assets Archives - DR News - News, Retirement, Finance

AustralianSuper to Nearly Double Private Equity Assets Amid Increased Deal Activity

Melbourne, Australia – AustralianSuper, the largest pension fund in the country, has announced plans to significantly increase its private equity assets in the coming years. This decision comes as the market sees a resurgence in deals, following a period of stagnation due to rising borrowing costs. With assets totaling A$330 billion ($215 billion), AustralianSuper aims to raise its private equity allocation from the current 5% to as high as 9% of its portfolio. Chief Investment …

Retirement Plan Payout: Three Factors To Consider

The good news is you have a pension. According to the Bureau of Labor Statistics, 15% of private industry workers had access to a specified pension plan in 2024. And if you are close to retirement, you may be considering at what age to start the income or to take a payout. There are many factors to consider in your decision. Inflation: Pension income is usually level, meaning it doesn’t increase over time. Once you …

Fund Management Pension Schemes Seize Bargains On Secondary Market For Private Assets

London, UK – Major pension funds in the UK are capitalizing on significant discounts in the market to acquire real estate and private assets while other retirement funds are selling off less liquid holdings. The Pension Protection Fund (PPF), a £32 billion retirement scheme, and Border to Coast Pensions Partnership, a £60 billion local authority pool, are among the funds taking advantage of opportunities in the secondary market to make profitable investments. PPF recently purchased …

Seize: N.Y. AG Threatens Trump’s Assets Over $354M Civil Fraud Fine

NEW YORK – The New York Attorney General is warning that she may take possession of former President Donald Trump’s assets if he fails to pay a $354 million fine for civil fraud. This warning comes after a judge ordered Trump to pay the hefty fine in relation to a fraud case in New York. The real estate mogul’s empire in New York is now facing uncertainty following the verdict. The Attorney General’s Office emphasized …

Transformational Change: New Mexico PERA Embracing Private Assets to Strengthen Pensions

Santa Fe, New Mexico – The New Mexico Public Employees Retirement Association (PERA) is undergoing a significant transformation, shifting its focus towards private assets to enhance its financial performance and secure the retirement benefits of its members. In a move to diversify its investment portfolio, PERA aims to allocate a larger portion of its assets to private markets such as real estate, private equity, and infrastructure. This strategic shift comes at a time when traditional …

Here Is Why Estate Planning Is Essential To Retirement

Estate planning is the process of arranging and preparing for the distribution of a person’s assets and property after their death. It involves creating a plan to manage and distribute a person’s assets to ensure their wishes are carried out, minimize taxes and probate costs, and provide for their loved ones.

Family Inheritance Dilemma: Passing on Assets Without Creating Financial Rifts

The Financial Dilemma of Inheriting a Home in Houston, Texas When it comes to inheritance, financial and family dynamics can often intersect in complex and emotionally charged ways. A reader in Houston, Texas shared his concern about his inherited home and how it could impact his family’s financial future. His father has passed away, and the family home has been fully paid for. His mother holds about $120,000 in liquid assets, and both he and …

Thrifting Savings Plan Peaks in 2023 with Enhanced Retirement Contributions and Assets

Washington, D.C. – The Federal Retirement Thrift Investment Board had a successful 2023 in terms of making progress toward the long-term strategic goals for the Thrift Savings Plan. With more TSP participants than ever contributing enough to their retirement accounts to receive a full match from the government, the board saw a record high of 86.8% of feds in the Federal Employees Retirement System (FERS) and 84.9% of active-duty military members in the Blended Retirement …