July 2023
07Jul

Pensiones para todos. Propuestas para sistemas de pensiones más inclusivos en Latinoamérica.

Editado por David Tuesta y Gautam Bhardwaj Una de las tareas pendientes en Latinoamérica se centra en el desarrollo de un sistema de pensiones que sea de acceso amplio, suficiente y financieramente sostenible en el tiempo. Más allá de los diferentes grados de avance en el que se encuentran cada uno de los países, todos enfrentan similares retos internos y globales. En particular, los problemas de elevada informalidad de las instituciones y de sus mercados laborales, hace el camino aun...

July 7, 2023
Diseño de Pensiones, Libros, Libros, Reforma de pensiones, , , ,
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June 2023
10Jun

Perú. Comisión de Economía aprobó dictamen que plantea una reforma del sistema de pensiones

La Comisión de Economía, Banca, Finanzas e Inteligencia Financiera, que preside la congresista Rosangella Barbarán (Fuerza Popular), aprobó por mayoría (14 votos a favor y 9 en contra), el dictamen que reforma el sistema previsional de nuestro país. Se trata del dictamen recaído en los proyectos de ley nros. 118/2021-CR, 344/2021-CR, 551/2021-CR, 866/2021-CR, 912/2021-CR, 1356/2021-CR, 1513/2021-CR, 1595/2021-CR, 1922/2021-CR, 2047/2021-CR, 2110/2021-CR, 2278/2021-CR, 2659/2021-CR, 2718/2021-CR, 2728/2021-CR y otros, que proponen la “Ley de reforma del sistema previsional peruano”. La propuesta tiene por objeto...

June 10, 2023
Noticias, Noticias,
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May 2023
15May

México. Fitch califica de “excelente” el manejo de Afore Citibanamex

La calificadora Fitch Ratings asignó la evaluación de “excelente” al Fondo para el Retiro (Afore) de Citibanamex por la calidad de administración de inversiones, al alcanzar en el primer trimestre de 2023 un capital de 851 mil millones de pesos, equivalente a 15 por ciento de los activos gestionados por la industria. En un reporte, la firma indicó que la institución muestra solidez financiera en sus resultados a pesar de las reducciones en las comisiones que reportó el sector en...

May 15, 2023
Noticias, Noticias,
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15May

Colombia. La presidenta de la Junta Directiva de Asofondos sobre el Régimen de Prima Media: “Las matemáticas no dan”

Marcela Giraldo, presidenta de Colfondos y de la Junta Directiva de Asofondos (Asociación Colombiana de Administradoras de Fondos de Pensiones y de Cesantía), el gremio que agrupa a las cuatro administradoras de fondos de pensión privadas (Colfondos, Porvenir, Protección y Skandia), sostuvo una conversación con Infobae Colombia acerca de la reforma pensional planteada por el gobierno de Gustavo Petro, la reforma laboral y la relación del gremio con el nuevo ministro de Hacienda, Ricardo Bonilla. La dirigente gremial entregó sus...

May 15, 2023
Noticias, Noticias,
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15May

US. Debt-ceiling apocalypse could offer opportunities as well, observers say

The ongoing debt-ceiling standoff between Democrats and Republicans could result in buying opportunities for institutional investors as long as widespread faith that the two sides will eventually do whatever is necessary to avoid a U.S. debt default proves well-founded. If not, all bets are off. For now, even as the "X-date" where the government won't be able to cover all of its Treasury bonds and bills coming due approaches— as early as June by some estimates — most market participants say...

May 15, 2023
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15May

Philippines. Millions sans pension a ‘ticking time bomb’

The massive protests over the highly unpopular legislation that France passed, raising its retirement age from 62 to 64 to save its pension system, may be a window to a similar future in the Philippines, with its own “ticking time bomb” in its pension scheme. University of the Philippines School of Labor and Industrial Relations (UP-SOLAIR) professor Emily Christi A. Cabegin warned of this scenario, where the government may have to spend millions of pesos to take care of thousands...

May 15, 2023
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15May

Germany. Retirement Workers: The Solution To The Skills Shortage?

Kurt Marx repairs and maintains heating systems. He started as an apprentice almost 50 years ago. Actually, he could soon retire free of deductions. However, the service technician plans to continue working. Not for financial reasons: he likes the daily challenge of finding technical errors, he says. Above all, Marx wants to keep in touch with people. And he knows how difficult it is for his boss to find staff. “I’m probably not the exception, after all, specialists are...

May 15, 2023
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12May

Workplace sidecar saving in action

By Annick Kuipers, Jo Phillips, Will Sandbrook & Emma Stockdale As a concept, sidecar saving is designed to work with human cognitive and behavioural biases, by sequencing people’s saving to boost their financial resilience – by first, in the short term, building liquid savings, and then, for retirement, increasing contributions to pension saving. We knew immediately that this idea had the potential to address two of the biggest financial challenges for low- to moderateincome households in the UK: 1) not...

May 12, 2023
Books, Books, Pension design, ,
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12May

“Milliman’s Pension Funding Index. May 2023”

By Milliman The funded status of the nation’s 100 largest corporate defined benefit pension plans decreased by $7 billion during April, as measured by the Milliman 100 Pension Funding Index (PFI). A decrease in the benchmark corporate bond interest rates used to value pension liabilities led to an increase in these liabilities of $10 billion for the month. As of April 30, the funded ratio fell to 99.5%, from 100.1% at the end of March. April saw the funding surplus...

May 12, 2023
Books, Books, Reports, System Characterization, System Sustainability, , ,
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12May

Retirement Plan Reforms in the Absence of a Retirement Policy

By Natalya Shnitser The US retirement system is currently characterized by tremendous diversity of instruments, institutions, and intermediaries in pursuit of the same goal. While the goal – achieving financial security in retirement – is widely accepted by policymakers and participants, for individuals in the United States, the nature of the “investment” experience in the retirement context varies considerably based on the identity, savviness, and size of the intermediaries, as well as the particular legal regime to which such intermediaries...

May 12, 2023
Articles, Pension design, , ,
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