September 2022

UK. Early pensions access could encourage people to save, says ACA

Younger generations could be encouraged to save more for the long-term if the state allowed them to dip into their retirement savings early in order to cover urgent essential expenditure. This is according to evidence submitted by the Association of Consulting Actuaries for a Treasury Select Committee inquiry examining whether the current suite of tax reliefs represent good value for money. The ACA said too many people currently do not have a cushion of adequate immediate-access savings that would cover unexpected...

US. Why Intelligent Aging Should Be Healthcare’s Moonshot

Tom Lawry is the National Director for Artificial Intelligence, Health and Life Sciences at Microsoft. “It’s not how old you are, it’s how you are old.” – Jules Renard, French author. It was the summer of 1965 when Medicare was signed into law, guaranteeing that the federal government would manage the provision and cost of medical care for all seniors. In doing so, President Lyndon Johnson proudly declared: “No longer will older Americans be denied the healing miracle of modern medicine....

México. Administradoras de fondos manejan 5.05 billones de pesos

Las minusvalías no son pérdidas, a menos que los trabajadores realicen traspasos o retiren recursos de la afore en este periodo. La Consar reportó que la minusvalía acumulada entre enero y agosto del 2022 suma 304,657 millones de pesos. Mientras que solamente en agosto la minusvalía fue de 71,058 millones de pesos. El regulador, a cargo de Iván Pliego Moreno, ha mencionado que la naturaleza de las inversiones es variable y es por eso que durante este año han existido minusvalías...

Perú. Fondos AFP aún registran caídas de hasta -5,45% en agosto

No obstante, rentabilidad tuvo mejor desempeño que en el mes previo. Tendencia a la recuperación continuaría. En agosto, la rentabilidad de los fondos AFP continuó en negativo; no obstante, se registró una ligera desaceleración y llegó hasta una caída de -5,45%, tras un máximo de -9,69% en julio, según el último reporte de la Superintendencia de Banca, Seguros y AFP (SBS). En línea con la tendencia de los últimos meses, el menor rendimiento se registró en el fondo 1, cuya rentabilidad...

Chile. Retiro excepcional de fondos de AFP en contexto de crisis: ¿En qué consiste indicación presentada por diputados?

¿Qué pasó? En el marco del proyecto del Gobierno que busca garantizar, vía reforma constitucional, la inexpropiabilidad de los fondos de pensiones, dos parlamentarios ingresaron una indicación que permitiría llevar a cabo retiros excepcionales y parciales dentro de un contexto de crisis. ¿En qué consiste la indicación? En conversación con Meganoticias Alerta, los diputados independientes, Jaime Araya y Carlos Bianchi, que son impulsores de la iniciativa, explicaron detalladamente en qué consiste y a quiénes beneficiaría, ya que el actual proyecto del Ejecutivo...

Over 75s make up over 15% of Japan’s population for first time

The share of Japan's older adult population, those over age 65, has been increasing every year since 1950 and is expected to reach 35.3% of the total population in 2040. For the first time, Japan's over 75s account for over 15% of the population, after their cohort rose by 720,000 to 19.37 million people, government data released Sunday showed, in further evidence of the country's rapidly graying society. Also hitting a record high this year was the number of those over...

France’s far right to oppose Macron’s pension reform, Le Pen warns

French far-right Rassemblement National leader Marine Le Pen said on Sunday that her party will vote against President Emmanuel Macron's pension reforms and against the 2023 budget. "We will oppose Emmanuel Macron's pension reform plans that are unfair and will divide (the country)," Le Pen told a party meeting in Cap d'Agde in southern France. Macron wants to start implementing the reforms, which mainly consist of a progressive rise to 65 of the legal retirement age, next summer. France's far right scored...

Australia. Millions to get cash boost

Millions of Australians are in for a welcome boost on Tuesday, with Centrelink payments set to rise in response to growing inflation. Centrelink payments will increase on Tuesday for millions of Australians as an indexation increase to match cost of living pressure kicks in. The payment increase is set to be the biggest in 30 years and will benefit aged pensioners, disability support pensioners, carers and those on JobSeeker and Rent Assistance among others. Single parents will receive an extra $35.20 per...

US. Delivering on Sustainability in the Institutional Markets

Clear intentions and transparent actions support ESG alignment with institutional clients To ensure durability and sustainability in the institutional markets, all participants — from clients to asset managers, financial professionals and solution providers — should adopt both financial and environmental, social and governance (ESG) objectives with a long-term view. With many institutional investors using an ESG lens when they select and work with asset management and financial firms, they are interested both in how their asset managers incorporate ESG investing...

Protesters in Austria demand high salaries and bigger pensions

Across several Austrian cities people took to the streets to protest the high cost of living. According to workers unions organizing the event, more than 32,000 demonstrators participated on Saturday. "It's really hard for me to afford my apartment with the high gas and electricity prices," university student Alexandra Schwarz told CGTN at Vienna's Schweizergarten. "I can't afford groceries," another young woman added. Among higher salaries and bigger pensions, Austria's unions are demanding solidarity between their employers and the government. Many signs...