Pension Funds

New York City Comptroller Mark Levine reversed his campaign promise to resume municipal pension investments in Israel bonds, citing technical and financial constraints.

A new Tel Aviv University position paper warns that Israel's 3 trillion shekel pension market suffers from dangerous concentration and herd behavior, proposing to unbundle savings into banking custody, independent investment, and insurance.

The Capital Market Authority published the 2025 Service Index for insurance and pension firms. Direct Insurance, Agricultural Insurance, and Ayalon led various sectors, while Migdal and Harel lagged. Analysts note that delayed publication limits the index's immediate relevance.

The Capital Market Authority is promoting a major reform to replace HMO long-term care insurance with a personal savings model, facing opposition from the Ministry of Finance.

The Capital Market Authority warned insurance agents and a major financial institution against spreading false information to siphon pension funds from Altshuler Shaham following its acquisition by Wobi Group.

Altshuler Shaham dominates August pension and investment fund yields, sparking questions over its recent acquisition timing as long-term figures still lag behind competitors like More.

Israeli long-term savings hit a record 3.3 trillion NIS in 2025, driven by 219 billion NIS in new deposits and strong market returns. Insurance agent commissions surged 10% to 13.2 billion NIS, while management fees saw minor declines.

The Association of Investment Houses has appealed to the Capital Markets Authority and the Supervisor of Banks with a demand to re-examine pension distribution fees. The association claims: while management fees have plummeted, the bank commission has been stuck for two decades at a rate of 0.25% and prevents objective advice in default funds. CEO Nimrod Sapir: "The time has come to update the...

The investment house reported a 22% revenue growth compared to the same quarter last year, though net profit declined slightly due to higher commission payments to agents. Revenue gains were driven by expansion in provident and pension fund activities.

Nvidia CEO Jensen Huang announced, alongside executives from six of the world's largest asset management firms, a massive financing mechanism for data centers. But behind the promises of AI infrastructure lies a complex credit structure that reaches pension funds — ours, here, in Israel | All the details

Mor Gemel ve-Pensiya reported a total profit of 17.5 million shekels for the second quarter, a 3% decrease year-on-year. Despite this, the company has raised its profit forecast for 2026.

The United States Postal Service (USPS) reported a net loss of $2.5 billion in the third fiscal quarter. The agency is currently borrowing from employee pension funds to maintain operations.

Provident and pension fund investors saw another negative month, with the exception of the S&P 500 track. While Tel Aviv outperformed Wall Street in July, calculation timing and the surging dollar shifted the results. Also: insights from a dramatic earnings season for tech giants.

The insurance and finance company is buying back 5% of its pension and provident fund operations from the Allied Group for 249 million shekels, reflecting a valuation of about 5 billion shekels for the activity. Four years ago, Yitzhak Suary's Allied acquired the stake for 129 million shekels, and it will continue to hold 5% of the activity.

Attorney Yair Traibish, specializing in medical rights, shares several recent rulings regarding his clients' cases. From full disability status to the recognition of mental trauma, here are the latest updates on benefit approvals.

Effi Sandrov, the appointed administrator of the collapsed company Slice, has filed a request with the District Court to increase the lawsuit against Eshkol Guy Shanzer by 52.5%. The claim now includes ten additional defendants.

Phoenix and Menora, two of Israel's largest institutional entities, have partnered with BST Group to acquire a rental housing portfolio in Toronto for 332 million shekels. This marks the first step in a strategy aimed at a tenfold increase in assets.