admin, Author at Pension Policy International

12OctOctober 12, 2022

US. N.J. pension fund would stop investing in fossil fuels under bill moved Thursday

The movement to divest pension funds from fossil fuel companies is gaining steam in New Jersey after lawmakers advanced a long-stalled bill Thursday. "What's proposed here is sending a signal to the fossil fuel world and industry that we've gotta find different ways to live - and you, the companies that produce these fuels, you've got to help us," said Sen. Bob Smith (D-Middlesex), a prime sponsor of the bill and chair of the Senate Energy Committee. The measure (S416) would...

October 12, 2022

NewsClimate crisis, Corporate Governance, Investment, US

12OctOctober 12, 2022

UK. Bank of England’s Bailey tells pension funds they have 3 days to rebalance

Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British central bank is due to end its emergency support programme for the county's fragile bond market. Read also UK. Pension watchdog examining LDI data amid gilts crisis "We have announced that we will be out by the end of this week. We think the rebalancing must be done," Bailey said at an event organised by the Institute of International Finance in...

October 12, 2022

NewsPension Management, UK

12OctOctober 12, 2022

First-of-its-kind Golden Pension Scheme launched in UAE

By Gulf Today, Staff Reporter National Bonds, the UAE’s leading Shari’a-compliant savings and investment company owned by the Investment Corporation of Dubai, has launched the first-of-its-kind Golden Pension Scheme in the UAE in a move to ramp up its suite of financial planning solutions for nationals and residents. Developed in line with increasing demand from employers and employees, the unique initiative aims to help corporates registered with National Bonds support their employees’ financial goals. The scheme, which is targeted towards 89 per...

October 12, 2022

NewsNews, OPED

12OctOctober 12, 2022

An ageing population needs a different approach to housing and care. This is how to provide it

Our global population is ageing rapidly. By 2030, one in six people in the world will be aged 60 years old or over and the share of population they account for will rise from one billion now to 1.4 billion. In the US alone, it is estimated that nearly a quarter of the population will be 65 or older by 2060. This marks a dramatic change in the demographic structure of our communities, shifting a greater need for healthcare providers...

October 12, 2022

NewsAging

11OctOctober 11, 2022

Islandia, Países Bajos y Dinamarca tienen los mejores sistemas de pensiones en el mundo

Cada año el Mercer CFA Institute Global Pension Index (MCGPI) elabora un ranking con los mejores sistemas de pensiones del mundo. Este informe establece un listado global de los planes mejor diseñados y tiene en cuenta hasta 44 sistemas de jubilación de todo el globo. Para poder elaborarlo, valora más de 50 indicadores, que finalmente se establecen según su valor en tres subíndices: suficiencia (40%), sostenibilidad (35%) e integridad (25%). El objetivo principal de este estudio es comparar cada sistema...

October 11, 2022

Noticias, NoticiasCaracterización del sistema, Manejo de Pensiones, Regulación, Sostenibilidad, Suficiencia

11OctOctober 11, 2022

Expertos en pensiones lanzan propuestas

Con un compromiso de fortalecer la participación de la mujer, favorecer la empleabilidad de los adultos mayores y generar incentivos para que la población mayor de 65 años pueda cotizar más tiempo y al mismo tiempo sea igualmente empleable, concluyó el XIX seminario internacional de la Federación Internacional de Administradores de Fondos de pensiones (FIAP). El evento con relevantes reflexiones sobre los sistemas de pensiones de todo el mundo, organizado junto a la Asociación Dominicana de Administradoras de Fondos de...

October 11, 2022

Noticias, NoticiasAmérica Latina, Brecha de Género, Caracterización del sistema, Sector Informal

11OctOctober 11, 2022

Impact funds grow 40% over last two years, hitting $1 trillion

Impact investing has soared 40% over the past two years, according to a fresh analysis, as more money flows into strategies that actively seek to save the planet and its people. Investor allocations to impact investing, which targets specific environmental, social or governance outcomes instead of just screening for ESG risks, now stands at more than $1 trillion, according to the Global Impact Investing Network. That growth feeds into a maelstrom of discordant views around ESG that have plunged the once...

October 11, 2022

News2022, ESG, Investment, Pension Management

11OctOctober 11, 2022

Ireland. Government Pushes Ahead With Pension Auto Enrolment

The government has approved the details of its new pension auto-enrolment scheme in what Minister for Social Protection Heather Humphreys described as a "generational reform" of the Irish pensions system. The General Scheme of the Automatic Enrolment Retirement Savings System has now been referred to the Joint Oireachtas Committee on Social Protection for pre-legislative scrutiny. If passed into law, the scheme will require workers to pay into a voluntary workplace pension scheme, co-funded by their employer and the state on an...

October 11, 2022

News2022, Ireland, Occupational Pensions, Regulation

11OctOctober 11, 2022

US. Congress is still considering changes to the retirement system, including catch-up contributions

There’s still a decent chance that changes to the U.S. retirement system will be enacted before the end of the year. Despite there being just a few months left before the next Congress convenes Jan. 3 — the midterm elections will be Nov. 8 — the push to improve Americans’ ability to save for retirement is supported by both Republicans and Democrats. The proposals are collectively called “Secure 2.0” — which is a nod to the 2019 Secure Act, whose provisions...

October 11, 2022

NewsRegulation, savings, US

11OctOctober 11, 2022

Iceland, Netherlands and Denmark have the best pensions in the world in 2022

Today, Mercer and the CFA Institute released its 14th annual Mercer CFA Institute Global Pension Index (MCGPI). Iceland’s retirement income system has once again topped the list, with The Netherlands and Denmark retaining second and third places respectively in the rankings. As more employers have stepped away from defined benefit (DB) plans, the study also investigates the challenges and opportunities with the global shift towards defined contribution (DC) plans where individuals bear increased financial responsibility. The MCGPI is a comprehensive...

October 11, 2022

NewsAdequacy, ESG, Sustainability, System Characterization

October 2022