March 2017

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
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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
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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
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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
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09Mar

UK. L&G Operating Profit Rises 7 Percent on Boost From Pension Unit

Legal & General Group, the UK’s largest manager of pension assets, posted a 7 percent increase in full-year operating profit after earnings jumped at its retirement division. Operating profit advanced to 1.56 billion pounds ($1.9 billion) from 1.46 billion pounds a year earlier, according to a statement Wednesday. That compares with the average 1.62 billion-pound estimate of 21 analysts surveyed by L&G. Operating profit at the retirement division rose 27 percent, while earnings at the investment management unit increased 3...

March 9, 2017
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08Mar

Problems of Reforming the Institute of Early Pensions for Work in Harmful and Hazardous Conditions

By Yury Mikhailovich Gorlin, Nadezhda Galieva, Elena E. Grishina, Marina A. Eliseeva, Vladimir Kartavtsev & Anna Cheremnykh (RANEPA) One of the main lines of the strategy for long-term development of the pension system of the Russian Federation, approved by the Resolution of the Russian Government is the reform of early retirement institute. In this area Russian Government set an additional tariff of insurance premiums for employers who offer hazardous work; a special assessment of the working conditions is being made,...

March 8, 2017
Articles, Labor Market, Pension design, Regulation,
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08Mar

Embedded Flaws of the Bulgarian Pension Funds or the Code Against the Insured

The Bulgarian pay-as-you-go publicly managed pension system is complemented by default and voluntary defined contribution pension funds, managed privately. The regulatory regime of the private pension funds is such that turns them into: unsuitable, uncompetitive and ineffective pension products. Privately managed pension funds are unsuitable, because they are not aligned with the investment horizon and the risk tolerance of individual investors. They are uncompetitive since their track record is of delivering below market returns for above market fees and charges....

March 8, 2017
Articles, Pension design, Regulation,
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08Mar

Afores crecieron siete mil 232 millones de pesos en febrero

Al segundo mes, el ahorro para el retiro de los mexicanos en las Afores creció en siete mil 232 millones de pesos respecto a enero, con lo que suma tres meses consecutivos de plusvalías, de acuerdo con la Comisión Nacional del Sistema de Ahorro para el retiro (Consar). Las cifras actualizadas del órgano regulador, publicadas hoy, muestran que el saldo total en el Sistema de Ahorro para el Retiro (SAR) alcanzó dos billones 816 mil 053 millones de pesos al...

March 8, 2017
Noticias
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