March 2018

09Mar

Chile. Superintendente de Pensiones llamó a la calma a afiliados de AFP Planvital

El superintendente de Pensiones, Osvaldo Macías, llamó a la calma tras la fuerte caída de un 44 por ciento de las acciones de la AFP Planvital en la Bolsa de Comercio de Santiago y descartó efectos para los más de un millón de trabajadores afiliados. "Hay separación entre AFP y fondos, lo que pase con las acciones de una AFP no afecta en nada a los fondos de los afiliados, hay separación patrimonial", remarcó la autoridad. Macías explicó que "en el...

March 9, 2018
Noticias
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09Mar

Australia. Pension Fund of the Year 2018

QSuper was named Pension Fund of the Year at the 2018 Conexus Financial Superannuation Awards. Labor Senator Jenny McAllister presented the award to QSuper executive general manager, strategy and performance, Glen Hipwood, at a black-tie gala dinner held at the Ivy Ballroom in Sydney on March 8. Hipwood said the QSuper team was proud to have won the award for the fourth consecutive year. Over the last 12 months, a focus for the fund has been making sure pension-aged members know about...

March 9, 2018
News
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09Mar

EU and asset managers clash over ‘sustainable’ investing plan

The European Union has proposed making it a formal requirement for asset managers to consider “sustainability” when picking investments, a move the EU’s 23 trillion euro ($28.5 trillion) funds industry swiftly dismissed as a “tick-the-box” exercise. The EU wants more money going into sustainable and “green” projects that help cut greenhouse gas emissions, as part of a wider “capital markets union” project to expand funding from financial markets for companies and growth. In an “action plan” published on Thursday, the European...

March 9, 2018
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09Mar

French Polynesia pension march attracts thousands

As part of a general strike launched by a union umbrella group two days ago, marchers this morning converged on the centre of Papeete from three directions. Police said about 4500 people took part while the union says 10,000 people marched. The government wants the assembly to adopt the reform to hike the retirement age from 60 to 62 during this afternoon's sitting of the assembly. The government said it had no option but to change pension eligibility criteria to secure the...

March 9, 2018
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09Mar

UK retirement bill up more than £1 trillion in five years as pension crisis escalates

The UK’s pension funding crisis reached a new milestone this week as the Office for National Statistics revealed that liabilities rose to £7.6 trillion at the end of 2015. The figure, which is the total amount promised to pay for Britons’ future retirement income, includes £5.3 trillion of pension entitlements that were the responsibility of central and local government, most of which – about £4 trillion – came from State Pension entitlements. The remaining £2.3 trillion were private sector employee pension...

March 9, 2018
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08Mar

Old-age Labor Force Participation in Germany: What Explains the Trend Reversal among Older Men? And What the Steady Increase among Women?

By Axel Börsch-Supan, Irene Ferrari The aim of this paper is to illustrate for Germany the factors that may explain the U-shaped pattern of older men’s labor force participation - from a long declining trend that began in the early 1970s to an increasing trend starting from the late 1990s - and at the same time the steady increase in older women’s labor force participation. In a first step, we provide graphical evidence of the trends of various variables which...

March 8, 2018
Aging, Articles, Labor Market, ,
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08Mar

Perú. Cuatro de cada 10 mujeres aportan activamente a una AFP

El rol de la mujer en el campo laboral viene evolucionando con el pasar de los años, y se refleja en el incremento del número de mujeres trabajadoras que se incorporan al Sistema Privado de Pensiones (SPP). Pues a inicios de la creación del sistema, se tuvo un total de 194.681 afiliadas, que 25 años después, se incrementaron a 2.5 millones de trabajadoras; creciendo a una tasa promedio anual de 48%. Este rápido crecimiento visto en las mujeres, demuestra ser...

March 8, 2018
Noticias
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08Mar

Chile. AFP PlanVital se desploma casi un 50% en su valor en la Bolsa y suspenden transacciones

Este miércoles, la Administrador de Fondos de Pensión (AFP) Plan Vital sufrió un fuerte desplome en el valor de sus acciones en la Bolsa de Comercio de Santiago, pasando de cotizar $9 por cada título a cerrar en $5 cada uno este mediodía. Así lo confirmó la misma Bolsa de Comercio a través de un comunicado, donde señalan que la empresa sufrió una baja del 44,44% en sus valores, por lo que la medida de autorregulación y seguridad se activó...

March 8, 2018
Noticias
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08Mar

Latvia should raise basic pension to reduce pensioner poverty

Latvia should strengthen old-age safety nets and raise the basic state pension in order to reduce pensioner poverty, especially among women, and address the challenge of a fast declining population, according to a new OECD report. The OECD Review of the Pension System in Latvia highlights the challenges facing the pension system. Latvia’s working-age population (people aged between 20 and 64 years) is expected to fall by about 20% over the next two decades, due to low fertility rates, increasing...

March 8, 2018
News
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08Mar

Stock Aversion Hurts Turkey Pension Savers, Manager Says

Turkish pension savers have an aversion to the best-performing asset class -- and it’s costing them, according to money manager Gedik Portfoy. Stocks account for just 11.7 percent of assets held in Turkish funds, the latest figures from the country’s Capital Markets Board show. That’s “too little” for individual pension investments designed to deliver long-term returns, and lower than levels in both developed countries and other emerging markets, said Halim Cun, the firm’s chief executive officer. Pension-fund investors don’t pay enough...

March 8, 2018
News
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