Pension

A quarter of women in the workplace fear they're "on the wrong track" for retirement

Retrieved on: 
Wednesday, March 27, 2024
Research, Insights Association, Guideline, Social Security, NRI, Woman, Retirement, Pension, DXI, News, Anxiety, Fear, Life, Male, Social, Nationwide, Government, Life insurance

COLUMBUS, Ohio, March 27, 2024 /PRNewswire/ -- In a year where more Americans are reaching 65 than ever before, lingering economic concerns are casting a shadow over many workers' retirement prospects. Research from the Nationwide Retirement Institute® (NRI) reveals a gender disparity in retirement confidence and readiness among current U.S. workplace savers as women report more challenges than their male colleagues.

Key Points: 
  • Research from the Nationwide Retirement Institute® (NRI) reveals a gender disparity in retirement confidence and readiness among current U.S. workplace savers as women report more challenges than their male colleagues.
  • Today's macroeconomic landscape may be throwing women retirement savers off course.
  • As a result, more than half of women are concerned about outliving their income in retirement (52%).
  • "Women are likely to live longer in retirement, so it's understandable that fear of outliving their income would be a source of anxiety.

NOTICE TO THE ANNUAL GENERAL MEETING IN HEXAGON AB (publ)

Retrieved on: 
Thursday, March 21, 2024
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STOCKHOLM, March 21, 2024 /PRNewswire/ -- The Board of Directors has, pursuant to Chapter 7, Section 4 a of the Swedish Companies Act (Sw. aktiebolagslagen) and the company's Articles of Association, decided that shareholders shall be able to exercise their voting rights by postal voting before the General Meeting. Consequently, shareholders may choose to exercise their voting rights at the AGM by attending in person, through a proxy or by postal voting.

Key Points: 
  • Notice of attendance to the Annual General Meeting can be given on Hexagon's website, www.hexagon.com , or by post to: Hexagon AB, "Annual General Meeting", c/o Euroclear Sweden AB, P.O.
  • Completed and signed postal voting forms can be sent by mail to Hexagon AB, "Annual General Meeting", c/o Euroclear Sweden AB, P.O.
  • The Nomination Committee elected in anticipation of the 2024 Annual General Meeting, comprising Mikael Ekdahl (Melker Schörling AB), Jan Dworsky (Swedbank Robur fonder), Brett Watson (Infor) and Daniel Kristiansson (Alecta) has proposed that Ola Rollén be elected Chairman of the 2024 Annual General Meeting.
  • If the Annual General Meeting so resolves, the dividend is expected to be distributed by Euroclear Sweden AB starting on Friday 10 May 2024.

T. ROWE PRICE: INVESTORS WITH A FORMAL FINANCIAL PLAN HAVE DOUBLE THE WEALTH ENTERING RETIREMENT

Retrieved on: 
Tuesday, March 19, 2024
Retirement, T. Rowe Price, Pension

BALTIMORE, March 19, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, today published a new report that reveals the importance of financial planning for retirement. The report shows a correlation between individuals with a formal financial plan and having two to four times more wealth when entering retirement compared to those without one. Individuals with a financial plan are also more likely to contribute more toward their retirement and work with a financial advisor.

Key Points: 
  • The report shows a correlation between individuals with a formal financial plan and having two to four times more wealth when entering retirement compared to those without one.
  • Individuals with a financial plan are also more likely to contribute more toward their retirement and work with a financial advisor.
  • Ultimately, having a formal financial plan tailored to one's specific needs can help not only with wealth accumulation, but also with making retirement savings last longer."
  • Retirement Income was a key theme in T. Rowe Price's 2024 U.S. Retirement Market Outlook .

Noble Welcomes Angela Johnson as Managing Principal and Head of Global Client Solutions and Strategic Partnerships

Retrieved on: 
Thursday, March 14, 2024
Moses Austin, Real estate, Capital formation, Atlanta Business Chronicle, Pension, Noble, Travel, Law enforcement, Harvard Business School, University, Insurance, Student, MBA, Partners Group, Crain Communications, McCombs School of Business, BBA, Partner, Firefighter, KKR, Investment, Multimedia, WX, Management

ATLANTA, March 14, 2024 /PRNewswire/ -- Noble Investment Group ("Noble") today announced the appointment of Angela Johnson as Managing Principal and Head of Global Client Solutions and Strategic Partnerships.

Key Points: 
  • ATLANTA, March 14, 2024 /PRNewswire/ -- Noble Investment Group ("Noble") today announced the appointment of Angela Johnson as Managing Principal and Head of Global Client Solutions and Strategic Partnerships.
  • We are thrilled to welcome her to the Noble team," said Mit Shah, Noble's CEO.
  • Mrs. Johnson joins Noble from Fifth Wall, where she was a Partner and Head of Capital Formation, leading global capital raising and investor relations.
  • "I am honored to join the Noble team, an organization renowned for its integrity, investment performance, innovation, and leadership," said Angela Johnson.

