admin, Author at Pension Policy International

08AugAugust 8, 2017

El Salvador. Goes busca negociar con AFP salida a la crisis del sistema de pensiones

El Gobierno salvadoreño busca negociar con las administradoras de Fondos de Pensión (AFP) una solución para la crisis del sistema de pensiones. El Ejecutivo enfrenta problemas para pagarles a los jubilados del antiguo sistema y a los ahorrantes en el nuevo sistema. El presidente de la república, Salvador Sánchez Cerén, sostuvo el lunes un primer encuentro con representantes de las dos AFP que operan en el país, AFP Crecer y AFP Confía, en un intento por encontrar una salida al...

August 8, 2017

NoticiasEl Salvador

08AugAugust 8, 2017

México. Incertidumbre genera opción de jubilación de sindicato de Pemex

Incertidumbre e interrogantes viven los trabajadores petroleros de la sección 11 de STPRM, debido a las opciones que estipulo Pemex para la jubilación con el cambio al régimen de pensión de Afore. Un nutrido grupo de petroleros quienes decidieron omitir sus nombres, comentaron a la Agencia de Imagen del Golfo, que han tenido que solicitar asesoría jurídica con los abogados, con el objetivo de que analicen y expliquen de forma detallada los beneficios y contariedades para migración al Afore Banorte. Al...

August 8, 2017

NoticiasMexico

08AugAugust 8, 2017

India. Can Pensioners Be Divided Into Arbitrary Categories To Deny Rightful Pension, SC Set To Give A Ruling

The Supreme Court bench of Justices Adarsh Kumar Goel and Uday Umesh Lalit, on August 1 concluded hearing the arguments and reserved its judgment in the case of United Bank of India v United Bank of India Retirees Welfare Association & Others. This is an appeal against the Calcutta High Court’s Division Bench judgment, delivered on September 26 last year. The case raises an interesting issue on whether an invidious classification can be made between employees, who retired before...

August 8, 2017

News, SliderIndia

08AugAugust 8, 2017

Surprise fall in UK inflation wipes £9bn off pension deficits

That is according to Mercer’s latest Pensions Risk Survey data, which shows that their liabilities decreased by £4bn to £865bn during that time, while asset values increased by £5bn to £743bn. This comes after the Office for National Statistics (ONS) revealed an unexpected fall in inflation for June, which is thought to have reduced market implied inflation over July. “The trend of improvements continues during July, and was largely driven by a small reduction in market expectations for long-term inflation, which...

August 8, 2017

News, SliderUK

08AugAugust 8, 2017

EU expresses worry over Poland reviving different retirement age for men and women

The EU's executive arm, the European Commission, is concerned that reintroducing a different retirement age for men and women in Poland could violate the bloc's equality rules, according to a letter from Brussels to Warsaw seen by Reuters. Poland's ruling Law and Justice (PiS) party and President Andrzej Duda - who comes from the same political grouping - campaigned on promises to undo a 2012 reform that had been gradually raising and equalising the retirement age at 67. The government's change,...

August 8, 2017

News, SliderEU

08AugAugust 8, 2017

India. Want to invest 50% of govt staff pension fund in market, says regulator

India’s pension regulator, the Pension Fund Regulatory and Development Authority (PFRDA), has written to the government seeking approval to invest 50 per cent of the funds contributed by government employees under the National Pension Scheme (NPS), its flagship scheme in stocks. This signals a major shift considering that only 15 per cent of such funds are now routed to the stock markets. The NPS now has a corpus of Rs 198,000 crore with 87 per cent — Rs 172,260 crore...

August 8, 2017

NewsIndia

08AugAugust 8, 2017

Aging Asia: Turning Demographic Weakness to Strength

Asia’s changing demographics are expected to generate winners and losers across the region, with younger nations seen enjoying a demographic dividend while aging societies tackle the costs. Yet the future for East Asia’s ultra-aging societies might not be as bleak as feared, if policymakers can turn education, migration, and technology to their advantage. Recent research by the International Monetary Fund (IMF) highlights the expected winners and losers from aging in the world’s fastest growing region. Japan, which saw its population...

August 8, 2017

NewsAsia

07AugAugust 7, 2017

México. Mal panorama para pensionados con Afores en 2021, alerta la CTM

Sería un error pasar los recursos que administra el Infonavit (subcuenta de vivienda a las administradoras de fondos para el retiro (Afores), tal y como lo han manifestado algunas organizaciones con la finalidad de mejorar las pensiones de las personas, comentó la Confederación de Trabajadores de México. En voz de Abelardo Carrillo Zavala, director sectorial de los Trabajadores ante el Infonavit, recordó que a 20 años de que nació el actual Sistema de Ahorro para el Retiro, este esquema presenta...

August 7, 2017

NoticiasMexico

07AugAugust 7, 2017

The existential challenge of AI

Advances in artificial intelligence (AI) and robotics are reshaping the institutional investment management industry from all angles. Over the last decade, high-speed automated trading has already revolutionised the day-to-day operation of financial markets and robo-advice has revamped the way wealth managers engage with clients. AI is upending the profit models of many companies in institutional investment portfolios. Within funds, many workers with repetitive and numbers-based jobs are set to be replaced. But the biggest fallout on superannuation and pension managers...

August 7, 2017

NewsAustralia

07AugAugust 7, 2017

Nigeria. Development partners set to unlock long-term funds for infrastructure

InfraCredit, an infrastructure credit enhancement institution with GuarantCo, Private Infrastructure Development Group (PIDG), and the International Finance Corporation (IFC), collaborate to support investor capacity building, and knowledge sharing in the Nigerian infrastructure finance sector. It is expected that the successful operation of InfraCredit will address the constraints facing the Nigerian pension market, and other long-term investors, thereby increasing their involvement in investing in long-term bonds to finance infrastructure assets. At the first investor workshop under the capacity building programme held in...

August 7, 2017

NewsNigeria

August 2017