May 4, 2012

Bottom line for pension system

The incident in which AIJ Investment Advisors Co. lost most of ¥145.8 billion in pension assets through bad investments highlights problems related to the type of corporate pension fund known as kosei nenkin kikin. According to the Securities and Exchange Surveillance Commission, 84 corporate ...

Mar 28, 2012

Rein in investment advising firms

The Securities and Exchange Surveillance Commission on March 23 raided the head office of AIJ Investment Advisors Co. over the loss of nearly all the ¥145.8 billion entrusted to it by corporate pension funds. The SESC must do its best to uncover in detail ...

Mar 6, 2012

Increase pension oversight

The news that AIJ Investment Advisors Co. lost most of ¥210 billion entrusted to it by corporate pension funds is causing great worry to many salaried workers. The Health, Labor and Welfare Ministry has found that 84 corporate pension funds entrusted their assets to ...