Unifor says SaltWire's credit protection filing is more devastating news for a walloped media sector

Retrieved on: 
Tuesday, March 12, 2024
Democracy, Bankruptcy, Social justice, The Telegram, Pension, Risk, Heel, SaltWire Network, News, CCAA, Private sector, The Chronicle Herald, Bell Media, Advertising, Journalism, Telegraphy

ST. JOHN'S, NL, March 12, 2024 /CNW/ - Unifor is deeply concerned after learning creditor protection Atlantic newspaper owner SaltWire Network Inc. filed for creditor protection yesterday.

Key Points: 
  • ST. JOHN'S, NL, March 12, 2024 /CNW/ - Unifor is deeply concerned after learning creditor protection Atlantic newspaper owner SaltWire Network Inc. filed for creditor protection yesterday.
  • "This one cuts close to home as I got my start in journalism many years ago at the St. John's Telegram.
  • Unifor represents more than 10,000 media workers, including journalists in the broadcast and print news industry.
  • Unifor is Canada's largest union in the private sector, representing 315,000 workers in every major area of the economy.

OPTRUST FULLY FUNDED FOR 15TH CONSECUTIVE YEAR

Retrieved on: 
Tuesday, March 12, 2024
MDI, Retirement, Risk, Pension, Climate change, Plan, OPTrust, Pension fund

In 2023, OPTrust remained fully funded for the 15th consecutive year and achieved a net investment return of 5.3 per cent.

Key Points: 
  • In 2023, OPTrust remained fully funded for the 15th consecutive year and achieved a net investment return of 5.3 per cent.
  • "At OPTrust, we have a clear purpose – to deliver peace of mind in retirement to our members," said Peter Lindley, President and CEO of OPTrust.
  • "For the 15th consecutive year, OPTrust is fully funded, and the people we serve can continue to rely on a secure, sustainable pension."
  • In 2023, OPTrust welcomed five additional nonprofit organizations and nearly 1,000 new members to reach a total membership of over 4,200 in OPTrust Select.

The unequal impact of the 2021-22 inflation surge on euro area households

Retrieved on: 
Tuesday, April 2, 2024
European Central Bank, Tax, Central bank, Princeton University, Political economy, ECB, Pension, Shock, COVID-19, HSBC Finance, Coronavirus, Fiscal policy, Tao, Journal, Policy, Blog, Food, IMF, University College London, HICP, NBER, Housing, Nominal, London School of Economics, Redistribution, Data, Journal of Political Economy, Brueghel, Insurance

The 2021-22 surprise inflation surge had a major impact on households in the euro area.

Key Points: 
  • The 2021-22 surprise inflation surge had a major impact on households in the euro area.
  • Indeed, not everyone was a net loser: while about 70% of households suffered a loss, the rest enjoyed moderate gains.

EQS-News: Symrise AG again raises sales significantly in 2023

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, Oral hygiene, Taste, Supervisory board, Nutrition, Research, Investment, Pension, Food, Growth, Sale, Odor, Natural, Pet food, Cosmetic industry, Menthol, Tax, Foodservice, Nutrition and Health, Annual, Symrise, Depreciation, Bookkeeping

The Symrise Group generated sales of € 4,730 million in the 2023 fiscal year, an increase of 2.4 % in the reporting currency.

Key Points: 
  • The Symrise Group generated sales of € 4,730 million in the 2023 fiscal year, an increase of 2.4 % in the reporting currency.
  • Heinz-Jürgen Bertram, Chief Executive Officer of Symrise AG: “2023 was again a successful year of growth for Symrise.
  • Despite the good sales development in the 2023 fiscal year, earnings remained below expectations.
  • The cost of goods sold increased slightly faster than sales, which was mainly attributable to higher raw material and manufacturing costs.

SOPHiA GENETICS Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 5, 2024
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BOSTON and ROLLE, Switzerland, March 05, 2024 (GLOBE NEWSWIRE) -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and a leader in data-driven medicine, today reported financial results for its fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • BOSTON and ROLLE, Switzerland, March 05, 2024 (GLOBE NEWSWIRE) -- SOPHiA GENETICS (Nasdaq: SOPH), a cloud-native software company and a leader in data-driven medicine, today reported financial results for its fourth quarter and fiscal year ended December 31, 2023.
  • SOPHiA GENETICS will host a conference call and live webcast to discuss the fourth quarter and full year 2023 results, and financial guidance for the full year 2024 on Tuesday, March 5, 2024, at 8:00 a.m. (08:00) Eastern Time / 2:00 p.m. (14:00) Central European Time.
  • Additionally, an audio replay of the conference call will be available on the SOPHiA GENETICS website after its completion.
  • These non-IFRS measures are key measures used by SOPHiA GENETICS management and board of directors to evaluate its operating performance and generate future operating plans.

Abacus Life (ABL) Officially Launches Technology Sub-Division – ABL Tech

Retrieved on: 
Tuesday, February 27, 2024
Algorithm, AI, Pension, Blockchain, ABL, Cryptocurrency

ORLANDO, Fla., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”) is a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products.

Key Points: 
  • ORLANDO, Fla., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”) is a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products.
  • The company is proud to announce the official expansion of its technology division, ABL Tech.
  • ABL Tech is set to build on this legacy, redefining the technological landscape within the pension fund and financial services industry with a suite of tech-driven solutions.
  • Abacus Marketplace: A multi-platform portal enhancing life settlement sector communication and transparency, simplifying access and processes for clients and advisors.