SOUP kitchens serve the needy for free; restaurants serve the hungry for money. In parts of South Asia, eateries near mosques sometimes fall into a third category. They feed the poor sitting patiently outside, whenever a pious or charitable passer-by pays them to do so. Alms-giving of this kind provides one traditional safety net for the destitute in developing countries. But it is, thankfully, not the only one. Read More: Economist
French President Emmanuel Macron will stick to his plans for sweeping reforms despite strikes and street protests, he said on Thursday in his first TV interview in months, adding that he is not one to govern based on opinion polls. Since his election last May, Macron’s popularity has declined because of significant changes to France’s labour rules and a series of other reforms, including to debt-laden rail operator SNCF, taxes and parliament. “That some people are not happy doesn’t stop me,”...
Las Administradoras de Fondos de Pensiones (AFP) ya comenzaron a pagar pensiones mínimas y complementarias con fondos de la Cuenta de Garantía Solidaria, una cuenta común que se creó en septiembre de 2017 y que ya acumuló aportaciones de $62 millones de los cotizantes activos y pensionados. Esta cuenta representó una de las mayores novedades de las reformas que tuvo el sistema previsional el año pasado. Funciona como un fondo común para pagar pensiones a los afiliados de más escasos...
Bain Double Impact calls a trend: sustainable meals. Healthy eating led to sustainable foods, which led to Bain Capital Double Impact Fund’s double investment in the past week in healthy, sustainable restaurant ventures. The $390 million fund, headed by former Massachusetts Gov. Deval Patrick, is looking for what Patrick calls “big secular trends driving market opportunities around mission-driven brands and companies.” The Double Impact fund has taken an undisclosed stake in Sustainable Restaurant Group, based in Portland, Oregon, which operates five...
Danish pension fund PKA, with some $46 billion under asset management, said on Thursday it has excluded 35 oil and gas companies from its investment portfolio over failure to live up to goals under the Paris climate agreement. The excluded companies include Anadarko, Chesapeake Energy, Marathon Oil, Apache, Gazprom , Inpex, Lukoil, Rosneft and Sinopec, PKA said. The pension fund also excluded 70 coal companies from its portfolio. ($1 = 6.0201 Danish crowns) (Reporting by Jacob Gronholt-Pedersen Editing by Alison Williams). Read...
This state's attorney general is suing its governor in an attempt to overturn a controversial state employees' pension reform bill that Gov. Matt Bevin signed into law a day ago. Attorney General Andy Beshear' lawsuit claims the bill violates an "inviolable contract" within state law that protects the retirement benefits granted a public employee at the time the employee was hired. He also charges that the Legislature violated parts of the Kentucky Constitution and state laws in the rushed process...
Rosa Gabriela Espinosa Hernández (Universidad Autónoma de Nayarit) & Juan José Mendoza Alvarado (Universidad Autónoma de Nayarit) La problemática actual de las administraciones públicas en cuanto al sostenimiento de los sistemas de pensiones dentro del país, obliga a realizar una revisión teórica del contexto internacional que permita; identificar las diversas causas que propician el vencimiento de las estructuras y diseños de dichos sistemas, así como las recomendaciones que los expertos en el tema plantean, y las políticas implementadas para subsanar el...
Por Octavio García Maldonado Este estudio: Teoría y práctica de la seguridad social, tal como su nombre lo indica, es un camino por recorrer en el que se adquirirán, reforzarán y ampliarán conocimientos que enriquezcan la materia de derecho de la seguridad social. El estudio de la seguridad social no es privativo de la licenciatura en derecho. Otras carreras, cursos de capacitación y posgrados incluyen esta disciplina en sus programas, de ahí su importancia. La seguridad social como idea universal, por la...
Por Miguel Alba González Actualmente México, cuenta con una alta marginancion, en la cual existe una amplia brecha entre las zonas rurales y urbanas; pues existe la exclusión financiera para cierto grupo de personas, y por ende existe una desigualdad de oportunidades a la población para poder tener una vida digna, situación que fomenta la economía informal. El presente libro forma parte de una investigación global de la Inclusión Financiera a la intervención social, cuyo objetivo principal es reflexionar sobre...
Pensioners who buy a living annuity at retirement often consider their monthly expenses and draw an initial income that would cover these overheads. Thereafter, a common strategy is to increase the rand amount of the drawdown with inflation every year. By law, retirees are allowed to draw between 2.5% and 17.5% of their capital as income in these vehicles. But Jaco van Tonder, Advisor Services director at Investec Asset Management, argues that this is a poor income strategy. Read more @Moneyweb
