March 2017
10Mar

India. Let government staff’s pension funds to invest 50 per cent in equities

The pensions fund regulator PFRDA wants government to more than treble the investment levels in equity markets by government subscribers under the National Pension System (NPS) up to 50 per cent from 15 per cent. The regulator has sent a proposal to government seeking to allow government subscribers (state and central government employees) invest up to 50 per cent in equities under the NPS, Pension Fund Regulatory and Development Authority chairman Hemanth Contractor said. The authority manages about Rs 1.70 trillion...

March 10, 2017
News
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10Mar

Perú. AFP y el poder de la diversificación

La muy mentada frase “Nunca poner todos los huevos en la misma canasta” resume claramente el concepto de diversificación, pilar principal en el manejo de portafolios de inversión como los que manejan las AFP. Evidenciamos su relevancia cada vez que algún activo o tipo de activo del portafolio se ve afectado, como en la reciente desvalorización de la acción de Graña y Montero. Existen distintos niveles de diversificación y, con el tiempo, aparecen nuevas propuestas para lograrla de manera...

March 10, 2017
Noticias
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10Mar

México. Sindicalizados acusan a ex presidente municipal por desvío de 20mdp del fondo de pensiones

"El presidente se niega a pagar bajo el argumento de que desconoce la deuda e incluso no la tiene registrada como parte de los pendientes que dejó el anterior gobierno municipal", expresó Coache. Más de tres mil sindicalizados pararon labores en iniciaron una serie de acciones para exigir al actual presidente municipal José Antonio Hernández Fraguas atienda en lo inmediata la deuda que le dejó su antecesor, Javier Villacaña Jiménez. En conferencia de prensa, Hernández Fraguas señaló que en su momento...

March 10, 2017
Noticias
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10Mar

Does Financial Regulation Unintentionally Ignore Less Privileged Populations?

By Maya Haran Rosen & Orly Sade (Hebrew University) In 2014, the Israeli insurance and long term savings regulator reached out to the Israeli population to help individuals find inactive retirement plans and withdraw inactive funds. We find that the government's effort did not result in withdrawals of the majority of the accounts, and did not reach all subpopulations equally. Provident fund records indicate that those who took financial action and withdrew funds following the campaigns live in localities in...

March 10, 2017
Articles, Labor Market, Regulation, , ,
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10Mar

The Benefits of the Canadian Model to Headline the Best Practices in Pension Fund Management at the 2017 Pension Bridge Annual Conference

Many of the most influential governing and lead plan sponsor investors from the institutional investment industry will be providing their valued insights at the Pension Bridge Annual Conference in San Francisco. The industry’s only controlled attendance structured event will be held on April 18th and 19th at Four Seasons Hotel, San Francisco. The exclusive conference will attract over 225 pension plans, corporate funds, foundations, endowments and consultants, while limiting the investment manager firms. Jim Keohane, President and CEO of the...

March 10, 2017
News
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09Mar

AFP: El nuevo gerente de Graña y Montero está en evaluación

Las pérdidas por más de S/800 millones en los fondos de pensiones, a causa de las acusaciones de corrupción contra la empresa Graña y Montero, han puesto en tela de juicio la debida diligencia que tienen las AFP en cuanto a las inversiones que realizan. AFP Integra es la gestora con mayor participación en el accionariado de dicha compañía. ¿Pasó la tormenta del caso Graña y Montero? Es difícil saber eso. Creo que se han dado pasos muy importantes como dividir...

March 9, 2017
Noticias
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09Mar

Solo el 27,1% de trabajadoras aporta a un sistema de pensión

Desde el inicio de operaciones del Sistema Privado de Pensiones (SPP), en 1996, el número de mujeres afiliadas se ha incrementado en casi cinco puntos porcentuales, al pasar de representar el 33,2% al 38% del total. Además, en los últimos cinco años la tasa de crecimiento acumulado de mujeres afiliadas se ha elevado en 35,5%, en comparación al grupo afiliados hombres, que creció en 23,5%. La edad promedio de las mujeres al afiliarse a un sistema de pensión es de 37...

March 9, 2017
Noticias
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09Mar

Lack of pension equality for same-sex couples ‘is sexual discrimination’

Denying equal pension rights to a same-sex husband – as opposed to a wife – amounts to direct, sexual discrimination, the supreme court has been told in a test case which could affect thousands of couples. The claim at the UK’s highest court on Wednesday is being brought by John Walker, a former cavalry officer, who is determined to win pension rights for his husband. Walker, 65, wants to ensure that, should he die first, his 52-year-old husband will be adequately...

March 9, 2017
News
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09Mar

Sustainability vital for China’s pension funds

China is home to more than 220 million people over the age of 60 in China, or 16.1 percent of the population, and the numbers are growing. As the population ages, the country faces the challenge of building a more sustainable pension system. Since late 2016, China has invested an initial 360 billion yuan (about 52 billion US dollars) of pension insurance funds from seven provincial-level regions in financial markets. As the financial lifeline for China's elderly, the flow of that...

March 9, 2017
News
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09Mar

Older Americans may have to postpone retirement under Republican health bill

The House Republican bill to replace the Affordable Care Act (ACA) would allow insurers to charge older workers health insurance premiums five times as much as younger ones and give states the option to set their own ratio, according to published reports. Under the ACA, also known as Obamacare, plans can charge their oldest customers only three times the prices charged to the youngest ones. Given that possible change, experts say pre-Medicare workers are likely to stay in their jobs longer...

March 9, 2017
News
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