admin, Author at Pension Policy International

27AprApril 27, 2018

Chile. AFP Cuprum: “Se necesita aumentar el ahorro obligatorio individual ahora”

El máximo ejecutivo de Cuprum AFP instó a la aprobación expedita del aumento de cotización para el fondo de pensión este jueves. En el marco de la segunda Asamble de Afiliados, el gerente general Martín Mujica dijo que “las pensiones no están cumpliendo las expectativas de los chilenos y la explicación está en que el 10% de ahorro no es suficiente”. En esa línea, el ejecutivo hizo un llamado para acelerar el cambio regulatorio que aumentará el porcentaje de cotización de...

April 27, 2018

Noticias

27AprApril 27, 2018

Colombia. Candidatos presidenciales no contemplan reforma pensional integral

Uno de los temas que deberá afrontar el próximo gobierno es la necesidad de una reforma pensional en tanto el actual sistema es altamente inequitativo, tiene una baja cobertura y es financieramente inviable. En este sentido, el informe final de la Comisión de Estudio de Eficiencia del Gasto Público y la Inversión indicó que es necesaria una reforma al sistema general de protección a la vejez con el fin de superar estos problemas. Las propuestas de los candidatos presidenciales...

April 27, 2018

Noticias

27AprApril 27, 2018

México. Análisis: ¿Cuáles deberían ser las reformas al sistema de pensiones?

El futuro del sistema de pensiones en México está en discusión. Recientemente, la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) abrió un debate que cobra especial fuerza porque en el actual sexenio no hubo reformas al respecto. Así, estos posibles ajustes quedarán para la próxima administración. La duda es cuál sería el modelo a aplicar para que la vejez no implique un descenso en la pirámide social y de poder adquisitivo. En México, ningún gobierno se ha...

April 27, 2018

Noticias

27AprApril 27, 2018

US. Wells Fargo’s 401(k) Practices Probed by Labor Department

The Labor Department is examining whether Wells Fargo & Co. has been pushing participants in low-cost corporate 401(k) plans to roll their holdings into more expensive individual retirement accounts at the bank, according to a person familiar with the inquiry. Labor Department investigators also are interested in whether Wells Fargo’s retirement-plan services unit pressed account holders to buy in-house funds, generating more revenue to the bank, the person said. Read More: Wall Street Journal

April 27, 2018

News

27AprApril 27, 2018

China. Pension fund of $75 bln entrusted for investment by March

Twelve local governments have entrusted a total of 475 billion yuan ($75 billion) in pension funds to the National Council for Social Security Fund (NCSSF) for more diverse investments, of which 306.65 billion yuan had already been put into use. The Ministry of Human Resources and Social Security said Beijing, Shanxi and Shanghai were among 12 provincial-level regions to sign the contract worth 475 billion yuan by the end of March. As the financial lifeline for China's elderly, the flow of...

April 27, 2018

News, Slider

27AprApril 27, 2018

US Treasury yield curve flattening to intensify with US pension plan bond-buying

Corporate pensions are shifting a chunk of their $1.55 trillion in assets into fixed income, which may be sizeable enough to flatten the yield curve further. The funding gap, between what corporations owe in pension plan obligations and their assets, narrowed by $72.4 billion last year as the US stock market rallied and companies from Boeing Co to Verizon Communications Inc made multi-billion dollar contributions, according to a new study by Seattle-based consultants, Milliman. But as funding improves, pensions reduce their...

April 27, 2018

News, Slider

27AprApril 27, 2018

Taiwan. President, premier condemn violence

The Presidential Office yesterday condemned the outbreak of violence at Wednesday’s pension protest and vowed to continue with its pension reform, while Premier William Lai (賴清德) said the Cabinet could lead legislative efforts to toughen the penalties for assaulting a police officer. Violent lawbreakers do not represent the nation’s patriotic and loyal soldiers, President Tsai Ing-wen (蔡英文) said on Wednesday on Facebook, hours after rioters assaulted and injured 68 police officers and 16 journalists at a protest staged by the...

April 27, 2018

News, Slider

26AprApril 26, 2018

Nicaragua se alista para el diálogo tras las protestas que dejaron 34 muertos

Nicaragua evaluaba un diálogo nacional para buscar salidas a la turbulencia desatada por una ola de protestas y violentos choques con la policía que dejaron 34 muertos, aunque aún no se fijó una fecha ni se conoce quiénes participarán. El Centro Nicaragüense de Derechos Humanos (CENIDH) contabilizó hasta el martes 34 muertos, entre ellos algunos desaparecidos que fueron encontrados por familiares en la morgue del Instituto de Medicina Legal de Managua y personas que fallecieron en el hospital tras...

April 26, 2018

Noticias

26AprApril 26, 2018

Why Retirement Planning Should Be About Teaching Us How To Live In Retirement

A few weeks ago, I had the pleasure of meeting Whole Foods founder and CEO John Mackey. He engaged me in a fascinating discussion about the importance of diet in living well, drawing heavily from his new book with Drs. Pulde and Lederman, The Whole Foods Diet: The Lifesaving Plan for Health and Longevity. What I gleamed from my conversation with Mackey about his retail success was the existence of a crucial element that was consciously integrated into the design...

April 26, 2018

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26AprApril 26, 2018

Ghana. Explore alternative sources of funding pension schemes – Bawumia

Vice President Dr Mahamudu Bawumia has underscored the need for stakeholders in the pension management in the country to explore alternative sources of funding pension schemes without any entrenched positions. He said future governments would not have to resort to borrowing to pay pension benefits with its accompanying interest cost, noting that any government that borrows to pay retirement benefits could not build a resilient economy. He therefore called for prudent management of the country's pension resources, adding "it is imperative...

April 26, 2018

News, Slider

April 2018