Tag - pension

 
 

PENSION

BUSINESS / Companies
Jun 23, 2016
GPIF sues Toshiba for losses over accounting scandal
Japan's $1.3 trillion Government Pension Investment Fund is suing Toshiba Corp. for losses on its investments after an accounting scandal sent the conglomerate's shares plunging.
Japan Times
BUSINESS / Markets
Apr 27, 2016
GPIF head says too soon to pass verdict on negative rates
Stocks tumbled, the yen strengthened and bond yields melted away after Japan moved to negative interest rates, but the head of the country's giant pension fund is far from fazed.
JAPAN
Jan 13, 2016
Japan's labor ministry to investigate why 2 million workers are on wrong pension program
The labor minister pledges to look into why around 2 million firm employees are members of a pension program for the self-employed.
BUSINESS
Dec 15, 2015
Japan's ¥135 trillion pension fund boosts infrastructure weighting
Japan's ¥135 trillion Government Pension Investment Fund is building up its alternative investment department after raising bets on infrastructure projects more than 10-fold to secure higher returns than low-yielding bonds.
BUSINESS / Markets
Dec 1, 2015
Japan's massive GPIF pension fund marks record quarterly loss over China slowdown
The nation's giant pension manager is unrepentant after a push into equities saw the fund post its worst quarterly result since at least 2008.
BUSINESS
Nov 18, 2015
Minister says Japan pension funds should invest in India rail
India proposed Japanese pension funds invest in rail projects in the South Asian nation as the government prepares to spend more than $140 billion over five years upgrading its outdated tracks.
Japan Times
BUSINESS / Economy
Sep 18, 2015
Consumer spending recovery hampered by pension payment cuts
More than a year after a consumption tax increase tipped Japan into a recession, efforts to clamp down on soaring pension payments are suppressing a recovery in consumer spending.
Japan Times
BUSINESS / Markets
Sep 2, 2015
New 'whale' to make splash in Tokyo markets as Japan Post sells bonds
As the world's biggest pension fund nears the end of its switch from sovereign bonds into stocks, investors are looking at Japan Post Bank Co. as the next actor big enough to move markets.
EDITORIALS
Aug 30, 2015
JPS an easy target for hackers
Structural deficiencies and lack of awareness about cyberattacks made the Japan Pension Service an easy target for hackers.
BUSINESS / Markets / FOCUS
Jul 21, 2015
Japan's pension fund backs in so-called shame gauge
Japan's pension fund is so big that a $13.5 billion investment barely makes the footnotes.
JAPAN
Jun 2, 2015
Abe team moves to limit political damage from pension hack
Hoping to minimize the political damage from the latest pension system scandal, Chief Cabinet Secretary Yoshihide Suga admonishes the Japan Pension Service and announces that a team will be set up to probe the massive theft of pension data.
Japan Times
JAPAN / Media / MEDIA MIX
Jan 31, 2015
Goverment's pension manga displays some pretty old values
On Jan. 12, people who will turn 20 this year attended ceremonies marking Coming-of-Age Day at auditoriums run by local governments. Some wore outrageous getups as final statements of youthful folly before "entering society" and some exercised their entitlement by getting drunk and acting out, but most...
BUSINESS / Economy
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.
Japan Times
BUSINESS / Economy
Oct 17, 2014
GPIF would be 'stupid' to give asset goals first, Ito says
The governmental ¥128 trillion retirement fund would be "stupid" to announce its new investment strategy before adjusting asset allocations, says Takatoshi Ito, a top adviser to the Abe administration on overhauling public pensions.
BUSINESS / Economy
Aug 15, 2014
GPIF law change may be shelved, Kihara says
A law to transform how the world's biggest pension fund is run can wait and may even be shelved, said a ruling party official, contradicting his deputy policy chief who called it the top priority.
Japan Times
BUSINESS / Economy
Aug 6, 2014
GPIF needs governance fix before asset change, LDP exec says
As the world's biggest pension manager moves closer to putting more money in risky assets, the Liberal Democratic Party's deputy policy chief says the fund needs to change its governance first.
Japan Times
BUSINESS / Markets
Aug 5, 2014
Pension clones with $500 billion await GPIF's asset switch
Where the world's biggest pension fund goes, half a trillion dollars is set to follow.
BUSINESS / Economy
May 7, 2014
Ex-pension fund overseer urges cut in Japan stocks
The government pension fund should cut domestic stocks to diversify risk, said Seki Obata, who was dropped from the organization's investment committee last month.
BUSINESS
Mar 10, 2014
Panel urges yearly goal of 1.7% growth at GPIF
The world's largest pension fund should aim for yearly returns of 1.7 percent plus the rate of wage growth, a government advisory panel reiterated.
BUSINESS / Economy
Mar 5, 2014
Pressure on GPIF to buy more stocks good for public, Ito says
Pressure on the Government Pension Investment Fund to buy more stocks will benefit the public as well as boost equity markets, according to the head of a panel that advised on overhauling the world's biggest retirement fund.

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Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear