admin, Author at Pension Policy International

24AprApril 24, 2017

Voters furious at heartless Tory plans to raid pensions and hike taxes after the election

Angry voters have rejected Theresa May’s heartless plan to hike taxes and raid pensions after the election. A new poll shows nearly a third of people are less likely to support the Tories following Mrs May’s refusal to rule out tax rises or back the triple-lock on pensions. The resounding thumbs-down for the Prime Minister came as she dodged the press, public and awkward questions yesterday by doing a disappearing act. Instead, she sent out floundering ministers to face the music –...

April 24, 2017

NewsUK

21AprApril 21, 2017

México. Empresas, un puente para impulsar planes privados de pensiones

Para mejorar las pensiones que recibirán los trabajadores mexicanos, las empresas son la mejor opción para facilitar los planes privados de pensiones que ayuden a complementar el ahorro que reciban de su cuenta de afore al momento de jubilarse, indicaron expertos. Francisco Villa, director Comercial de Soluciones Grupales de Principal, refirió que las empresas son el puente perfecto para que los trabajadores comiencen a ahorrar de manera voluntaria, pues al descontarle un porcentaje de su salario, hay una mayor constancia...

April 21, 2017

NoticiasMexico

21AprApril 21, 2017

El Salvador. Advierten que impago pone en riesgo pensiones del ISSS y el INPEP

El Gobierno se quedaría sin financiamiento para pagar las pensiones de cerca de 160,000 jubilados de la Unidad de Pensiones del Instituto Salvadoreño del Seguro Social (UPISSS) y del Instituto Nacional de Pensiones de los Empleados Públicos (INPEP). ¿La razón? La falta de pago del dinero que los fondos de pensión ya le han prestado al Gobierno para cancelar sus obligaciones con dichos jubilados. Desde 2006, son los fondos de pensión, los ahorros de los actuales trabajadores, los que financian...

April 21, 2017

NoticiasEl Salvador

21AprApril 21, 2017

UK. Macquarie denies asset stripping plan as it buys Green Investment Bank for £2.3bn

Macquarie has insisted it will not asset strip the Green Investment Bank in the wake of its £2.3bn acquisition of the lender despite admitting it will sell off parts of the business following the controversial privatisation. The Government today announced a consortium led by the Australian bank had won the auction for GIB with a deal to buy it for £1.7bn and a pledge to meet a further £600m of the lender’s outstanding commitments. It marks a £160m premium to...

April 21, 2017

News

21AprApril 21, 2017

Inadequate pensions leave India’s elderly no choice but to work

Kamla Devi (not her real name), of advanced but uncertain age, lives in Lohari, a remote adivasi village located inside a wildlife sanctuary in Udaipur, Rajasthan. On a summer day in 2016, we approached her as she was chasing after a small herd of goats, to ask questions as part of a study on the relation between ageing, paid work and pensions. Our very first question–whether she was a beneficiary of the government's non-contributory pension scheme for the aged–irritated her....

April 21, 2017

NewsIndia

21AprApril 21, 2017

UK. Tata Steel offers £520m pensions payment in bid to secure future

Tata Steel could pay more than £500m into its UK pension scheme as part of a deal with regulators that involves the Pension Protection Fund taking a stake in the business. The Indian-owned company needs to find a solution to its pension scheme to secure the future of its UK operations, which employs 8,000 workers and includes the Port Talbot steelworks in south Wales. Tata Steel is trying to hive off its historic liabilities before merging its European steel operations...

April 21, 2017

NewsUK

21AprApril 21, 2017

México. Investigarán a todos en el mercado de bonos, incluyendo Siefores

Una investigación en el mercado de intermediación de deuda gubernamental en México podría escudriñar transacciones hechas hasta 10 años atrás de todos los instrumentos federales y estatales emitidos en busca de posibles prácticas monopólicas de operadores, dijo un funcionario involucrado en la pesquisa. Esta semana, la autoridad de competencia, la Cofece, anunció que en octubre de 2016 inició una indagatoria en busca de posibles acuerdos entre los participantes del sector para manipular un mercado que opera alrededor de 100 mil...

April 21, 2017

NoticiasMexico

21AprApril 21, 2017

Crece rendimiento de ahorro pensional en fondos privados

Unos 199 billones de pesos, equivalente al 23 % del tamaño de la economía colombiana, sumó al mes pasado el ahorro pensional en fondos privados de 14 millones de trabajadores afiliados a Porvenir, Protección, Colfondos y Old Mutual, que manejan el Régimen de Ahorro Individual. De ese monto total, un total de 122 billones de pesos se explican por las rentabilidades históricas obtenidas con la inversión de portafolio (bonos, acciones) del ahorro previsional de los colombianos, dentro y fuera del...

April 21, 2017

NoticiasColombia

21AprApril 21, 2017

What HK can learn from Taiwan’s pension fund chaos

Taipei Mayor Ko Wen-je was among those assaulted by protesters outside the parliament on Wednesday. The violent protest was triggered by President Tsai Ing-wen’s plan to reform Taiwan’s hemorrhaging pension system, which is expected to go bankrupt within three years due to excessively high benefits. Concerned that their retirement income will be cut, a large number of retired civil servants, teachers and servicemen have tried to stop lawmakers from entering the legislative complex in central Taipei. Ko became a target probably...

April 21, 2017

News, OP EdTaiwan

21AprApril 21, 2017

UK. Regulator pledges to act quickly on DB pension problems

The Pensions Regulator (TPR) has promised to act quickly when it identifies problems with defined benefit (DB) schemes. In its corporate plan for 2017-2020 TPR also said master trust regulation would be a priority. TPR will spend an additional £7.9 million in 2017-18 compared to last year, £3.5 million of which will be spent on the implementation of a master trust authorisation regime and an increase in frontline resources to tackle defined benefit failures more efficiently. The remainder is associated with the...

April 21, 2017

NewsUK

April 2017