admin, Author at Pension Policy International

23MayMay 23, 2022

ESG factors increasingly put into hedge funds

Interest and investment in hedge funds that incorporate environmental, social and governance factors are on the rise among U.S. investors, although demand still trails that of European investors. While some hedge fund firms have included one or more ESG factors in their investment strategies for years or have created dedicated ESG funds, others still are evaluating the efficacy and return potential of investment in portfolio companies that meet ESG standards, sources said. "There are two ways to do ESG. You can...

May 23, 2022

News2022, ESG, EU, Investment, US

20MayMay 20, 2022

Propuesta de las AFP: Crear Bono de $1 Millón por Nacimiento y que Parte Vaya a Ahorro de Vivienda

Las administradoras de fondos de pensiones expusieron este jueves en la consulta técnica que está realizando el Ministerio del Trabajo en el marco de los diálogos sociales para la reforma previsional. Para incorporar en el ahorro para la futura pensión a los trabajadores independientes propusieron que parte del IVA por consumo sea cotización. ¿Qué observar? Las seis administradoras que forman parte de la Asociación de AFP expusieron ante el subsecretario de Previsión Social, Christian Larraín, su visión sobre el sistema...

May 20, 2022

Noticias2022, Chile, Diseño de Pensiones

20MayMay 20, 2022

Perú. Retiro AFP 2022: Ejecutivo firmará este viernes autógrafa que permite desembolso de hasta S/ 18.400

Ministerio de Trabajo y Promoción del Empleo (MTPE) invitó a la ceremonia a la congresista Digna Calle por ser la impulsadora de esta medida. El presidente Pedro Castillo firmará este viernes 20 de mayo la ley que faculta el retiro extraordinario de los fondos privados de pensiones de hasta 4 UIT (S/ 18.400) en el contexto de la pandemia del COVID-19, así lo anunció el Ministerio de Trabajo y Promoción del Empleo (MTPE). En un oficio, el MTPE invitó al evento...

May 20, 2022

Noticias2022, Perú, Retiro de Fondos

20MayMay 20, 2022

China’s private pension scheme to draw US$17.8 billion a year from savings accounts into asset management

China’s newly expanded private pension scheme will inject at least 120 billion yuan (US$17.8 billion) a year into the country’s asset-management market, according to analysts, as China Citic Bank becomes the first Chinese lender to apply for a licence to offer pension accounts in the scheme’s pilot programme. Read Also China: Big Four banks to pilot private pension scheme Under the scheme, unveiled in April, workers will be able to deposit up to 12,000 yuan per year into personal accounts that...

May 20, 2022

News2022, China, Investmwnt, Private Pensions

20MayMay 20, 2022

UK. People with disabilities ‘have pension savings worth third of average pot’

Pension savers with disabilities typically have savings worth only around a third of the average pot as they approach retirement, a study has found. People aged 60 to 64 with a disability have £47,980 saved on average, according to research by the Pensions Policy Institute. This is only around 36% of the average UK pension pot size of £130,928 – a difference of nearly £83,000. The research was commissioned by pension provider NOW: Pensions, which said there are just over four million...

May 20, 2022

News2022, Equality, Labor Market, UK

20MayMay 20, 2022

CPPIB returns net 6.8% for fiscal year

Canada Pension Plan Investment Board returned a net 6.8% for the fiscal year ended March 31, the Toronto-based board announced in a news release Thursday. CPPIB, which manages the assets of the Canada Pension Plan, said the pension fund's net assets increased to C$539 billion ($431.8 billion) from C$497 billion a year ago. It added that the C$42 billion increase comprised $34 billion in net income and $8 billion in net transfers from the plan. The portfolio achieved five-year and 10-year...

May 20, 2022

News2022, Canada, Pension Management

19MayMay 19, 2022

Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security

By Krzysztof Makarski, Joanna Tyrowicz & Oliwia Komada We study interactions between progressive labor taxation and social security reform. Increasing longevity puts fiscal strain that necessitates the social security reform. The current social security is redistributive, thus providing (at least partial) insurance against idiosyncratic income shocks, but at the expense of labor supply distortions. A reform which links pensions to individual incomes reduces distortions associated with social security contributions, but incurs insurance loss. We show that the progressive labor tax...

May 19, 2022

Articles, Savings, System Characterization2022, Pension Reform, Poland, Social Security, Taxation

19MayMay 19, 2022

Top-Income Adjustments and Official Statistics on Income Distribution: The Case of the UK

By Stephen P. Jenkins UK official statistics on income distribution have incorporated top-income adjustments to household survey data since 1992. This article reviews the work undertaken by the Department for Work and Pensions and the Office for National Statistics, and the academic research that influenced them, and reflects on the lessons to learn from the UK experience. Source: SSRN 458 views

May 19, 2022

Articles, Savings, System Characterization2022, Equality, Income, Taxation, UK

19MayMay 19, 2022

The Economic Well-Being of LGBT Adults in the U.S. in 2019

By CLEAR The Federal Reserve Board has conducted the Survey of Household Economic Decisionmaking (SHED) since 2013. In 2019, the survey included LGBTQ people by asking U.S. adults about their sexual orientation and gender identity (SOGI), enabling for the first time the creation of a picture of the economic well-being of LGBT households using the SHED data. Analysis of the data shows that in 2019: • LGBT adults were more often struggling to get by. Fewer than two-thirds of LGBT adults reported...

May 19, 2022

Books, Labor Market, System Characterization2021, Aging, Equality, Income, savings

19MayMay 19, 2022

The 2022 Pension Answer Book

By Stephen J. Krass A standard in its field, The 2022 Pension Answer Book discusses in detail the full spectrum of pension topics—from qualification requirements to taxation of distributions, from minimum distribution requirements to 401(k) plans. It covers the most up-to-date and significant legislative, regulatory, and case law developments affecting these plans. As a decision-making tool, combining theory and practice-based guidance, The 2022 Pension Answer Book offers insight and clarification on the critical issues affecting pension administration and compliance. In...

May 19, 2022

Books, Pension design, System Characterization2022, Payout, savings, Social Security, US

May 2022