admin, Author at Pension Policy International

29SepSeptember 29, 2017

Japan reappoints giant pension fund GPIF chief Takahashi

Japan’s government on Friday said it has reappointed Norihiro Takahashi as chief of the world’s largest pension fund, Government Pension Investment Fund (GPIF). Takahashi, 59, was first appointed as the head of the $1.3 trillion fund in April last year. He is a former executive at Norinchukin Bank, a major Japanese global institutional investor, and has expertise in fixed income management. His new term begins on Oct. 1 and runs through March 2020. In 2014, GPIF made a historic shift by...

September 29, 2017

News, SliderJapan

29SepSeptember 29, 2017

El Salvador. Asamblea da luz verde a reforma de pensiones

Tras 18 meses de estira y encoge entre los diputados por realizar una reforma a las pensiones, el acuerdo se logró sobre la base de una propuesta que fue diseñada por los partidos de oposición, como consecuencia del impasse entre el FMLN y ARENA por este tema. La reforma de pensiones fue aprobada con 74 votos. El gobierno proponía administrar la mayor parte de fondos de pensiones a través de un sistema mixto y después con la implementación de un...

September 29, 2017

NoticiasEl Salvador

29SepSeptember 29, 2017

UN’s $61 Billion Pension Fund Starts Search for New Management

United Nations Secretary-General Antonio Guterres wants to overhaul management of the global body’s $61 billion pension fund after three years of underperforming returns and contentious delays in paying retirees. The UN Joint Staff Pension Fund is seeking candidates with “more than 20 years of proven progressively responsible experience” to replace Carolyn Boykin, the former chief investment officer of the Maryland State Retirement and Pension System, who took the UN post three years ago, according to an internal job posting seen...

September 29, 2017

News, Slider

28SepSeptember 28, 2017

México. Damnificados deberían acceder a recursos de afore por sismo: experto

Las personas que se vieron afectadas por los sismos del 7 y 19 de septiembre deberían tener mayores facilidades para poder acceder a una parte del ahorro que generan para su retiro y con ello mitigar un poco el problema financiero que se les avecina, indicó Federico Rubli, ex coordinador general de planeación estratégica y proyectos especiales de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). “Entre la Consar y la Secretaría de Hacienda y Crédito Público...

September 28, 2017

NoticiasMexico

28SepSeptember 28, 2017

UK. Millions may lose promised pension payout

Three million savers in defined benefit pension schemes only have a 50/50 chance of receiving the payouts they were promised, a study has concluded. Some employers were under pressure to meet their pension obligations, the Pensions and Lifetime Savings Association (PLSA) said. High-profile cases such as the BHS collapse have highlighted concerns over the future of workplace pensions. The PLSA said one solution could be the pooling of resources into "superfunds". This would allow companies to pay a fee to transfer...

September 28, 2017

News, SliderUK

28SepSeptember 28, 2017

South Africa’s $143b pension fund safe from state abuse, says minister

Finance Minister Malusi Gigaba on Wednesday assured South Africans that funds in the hands of the Public Investment Corporation (PIC) are safe, contrary to allegations that his office is considering tapping into US$143 billion of state pension funds to finance failing state-owned firms.”I want to assure all South Africans, and every pension holder that their pensions are safe and there is absolutely no attempt to dig into their pensions for reasons that are unscrupulous,” Gigaba said. The minister’s assurance was...

September 28, 2017

News, SliderSouth Africa

28SepSeptember 28, 2017

El Salvador. Diputados acuerdan reforma de pensiones tras encerrona de casi 5 horas

El último punto pendiente de consensuar por parte de los diputados de la comisión ad hoc por reforma de pensiones fue concretado la tarde del miércoles. Se trata del 5% que planteaba ARENA, GANA, PCN y PDC, que cotizarían los trabajadores para un fondo solidario o de garantía que serviría para tener derecho a una pensión vitalicia. Sin embargo, acordaron que se reintegraría solo el 3% del fondo solidario y ya no el que pedía el FMLN. La reunión se inició...

September 28, 2017

NoticiasEl Salvador

28SepSeptember 28, 2017

UK. Consultants back ESG initiative for pension schemes

The UK pensions regulator’s guidance that pension schemes take into account environmental, social and governance (ESG) factors where they are financially material received a boost from investment consultants. Twelve investment consultant firms have agreed to ensure clients are made aware of The Pensions Regulator’s (TPR) guidance. The firms are Allenbridge, Aon Hewitt, Barnett Waddingham, bfinance, Cardano, Hymans Robertson, JLT Employee Benefits, Lane Clark & Peacock LLP, Mercer, Quantum Advisory, Redington and Willis Towers Watson. In a joint statement they said:“We believe...

September 28, 2017

News, SliderUK

28SepSeptember 28, 2017

Seguridad social, pensiones y pobreza de los adultos mayores en México

Por Araceli Damián Después de discutir el papel de los sistemas de pensiones en el capitalismo como instrumentos de redistribución del ingreso entre el capital y el trabajo y, por tanto, de la lucha de clases, se relata cómo surgieron los sistemas de pensiones en México, como parte de un Estado de Bienestar fragmentado e inconcluso, y se muestra la reducción de beneficios derivada de las reformas recientes a los sistemas de pensiones. Se concluye analizando la pobreza de la...

September 28, 2017

Artículos, Diseño de Pensiones, RegulaciónMexico, Protección Social

27SepSeptember 27, 2017

Soaring EU pensions could add £10bn to Brexit bill, accounts reveal

Britain is under pressure to add £10 billion to its Brexit bill to cover the soaring pensions of retired EU civil servants, new accounts have revealed. European Union figures published this week show that the cost of pensions liabilities rose by 5.4 per cent last year to a total of £59bn (€67bn). The overall budget liabilities the UK is expected to pay a share of - as part of the financial settlement - has also risen from €226bn to €234bn. Earlier this week...

September 27, 2017

News, SliderUK

September 2017