admin, Author at Pension Policy International

29MarMarch 29, 2017

Norwegian Pension Fund Boycotts Dakota Access Pipeline Companies

Kommunal Landspensjonskasse (KLP), a $70.5 billion Norwegian pension fund, is divesting a combined $68.4 million from Phillips 66, Enbridge, Marathon Petroleum, and Energy Transfer Partners, calling the companies’ involvement with the Dakota Access Pipeline (DAPL) “an unacceptable risk of contributing to serious or systematic human rights violations.” The nearly 1,200-mile long pipeline was built to transport oil through North Dakota, South Dakota, Iowa, and Illinois. It has drawn heavy opposition over a potential risk of water contamination at the Lake...

March 29, 2017

NewsNorway

28MarMarch 28, 2017

India’s largest mobile phone company sells 10.3% of tower unit to KKR-Canada Pension Plan combine

India's Bharti Airtel has sold a 10.3% stake in its tower unit to a consortium for 61.94 billion rupees ($952 million) as the country's largest mobile phone company seeks to trim its staggering debt. The consortium, backed by private equity firm KKR & Co. and Canada Pension Plan Investment Board, paid 325 rupees per Bharti Infratel share, a 4% premium to Monday's closing price, Bharti Airtel said in a statement to the Indian stock exchanges Tuesday. Bharti Airtel, which will hold...

March 28, 2017

NewsIndia

28MarMarch 28, 2017

Invest Africa’s Pension Funds In Infrastructure, NEPAD Advocates in Nigeria

Mr Ibrahim Mayaki, Chief Executive Officer, NEPAD Planning and Coordinating Agency, has tasked African governments to commit to a roadmap that will allow pension funds to invest in infrastructure. A statement in Abuja by the communications section of the Economic Commission for Africa (ECA) disclosed this on Monday at the venue of the ongoing African Development Week which began on Thursday in Dakar, Senegal. The meeting was organized by ECA and the United Nations Economic and Social Council (ECOSOC), the statement...

March 28, 2017

NewsAfrica, Nigeria

28MarMarch 28, 2017

En Chile, ¿Es viable eliminar las AFP y pasar a un sistema de reparto tripartito?

Tras las masivas marchas en todo el país, en las que la población rechazó el sistema de administradoras de fondos de pensiones, la discusión sobre la viabilidad de un cambio en el modelo, se tomó la mesa de Mediodía en ADN. Conducido por Iván Núñez, participaron de nuestro panel el presidente de la Confusam, e integrante de la coordinadora "No más AFP", Esteban Maturana; y el académico de la Facultad de Economía y Negocios de la Universidad Andrés Bello, Víctor...

March 28, 2017

Noticias

28MarMarch 28, 2017

Qué pasó en el resto de América Latina con las AFP, los fondos privados de pensiones inventados en Chile

El sistema de administradoras privadas de fondos de pensiones (AFP) es una de las mayores y más polémicas cosas que ha exportado Chile. Desde su introducción en 1980, durante el gobierno militar de Augusto Pinochet, el sistema o alguna de sus variaciones ha sido adoptado en una treintena de países. Incluso en Estados Unidos, durante el gobierno de George W. Bush, se estudió su implementación, que a la postre fue rechazada por el Congreso. En la actualidad, el sistema privatizado de pensiones...

March 28, 2017

Noticias

28MarMarch 28, 2017

US. Plan sponsors increasingly interested in pension risk transfer

In the United States, 80 per cent of employers sponsoring traditional defined benefit pension plans are interested in pension risk transfer, according to new research from LIMRA Secure Retirement Institute. LIMRA says that in the last few years a shift has occurred in the level of interest in pension risk transfer (PRT). While eight in 10 plan sponsors expressed interest in PRT, four in 10 said they are “very interested”. This is an increase of ten per cent from a...

March 28, 2017

NewsUS

28MarMarch 28, 2017

México. Sura y Banamex ganan cuentas asignadas y reasignadas por la Consar

Sura y Banamex encabezan la lista de las Afores que recibieron las cuentas de ahorro para el retiro asignadas y reasignadas por la Comisión Nacional del Sistema de Ahorro (Consar). La Consar asignó a estas y otras Afores las cuentas de trabajadores que ya cotizan en el sistema de pensiones, pero que no elegieron una Administradora de Fondos para el Retiro en 2016. También reasignó las cuentas de aquellos que no han elegido Afore en los dos últimos años. Todas estas...

March 28, 2017

Noticias

28MarMarch 28, 2017

México. Afore Sura da mandato a Pioneer Investment

El administrador global de inversiones Pioneer Investments anunció el fondeo de un mandato en mercados accionarios globales con la administradora de fondos para el retiro (afore) Sura en México. En un comunicado, el administrador de fondos señaló que el mandato, que asciende a 200 millones de dólares, será manejado por el equipo especialista en mercados accionarios desde el centro de inversiones de Pioneer Investments en Boston. Pioneer actualmente gestiona 240,000 millones de dólares en activos y ha manejado inversiones en mercados...

March 28, 2017

NoticiasMexico

27MarMarch 27, 2017

Barbados. OPBA will provide Retirement Savings Statements

THE OCCUPATIONAL PENSION BENEFIT, OPBA, has made provision for pension plan members to be regularly informed of the status of their accumulating pension benefit. In addition, it has made provision for relatively early vesting of pension benefits and for greater portability of pension funds. Every year, the administrator of the pension plan must provide a written statement to each plan member setting out the specifics of the contributions made to the plan by the employee, if any, and by the...

March 27, 2017

NewsBarbados

27MarMarch 27, 2017

US. Retirement Planning: Boomers Navigate Impact of Financial Crisis

According to a new study, only two percent of middle-income Baby Boomers feel the economy has fully recovered from the financial crisis that began in 2007. The survey, “10 Years After the Crisis: Middle-Income Boomers Rebounding But Not Recovered,” by Bankers Life Center for a Secure Retirement, finds that Boomers' lack of trust in institutions has led to permanent financial impairment. “[Before the Great Recession] Boomers had a clear vision of what a personally satisfying retirement looked like,” said Scott Goldberg,...

March 27, 2017

NewsUS

March 2017