June 2017

Factbox: Ageing Europe could benefit from refugees and migrants – U.N.

Refugees and migrants could help Europe support its ageing population and ease the heavy burden on health and social care systems, the United Nations said on Wednesday. An ageing population is the result of increased life expectancy and lower fertility rates, and puts pressure on stretched healthcare systems, pensions and social care. One in four Europeans is aged 60 or older, with the number set to increase, at a time when mistrust of immigrants runs high in many European countries. The 2017...

México. Generación AFORE financiará pensiones de trabajadores mayores

Sin una reforma, el pago de pensiones de trabajadores que se jubilarán por el régimen de beneficio definido lo terminarán financiando quienes cotizan en el actual régimen de cuentas individuales que operan las Afores, advirtieron expertos del Centro de Investigación Económica y Presupuestaria (CIEP). En el sistema de beneficio definido, regido por la ley del Seguro Social de 1973, gran parte de la pensión del trabajador la aporta el Estado, y es equivalente a cerca de 40% de súltimo sueldo. Si...

6 Trends Seen In America’s Retirement Plans

Employer 401k matches and automatic features are a win for all involved. Anyone needing more evidence can find it in a new report that claims over 80 percent of retirement plan sponsors have opted to fund an employee match, up from 69 percent in 2015. These plans are seeing participation rates 19 percent higher than those that don’t fund a match. Additionally, plans that offer both automatic enrollment and automatic increase features have an 80 percent participation rate. It’s part of...

UK. Silence on pensions in the Queen’s Speech was a big mistake – Theresa May should have stuck to her instincts

Wednesday's Queen’s Speech was a pot-holed, broken reflection of the manifesto the Conservative Party stood on just two weeks ago. Thankfully a number of the manifesto’s egregious policies didn’t make the Queen’s final pages, but, more problematically, a number of its good ones also felt the executioner’s touch. None more so than the brave changes Theresa May had proposed on pensioner benefits and care. Proposals to means-test the universal winter fuel payment, scrap the triple lock on pensions, and the...

Mexico. Llevan al Congreso denuncias por monopolio de las Afores

Legisladores del Partido de la Revolución Democrática (PRD) y de Morena en la Comisión Permanente del Congreso de la Unión advirtieron que las prácticas monopólicas de las Afores han generado daños severos a los trabajadores asegurados en sus pensiones, ya que se han elevado artificialmente los costos del manejo de las cuentas de ahorro. Desde hace un mes diputados y senadores de ambos partidos se han pronunciado por solicitar la comparecencia Carlos Ramírez Fuentes, presidente de la Comisión Nacional del Sistema...

El Salvador. El PCN propone un Fondo solidario de pensiones con dinero de deuda

La creación de un Fondo Solidario que funcionaría desde un inicio, financiado con dinero de un préstamo que podría oscilar en $200 millones, es una de las propuestas que hizo ayer el jefe de fracción del PCN, Mario Ponce, a sus colegas diputados de la Comisión de Hacienda. De acuerdo a Ponce, lo anterior ayudaría a sostener una pensión mínima de $600 al mes y a su vez mejorarla. Esta serviría para quienes se pensionen y una vez se termine...

El efecto de la calle: AFP e Isapres son los sectores empresariales peor evaluados de Chile

El efecto de la calle y las multitudinarias manifestaciones calaron hondo en la reputación de algunos sectores. De acuerdo al estudio RepTrak Chile 2017, que hoy han dado a conocer sus autores, Reputation Institute y la consultora nacional Triangular Integración Estratégica, fueron las Administradoras de fondos de pensiones (AFP) y las Instituciones de Salud Previsional (Isapre) fueron los peores evaluados por la ciudadanía, mientras que la cooperativa agrícola y lechera, Colun, es la empresa con mejor reputación entre los consumidores. La...

UK’s Ageing Workforce Will Decide Our Future After Brexit

Here are some numbers for you to conjure with. In the 10 years to 2022, some 12.5 million jobs will be opened up in the UK through people leaving the workforce, mostly through retirement or ill-health. Over the same period an estimated two million new jobs will be created, given a fair economic wind. Yet based on the number of young people reaching adulthood, just seven million will enter the workforce. Even allowing for the vagaries of economic forecasting,...

US. More than 1,200 positions targeted for early retirement, buyouts at EPA

The Environmental Protection Agency is proposing to cut 8 percent of its workforce by early September through early retirement and buyouts. In memo of Acting EPA Deputy Administrator Michael Flynn, and obtained by Federal News Radio, he said the agency plans submitting its agency-wide VERA/VSIP proposal to the Office of Personnel Management and the Office of Management and Budget for approval later this month, with more information about which positions will be included in the program of July. Officials from the...

Europe’s Insurers, Pension Cos. Still Face Risk, EIOPA Says

The macroeconomic environment remains fragile for Europe’s insurers and occupational pensions companies despite signs of improvement in the last six months, the European Union’s top insurance regulator said on Tuesday. The European Insurance and Occupational Pensions Authority said in a financial stability report that both sectors face challenges, partly due to uncertainty caused by national elections and the U.K.’s Brexit negotiations, which began in Brussels on Monday. The industries also face obstacles due to the growing risk of terrorism and cyberattack,...