Oil-driven sovereign wealth funds have sold between $100bn and $150bn in equities in recent weeks.
The $1.5trn Government Pension Investment Fund (GPIF) has adopted a new portfolio, increasing its allocation to foreign bonds and reducing domestic bonds.
Reversing past pension reforms would be costly and would put a disproportionate burden on current and future generations.
A recent case examined by the Court of Appeal of Arnhem-Leeuwarden in the Netherlands has determined whether a foreign firm employing Dutch lorry drivers shall pay contributions to the local industry pension scheme.
Government Pension Investment Funds, Japan’s largest pension fund, will team up with the German development bank KfW to increase investments in green bonds.
Danish Financial Supervisory Authority (Finanstilsynet) will monitor developments in the pension sector closely, following the Covid 19 impact, with weekly monitoring and stress tests.