Jun 2, 2015

Pension system hack sparks worries over My Number initiative

The revelation that the nation’s pension system has been hacked on an unprecedented scale may affect ongoing Diet deliberations on a bill to assign citizens individual numbers to improve social security management. The Japan Pension Service said during a hastily arranged news conference Monday ...

Jan 22, 2015

GPIF governance overhaul almost complete, minister says

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The Government Pension Investment Fund is closing in on completing a governance overhaul, said the minister in charge of the $1.1 trillion retirement pool. A ministry pension panel formed to decide the fund’s leadership structure will make recommendations on Friday, said Health, Labor and ...

Jan 6, 2015

GPIF seeks fund managers to meet new investment targets

The Government Pension Investment Fund may use a private seminar next month to inform potential job applicants as part of its efforts to recruit professional money managers to the world’s largest investor of retirement savings. Yasuhiro Yonezawa, chairman of the investment committee at the ...

Nov 25, 2014

GPIF assets swell to record ¥130.9 trillion in September

Japan’s giant public pension fund said Tuesday its total assets swelled to a record ¥130.9 trillion as of Sept. 30, increasing by ¥3.62 trillion over the three months from July. The Government Pension Investment Fund, the world’s largest institutional investor, also said the proportion ...