October 2022
07Oct

México. AforeMóvil ha sido descargada 13.6 millones de veces desde el 2017: Consar

Iván Pliego Moreno, presidente de la Consar, recomendó al público que descarguen la aplicación móvil puesto que es una herramienta útil y empodera a los trabajadores. Afore Móvil, la aplicación con la que los trabajadores pueden controlar su cuenta en una administradora de fondos para el retiro (afores), ha sido descargada más 13.6 millones de veces y cuenta con 10.3 millones de activaciones desde su creación en 2017, reveló la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). En...

October 7, 2022
Noticias, Noticias, ,
Read more...
07Oct

Dominicanos pueden pensionarse en 12 países gracias a convenio internacional

El ministro de Trabajo, Luis Miguel De Camps, dijo que el Convenio Multilateral Iberoamericano de Seguridad Social, permite a los trabajadores dominicanos residentes en otras naciones sumar cotizaciones para lograr pensionarse en 12 países donde se encuentra en funcionamiento. Dijo que el convenio se encuentra funcionando en Argentina, Bolivia, Brasil, Ecuador, El Salvador, España, Paraguay, Perú, Portugal, República Dominicana y Uruguay. Próximamente Colombia se unirá a este grupo de países. Read also Expertos en pensiones lanzan propuestas De acuerdo con el funcionario,...

October 7, 2022
Noticias, Noticias,
Read more...
07Oct

UK. Bank of England says pension funds were hours from disaster before it intervened

The Bank of England told lawmakers that a number of pension funds were hours from collapse when it decided to intervene in the U.K. long-dated bond market last week. The central bank’s Financial Policy Committee stepped in after a massive sell-off of U.K. government bonds — known as “gilts” — following the new government’s fiscal policy announcements on Sept. 23. The emergency measures included a two-week purchase program for long-dated bonds and the delay of the bank’s planned gilt sales, part...

October 7, 2022
News,
Read more...
07Oct

US. Study Finds Millennials Are Less Likely to be Secure in Their Retirement

New research from the Pension Research Council shows job rates, marriage and home ownership down for early millennials. Millennials may have a harder time maintaining their standard of living due to a variety of factors, according to research from the Pension Research Council at the Wharton School of Business at the University of Pennsylvania. At a glance, there is reason for both pessimism and optimism. Among early millennials, male labor force participation is down from past generations, with 89% of men...

October 7, 2022
News, , ,
Read more...
07Oct

UK Pension Fund Near-Collapse Is A Warning For America’s Pensions

Autor: Edward Siedle Around the world, there are millions of workers and retirees who are counting upon pensions set up by corporations and governments to provide for their retirement security. These individuals believe they have been “promised” certain benefits and that promises made will be kept. Unfortunately, many pensions are severely underfunded, i.e., not enough money has been set-aside to pay benefits promised. Further, the money in these pensions is all-too-often grossly mismanaged—what I refer to as “gross malpractice generally practiced.” That’s...

October 7, 2022
News, OP Ed, Op-Ed, ,
Read more...
07Oct

German cabinet approves €300 energy relief payment for pensioners

The German cabinet has approved a one-time payment in December for pensioners to provide relief for rising energy bills. The €300 payment is to be paid out by December 15th, Labour Minister Hubertus Heil, of the Social Democrats, said on Wednesday following the cabinet meeting. The cabinet also decided on a higher upper limit for people with so-called midi-jobs, which is a type of marginal employment in between a mini-job (which is generally exempt from taxes and social contributions) and...

October 7, 2022
News,
Read more...
07Oct

Leadership and sustainability: are they mutually exclusive?

As investors, we find ourselves facing a dramatically changed macroeconomic backdrop and a raft of potentially systemic risks which threaten our collective future. How do we balance our role as stewards of our clients’ money with our obligations as sustainable investors? It is a leader’s primary responsibility to provide direction, pace, and clarity of purpose. Furthermore, a leader must address conflicting priorities, make uncomfortable decisions and be prepared to deal with the consequences. A leader is also ultimately responsible for ensuring...

October 7, 2022
News
Read more...
07Oct

Disconnected: Reality vs. Perception in Retirement Planning

By Martha Deevy & Steve Vernon This report examines potential interventions and messaging that can help pre-retirees and retirees plan ahead regarding important retirement decisions. The widespread lack of forward-looking planning has vexed retirement planners and researchers for many years. Many problems in later years could have been prevented with planning ahead. Too many people put off making important decisions, only to find themselves later in a serious crisis with limited options. Our research identified interventions and messaging that could be used by...

October 7, 2022
Books, Books, Pension design, Savings, , , ,
Read more...
07Oct

Investors’ Activity in Response to Information About Their Pensions

By Amedeus Malisa This paper uses individual-level data on fund choices in the Swedish Premium Pension to analyze how investors respond to information about their pension savings. The Swedish Pensions Agency mails an annual information letter, the Orange Envelope, to investors to provide them with tailored information about their public pension accounts. This paper examines the effect of pension communication in the Swedish Premium Pension System (PPS) by exploiting the staggered roll-out of these letters across different Swedish counties. Results...

October 7, 2022
Articles, Savings, , ,
Read more...
06Oct

The Effect of Removing Early Retirement on Mortality

By Cristina Bellés-Obrero, Sergi Jimenez-Martin & Han Ye This paper sheds new light on the mortality effect of delaying retirement by investigating the impacts of the 1967 Spanish pension reform. This reform exogenously changed the early retirement age, depending on the date individuals started contributing to the Social Security system. Those contributing before 1 January 1967 maintained the right to voluntarily retire early (at age 60), while individuals who started contributing after that date could not voluntarily claim a pension...

October 6, 2022
Articles, Pension design, Retirement Age, , ,
Read more...