April 2022

France. Macron and Le Pen battle over pensions as French election race tightens

With France's presidential race tightening ahead of Sunday's first round vote, favourites President Emmanuel Macron and far-right challenger Marine Le Pen battled over pension reform on Monday. Opinion polls have long predicted Macron will win a second term but Le Pen has tightened the gap, with polls showing the 44-year old president with only a six-point advantage in a likely run-off on April 24. Le Pen has benefited from a campaign focused on purchasing power on which she doubled down on...

Ghana. NPRA embarks on pension education for informal sector workers

The National Pensions Regulatory Authority (NPRA) as part of its quest to improve informal pension coverage in Ghana has embarked on an outreach programme in Oti Region to create awareness of pensions. The Head of Corporate Affairs, Nana SifaTwum, told the Ghanaian Times in Accra on Wednesday, that the move is to educate and sensitise both formal and informal sector workers on pension matters. He said the outreach programme which would begin on Monday, April 4 and ends on Friday, April...

Impact investing has the power to create social change, but we need to measure it

As our world faces a myriad of environmental, social and geo-political challenges, there can be little doubt that radical changes must be made to ensure a sustainable and equitable future for generations to come. The UN’s latest report on climate change sends a stark warning: we have passed the point of no return. We must move quickly to find alternative sources of energy and new forms of technology. The terrible situation in Ukraine has further highlighted this need, not only for...

México. En el primer bimestre de 2022 se han pensionado 3,500 pensionados vía Afore: Consar

La Comisión Nacional del Sistema del Ahorro para el Retiro (Consar) reveló que en el primer bimestre de 2022 se han pensionado 3,500 trabajadores vía Afore. Para este año un trabajador de régimen de 1997 se podrá pensionar a las 775 semanas cotizadas como parte de lo aprobado en la reforma a la Ley de Seguridad Social en el 2020. La Consar también mostró que al primer bimestre del año 3,212 trabajadores han sido beneficiados por la reducción de semanas, cabe...

EEUU. Muy pocas mujeres creen estar ahorrando lo suficiente para su retiro. Así pueden ponerse al día

Los dos años transcurridos desde que la pandemia provocó un cierre generalizado en Estados Unidos han afectado especialmente a las mujeres. Ahora, la brecha de sus ahorros para la jubilación con los de sus pares masculinos se ha ampliado aún más. Sólo el 19% de las mujeres confía en estar en camino de jubilarse sin el temor a quedarse sin dinero mientras hacen este ahorro. Esto es en comparación con el 35% de los hombres, según la encuesta de la compañía...

US. Saving for retirement is the top financial priority for just 17% of adults, survey shows

US. Saving for retirement is the top financial priority for just 17% of adults, survey shows

Saving for retirement appears to be taking a backseat to other financial considerations for many Americans right now. Just 17% have made saving for their post-working years their top financial priority for 2022, according to First National Bank of Omaha’s latest financial wellness survey. This is despite 59% of respondents worrying that they won’t be able to retire by age 65. Additionally, 46% of those surveyed said they have less than $15,000 saved for retirement. The survey was conducted in February...

Chile. Luis Mesina: “Acabar con las AFP no resuelve el problema, lo que comenzaría a resolver el problema es transitar hacia un sistema público de pensiones”

Este martes, la Comisión de Derechos Fundamentales de la Convención Constitucional aprobó, por 20 votos a favor, 12 en contra y una abstención, una iniciativa presentada por la Coordinadora No + AFP, la cual establece que, en el ámbito previsional, “El Estado reconoce a todas las personas el derecho a la seguridad social (…) proveyendo prestaciones oportunas y actualizadas; uniformidad, unidad y participación en la administración y esencialmente solidaridad en su financiamiento”. Para profundizar en la iniciativa, el director de...

GPIF asigna $ 6.2 mil millones al nuevo índice de acciones ESG Japan

GPIF allocates $6.2 billion to new ESG Japan equity index

Japan's Government Pension Investment Fund allocated ¥760 billion ($6.2 billion) to a new ESG index, the FTSE Blossom Japan Sector Relative index, GPIF President Masataka Miyazono said Wednesday. Read also AIG shifting $150 billion to BlackRock The Tokyo-based pension fund, the world's largest with ¥199.3 trillion in assets, said in a news release that FTSE Russell's ESG ratings as well as evaluations of company management's "attitude toward (the) risks and opportunities of climate change" will be considered when selecting constituents for...

Perú. MEF sugiere que retiros de fondos AFP sean acotados y mejor focalizados

Entre el 2020 y el 2021, se aprobaron desde el Ejecutivo y Legislativo un total de cinco normas que autorizaban a los aportantes y exaportantes para que realicen retiros extraordinarios del Sistema Privado de Pensiones (SPP) a fin de mitigar los efectos de la pandemia. Sin embargo, desde el Congreso se impulsa un nuevo retiro a las Administradoras de Fondo de Pensiones (AFP), ya que aún existen ciudadanos que sufren los estragos de la COVID-19. En total son ocho proyectos de ley que se han presentado en esa línea, de...

Why Society Needs To Change How We Think About Aging

Why Society Needs To Change How We Think About Aging

With the Age Discrimination in Employment Act coming into force back in 1967, the notion of age discrimination has a long history. Unfortunately, it’s an issue that we still grapple with today, and whereas it’s easy to assume it’s only a problem for those in and around retirement age, a survey from Senior Living suggests it can kick in as early as our 40s. The research, which saw over 1,100 Americans over 40 years of age quizzed about their workplace...