May 2023

Mèxico. Trabajadores exigen eliminación de UMA para pago de pensiones

Cientos de trabajadores de diversas organizaciones obreras y sindicatos volvieron a salir a las calles del Centro de la Ciudad de México para conmemorar el Día del Trabajo. Lo hicieron, ahora con la exigencia de eliminar la Unidad de Medida y Actualización (UMA) para el pago de pensiones y otras prestaciones, así como mejores condiciones laborales y la advertencia de proteger a aquellos obreros que quedarán sin contratos colectivos (CCT) y sin la afiliación sindical, a partir de este...

Estas son las preocupaciones de los fondos privados frente a la reforma pensional en Colombia

En medio de las turbulencias de la economía en el mundo y con una proyección de desaceleración del Producto Interno Bruto (PIB), Colombia avanza este año en la discusión de las diferentes reformas sociales que plantea el Gobierno del presidente Gustavo Petro, entre ellas el proyecto que busca modificar el sistema pensional. Este fue uno de los principales temas que se trató esta semana en la edición 16 del Congreso de Asofondos, que se realizó en Cartagena, donde quedaron al...

UK. Capita: Watchdog warns pension funds over data after hack

Hundreds of pension funds have been asked to check whether data was stolen by cybercriminals during a major hack of the UK's largest outsourcer. The Pensions Regulator has asked trustees responsible for funds that use Capita as an administrator to assess whether clients' data is at risk. After the hack in March, information apparently containing Capita data began to circulate on the dark web. The pensions watchdog said on Sunday that it had written to the hundreds of pension funds that employ...

After pan-bashing, France’s Macron faces labour day protests

France's President Emmanuel Macron faces more nationwide protests on Monday as he seeks to steer the country on from a divisive pension law that has sparked anger, pan-bashing and social unrest. Last month he signed a law to raise the retirement age from 62 to 64, despite months of strikes against the bill. He and his government have since tried to turn the page on the episode of popular discontent, one of the biggest challenges to his second mandate. But protesters have...

Nigeria. PenCom steps up efforts at diversifying pension fund investment

The National Pension Commission, PenCom, is stepping up efforts at diversifying investments in pension fund portfolio assets. The Director-General, D-G PenCom, Mrs Aisha Dahir-Umar, gave this hint in the Commission’s 2022 fourth-quarter report. The D-G said the Commission had stepped up efforts at ensuring sustainable investment of pension funds in alternative asset classes, during the quarter under review. According to her, PenCom had also structured infrastructure projects that met the strict requirements of the Pension Fund Investments Regulation. The D-G said “the Commission...

Germany has a plan to tackle a rapidly aging workforce: recruiting robots

A robot takeover has long been the stuff of science fiction, but digitalization could be key in solving Germany’s labor shortage crisis, as its population ages. A record 45.9 million people were employed by Europe’s largest economy in the fourth quarter of 2022, the German Federal Statistical Office found. But, while more people than ever have jobs, over half of German companies reported that they were struggling to find skilled workers to fill vacancies, according to German Chambers of Commerce...

April 2023

México: Pensiones del IMSS: crece riesgo de cancelación de la Modalidad 40

Expertos en temas de pensiones aseguran que el Instituto Mexicano del Seguro Social cuenta con un sistema de verificación de datos que generan alertas que puedan revisar a fondo las solicitudes de pensiones, sin embargo, han detectado ciertos errores y algunos derechohabientes han terminado perjudicados. De acuerdo con el experto, Arturo Galván, quien asesora a los ciudadanos con respecto a la solicitud y obtención de pensiones, afirma que el IMSS ha descubierto casos en donde los mismos trabajadores del Instituto...

Perú. AFP: buscan que fondos no reclamados por herederos sean transferidos al Estado

El congresista Alejandro Soto Reyes, de la bancada Alianza para el Progreso, propone que los fondos administrados por las AFP que no han sido retirados por los herederos de los aportantes fallecidos sean transferidos al tesoro público, mediante la modificación del artículo 12 de la Constitución Política del Perú. Cabe precisar que en julio de 2022 se presentó un proyecto, de Acción Popular, con similar objetivo que hoy sigue en la Comisión de Economía. De esta manera, el PL 4800,...

Bank of England tells insurers to moderate their push into pensions

The Bank of England warned insurers on Thursday not over extend themselves in grabbing more business from pension schemes eager to offload risks. Charlotte Gerken, executive director for insurance supervision at the Bank, said that in the face of considerable temptation to capture business opportunities, insurers need to exercise caution. Bulk purchase annuities (BPA) are long-term policies from life insurers for company defined benefit, or final salary, pension schemes. Rising interest rates have improved funding levels of pension schemes, making them cheaper...

Pension funds need to consider beneficiaries’ sustainability preferences more – here’s why the IORP II consultation matters

The European Insurance and Occupational Pensions Authority (EIOPA) consultation on the review of the Institutions for Occupational Retirement Provision (IORP) II Directive closes next month, on the 25 May. What’s at stake here is significant – how to take account of preferences to invest sustainably, and how the law, and the overall policy landscape, can improve. EIOPA’s technical consultation features a dedicated sustainability chapter. It suggests that pension funds should integrate members’ and beneficiaries’ sustainability preferences into investment decision-making while complying...