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Pensions & Annuities tag returned 149 results

  • India: Govt-backed pension plan attracts 11 mln subscribers

    The government-backed pension scheme Atal Pension Yojana (APY) has attracted 11 million subscribers since its launch three years ago in May 2015, the Pension Fund Regulatory and Development Authority (PFRDA) has revealed.

    Asia | 21 Jun 2018
  • China: 65% do not expect to retire

    About 75% of Chinese adults expect to live past 80 years old. While only 43% are confident they have saved or invested enough to provide income for retirement, 70% expect to maintain their quality of life after retiring.

    Agents | 19 Jun 2018
  • Retirement evolves in China

    Three-quarters of Chinese adults expect to live past age 80 and nearly as many - 70% - expect to maintain their quality of life after retiring. Yet only 43% are confident they have saved or invested enough to provide income for retirement.

    China | 15 Jun 2018
  • Australia: Productivity panel proposes list of top performing super funds be drawn up

    Australia's Productivity Commission is recommending that superannuation funds be made to compete for the new job entrant component of the default market.

    Asia | 13 Jun 2018
  • First batch of 6 insurers market 19 tax-deferred pension products

    The Chinese regulator CBIRC has approved the first batch of tax-deferred pension insurance products. In all, 19 products are being offered by six insurance companies.

    China | 08 Jun 2018
  • Basic pensions to fuel fund management sector

    The traditional fund sector (mutual funds and private funds), in China is expected to see incremental inflows of CNY30 trillion ($4.7 trillion) to CNY40 trillion in the next decade, a compound annual growth rate (CAGR) of 8%-10%, says Moody's Investor Service.

    China | 08 Jun 2018
  • 12 insurers picked to provide personal tax-deferred pension plan

    The CBIRC has named 12 insurers in the first batch of insurance companies to be licensed to offer personal tax-deferred pension plans.

    China | 01 Jun 2018
  • 21 insurers seek to increase capital

    Twenty one (re)insurance companies have applied to increase their registered capital between 1 January to 17 May, involving approximately CNY26.325 billion ($4.1 billion) in aggregate.

    China | 25 May 2018
  • Australia: Proposal put forward for universal pension

    The Australian government could introduce a universal pension that would improve the retirement income for the average income earner but have a reduced effect at higher incomes as it would represent a fixed payment in dollar terms, Dr David Knox, a senior partner at Mercer, has suggested.

    Asia | 24 May 2018
  • Australia: Allianz and PIMCO launch retirement income business

    Allianz and PIMCO, one of the world's premier fixed income managers owned by Allianz, has launched a new business in Australia, Allianz Retire+ Powered by PIMCO, to deliver the next generation of retirement income solutions.

    Agents | 22 May 2018


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