admin, Author at Pension Policy International

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

10OctOctober 10, 2022

Crece debate por la reforma de pensiones: “Las AFP llevan 40 años haciéndole un portonazo a los chilenos”

El diputado Daniel Manouchehri, presidente de la Comisión de Economía, abordó el proyecto de ley que garantiza la propiedad de los ahorros previsionales de capitalización individual en manos de sus afiliados. El debate en el Congreso está abierto en relación al proyecto que garantiza la propiedad de los ahorros previsionales de capitalización individual sin que la ley pueda expropiarlos. Esta moción de Reforma Previsional que surgió del Gobierno, además, precisa que los fondos originados en las cotizaciones obligatorias de...

October 10, 2022

Noticias, NoticiasDiseño de Pensiones, Economía Política

10OctOctober 10, 2022

Fondos pensiones hacen progresar a los países: FIAP

La inversión de los fondos de pensiones tiene un alto impacto en la economía, en el fortalecimiento de los sectores productivos y en la mejora de la calidad de vida de las comunidades, además de cumplir con su principal fin: incrementar los ahorros de los trabajadores para un mejor retiro. Así lo plantearon expositores y panelistas del XIX Seminario Internacional FIAP 2022 “Desafíos y soluciones para las pensiones de hoy y mañana”, clausurado el pasado viernes. Tras el último panel, enfocado...

October 10, 2022

Noticias, NoticiasChile, Reforma de Pensiones

10OctOctober 10, 2022

UK. Bank of England Announces Extra Steps to Help Pension Funds

The Bank of England announced extra measures on Monday to support pension funds hit by the sharp falls in U.K. government prices in recent weeks. The Bank, which had set up a 65 billion-pound ($72 billion) liquidity facility to keep the Gilt market functioning at the end of September, said it will increase the daily limit for the auctions at which it has bought Gilts for the last two weeks. The Bank has been sparing in its purchases so far, buying...

October 10, 2022

NewsRegulation, UK

10OctOctober 10, 2022

US. Young versus old will define fight over public pensions

The market rout is exposing the vulnerability of U.S. public retirement programs and plannin The firestorm among U.K. pension funds is a wake-up call for their peers across the Atlantic. The end of an era of cheap money is exposing an industry that’s chronically underfunded and overexposed to market turbulence. Imagine a meeting of executives of a typical public pension fund following last quarter’s rout. Chief investment officer: 2022 has been brutal. Sixty percent of our fund is invested in equities, they’re...

October 10, 2022

NewsPension Management, Regulation, US

10OctOctober 10, 2022

Abu Dhabi Pension Agency: Employers are obligated to register citizens within 10 working days of their joining the service

By The Bharat The Abu Dhabi Pension Fund has called on the employers registered with it not to delay in registering the new employees who have joined them. He stressed that registering and subscribing to the fund on behalf of citizens working in the public and private sectors is a mandatory procedure for all employers that have their headquarters in the Emirate of Abu Dhabi, within the framework of complying with the requirements of the fund and the retirement law...

October 10, 2022

News, OP Ed, Op-EdAbu Dhabi, Labor Market, Occupational Pensions

07OctOctober 7, 2022

Chile. Ahorro de hogares cae a mínimos tras fin de liquidez por retiros e IFE y por el impacto de la inflación en salarios

Sin los giros de los fondos de pensiones ni las ayudas gubernamentales, la tasa de ahorro bruto de los hogares llegó en el segundo trimestre a 0,2% del PIB, registro más bajo de la actual serie, debido a un consumo mayor a los ingresos, impactados además estos por el alza del nivel de precios. De hecho, las remuneraciones reales cayeron en agosto por vigésimo primer mes consecutivo, situándose en su menor nivel desde diciembre de 2018. La situación económica de...

October 7, 2022

Noticias, NoticiasAhorro, Chile

October 2022