Results for: Pension

Cartwright, a UK-based pension advisory firm, has advised a pension scheme to allocate 3% of its assets to Bitcoin, marking a significant step in the UK’s institutional crypto adoption. This move, valued at approximately $59 million, represents a shift towards diversifying investment strategies and harnessing the potential of Bitcoin’s asymmetric returns. The decision reflects a growing trend of institutional investors exploring innovative solutions to future-proof their portfolios in a challenging economic environment.

This article explores different retirement planning strategies through the experiences of three women with varying ages and backgrounds. Learn how early planning, mid-life adjustments, and later-stage solutions can contribute to a financially secure retirement.

After months of protests and negotiations, employees at the Omni New Haven Hotel have secured a new contract that includes a significant wage increase, union-backed healthcare, and pension benefits. This victory is part of a nationwide movement advocating for better working conditions in the hospitality industry.

India’s Finance Minister, Nirmala Sitharaman, will launch the NPS Vatsalya scheme, a new pension scheme aimed at children, on September 18th. The program allows parents to secure their children’s financial future by investing in the National Pension System (NPS). The launch event will be held in New Delhi and will feature school children participating in the launch alongside the Minister.

The Rajasthan government has taken significant steps towards gender equality and welfare of pensioners. The cabinet meeting approved a 33% reservation for women in the police force, additional allowance for pensioners, and land allotment for a large-scale solar power project.

India’s Finance Minister Nirmala Sitharaman has clarified that the newly launched Unified Pension Scheme (UPS) is a new offering and not a rollback of the existing New Pension Scheme (NPS) and Old Pension Scheme (OPS). She also accused the Opposition Congress party of spreading misinformation about the UPS.

The Indian government has announced a new Unified Pension Scheme (UPS) for government employees, aiming to address concerns surrounding the current National Pension Scheme (NPS). UPS aims to provide a guaranteed monthly pension, similar to the old scheme (OPS), while maintaining the contributory element of NPS. This article examines the pros and cons of all three schemes and analyzes the potential impact of UPS on pension reforms in India.

The Indian government has approved the Unified Pension Scheme (UPS) for government employees, offering assured pensions and family benefits. The scheme will come into effect from April 1, 2025, and provides choices for existing NPS subscribers. The UPS aims to improve the financial security and well-being of government employees.

The Indian government’s new Unified Pension Scheme has replaced the National Pension System (NPS). This article explores the key differences between the two schemes, shedding light on what makes the new scheme unique.

Argentina’s Senate has passed a bill increasing pension spending, potentially jeopardizing President Javier Milei’s efforts to balance the budget. The move, which was approved by a large majority, challenges Milei’s commitment to tackling the country’s persistent fiscal deficit and inflation.