admin, Author at Pension Policy International

04JanJanuary 4, 2022

UK. PMI warns majority of savers will be caught out by pension age rise

According to research from the PMI, published on December 29, which surveyed 2,000 individuals, 82 per cent of working people in their forties were not aware of the upcoming rise in the NMPA, which is set to increase from 55 to 57 in April 2028. The PMI said this change will directly affect the retirement options for those currently in their mid to late forties. The increase in the NMPA has been criticised across the industry as it will not apply...

January 4, 2022

News, Slider2022, Regulation, UK

04JanJanuary 4, 2022

South Africa. Allowing withdrawals from pension funds to increase retirement savings

To allow limited withdrawals from pension funds will actually help people to save more for their retirement, according to a study by National Treasury. The research found that people sometimes resign from their jobs for the sole reason of accessing their pension fund in emergencies, and end up spending everything. The proposal to split retirement funds into two ‘pots’ and give people access to withdraw from one is expected to solve the problem. Treasury recently published more information on this and...

January 4, 2022

News, Slider2022, South Africa, Withdrawals

04JanJanuary 4, 2022

Markers of impact that investors will be watching in the year ahead

There’s no permission required, no excuses accepted, and no better time for impact investors to step up to leadership. The pathways to climate solutions are clear, the returns on inclusion immense. To be sure, government leadership can accelerate deployment, but the case for private investment is more than compelling. ImpactAlpha’s team of reporters and editors has counted down nearly two dozen markers of impact across our core coverage areas. The Reconstruction in 2022 No. 22. A bottom-up and top-down mobilization to rewrite...

January 4, 2022

News, Slider2022, Investment

04JanJanuary 4, 2022

Puerto Rico. La Junta de Control Fiscal pide más dinero para la reserva de pensiones

Inmiscuida en el proceso de certificar un nuevo plan fiscal que refleje la realidad de un Puerto Rico que comenzará a pagar una deuda reestructurada, la Junta de Control Fiscal advirtió al gobierno que necesita aumentar los depósitos anuales proyectados para el Fideicomiso de Fondo de Reserva de Pensiones para cumplir con sus objetivos de financiamiento. El pasado 31 de diciembre la junta emitió una declaración sobre el estado de actualización del Plan Fiscal, luego que el día antes presentará...

January 4, 2022

Noticias, Noticias2022, Financiamiento, Puerto Rico, Reforma de Pensiones

04JanJanuary 4, 2022

México. Afore: ¿Por qué es importante designar a un beneficiario de una cuenta?

Los beneficiarios de tu cuenta Afore (Administradora de Fondos para el Retiro) ya se pueden designar libremente, proceso que se puede realizar desde octubre del 2021. Por lo que la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) ha indicado los puntos que debes de tener en cuenta para poder realizar dicho proceso, que es consecuencia de la reforma al sistema de pensiones. Se debe tener en cuenta de los beneficiarios legales de dicho recurso son aquellas personas que tienen derecho a disfrutar de...

January 4, 2022

Noticias, Noticias2022, Ahorro, Ingreso, Mexico

03JanJanuary 3, 2022

Germans see pandemic, pensions as biggest topics for 2022-poll

Germans want their new government to focus on fighting the coronavirus pandemic and safeguarding pensions in 2022, with fewer people wanting them to prioritise the climate crisis, an opinion poll showed on Sunday. The survey by pollsters Insa for the Bild am Sonntag newspaper showed that 61% of the 2,004 people questioned think combating the pandemic is the most important task of the government, followed by securing pensions. Germans also want the government to deal with a shortage of staff...

January 3, 2022

News, Slider2021, Germany, System sustainability

03JanJanuary 3, 2022

Private climate investment needs to get intentional about gender and equity — here’s how

By Suzanne Biegel The private capital committed by members of the Glasgow Financial Alliance for Net Zero (GFANZ) has the potential to transform climate investments. Yet climate investment decision-makers don’t reflect the diversity we need for a just transition. They are therefore likely to overlook the women outside of their networks driving many solutions. Read also ESG Investing Is Not Sustainable Investing This is true in both developed and developing markets. Growing research shows that having more women in decision-making positions results...

January 3, 2022

News, OP Ed, Op-Ed, Slider2021, Climate crisis, Equality, Gender Gap, Investment

03JanJanuary 3, 2022

México. Las afores destinarán menos recursos a sus reservas: Consar

La Consar explicó que el monto de la reserva especial determinado por la Junta de Gobierno de la Comisión es congruente y suficiente para cubrir las posibles minusvalías que puedan derivarse del incumplimiento al régimen de inversión. Se publicó en el Diario Oficial de la Federación (DOF) la reducción en el nivel de la reserva especial que las administradoras de fondos para el retiro (afores) aportan al Sistema del Ahorro para el Retiro (SAR); esta pasará de 0.71 a 0.55%...

January 3, 2022

Noticias, Noticias2022, Administración de Pensiones, Mexico, Operaciones

03JanJanuary 3, 2022

Why having so much pension money became a headache for Iceland

This is one of those first world problems that we would like to have in Latin American countries: “I don’t know what to do with so much money.” Although it is a cartoon, the truth is that Iceland’s pension system, which has been listed as one of the most successful in the world, has such a gigantic amount of resources that there is now a debate in the country about what is the best way to invest those funds. With assets...

January 3, 2022

News, Slider2021, Iceland, Pension Management

03JanJanuary 3, 2022

Can China’s creaky health insurance scheme withstand its ageing population and coronavirus?

For two decades, 65-year-old farmer Che Xiuyue had been troubled by osteophytes, bony lumps that grew on her knees, causing her unbearable pain and stiffness. Read also Commentary: China and ESG — a delicate balance In 2019, unable to stomach the discomfort any longer, she finally had surgery to treat them. But when she received the bill of 10,000 yuan (US$1,569), Che was overcome by a new wave of distress. Read also Taiwan fund to issue $2.3 bln climate change pension mandate,...

January 3, 2022

News, SliderAging, China, COVID-19, Healthcare

January 2022