Taiwan

Asian funds warned over concentration of risk

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

AEGON enters Taiwanese market

TAIWAN - Aegon has established a joint venture with Taishin Financial Holding to launch its life insurance and pensions products in the Taiwanese market.

Taiwan fund open to investment

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.

  • Asia
Taiwan must reduce pensions spending

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 urged to relax pension restrictions

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 fund awards first foreign mandates

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.

Taiwanese companies prepare for LPA ahead of detail

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.