Los fondos privados de pensiones, la banca privada y el Banco Central de Honduras son los principales tenedores de los títulos de valores gubernamentales o deuda interna, como se les conoce. Fuente: El Heraldo
Los funcionarios de la Administración General del Estado han cambiado la estrategia de su plan de pensiones en los últimos meses. Según el último informe publicado por su gestora, BBVA, los empleados públicos han triplicado su apuesta por los ETFs (fondos cotizados que replican índices con bajos costes) de renta fija desde septiembre del año pasado. El plan cuenta con un patrimonio de 644 millones de euros, de los que cerca de un 60% está colocado en bonos. Un peso...
For decades, when cash was scarce, corporate pension-plan sponsors have made in-kind contributions -- non-cash assets such as securities and real estate -- to fund their retirement plans. US Steel, for example, contributed 170,000 acres of timberland to meet its pension liabilities. General Motors used securities from a subsidiary company. Facing bankruptcy, Pan American World Airways transferred the lease for its flagship terminal at New York's Kennedy Airport to its pension funds. These private-sector plan sponsors looked to their...
Washington has a knack for ignoring long-term financial shortfalls and painting overly rosy scenarios about the future to make their numbers work in the here and now. Case in point: Donald Trump’s unrealistic projection that the U.S. economy will grow at 3% this year, when the latest GDP forecasts have actually been reduced to 1.8% by a number of economists. Then there is Social Security. Many politicians are just too intimidated, uninformed or complacent to tackle the unsustainability of Social Security...
US insurers are buying corporate pension plans at a record clip as rising interest rates and all-time high stock-market values give companies the perfect excuse to offload them. “The movement is expected over time to transform the management of pensions for employers, which can slash their exposure to the volatility of the stock and bond markets, as well as for the insurance industry, which gains a source of growth at a time when some traditional businesses are slipping,” The Wall...
Iceland lifted its remaining capital curbs on Tuesday, ending more than eight years of controls on businesses and citizens put in place after its banks collapsed during the financial crisis. Icelandic lenders buckled under the weight of huge debts amassed over years of overseas expansion, spreading instability through other European nations and making the country a symbol of the excesses that helped to trigger the financial crash. The government started dismantling capital controls last year by easing restrictions for local residents...
By Olga Fuentes; Jeanne Lafortune; Julio Riutort; José Tessada Félix Villatoro We randomly offer to workers in Chile personalized versus generalized information about their pension savings and forecasted pension income. Personalized information increased the probability and amounts of voluntary contributions after one year without crowding-out other forms of savings. Personalization appears to be very important: individuals who overestimated their pension at the time of the intervention saved more. Thus, a person’s inability to understand how the pension system affects them...
Los trabajadores que estén a punto de solicitar su pensión recibirán un documento que les permitirá conocer qué aseguradora les conviene más, pues través de ella recibirán la renta vitalicia, es decir, el dinero que se les entregará cada mes, una vez que concluyan su vida laboral. La Comisión Nacional del Sistema de Ahorro para el Retiro (Consar), explicó que tanto el IMSS como el ISSSTE deberán poner a disposición de los trabajadores el “Documento Oferta” para que conozcan a...
S.C. lawmakers eventually could walk away from the state’s pension plan. In passing a fix to the state’s underfunded pension system, the state Senate last week approved closing the current retirement system to new employees once it is made financially whole. But that could take about 30 years, officials estimate. Still, lawmakers are planning to explore changing the retirement options for state and local government employees, including teachers. A special panel already has agreed to look at who is eligible to...
By Truman G. Packard (World Bank) There is increasing concern among policymakers that social security reforms that involve a transition to individual retirement savings accounts may exclude certain groups of workers from coverage against the risk of poverty in old age. While most public pay-as-you-go systems pool the risk of interrupted careers and periods of low earnings over the covered population, the reformed systems shift the burden of these risks to the individual. Adequate coverage under a system of individual...
