admin, Author at Pension Policy International

21JunJune 21, 2022

UK. LCP launches state pension NICs calculation tool

Consultants LCP have launched a tool to help the public calculate if they can benefit from topping up the new state pension by paying voluntary national insurance contributions. The amount of state pension an individual receives depends on their record of NICs and for those who reached pension age after April 5, 2016, the full flat rate pension is currently £185.15. However, for various reasons some people may receive less than this amount, and, in some cases, they may be able to...

June 21, 2022

News2022, Innovation, UK, Voluntary Savings

21JunJune 21, 2022

US. PennPSERS commits $350 million to alts

Pennsylvania Public School Employees' Retirement System, Harrisburg, approved two new alternative commitments totaling up to $350 million. The $75.9 billion pension fund's board at its June 17 meeting approved commitments totaling up to $250 million to GCM U.S. Partnership Opportunities, a private infrastructure fund managed by GCM Grosvenor, and up to $100 million to venture capital fund Greenoaks Capital Opportunities Fund V, spokeswoman Evelyn M. Williams said in an email. Penn PSERS previously committed up to $100 million to Greenoaks Capital...

June 21, 2022

News2022, Investment, US

21JunJune 21, 2022

Are You Setting Yourself Up For Unhealthy Aging?

Health experts anywhere, including those in the Federal government tell us we need to move more, sit less and eat a healthy diet, especially as we age. Yet, the majority of adults over 65 aren’t following these guidelines. What’s stopping ordinary folks from following this advice? Over half of American seniors are not getting the recommended 150 minutes a week of aerobic exercise. 150 minutes can mean walking briskly for 30 minutes five days a week. One can cut...

June 21, 2022

News2022, Aging, Health

20JunJune 20, 2022

Nuevo sistema pensional entre las propuestas del nuevo presidente de Colombia

Al ser elegido presidente de Colombia este domingo, Gustavo Petro rompió con más de dos siglos de historia de su país y se convirtió en el primer representante de la izquierda en llegar al poder en esa nación. El candidato y sus más de 11 millones de seguidores, una cifra récord, tienen sobradas razones para festejar en las próximas horas. Pero al mismo tiempo, arranca en Colombia un cronómetro implacable que le exigirá a Petro resultados amplios, contundentes y prontos...

June 20, 2022

NoticiasColombia, Reforma de Pensiones

20JunJune 20, 2022

México. Minusvalías y alta inflación “asustan” al ahorro voluntario de las afores; reporta el crecimiento más bajo en 13 años

Las minusvalías que presentaron las Administradoras de fondos para el retiro (Afores) por más de 240,000 millones de pesos al cierre de mayo y la alta inflación que se vive en el país, pudieron repercutir en el bajo crecimiento que reportó el ahorro voluntario y solidario. De acuerdo con la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar), al cierre de mayo, las Afores reportaron un ahorro total de 155,922 millones de pesos, lo que significó un crecimiento...

June 20, 2022

NoticiasAdministración de Pensiones, Mexico, Rendimientos

20JunJune 20, 2022

UK. State pension age increase doubles poverty rate among pensioners

Nearly 100,000 65-year-olds fell into poverty as the state pension age rose from 65 to 66, depriving them of an income of £142 per week as the government saved £4.9bn. According to research by the Institute for Fiscal Studies (IFS) the latest increase in state pension age from 65 to 66 meant that the absolute income poverty rate for 65-year-olds rose by 14 percentage points, or nearly 100,000 people, to reach 24% by late 2020. The higher state pension age also...

June 20, 2022

News2022, Income, Regulation, Retirement Age, UK

20JunJune 20, 2022

U.S. high yield takes a fall

By Larry Rothman With high inflation persisting, the Federal Reserve recently raised short-term interest rates by 75 basis points, the largest one-time increase since 1994. As the Fed continues hiking rates, this raises the risk that the central bank will go too far in combating inflation and tip the U.S. economy into a recession. As a result, high-yield spreads could widen further than they already have this year since cash flow would come under pressure, raising the risk of financial...

June 20, 2022

News, OP Ed2022, Pension Management, Returns, US

20JunJune 20, 2022

Gustavo Petro and Francia Márquez: A new era for Colombia

"What is coming here is real change, real change," Colombia's new President-elect, Gustavo Petro, promised his cheering supporters at his victory speech on Sunday night. As the country's first-ever left-wing leader - with a running mate, Francia Márquez, who will become the first black vice-president - Mr Petro's belief that Colombia has voted for change is hard to deny. Even before his victory, the country had voted for a departure from the status quo, with the outgoing president's nominated candidate failing...

June 20, 2022

News2022, Colombia, Pension Reform, System sustainability

17JunJune 17, 2022

Would the Securing a Strong Retirement Act Secure More Retirement Equity?

By Albert Feuer On March 29, 2022 the House approved H.R. 2954 that is titled the Securing a Strong Retirement Act of 2022 (the SECURE Act 2.0) by a vote of 414-5. On May 26, 2022, a discussion draft of the Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg (RISE & SHINE) Act of 2022 was released by the Senate Health, Education, Labor, and Pensions Committee Chair Senator Patty Murray (D-WA), and Ranking Member Senator Richard...

June 17, 2022

Articles, Regulation2022, Income, Pension Management, Taxation

17JunJune 17, 2022

LGBT CEOs and stock returns: Diagnosing rainbow ceilings and cliffs

By Savva Shanaev, Arina Skorochodova & Mikhail Vasenin This study is the first to investigate the implications of lesbian, gay, bisexual, and transgender chief executive officers (LGBT CEOs) for stock performance, using an exhaustive sample of 26 LGBT publicly listed company CEOs since 2000 to document statistically and economically significant financial outperformance of LGBT-led firms. Stocks of companies with openly LGBT CEOs generate a monthly alpha of 0.69%-1.08%, robust to portfolio weighting schemes, estimation frequency, multi-factor asset-pricing models, factor multicollinearity,...

June 17, 2022

Articles, Investment, Pension Management2022, Corporate Governance, Equality, ESG, Labor Market

June 2022