admin, Author at Pension Policy International

21OctOctober 21, 2021

UK financial regulator faces probe over pension advice scandal

The UK’s financial regulator is to be investigated by the parliamentary spending watchdog over its handling of a multimillion pound pension scandal which has left thousands of steelworkers facing retirement losses. Read also UK. 39% of DC schemes failing to take account of ESG in default strategies The National Audit Office on Wednesday announced a probe into the Financial Conduct Authority’s activities in relation to the British Steel Pension Scheme (BSPS), dating back to 2017. Read also UK. Survey highlights lack of...

October 21, 2021

NewsPension Management, Regulation, UK

21OctOctober 21, 2021

El drama de jubilarse: el sistema previsional argentino es el segundo peor del mundo

Quedó como uno de los peores países del mundo para jubilarse y la brecha de género es una de las principales causas a nivel mundial. La consulta internacional Mercer publicó el último ranking de su Índice Global de Pensiones (MCGPI, por sus siglas en inglés) que mide a los sistema de jubilación de 43 países. Islandia tiene el mejor sistema de jubilaciones del mundo y Tailandia el peor. La Argentina quedó en el anteúltimo lugar. Islandia obtuvo el valor más alto...

October 21, 2021

Noticias, NoticiasArgentina, Sostenibilidad del Sistema

21OctOctober 21, 2021

Canada. Uber drivers, gig workers pressure Ontario government for employee status

Tens of thousands of people in the province drive and deliver for apps such as Lyft, DoorDash People who drive and deliver for apps such as Uber and DoorDash are calling on the Ontario government to grant them the rights of employees. The province's minister of labour says new protections for gig workers are coming and says it's wrong for app-based workers to earn less than minimum wage. Industry sources tell CBC News they expect the Ford government will soon reveal...

October 21, 2021

NewsCanada, Coverage, Informal Sector

21OctOctober 21, 2021

Ghana. NPRA to target informal sector as it holds Pensions Week in Western Region

Mr Stanley Ogoe, Western Regional Director of the National Pensions Regulatory Authority (NPRA) has hinted that the Authority is taking steps to enlighten the informal sector workers on the benefits of having a retirement plan and becoming members of pension schemes to enable them to start their retirement plans early. He noted that workers in the informal sector so far, have shown the least interest in the 3-tier pension scheme and for that matter the NPRA was therefore encouraging workers...

October 21, 2021

NewsFinancial Education, Informal Sector, Regulation

21OctOctober 21, 2021

How Green is Your Pension?

Some of the UK's biggest businesses have yet to sign up to any net zero commitments, but there are signs of changes afoot Pension schemes are huge, and hugely influential, beasts. Scheme membership has widened massively over recent years as a result of auto-enrolment, with almost eight in 10 UK employees now enrolled in a workplace pension. Clearly, then, they play a critical role in the country’s investment landscape. According to the latest government data, private sector pension funds had a...

October 21, 2021

NewsESG, Investment, UK

20OctOctober 20, 2021

EEUU. Más de dos tercios de los latinos no ahorran para la jubilación

Más de dos tercios de los hogares hispanos en el país no están ahorrando para el retiro a través de los planes de jubilación que se ofrecen en los sitios de trabajo, como el 401(k), reveló un estudio de la empresa de servicios financieros Morningstar. “En general vemos que los latinos-estadounidenses tienen menores tasas de ahorro en comparación con los hogares blancos”, dijo este martes a Efe Samantha Lamas, una de las autoras del reporte, titulado “Una mirada más cercana...

October 20, 2021

Noticias2021, Ahorro, COVID-19, Estados Unidos

20OctOctober 20, 2021

Costa Rica. Caja inició consulta pública de reformas al Reglamento IVM

El viernes 15 de octubre la Gerencia de Pensiones inició la consulta pública a las reformas del Reglamento del Seguro de Invalidez, Vejez y Muerte, por un periodo de 15 días, es decir, hasta el 4 de noviembre. Tras la publicación de las reformas en el diario La Gaceta número 198 del 14 de octubre, la gerencia, en atención a lo instruido por la Junta Directiva de la Caja, somete a consulta pública la reforma de los artículos 5, 23...

October 20, 2021

Noticias2021, Costa Rica, Reforma de Pensiones

20OctOctober 20, 2021

Pension, health costs to dwarf COVID debt legacy in long term -OECD

The costs of repaying debt raised to help households and businesses through the COVID-19 crisis will be dwarfed by those from long-term trends like funding pensions and health services as societies age, the OECD said in a report on Tuesday. Read also Canada. Uber drivers, gig workers pressure Ontario government for employee status Examining the economic outlook out to 2060, the Organisation for Economic Cooperation and Development said governments will increasingly have to contend with the costs associated with aging populations...

October 20, 2021

News, Slider2021, COVID-19, Health, Public spending

20OctOctober 20, 2021

They Fought Apartheid in South Africa. Now They Want Veterans’ Benefits.

Lesley Kgogo was 17 years old when he traded a school uniform for military fatigues and joined the armed wing of the African National Congress in the fight to overthrow the apartheid regime in South Africa. He was among thousands who trained and slept in bush camps in other countries and then returned to join the insurgency that ultimately helped to topple the repressive white-minority government. Read also South Africa. Millennials hardest hit financially in 2020, study shows More than 40 years...

October 20, 2021

News, Slider2021, Public Pensions, South Africa, State Pensions

20OctOctober 20, 2021

US. Allianz, Calpers to Cut Portfolio Emissions by Up to 30% by 2025

By 2025, 29 of the world’s biggest pension funds and investment firms, including Allianz SE and the California Public Employees’ Retirement System, intend to have cut the emissions of their portfolio holdings by at least 25%. The targets, which cover publicly-traded equities, corporate bonds and real estate portfolios, were announced in a statement Wednesday by the Net Zero Asset Owner Alliance, which was convened by the United Nations. Other firms that are part of the group and have also made such a commitment include Aviva Plc and Swiss Re AG. Eliminating emissions generated from their holdings has...

October 20, 2021

News, Slider2021, Climate crisis, ESG, Investment, US

October 2021