Pension | Jotup

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

Retrieved on:

Tuesday, March 19, 2024

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

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.

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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.

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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

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

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

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.

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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.
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.

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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.

Carpe Diem launches a New Pension Model on the Blockchain

Retrieved on:

Tuesday, February 27, 2024

Investment, Marketing, Pension, Retirement, Sale, Life, Risk, CDP, Cryptocurrency, Family, Amazon

This is a new way to build an alternative pension without the need for intermediates (banks & pension funds).

Key Points:

This is a new way to build an alternative pension without the need for intermediates (banks & pension funds).
Besides being based on blockchain technology, Carpe Diem Pension invented a brand-new model for handling deposits and payouts in a robust and sustainable manner.
With the referral program of Carpe Diem Pension, marketers do not receive a direct sales cut, but instead are awarded with Pension shares.
Silvan Liklikuwata, the Founder of Carpe Diem Pension, said: “My personal goal is to work hard, and save 40% of my income for retirement (half of it through Carpe Diem Pension), so I can become financially independent and retire early when I am still full of life.

Global pension assets rebound past USD 55 Trillion

Retrieved on:

Monday, February 26, 2024

USD, AI, WTW, Intelligence, Investment, Pension, Growth, Calendar, Thought, Government, Climate change, DB, Partnership, Pension fund

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Global pensions assets returned to growth in 2023, rising in aggregate by 11% to reach USD 55.7 trillion*, according to WTW’s (NASDAQ: WTW) Thinking Ahead Institute from their latest Global Pension Assets Study .

Key Points:

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Global pensions assets returned to growth in 2023, rising in aggregate by 11% to reach USD 55.7 trillion*, according to WTW’s (NASDAQ: WTW) Thinking Ahead Institute from their latest Global Pension Assets Study .
On a related note, actual investment allocations among global pension funds have shifted considerably over the twenty-year history of the study.
Meanwhile, allocation to bonds among global pension funds remains stable at an average of 36% – the same in 2023 as in 2003.
TAI conducted a deeper analysis of this top ‘P7’, now comprising assets of USD 50.8 trillion as of 2023.