Pension Funds
Found 10 recent publications
Investment houses demand that the regulator cut distribution fees at banks
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...
Mor Investment House revenues surged, but agent commissions impacted profits
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 in a multi-billion project — and your pension is in real danger
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
After a slight decline in the second quarter - Mor Gemel raises profit forecast
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.
US Postal Service in critical condition: borrowing money from employee pensions to survive
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.
Two Months of Gains: Has the Tough Period for S&P 500 Investors Ended?
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.
Selling an asset and then buying it back at double the price: Menora's unusual move
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.
Bituach Leumi and Pension Funds: Recent Allowance Rulings
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.
Slice's Appointed Administrator Seeks to Increase Lawsuit Against Shanzer to 488 Million Shekels
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.
Pension fund investment: 330 million shekel deal in Canada
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.