JAPAN - The Japanese government is implementing a new law to encourage employers to increase the mandatory retirement age from 60 to 65 and to better coordinate the beginning of pension coverage with later retirement ages.
It’s an attempt by the authorities to combat the declining labour force and slowing birth rate, as well as addressing other issues associated with an ageing society.The Employment Security Act for Elder...
Four executives of AIJ Investment Advisors have been arrested in an alleged fraud relating to missing pension fund money.
Recently released year-end results show assets under management for Japanese asset managers were down 12% in the year ended March 31, as Gavin Blair reports
CANADA/JAPAN - The Canada Pension Plan Investment Board (CPPIB) and Global Logistic Properties (GLP) have formed a joint venture to invest in the country's logistics network.
JAPAN - Japan's public pension fund scraped a small return on its investments in the second quarter after its assets fell by $33bn, its latest report shows.
JAPAN - The implementation of new accounting rules that would have forced companies to book pension fund shortfalls as liabilities on their balance sheets is to be postponed, according to reports.