January 2018

22Jan

Indians best at retirement plans: Survey

Indian workers are more confident of managing retirement in 2017 as compared to three years earlier. However, they are much more worried about health in retirement compared to their global peers. According to Aegon Retirement Readiness Survey 2017, Indians continue to be the best placed in superannuation preparedness among respondents from 15 countries. The Aegon Retirement Readiness Index (ARRI) measures the preparedness and aspirations for retirement based on six parameters — personal responsibility, awareness, financial understanding, superannuation planning, financial preparedness...

January 22, 2018
News
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22Jan

México. Una reforma en pensiones debe dar incentivos al ahorro voluntario: Sura

En caso de que se realice una reforma al sistema de pensiones es necesario que se considere crear beneficios fiscales en el ahorro voluntario para mejorar las pensiones que recibirán los trabajadores al concluir su vida laboral, indicó Pablo Sprenger, CEO de Sura en México. “El ahorro voluntario debe impulsarse; por ejemplo, en Chile una persona puede tener hasta un beneficio de 40% de su ahorro. Si el trabajador ahorra 10 pesos, le cuesta 6 pesos; es decir, con 6...

January 22, 2018
Noticias
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22Jan

Chile. Licitación de afiliados de AFP y fin de un proceso

Tal como lo adelantaba el mercado, la licitación de cartera de nuevos afiliados del sistema de pensiones se declaró desierta. Las administradoras de fondos de pensiones (AFP) apostaban a que la actual comisión cobrada por AFP Planvital (0,41%) hacía insostenible hacer una oferta mejor. Es que cualquier AFP existente que se adjudicara el proceso debía, obligatoriamente, rebajar el cobro a su stock de afiliados, haciendo muy difícil la participación. El fallido proceso se traduce en que Planvital se quedará con...

January 22, 2018
Noticias
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22Jan

UK. Universities face disruption as union calls strike over pensions row

Universities across the UK are to face major disruption after workers voted to go on strike in a row over pensions. Of the 58% of University and College Union members who voted, 88% were in favour of strike action, with 93% approving of some other form of industrial action as talks with Universities UK over changes to the existing pensions scheme failed to deliver a solution. Universities UK (UUK) - the representative organisation for the country's universities - wants to change...

January 22, 2018
News, Slider
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22Jan

Perú. MEF usará este año ahorro fiscal para la reconstrucción

En diciembre del año pasado los ahorros fiscales se redujeron en US$4 mil millones. La mitad de esos recursos salió del Fondo de Estabilización Fiscal (FEF), pero esos recursos no han sido utilizados para financiar el déficit público del 2017, sino que se destinarán a las obras de reconstrucción del norte del país, según el Ministerio de Economía y Finanzas (MEF). El director de Política Macroeconómica del MEF, Carlos Montoro, explicó que ese dinero será ejecutado en los próximos meses....

January 22, 2018
Noticias
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22Jan

The Retirement Survival Guide: How to Make Smart Financial Decisions in Good Times and Bad

By Julie Jason Given today’s dire headlines, planning a secure retirement has become a more critical task than ever. This revised edition of Julie Jason’s award-winning guide—updated to reflect current laws and statistics—will help Americans seeking safety and stability in a time of economic change. In addition to showing those on the verge of retirement how to create their own “personal pension,” investment educator Jason deftly guides prospective retirees through the otherwise bewildering process of evaluating their needs, anticipating future...

January 22, 2018
Books, Investing, Pension design, Savings, , ,
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22Jan

Eurasian Economic Perspectives: Proceedings of the 20th Eurasia Business and Economics Society Conference

By Mehmet Huseyin Bilgin,‎ Hakan Danis,‎ Ender Demir & Ugur Can This volume presents selected papers on recent management research from the 20th Eurasia Business and Economics Society (EBES) Conference, which was held in Vienna in 2016. Its primary goal is to showcase advances in the fields of public economics, regional studies, economic development and inequality, and economic policy-making. Reflecting the contemporary political climate, many of the articles address the effectiveness, relevance and impact of European Union policies. In addition,...

January 22, 2018
Books, System Sustainability, ,
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22Jan

The Blended Retirement System

By Patrick Weinert For over a century, the military services have provided pensions to active duty members that served 20 years. On January 1, 2018, the military broke with a long tradition and instituted a Blended Retirement System (BRS). This system is designed to enable service members to take some retirement savings with them if they depart before serving 20 years on active duty. Today, many service members have the option to stay with the traditional pension or enroll in...

January 22, 2018
Books, Pension design, Savings, ,
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22Jan

Towards a New Pensions Settlement: The International Experience

By Gregg McClymont,‎ Andy Tarrant In a world of ageing populations, and in the midst of a global shift from defined benefit (DB) to defined contribution (DC) pensions, the onus is increasingly on individuals rather than employers to bear the risks of retirement provision. This book weighs the experiences of eight nations across the Americas, Asia and Europe, who have in common early adoption of DC pensions, but very different experiences of mitigation of that risk by the state, either...

January 22, 2018
Aging, Books, Pension design, System Sustainability, ,
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22Jan

The Devil You Know: A Survey Examining How Retail Investors Seek Out and Use Financial Information and Investment Advice

By Christine Sgarlata Chung (Albany Law School) Everyday, people across the United States make decisions that will affect their financial futures — e.g., borrowing money to buy a house, go to college, or start a business; investing in the stock market to save for retirement; using check cashing services or payday lenders rather than accounts at banks or credit unions for day-to-day banking needs, and the like. Traditional tenets of financial economics and investment theory assume that people make fully...

January 22, 2018
Articles, Investing, Labor Market, Savings, , , ,
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