By Blacktower Hard-working retirees have put in decades of time and effort as part of their working life. As they prepare to relax in retirement, they’re counting on a pension to help maintain a comfortable life – but the quality of state pensions available varies drastically based on where you live. We ranked countries across the globe on key pension factors to find out the best country in the world. Get the book here
La pregunta que muchos colombianos se plantean cuando pasan de los 40 años de edad es: ¿Me podré pensionar?, la respuesta está relacionada directamente con la manera como planificaron su futuro y si cotizaron la cantidad de semanas o de dinero suficiente para hacerlo. Expertos coinciden en que en la medida que una persona comience a proyectar cómo quiere asegurar sus ingresos en la vejez desde la juventud es más probable que tenga éxito en este propósito. Leer también La brecha...
Las 10 Administradoras de Fondos para el Retiro (Afore) que integran al sistema registraron durante los primeros siete meses del año 12 mil 407 millones de pesos en retiros por desempleo de las cuentas individuales, pero son Afore Coppel, Azteca, XXI Banorte y Citibanamex las que concentran 70.5 por ciento del monto total. De acuerdo con el Flujo de Retiros de las Cuentas Individuales de las Afore, estas cuatro administradoras registraron en conjunto 8 mil 757 millones de pesos en salidas...
Climate change is posing an existential threat to more than just the planet. In fact, the federal government is concerned that weather-related risks will begin eroding the retirement portfolios of its employees. Read also US. Climate Change and Benchmarking Risk for Retirement Plans Earlier this year, the U.S. Government Accountability Office recommended that the board overseeing the Thrift Savings Plan (TSP) for federal workers analyze the financial performance of companies in its portfolio, in light of risks related to climate change...
The pan-European Personal Pension Product (PEPP) is a voluntary, individual, non-occupational personal pension product that offers savers a new pan-European means of saving for retirement. The first PEPPs can be established from 22 March 2022, but will this product prove popular for providers? Before the introduction of the PEPP, there was no legal framework governing personal pensions at an EU level. It was recognised that the lack of an internal market for pensions caused difficulties with pension portability for mobile...
The new regulation details the rules on the insurances that can be provided linked to goods and services offered by businesses whose primary business activity is not insurance brokerage which is becoming to stand out in practice. As per the new regulation, business processes carried out under the abolished regulation will be required to be compliant with the new Regulation by 1 September 2021. Accordingly, with the new regulation, insurance intermediaries, banks and institutions incorporated under special laws and authorized to...
Around four million workers under 40 could be losing out on investment returns as they are in low-risk pensions that do not have potential for higher growth, according to research from Interactive Investor (II). The research, undertaken by Opinium, revealed that 66 per cent of people aged between 18 and 39, equal to around 10 million people, have a low-risk (25 per cent) or medium-risk (41 per cent) pension, whilst 19 per cent have a high-risk pension. Furthermore, over half (54...
By Chris Farrell America’s retirement savings system is a mess (that’s a technical economic term). “System” is actually too grand a word for the ad hoc retirement savings plan edifice that has been built up over years. To be sure, the system works reasonably well for those on the payroll of an employer with a retirement benefit plan and a relatively stable job. Employees at larger companies typically have 401(k)s with automatic enrollment, automatic contribution increases and a target-date default option...
By Martha Deevy, Jialu Liu Streetern, Andrea Hasler & Annamaria Lusardi Data collected right before COVID-19 hit the United States in 2020 indicated deeply rooted financial insecurity: one in three American families wasn’t ready to cope with a mid-sized financial shock; about 27% couldn’t come up with $2,000 within a month if an unexpected need were to arise; and 33% found it difficult to make ends meet in a typical month (2020 TIAA Institute-GFLEC Personal Finance Index [P-Fin Index], Yakoboski...
Al cierre del mes de junio de 2021, los recursos administrados por las Administradoras de Fondos para el Retiro (Afore) se colocaron en 4.926 billones de pesos, que representa un crecimiento de 14.36% (618,582 millones de pesos) en términos anualizados, según datos de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). Los activos netos de las sociedades de inversión de fondos para el retiro (Siefore) representan 31.02% del ahorro interno. Las Siefore básicas registraron en promedio un...
