admin, Author at Pension Policy International

06AprApril 6, 2021

Bajo la lupa: el destino de los ahorros previsionales retirados en Chile

De los aproximadamente 24,5 billones de pesos (US$34.000mn) retirados hasta enero del sistema privado de fondos de pensiones en Chile en virtud de la legislación aprobada el año pasado, la mayor parte se encuentra en cuentas bancarias. Leer también Chile. Las AFP deben invertir en infraestructuras chilenas La cifra equivale al 12,2% del PIB. Los legisladores aprobaron en 2020 dos iniciativas que autorizaron a los cotizantes de los fondos previsionales a retirar 10% de sus ahorros, respectivamente, para poder sobrellevar el impacto...

April 6, 2021

Noticias2021, América Latina, Chile, COVID-19, Retiro de Fondos

06AprApril 6, 2021

Ya puedes solicitar tu retiro parcial por desempleo del Afore desde tu celular

La Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) informó que hoy entró en operación la solicitud de retiro parcial por desempleo IMSS a través de la aplicación AforeMóvil, con el objetivo de que los trabajadores afiliados al IMSS que actualmente no están activos puedan realizar el trámite de retiro de recursos de una manera sencilla, informada y sin necesidad de acudir a la sucursal de su Administradora de Fondos para el Retiro (Afore). ¿Cómo hacer el trámite...

April 6, 2021

Noticias2021, América Latina, COVID-19, Diseño de Pensiones, Mexico

06AprApril 6, 2021

Japan approves law raising retirement age to 70

By Charles Chau The move is part of an effort to address the country’s falling birthrate and an ageing population, and the consequent labour shortage and rising cost of pensions. Read also New GPIF Board Head Says Fund Isn’t Distorting Japan Stocks The bills give companies five options for retaining older workers: Raising the retirement age. Abolishing the retirement age. Allowing employees to work beyond the age limit. Outsourcing work to retirees as freelancers. Supporting employees who move on to work for non-profits and other entities that...

April 6, 2021

News, Slider2021, COVID-19, Japan, Retirement Age

06AprApril 6, 2021

The Post-Pandemic Safety Net

With the United States beset by the COVID-19 pandemic, a deep economic recession, and heightened racial tensions, many observers predicted – some in hope, others resignedly – that the 2020 elections would bring about a significant change in the country’s social contract. Fortunately, they appear to have been right. Proposals to strengthen the welfare state and social safety nets have gone mainstream – and not only in America. I argued back in May 2019 that America was ready for a...

April 6, 2021

News, SliderCOVID-19, Latin America, Social Protection, US

06AprApril 6, 2021

US. At what age should you stop saving for retirement?

It’s that time of year. My accountant sent my husband and me a note yesterday asking how much we planned to contribute to our retirement accounts for 2020. Obviously, that makes a difference in our pending tax bill. I sighed. Our contributions are fully deductible since neither of us has an employer-provided plan. But last year was a rocky one for self-employed workers like us, and our budget has been tight. My speaking business came to a screeching halt in...

April 6, 2021

News, SliderFeriro, Financial Educatoon, US

05AprApril 5, 2021

Colombia. Con proyecto de ley se busca acabar con el retiro programado de los fondos voluntarios

El Congreso de la República discutirá durante la presente legislatura un proyecto de ley presentado por el Ministerio de Hacienda y Crédito Público que tiene como objetivo principal reformar el mercado de capitales y en el que incluye ciertos cambios a lo que se conocía como fondos de pensiones de jubilación e invalidez, que recibirían la denominación de fondos voluntarios de pensión. Leer también Colombia govt presents capital markets bill Dentro de los cambios se contempla una modificación estructural de mayor...

April 5, 2021

Noticias2021, Ahorro, América Latina, Colombia

05AprApril 5, 2021

New GPIF Board Head Says Fund Isn’t Distorting Japan Stocks

By Chikafumi Hodo, Emi Urabe Japan’s Government Pension Investment Fund, the world’s largest pension pot, considers the impact of its investments on markets and isn’t distorting the country’s stocks, said Hirohide Yamaguchi, the newly appointed chairman of the fund’s board of governors. Yamaguchi, a former deputy governor of the Bank of Japan, said also that it was important to look at the fund’s long-term returns, rather than focusing on the short-term. He spoke in Tokyo at his first press conference since...

April 5, 2021

News, OP Ed, SliderInvestment, Japan, Political economy

05AprApril 5, 2021

India. PFRDA revises Investment Management Fees to be charged by pension funds in NPS – Check details

Investment Management Fees charged by pension funds in the National Pension System (NPS) have been increased by the Pension Fund Regulatory and Development Authority (PFRDA) effective April 1, 2021. The fund management fees which were 0.01 per cent of the asset will now stand increased but will be capped at 0.09 per cent depending on the total asset under management of the pension fund. The revised revenue structure for the pension funds will be a staggered based model, under...

April 5, 2021

News, SliderIndia, Pensions

05AprApril 5, 2021

US. New PEPs targeting firms without retirement plans

As providers of pooled employer plans scramble to attract sponsors of small- and midsize 401(k)s into their new pooled plans, at least two are taking a different tack. Rather than pursuing employers already offering workers a retirement plan, they're chasing those not offering one at all. Payroll provider Paychex Inc. has already signed up 1,000 such employers into its PEP — a milestone it hit in February, a month after its launch on Jan. 1, said Michael Majors, senior director...

April 5, 2021

News, SliderPensions, Retirement Plans, US

05AprApril 5, 2021

US. If You Sell a House These Days, the Buyer Might Be a Pension Fund

A bidding war broke out this winter at a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a single suburban house, illustrating the rise of big investors as a potent new force in the U.S. housing market. D.R. Horton Inc. built 124 houses in Conroe, Texas, rented them out and then put the whole community, Amber Pines at Fosters Ridge, on the block. A Who’s Who of investors and home-rental firms flocked...

April 5, 2021

News, Slider2021, Pension Fund, US

April 2021