December 2022

Platforms Disrupting Reputation: Precarity and Recognition Struggles In The Remote Gig Economy

By Alex Wood & Vili Lehdonvirta Digitalisation and the use of algorithms have raised concerns over the future of work, the gig economy being identified by some as particularly concerning. In this article, we draw on 70 interviews in addition to participant observations to highlight the role of gig economy platforms in producing a novel form of reputational insecurity. This insecurity is generated by platforms disrupting the traditional operation of industry reputation in freelance markets. We highlight three areas of transformation...

Intergenerational Solidarity

By Alan Gutterman Aging is a natural progression of the life cycle and society will always have persons of different ages who need to learn to live alongside one another. One of the most consistent themes in the debate regarding the realization of the human rights of older persons is the need to strengthen “intergenerational solidarity” between and among all levels of families, communities and nations in order to achieve social cohesion and a society for all ages and build...

Can Investors Save the Planet? – NZAMI and Fiduciary Duty

By Tom Gosling & Iain MacNeil Asset manager signatories of the Net Zero Asset Manager Initiative, part of the Glasgow Financial Alliance for Net Zero, have committed to investing in line with the Race to Zero goal of limiting global warming to 1.5oC with limited or no overshoot. Given that a recent report from United Nations Environment Programme says that there is “no credible pathway” in place to 1.5oC, we explore the implications for asset managers, as fiduciaries, of investing...

El Congreso de Perú destituye al presidente Castillo tras ignorar orden de disolución

El Congreso de Perú destituyó el miércoles al presidente Pedro Castillo por "incapacidad moral" y juramentó en su lugar a la vicepresidenta, en una catarata de dramáticos anuncios en este país que padece de inestabilidad política crónica. Castillo empezó la jornada como presidente y la terminó lejos del poder, bajo detención policial por el delito de rebelión tras un intento fallido de disolver el parlamento. Horas antes de que el Congreso debatiera su tercer intento para sacarlo del poder en 16...

El problema de tener más pensionistas que asalariados ya se vive en una zona de España

Las cifras de la Agencia Tributaria sobre pensiones en 2021 constatan que hay una comunidad autónoma en España que tiene más pensionistas que trabajadores. Aunque el sistema de pensiones no se vea en peligro, este cambio de tendencia ya supone un problema histórico al que los sucesivos gobiernos no se han enfrentado nunca. Calcular las pensiones cuando hay más asalariados que jubilados es relativamente fácil, el problema llegará cuando los retiros lleven a que el gasto en pensiones se incremente...

Vanguard quits Net Zero Asset Managers initiative

Vanguard Group is leaving an asset managers initiative committed to net-zero goals and will pursue similar objectives independently, it said Wednesday in a statement on its website. With roughly $8.1 trillion under management, Vanguard was one of the largest members of the Net Zero Asset Managers initiative, which as of November had 291 signatories with a collective $66 trillion under management, committed to net-zero carbon emissions by 2050. Vanguard said in its statement that it was withdrawing from the initiative it...

BlackRock adding ESG policy to its flagship U.K. DC strategy

BlackRock is formally incorporating an ESG policy into its flagship defined contribution strategy in the U.K., the asset manager said in a news release Wednesday. The LifePath U.K. series of target-date funds launched in 1997 had £9.2 billion ($10 billion) in assets under management as of Sept. 30. It provides access to 11 asset classes through index funds. Adding the ESG policy "is a continuation and evolution of LifePath U.K.'s ESG journey, which began in 2019, and reflects scheme members' requirements...

Canada’s biggest pension plan, CPPI, ends crypto investment pursuit

Canada's biggest pension fund, CPP Investments, has ended its effort to study investment opportunities in the volatile crypto market, two people familiar with the matter told Reuters. The reasons behind CPPI's abandonment of crypto research were not immediately clear. CPPI declined to comment but said it has made no direct investments in crypto. It referred to previous comments on cryptocurrency by its CEO, John Graham, in which he sounded a note of caution. Read also Swedish pension funds invest in cryptocurrency CPPI's...

Aging societies: How can we design societies that benefit older and younger people?

The success of longevity interventions is putting countries on paths to becoming aging societies, in which the number of individuals aged 65 and older is equal to the number of people aged 15 and younger. This outcome may lead to resistance to investments in healthy longevity, according to aging experts, if concerns are raised that the needs of older individuals will overwhelm societies, exacerbate ageism, and divide populations. The National Academy of Medicine in the United States addressed this possibility...

Mexicanos en el exterior podrán afiliarse al Seguro Social, informa Ebrard

Los mexicanos en el exterior, comenzando por quienes viven en Estados Unidos, podrán acceder o recuperar sus derechos ante el Instituto Mexicano del Seguro Social (IMSS) para que puedan acceder a sus servicios cuando regresen a México, y pueden realizar los trámites de incorporación en los consulados del país, informó el canciller Marcelo Ebrard, a partir de la firma de un convenio de colaboración con el director del IMSS, Zoé Robledo. “¿Qué significa? Bueno, que pueden tener acceso a los...