News in brief: 5 June

- LCP Ireland’s Investment Summary for May 2026 has revealed that its sample defined benefit (DB) scheme’s funding level rose to around 112 per cent during the month, reflecting a rise in asset values.

LCP’s high-risk, medium-risk and pension purchase defined contribution (DC) strategies all posted positive returns over May. Additionally, global equities rose over the month by 5.4 per cent (in local currency terms). Eurozone markets also rose over May by 4.3 per cent, while North America markets rose by 5.7 per cent (in euro terms).

Additionally, the US dollar strengthened against the euro over the month. LCP Ireland said that following a strong April, global equities delivered another positive month in May, supported by resilient macro data and strong corporate earnings. Technology stocks were the primary driver of market performance, supported by continued demand for artificial intelligence (AI)-related infrastructure and semiconductors. Growth stocks also continued to outperform value.


- The Pension Fund of Credit Suisse Group (Switzerland) has published its investment results for April 2026.

Its investment performance was 1.03 per cent in April, bringing its overall performance for the year to date to 0.51 per cent. The fund’s performance was -2.14 per cent in March 2026, 1.13 per cent in February 2026, and 0.52 per cent in January 2026.


- Finland's Seafarers’ Pension Fund, the oldest statutory earnings-related pension insurer in Finland’s private sector, published a review on 1 June to mark its 70th anniversary.

The review brings together the fund’s key milestones in its operations since its establishment in 1956. It also showed the history of maritime transport and pension security for seafarers from the 18th century to the present day. In addition to this, the fund produced a commemorative video to mark its anniversary year, which depicts the development of maritime transport and pension security, as well as the Seafarers’ Pension Fund's role in the Finnish maritime industry. The video also includes a HeiaHeia challenge for seafarers, encouraging physical activity and wellbeing-related actions. Both the video and the review can be found on the pension fund’s website.



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