May 2018

02May

How investment can help deal with the pension crisis

A major global pension crisis is threatening the two main pillars of pension systems Pension systems in most developed countries are based on two main pillars. The first pillar, which is key for social cohesion, is made of public social security benefits and aims at providing a universal core of pension coverage to address the basic needs of retirement through funded public pension systems or unfunded pay-as-you-go (PAYG) systems. Read More: Financial Times

May 2, 2018
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01May

República Dominicana. Ramón Cabrera: sistema de Pensiones de RD va a fracasar

El diputado Ramón Cabrera, representante de la provincia de Santo Domingo por el Partido de la Liberación Dominicana (PLD), abogó ayer porque en el país haya un sistema de pensiones mixto, para que así se pueda proteger a los trabajadores de menores ingresos, ya que entiende que el sistema pensiones actual va a fracasar. “En los primeros 30 años de este sistema de pensiones la mayoría de los trabajadores va a salir sin pensión y la mejor muestra es que...

May 1, 2018
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01May

Las pensiones en España son las cuartas más altas de Europa respecto a los salarios

Un documento publicado el lunes por la Comisión Europea (CE) muestra que las pensiones por jubilación españolas son las cuartas más altas de Europa si se comparan el salario medio de los trabajadores. Según este indicador, las pensiones más elevadas se encuentran en Luxemburgo, seguido de Grecia, Francia y en cuarto lugar España. Según los datos de la CE, en estos cuatro países las pensiones por jubilación representan más del 100% de un salario medio de la población trabajadora. En...

May 1, 2018
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01May

UK compensation body raises levy to meet rising pension claims

Firms advising people on transferring pension schemes will have to pay a higher levy to Britain’s statutory compensation body to help meet claims from steelworkers. The Financial Services Compensation Scheme (FSCS) said it will levy financial firms 407 million pounds ($559.63 million) overall in the financial year that began last month, up 71 million pounds on the prior period. The FSCS can pay compensation if a firm is unable to pay claims against it. Read More: Reuters

May 1, 2018
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01May

Migration, social exclusion and Europe’s rapidly ageing population top agenda of regional humanitarian summit

Red Cross and Red Crescent leaders from across Europe are meeting in Kazakhstan this week to chart their response to the region’s key humanitarian challenges. The 10th European Regional Conference of Red Cross and Red Crescent Societies will bring together senior leadership of the 53 European National Societies on May 2-4 2018. Migration This is the first regional gathering of this kind since the start of the migration crisis in Europe in 2015. National Societies have been at the forefront of the continental...

May 1, 2018
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April 2018

30Apr

España. La opción de la pensión privada

El Estado español, que durante décadas nos ha obligado a participar, quisiéramos o no, en un sistema de pensiones de reparto, dice ahora que no le llega el dinero para mantener el El Paíspoder adquisitivo de las pensiones. Mientras el sistema fue excedentario, el Estado financió con él cosas distintas de las pensiones, todavía lo sigue haciendo, y ahora dice que no le llega. Yo creo que el enfado de los pensionistas está justificado. Hablan ahora de revalorizar más las...

April 30, 2018
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30Apr

Malta. The pensions myopia – Michael Briguglio

The Labour government is banking on the influx of foreign workers to finance Malta’s pension system. This is the same system which is using revenue from today’s social security contributors to pay today’s pensioners and which will therefore require tomorrow’s social security contributors to pay tomorrow’s pensioners, unless sustainable reform takes place. In the meantime, Malta is undergoing the process of an ageing population, which means that in the future there will be comparatively less workers available to finance the...

April 30, 2018
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30Apr

India’s $35 Billion Government Pension Fund Sees Stock Boost

India’s $2.3 trillion equity market has surged in recent years, and is about to get a new endorsement -- from the nation’s pension regulator. “We are pressing the government to increase the equity proportion for government employees, and expect a favorable response very soon,” from the Finance Ministry, Hemant Contractor, chairman of the Pension Fund Regulatory and Development Authority, said in an interview. The PFRDA has called for a bump to 50 percent, from 15 percent -- to match the...

April 30, 2018
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30Apr

EU Pushes Member States to Do More to Ensure Adequate Pensions

The European Union said “more needs to be done” by EU member states to ensure adequate pensions across the bloc. “Member states pay more and more attention to sustainable, adequate pensions in their reforms, but further measures will be needed in the future,” according to the latest Pensions Adequacy Report, published on Monday. “Our priority must to be to pursue ongoing reforms that encourage adequate pensions for everyone,” Marianne Thyssen, Commissioner for Employment, Social Affairs, Skills and Labour Mobility, said in...

April 30, 2018
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27Apr

Nicaragua. La mala hora de Ortega

En el momento de escribir estas líneas, el presidente Daniel Ortega y su vicepresidenta Rosario Murillo siguen enfrentando la turbulencia desatada por el aumento a un 6.25% a las cuotas de trabajadores y empleadores al Instituto Nicaragüense del Seguro Social (INSS) y una disminución de 5% de las pensiones a jubilados, para obtener un fondo de 250 millones de dólares. El gobierno debe haber calculado mal la reacción popular que ha costado casi 30 muertos, decenas de heridos y...

April 27, 2018
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