May 2022

Divorcees often don’t understand pension implications – survey
02May

UK. Divorcees often don’t understand pension implications – survey

No-fault divorce in England and Wales may lead to increase in separations – and financial problems One in six divorced people said they did not realise their pension could be affected by splitting up, a survey has found. More than a third said they made no claim on their former partner’s pension, according to the survey of more than 1,000 divorced people. The research, carried out for Aviva, found 8% of divorcees do not have their own pension savings – and had...

May 2, 2022
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02May

Aging beyond retirement: How Canadians can afford to grow old

That’s the number of siblings Dr. Bonnie-Jeanne MacDonald’s mother had growing up. An astounding number, even at a time when families were known for having large broods. While it might seem overwhelming, to say the least, there certainly were benefits to having so many kids, says Dr. MacDonald, the director of financial security research for the National Institute on Aging (NIA). “My mother came from a family of 14 kids, and suddenly you have much fewer people to do that care...

May 2, 2022
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56% de los mexicanos no tiene un trabajo formal; vive sin seguro social o ahorro para el retiro
02May

56% de los mexicanos no tiene un trabajo formal; vive sin seguro social o ahorro para el retiro

Pamela González, abogada especializada en la implementación de la Reforma Laboral, dijo que, de acuerdo con el Inegi, la informalidad en 2021 ascendió casi a un 57% de la población Este 1 de mayo, Día Internacional de los Trabajadores, se hace un homenaje a los mártires de Chicago como una forma de reivindicar los derechos de los trabajadores. En entrevista con el Informativo Fin de Semana de El Heraldo Media Group, Pamela González, abogada especializada en la implementación de la Reforma...

May 2, 2022
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Cientos marchan en Puerto Rico por la salud, educación y pensiones dignas
02May

Cientos marchan en Puerto Rico por la salud, educación y pensiones dignas

Cientos de miembros de varios sindicatos en Puerto Rico marcharon este domingo hacia La Fortaleza, sede del Ejecutivo, reclamando en el Día Internacional del Trabajador, por el derecho a la salud, la educación y las pensiones dignas. Algunos de los grupos que participaron en la marcha fueron la Unión de Trabajadores de la Industria Eléctrica y Riego (Utier), la Federación Central de Trabajadores, la Unión General de Trabajadores, la Federación de Maestros y la Asociación Puertorriqueña de Profesores Universitarios. Leer más...

May 2, 2022
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April 2022
29Apr

Europe dominates green finance index, but U.S. cities catching up

Western European cities, led by London, continue to dominate when it comes to green finance, but U.S. cities are starting to catch up, according to the Global Green Finance index published Thursday by London consultancy Z/Yen Group. Compared with the first one published in March 2018, the ninth edition of the semiannual index found more correlation between U.S. cities' standing as financial centers and their green credentials, said Mike Wardle, a director and head of indexes for Z/Yen, in an...

April 29, 2022
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29Apr

US. Companies Look to Diversify Their Pension Investments as Funding Levels Soar

Companies are looking for alternative investment options for their pension plan funds—for example, high-quality private credit—as they look to diversify their holdings amid high funding levels. Businesses in recent years have invested a greater proportion of their plans in fixed-income securities, which are considered safer bets than assets such as equities, commodities, private equity and real estate. S&P 1500 companies invested 51% of their plan funds in fixed income in 2021, up from 50% a year earlier and 42% a...

April 29, 2022
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Chile. Este jueves finalizó el plazo para solicitar el tercer retiro de las AFP
29Apr

Chile. Este jueves finalizó el plazo para solicitar el tercer retiro de las AFP

A casi un año desde que entrara en vigor la normativa, la Superintendencia de Pensiones recordó que los cotizantes pueden solicitar como máximo el 10% de sus ahorros previsionales hasta la medianoche de hoy. El último balance reveló que entre los tres proyectos se han realizado más de 28,4 millones de pagos. Este jueves 28 de abril finaliza el plazo para que los cotizantes soliciten el tercer retiro de los ahorros disponibles en las Administradoras de Fondos de Pensiones (AFP). La...

April 29, 2022
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29Apr

South Africa. How financially sound is the Government Employees’ Pension Fund?

The country’s biggest and most important pension fund is healthy, but there are some reasons to be concerned. The extraordinary rise in the value of the JSE between March 2020 and March 2021 stemmed three years of declining values within the Government Employees’ Pension Fund (GEPF) and has placed it in a sound financial position as far as short-term commitments are concerned. However, it is unlikely that investors will see another year where the JSE rises by 55%, which makes the...

April 29, 2022
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29Apr

UK. Pension schemes remain uninsured for cyber risks

Nearly half of UK pension schemes still do not have insurance against cyber attacks, and a similar proportion are lacking the specialist skills needed to deal with the threat. That is according to a new report from risk advisory firm Crowe, which surveyed pension scheme trustees on the challenges facing them as fraud and cybercrime levels rise. Worryingly, 43% of respondents said that they had not tested the strength of their scheme's IT systems, processes and procedures for cybercrime protection, while...

April 29, 2022
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The Causal Effects of Place on Health and Longevity
28Apr

The Causal Effects of Place on Health and Longevity

By Tatyana Deryugina & David Molitor Life expectancy varies substantially across local regions within a country, raising conjectures that place of residence affects health. However, population sorting and other confounders make it difficult to disentangle the effects of place on health from other geographic differences in life expectancy. Recent studies have overcome such challenges to demonstrate that place of residence substantially influences health and mortality. Whether policies that encourage people to move to places that are better for their health...

April 28, 2022
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