admin, Author at Pension Policy International

29NovNovember 29, 2022

Innovation in ESG Investing

There has never been a better time to invest based on environmental, social and governance principles. Institutional asset owners are benefiting from a menu of ESG strategies, products and capabilities that is bigger than ever before. Innovation by asset managers and increased regulatory pressure is driving ESG investing forward. Most asset owners, 85%, believe that ESG factors are material to investment policy, while 70% say ESG factors have become more material in the last five years, according to the Voice...

November 29, 2022

NewsESG, Investment

28NovNovember 28, 2022

México. Jubilación femenina: trabajan más, cotizan menos

Durante años, el sistema de pensiones en México (IMSS) se ha transformado y ha sido objeto de diversas reformas con el fin de garantizar que los trabajadores y sus familias cuenten con protección a lo largo de su vida para que, llegado el momento de la jubilación, puedan tener un retiro digno y tranquilo. Sin embargo, no todos los mexicanos tienen acceso a ella. Datos de la Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR) señalan que en...

November 28, 2022

Noticias, Noticias2022, Brecha de Género, Mercado Laboral, Mexico

28NovNovember 28, 2022

Chile. Presidente Boric obtiene un 61% de desaprobación y un 56,5% quiere eliminar las AFP

Este domingo, Activa Research entregó los resultados de su última encuesta Pulso Ciudadano y evidenció que el presidente Gabriel Boric obtuvo una aprobación de un 24,6% y una desaprobación de un 61%, mientras que un 14,4% de las y los encuestados no sabe cómo evaluar su gestión. La encuesta reveló que un 40,1% de la población está muy de acuerdo/de acuerdo con la reforma previsional presentada por el Gobierno presidente Boric. Un 27,7% está muy en desacuerdo/en desacuerdo y un...

November 28, 2022

Noticias, Noticias2022, Chile, Reforma de Pensiones

28NovNovember 28, 2022

Malaysia. Concerns over raising the retirement age

THE call for Malaysia to increase the retirement age, due to its ageing population and high number of citizens with insufficient savings, has grown louder as the Covid-19 pandemic has further eroded their savings. There are also suggestions to offer fixed term contracts, incentives for higher contributions towards savings as well as to increase the overall remuneration for employees and improve their financial literacy. Most Malaysians rely on their Employees Provident Fund (EPF) savings to sustain their expenses after retirement. The recent...

November 28, 2022

News2022, Malaysia, Retirement Age, savings

28NovNovember 28, 2022

U.S. Visions of early retirement may sway some to save more

Employers looking to spur their employees to save more for retirement might want to consider enticing them with the prospect of retiring early. It's a motivator that displayed encouraging early promise for the Federal Retirement Thrift Investment Board, the administrator of the federal government's $720 billion Thrift Savings Plan. In an initiative to coax its participants to contribute more to the plan, the FRTIB last year sent participants personalized communications that detailed how much more they would need to save each...

November 28, 2022

NewsBehavioral Science, Defined Contribution

28NovNovember 28, 2022

U.K. Pension savers ‘lost £1.7 billion on retirement transition

New research from HSBC Tomorrow Master Trust shows workplace pension scheme members are losing around £1.7 billion a year during their transition into and in retirement, due to savers choosing costly pathways to access their money. While some of this loss comes from scheme members withdrawing more than the 25% tax-free lump sum, exposing them to hefty tax penalties, many are potentially buying products that are not the optimal solution for their circumstances. The research was commissioned for a report Converting...

November 28, 2022

News2022, Income, Pension Management, savings, UK

28NovNovember 28, 2022

El Salvador anuncia una reforma en su sistema individual de pensiones

El anuncio del presidente Nayib Bukele de la presentación de una reforma al sistema de pensiones en El Salvador despierta hoy expectativas entre los probables beneficiarios. El mandatario envió el proyecto a la Asamblea Legislativa por conducto del ministro de Hacienda, Alejandro Zelaya, quien descartó que habrá nacionalización y aseguró que se mantendrán las cuentas individuales así como la cuenta de garantía solidaria (CGS) creada en 2017, según indicó una reseña del diario El Mundo. Read also El Salvador. Para que...

November 28, 2022

Noticias, NoticiasEl Salvador, Reforma de Pensiones, Sostenibilidad

25NovNovember 25, 2022

Global top 300 pension funds

By Thinking Ahead Institute and Pensions & Investments Pension fund industry trends Growth headwinds test financial and sustainability mandate resilience Has the macro reality shifted from ‘lower-for-longer’ to ‘end-of-cheap-money’? The last decade’s fear of deflation has been replaced by significantly higher inflation. A steep rate hike cycle has led to more interest rate volatility and is placing pressure on pension funds to deliver sufficient risk-adjusted returns. Pension funds are expected to face elevated macro uncertainty over the short term. The industry has...

November 25, 2022

Books, Books, Pension Management2022, Investment, Pension Management

25NovNovember 25, 2022

The Financialization of U.S. Public Pensions, 1945-1974

By Sean Vanatta This article examines a major transformation public employee pension investment in the United States, from investing public funds in public infrastructure in the 1940s and 1950s, to investing public funds in private securities—corporate bonds, stocks, and mortgages—in the 1960s and 1970s. Three factors drove this change. First, in the adjacent field of professional asset management, motivated financial elites orchestrated a shift in state-level trust law, from legally-sanctioned investment lists, which encouraged amateur investment and safety, to the...

November 25, 2022

Articles, Public Pensions, System CharacterizationFunding, Investment, KW: US, Pension Management

25NovNovember 25, 2022

PEPP: Catalyst for Pension Innovation?

By Hans van Meerten & T.J.B. Hulshoff In the past two decades, several traditional markets have been 'disrupted' by parties with new business concepts, new technology and, above all, a big focus on consumer experience. Music, video, books, taxi, hotels, banks, meal delivery; examples abound. Is the personal pension savings market up for grabs? If it is up to the EU, yes. Through new PEPP legislation. But will this actually happen? Are providers and consumers ready for this? And what...

November 25, 2022

Articles, Pension design2022, Europe, Innovation, Labor Market

November 2022