Four in five Aussies (81%) think that their superannuation fund should work hard to protect them from scams and fraud, a recent Super Consumers nationally representative survey has found.
Allianz Global Investors is investing in a 2% stake in Guomin Pension & Insurance Company, making the German asset management company the 18th shareholder of the pension insurance start-up.
The Pension Fund Regulatory and Development Authority (PFRDA) is set to issue new guidelines for the sector, its chairman Hemant Contractor has said.
HelpAge India, a charitable organisation catering to the elderly, has issued a report highlighting the lack of age preparedness, especially among the 'missing middle', who do not fall under most government schemes and have meagre savings for their later years.
Abu Dhabi-listed HAYAH Insurance has secured a licence from the Securities and Commodities Authority to provide comprehensive corporate pension management services.
Planning for retirement among Hong Kongers began on average at age 40 in 2024, compared to 45 in 2018, according to a survey by Schroders.
More than 60m people have opened private pension accounts since the introduction of China's private pension system in November 2022, data from the Ministry of Human Resources and Social Security showed.
The National Financial Regulatory Administration (NFRA) has released guidelines for promoting the development of inclusive insurance to better meet the needs of the people and the real economy.
Nine pension insurance companies in China posted a combined net loss of CNY414m ($57m) for the first quarter of this year, according to data from the companies' quarterly solvency reports. Among the nine, five were profitable during the period while four reported net losses.
2024 marks the fifth year of the establishment of the Dajia Insurance Group in June 2019 by the Chinese authorities to take over the operations of the now-defunct Anbang Insurance Group.