Pension funds

The overhaul comes as large numbers of so-called baby boomers are about to retire

It will increase its allocation to slightly more than 30%, from 26% currently

Only a third say they are confident of being financially comfortable in retirement

While shares have rebounded in April, markets were back on edge by Apr 9

The country’s pensions system is the world’s fourth largest and is projected to leap to second place in the coming years

The country’s largest state fund supports 25 million citizens’ healthcare, unemployment benefits and pensions

The total payout of RM79.6 billion is still higher than a year earlier

The pension fund currently has 5.1% of its balanced portfolio invested in private equity

[SYDNEY] Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates and ongoing global volatility have investors aroun...