December 2021

Gabriel Boric es electo presidente de Chile. Estos son sus planes para las pensiones.

Un ambicioso programa de transformaciones es lo que busca poner en marcha durante los próximos cuatro años el Presidente electo, Gabriel Boric (Apruebo Dignidad). Cambios profundos al sistema tributario, previsional y de salud son algunos de los proyectos más conocidos del nuevo mandatario, junto con otras propuestas como la creación de una Banca Nacional de Desarrollo. Al plan de gobierno presentado para la primera vuelta se sumó, hace algunas semanas, el "Acuerdo de Implementación Programática", documento trabajado junto a los equipos...

Colombia. Corte hace un llamado a atender tramites de pensión con enfoque de género

La Corte Constitucional se pronunció luego de estudiar el caso en el que una señora de 61 años presentó una tutela contra la Administradora Colombiana de Pensiones, Colpensiones, debido a que esta entidad, le negó el reconocimiento de la pensión de sobrevivientes, a pesar, de haber estado casada por más de cuatro años, y cuidar de su esposo hasta la muerte. Colpensiones respaldó su decisión argumentando que un año antes, la mujer habría decidido dar por terminada su relación matrimonial...

UK. Demands to delay rises in the state pension age

Plans to raise the state pension age from 66 should be shelved because we are not living as long as previously expected, a new report has suggested. Current plans would see the age at which people are eligible for the state pension go up to 67 by 2028, and then eventually to 68. Consultant LCP says life expectancy has stalled and no changes should be made for 30 years. The government has just launched its latest review of the state pension age. At...

Leftist millennial Gabriel Boric, that vowed to reform pensions for the poor, is elected president of Chile.

Leftist lawmaker Gabriel Boric, 35, on Sunday became Chile’s youngest-ever president on promises of installing a “welfare state” in one of the world’s most unequal countries. The former student activist only just met the required minimum age to run in the presidential race, seven years after being elected to his first political job as a member of Chile’s Chamber of Deputies. On Sunday, he prevailed over far-right rival Jose Antonio Kast, an ultra-conservative lawyer who had promised to cut taxes and...

PinBox pushes to bring more global workers into retirement savings tent

Gautam Bhardwaj is aiming to get 100 million workers in the informal sectors of India's economy — from Uber drivers to farmers to domestic servants — to start saving for retirement over the next five years. For the co-founder and director of Singapore-based pension-tech provider pinBox Solutions Pte. Ltd., that amounts to a quick pivot from an initial success in Rwanda — where in close collaboration with the government, pinBox helped 1.5 million informal sector workers, a quarter of that...

UK. Enthusiasm for green pensions fails to translate

Although most savers say they want their pension to be invested responsibly, very few people auto enrolled into workplace schemes have moved their investments to sustainable funds. That is according to research by Barnett Waddingham which found one in five savers (20%) said they thought ESG funds should be the default option for workplace pensions, regardless of return. A further 26% said they thought this should be the case so long as the return is the same as a non-ESG fund. Meanwhile,...

Understanding and Forecasting Demographic Risk and Benefits

By David Bohl, Barry Hughes & Shelby Johnson There is a global demographic transition underway—mortality rates and fertility rates are declining in almost every country. Different countries are at different stages of this demographic transition, generally corresponding to their level of economic development, and progressing at different speeds. Declining mortality and fertility, along with migration, determine the changing age structures of countries. There are macro-economic, financial, and social burdens and benefits associated with different age structures. Since demographics is largely...

Pension Information and Women’s Awareness

By Paola Profeta, Marta Angelici, Daniela Del Boca, Maria Christina Rossi, Noemi Oggero & Claudia Villosio We explore the role of financial and pension information in increasing women’s knowledge and awareness of their future pension status and interest for pension information. We interview a representative sample of 801 Italian working women to assess their knowledge about pensions, financial issues and their own savings. The responses show that their knowledge and awareness of retirement planning is limited. We then run a...

Spending in the Shadow: The Impact of Unfunded Pensions on Public Services and Public Employees

By Manita Rao The shadow of unfunded public pensions has raised concerns on its consequences for public services and public employees. Some argue that pension liabilities increase the cost of government by crowding out public services. Others suggest that unfunded pensions are more likely to affect public employees and have limited implications for public services. This article empirically examines the extent to which the impact of unfunded pensions is mitigated or has spillover effects on public services and public employees....

México. Siempre sí: Tope a Afores entrará en vigor en 2022

México. Siempre sí: Tope a Afores entrará en vigor en 2022

Un juez federal dio luz verde al tope de comisiones que tendrán que aplicar las Afores a partir de enero de 2022. Leer también México. Ahorrro voluntario esquiva al COVID-19 y sus variantes; crece en más de 20% a octubre El Juzgado Primero de Distrito Especializado en Competencia Económica le negó la suspensión definitiva a Afore Azteca, luego de una audiencia realizada el día de ayer con la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). Leer también México. Los...