return-seeking portions of pension portfolios than it does to liability-hedging, and that falling inflation could pose a greater risk to funded ratios.
Money Listens: The positive power of pensions (LGIM, Jun 2021)
For compliance reasons, this paper is NOT accessible in the United States and Canada
LGIM's 2021 survey uncovers views from pension members on several ESG issues, including the effects of Covid-19 on ESG matters and climate concerns, engagement versus exclusion, and generational differences in ESG priorities.
Harnessing the Potential of Private Assets: A framework (PGIM IAS, 2021)
PGIM IAS sets out a practical framework for pension managers and other institutional investors to invest in illiquid private assets. This framework enables decision-makers to see how asset allocation and investing activity interact with changing liquidity demands.
Public Pensions: Planning for a different decade ahead (BlackRock, Nov 2020)
For compliance reasons, this paper is only accessible in certain geographies
Last year was unprecedented for public pension investors. The market shock from Covid-19 and the subsequent snapback in the price of many risk assets provided a real-time test of plans’ strategic asset allocations and their approach to rebalancing.
Pension Evolution and the Impact on Pension Investment Strategies (CAIA, 2021)
For compliance reasons, this paper is only accessible in the United States
This CAIA webcast brings together several pension investment experts to discuss recently passed legislation in the United States, its impact on corporate pensions, and strategies to minimise funding deficits.
Superannuation Insights 2021 (KPMG)
For compliance reasons, this paper is only accessible in certain geographies
KPMG's 81-page report on the Australian superannuation industry discusses the rise of pension consolidation and mega funds, contributions, net cash flows, pension insurance, and other issues relevant to the Australian pension market.
Quarterly Superannuation Performance Statistics (APRA, 2021)
For compliance reasons, this paper is only accessible in certain geographies
The Australian Prudential Regulatory Authority (APRA) provides a brief overview of superannuation performance data through the end of Q1 2021.
The Annual Performance Test on Superannuation Funds (Willis Towers Watson, 2021)
The upcoming Annual Performance Test could have significant implications for the Australian superannuation industry, as many schemes may fail its stringent requirements. Willis Towers Watson provides additional details about the significance of this legislation.
Social risks and opportunities for UK occupational pension schemes (PLSA, 2021)
For compliance reasons, this paper is only accessible in the United Kingdom
How are UK pension schemes taking into consideration social factors such as gender diversity, pay ratios, workforce conditions, and health issues within supply chains?
Climate Metrics for UK Pension Schemes (Hymans Robertson, 2021)
For compliance reasons, this paper is only accessible in the United Kingdom
Hymans Robertson discusses climate-related metrics, their applicability for UK pension managers, and some of their limitations.
Risk Settlement Survey 2021 (Aon)
This Aon survey covers responses from 120 UK pension schemes about whether their ultimate destination is self-sufficiency (100% funded), buyout, or consolidation with other schemes.
