admin, Author at Pension Policy International

11OctOctober 11, 2017

México. Proponen la creación del Fondo de Pensión Rural

Clemente Castañeda Hoeflich, diputado federal de Movimiento Ciudadano, propuso en una iniciativa de reforma a la Ley del Seguro Social la creación del Fondo de Pensión Rural. En un comunicado, Castañeda justificó: “(Tendría) el propósito de que los trabajadores del campo tengan derecho a una pensión digna, el cual será previsto cada año en el Presupuesto de Egresos de la Federación, conforme a la legislación aplicable”. Y sería administrado, precisó, por el Instituto Mexicano del Seguro Social (IMSS). También, dicha medida, según...

October 11, 2017

NoticiasMexico

11OctOctober 11, 2017

Nobel Prize winner Richard Thaler may have added $29.6 billion to retirement accounts

Richard Thaler, the recent recipient of the Nobel Prize in economics, has helped retirement savers substantially in the past decade — to the tune of about $29.6 billion, perhaps, according to fellow researcher Shlomo Benartzi. Though it is hard to calculate an exact estimate on how much has been saved in retirement specifically because of Thaler’s work, which focuses on behavioral economics and how to get people to stash away more money for their futures, clearly the implementation of Thaler’s...

October 11, 2017

News, Slider

11OctOctober 11, 2017

South Africa. PIC looting concerns raise red flags for proposed state pension fund

Concerns that politicians view the Public Investment Corporation (PIC) as a cash cow will loom large over discussions to establish an overarching pension fund for South Africa. The new fund wants to consolidate the more than 5 000 public and private retirement funds into one giant mandatory institution, possibly under government control. The new centralised retirement fund or National Social Security Fund (NSSF) will centralise current retirement funds estimated to be worth R3trn. It aims to force South Africans to save for retirement,...

October 11, 2017

News, SliderSouth Africa

11OctOctober 11, 2017

Blockchain Could Revolutionize Retirement Planning

The latest industry to adopt blockchain for its operations is the pension planning industry. The retirement services industry is estimated to have a total value of pension assets of $19.1 trillion in the United States. Despite its massive size, however, the industry still operates in data silos and with Excel sheets. Blockchain could streamline operations and make it easier for pension account planners and holders to manage payouts. A paper by consulting firm Cognizant Technology Solutions Corporation (CTSH) earlier this...

October 11, 2017

News, Slider

11OctOctober 11, 2017

China. Revised rules to benefit pensions

China released revised regulation on securities insurance and underwriting on Tuesday that gives insurance funds priority to subscribe to new shares offline, a move to benefit the public and improve market-oriented stock pricing. The revised regulation said at least 40 percent of new shares placed offline should first seek public offering funds, social security funds, and basic pension funds, according to the official website of Legislative Affairs Office of the State Council. It added that a certain proportion of new shares...

October 11, 2017

News, SliderChina

10OctOctober 10, 2017

Colombia. El hueco fiscal en pensiones ascendió a $38 billones este año

Seguridad vial y pensiones, temas que preocupan a las aseguradoras Es urgente atacar el problema de las pensiones en Colombia. Y en la última asamblea de la Asociación Nacional de Instituciones Financieras (Anif), Miguel Largacha, presidente de Porvenir, dijo que "siempre hemos dicho que Colombia tiene una baja cobertura y se necesita una reforma que sea equitativa. No puede ser que todas las pensiones que da Colpensiones, o el régimen de reparto, tengan subsidios; pero como ha dicho Anif,...

October 10, 2017

NoticiasColombia

10OctOctober 10, 2017

México. Aumentará gasto en pensiones en los próximos años: Consar

El pago de pensiones generará una mayor presión fiscal en los próximos años, debido a un aumento en el número de personas que se retirarán con los sistemas de beneficio definido, destacó la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). El Anteproyecto de Presupuesto de la Federación 2018 que presentó la Secretaría de Hacienda y Crédito Público (SHCP) al Congreso de la Unión refiere un gasto estimado en pensiones para 2017 de 754.6 mil millones de pesos...

October 10, 2017

NoticiasMexico

10OctOctober 10, 2017

Goteo constante de empresas que trasladan sus sedes de Cataluña a otras zonas de España

El grupo de mensajería MRW ha decidido trasladar su sede social de Barcelona a Valencia fruto de la incertidumbre generada tras la celebración del referéndum independentista del 1-O, han explicado fuentes de la compañía. También, Colonial, tras aprobarlo en un consejo de administración extraordinario, la compañía odontológica DVD Dental, VidaCaixa, CaixaBank Asset Management y Trea Asset Management han tomado la decisión de trasladar su sede social a Madrid. Mientras, Cervezas San Miguel cambiará Lleida por Málaga. MRW, Colonial y DVD...

October 10, 2017

NoticiasEspaña

10OctOctober 10, 2017

Global Funds Eye Australia’s $1.8 Trillion Pension Pool

More global fund managers are setting up shop in Australia, drawn to the nation’s A$2.3 trillion ($1.8 trillion) pension savings pool and new local investment opportunities. THL Credit Inc., an alternative credit manager based in Boston, said in September that it hired a director in Australia. New York-based credit hedge fund GoldenTree Asset Management opened an office in Sydney last month after appointing a local managing director. Oaktree Capital Management, which already manages Australian pension money, headed Down Under last...

October 10, 2017

News, SliderAustralia

10OctOctober 10, 2017

Nigeria. Contributory Pensions Scheme Vs Pension Reform Act 2014 Amendment: A Preamble

It is clear from the One-Day public hearing on the multiple bills to amend the Pension Reform Act 2014 at the House of Representatives in Abuja on Thursday 28 September, that important stakeholders in the pensions sector, namely, the Nigeria Police Force, Nigeria Labour Congress, Trade Union Congress, Central Bank of Nigeria, Nigeria Employees Consultative Association, Securities and Exchange commission, National Pension Commission, Nigerian Union of Pensioners and Pension Funds Operators Association of Nigeria, among others, have decided to...

October 10, 2017

News, OP Ed, SliderNigeria

October 2017