admin, Author at Pension Policy International

31AugAugust 31, 2017

US. IRS loosens rules for retirement plans to lend money to Hurricane Harvey victims

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by allowing 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid them without incurring penalties. The IRS pointed out the relief is similar to what was provided to victims of previous disasters, including Louisiana floods and Hurricane Matthew. The IRS said 401(k) plan participants, along with employees of public schools and tax-exempt organizations with 403(b) tax-sheltered annuities, as well as state and...

August 31, 2017

News, SliderUS

30AugAugust 30, 2017

México. Se ofrecerán también pláticas informativas para empresas y dependencias en centros de trabajo

La Comisión Nacional de Ahorro para el Retiro (Consar), lanzó hoy la “Caravana del SAR”, una oficina itinerante que recorrerá diez estados de la República para otorgar asesoría personalizada y gratuita sobre cualquier tema relacionado a la cuenta AFORE. En un comunicado, la Consar dijo que la caravana brindará información a los trabajadores de 65 años o más que tienen una cuenta AFORE y no han retirado los recursos para su retiro y ofrecerá información para descargar la nueva aplicación...

August 30, 2017

NoticiasMexico

30AugAugust 30, 2017

Honduras. Vigente nueva regulación para fondos de pensiones

Los institutos de previsión social que operan en Honduras deben ajustar sus políticas de inversión para asegurar sus sostenibilidad financiera. El pasado 16 de agosto en La Gaceta 34,418 salió publicado el "Reglamento de inversiones de los fondos públicos de previsión social". El reglamento es parte de los compromisos del gobierno con el Fondo Monetario Internacional (FMI), ya que en los últimos años el Inprema y el Injupemp fueron sometidos a procesos de rescate para evitar su colapso fincanciero. La aprobación...

August 30, 2017

NoticiasHonduras

30AugAugust 30, 2017

Chile. Las AFP apuestan el 83% de su inversión local en renta fija y recursos administrados crecieron 13,2% en segundo trimestre

Este martes la Superintendencia de Pensiones publicó el informe de inversiones de los Fondos de Pensiones al segundo trimestre de 2017. El reporte entrega un panorama general de las inversiones de los Fondos de Pensiones tanto nacionales (por instrumento, por emisor y transacciones) como internacionales (por instrumento, por emisor, por administradora de fondos extranjeros, por zona geográfica y país, por moneda y transacciones). Hasta junio de este año, el reporte detalla que el valor total de los activos administrados alcanzó los...

August 30, 2017

NoticiasChile

30AugAugust 30, 2017

México. Jubilados reclaman el pago de sus pensiones

Más de mil 600 personas jubiladas del Instituto Mexicano del Seguro Social (IMSS) en Nuevo León no han recibido el pago de sus pensiones tras y temen que se modifique el contrato colectivo con el cual recibirían una cantidad menor, indicó Dino René Martínez García, coordinador nacional del movimiento “Jubilados y Pie de lucha”. “Somos 80 jubilados por mes en Nuevo León, en un año y nueve meses son más de mil 600 afectados, más lo que se jubilaron antes...

August 30, 2017

NoticiasMexico

30AugAugust 30, 2017

US. The top 1 percent have more than 200 times the retirement savings of the typical American

When it comes to retirement savings, Americans are falling short: Most families have little or nothing stashed away. That being said, some are more prepared than others, and the wealthiest Americans have significantly more in savings. According to the Economic Policy Institute (EPI), which looked at the state of American retirement in a 2016 report, the top one percent of families had $1.08 million or more stashed away in 2013. That's 216 times the median working-age family (50th percentile), which had...

August 30, 2017

News, SliderUS

30AugAugust 30, 2017

Ghana. SSNIT’s investment strategies must change now – Bright Simons

Vice President of IMANI Africa, Bright Simons, is advising Social Security and National Insurance Trust (SSNIT) to urgently change its investment strategies it is to see a turnaround from its current bleak standing. Speaking on Eyewitness News, Mr. Simons noted that about half of the money SSNIT has invested is generating negative returns. “When you look at how much SSNIT invests and the mechanisms through which it invests, you have to start becoming very worried. No wonder SSNIT itself says that...

August 30, 2017

News, SliderGhana

30AugAugust 30, 2017

Ageing population keeps Swiss millennials up at night

Switzerland’s ageing population is the most serious issue facing the country today, followed by inequality and climate change, according to Swiss millennials who took part in a survey conducted by the World Economic Forum’s (WEF) Global Shapers community. Around 63% of Swiss people aged 18-35 believe the ageing population is the most serious problem affecting the small alpine nation right now, followed by inequality (51%), climate change (38%) and loss of privacy (34%), the WEF reported on Monday. The third edition...

August 30, 2017

News, SliderSwitzerland

30AugAugust 30, 2017

South Africa. Can the average investor afford such significant underperformance?

I recently attended a board meeting of an independent financial advisor, and the following graph was included in the board pack: The Asisa average for SA Multi Asset High Equity funds over the last 12.5 years makes for interesting reading. This particular category in the Collective Investment Scheme (CIS) space averaged 363.3, which means that if a R100 was invested on December 31, 2004, a client would see an amount of R363.30 returned to him on the June 30, 2017, that...

August 30, 2017

News, SliderSouth Africa

30AugAugust 30, 2017

Pension deficit now equals 70% of UK companies’ entire annual profits fuelling retirement fears

The huge deficit in the pension funds of the UK’s biggest listed firms rocketed last year, adding to concerns over how companies’ schemes will fund workers’ retirement incomes. The gap between the expected returns of FTSE 350 companies’ pension funds and the amount they are projected to pay out jumped by £12bn to £62bn in 2016, according to new research by actuaries Barnett Waddingham. The yawning gap is equivalent to 70 per cent of the entire annual profits of those firms...

August 30, 2017

News, SliderUK

August 2017