Asian countries are exposing their citizens to a concentration of risk comparable to that which occurred in the Enron scandal, delegates at Mercer's Asia Pacific Investment Forum have been told this week
TAIWAN - Taiwan's US$3.4bn public sector pension fund will soon be open to stock market investment and foreign currency deposits after the recent pension bill set up a management commission to supervise its assets.
TAIWAN - Reform of the Taiwanese pension system for public employees must focus on reducing the NT$8trn (US$245.4bn) sum the government will be forced to spend on pensions in the coming years, said Lu Ming-tai, director of the department for retirement...
Taiwan - The Taiwanese government should relax restrictions on pension funds and offer more incentives to cope with rising demand from an ageing society for secure retirement options, local experts suggested.
TAIWAN -Taiwan's US$15bn Bureau of Labour Insurance (BLI), a state-owned pension fund, has awarded its first four international investment mandates worth $400m covering global fixed income and global equities.
TAIWAN - With the Labour Pension Act (LPA) set to come into force in just four months, many multinationals have begun preparing for implementation ahead of forthcoming detail, a survey by Watson Wyatt has found.