admin, Author at Pension Policy International

24MarMarch 24, 2023

Boric sobre fallidos autopréstamos: “Es pan para hoy y hambre para mañana”

El presidente de Chile, el izquierdista Gabriel Boric, celebró hoy que la Cámara de Diputados haya rechazado un proyecto de "autopréstamos" que permite a los ciudadanos retirar entre el 15 % y el 100 % de sus fondos privados de pensiones y devolver el dinero en unos años. "A los parlamentarios que insisten en que los trabajadores se rasquen con sus propias uñas y recurran a sus ahorros para enfrentar las dificultades del momento, mediante autopréstamos o retiros, les decimos...

March 24, 2023

Noticias, NoticiasChile, Retiro de Fondos

24MarMarch 24, 2023

Mujeres mexicanas ahorran más para su retiro que los hombres, revela estudio

Las mujeres mexicanas ahorran más en proporción para su retiro que los hombres, aunque reciben menores pensiones y tienen menor acceso a cuentas formales por la brecha salarial que existe en el país, concluyó un estudio de la organización México, ¿Cómo Vamos? (MCV) presentado este martes. De acuerdo con el “Diagnóstico del ahorro en México”, elaborado con Vanguard, segundo administrador de inversiones más grande del mundo, solo un 2,8 % de las mujeres destina recursos para la vejez o el...

March 24, 2023

Noticias, NoticiasAhorro, Brecha de Género, Mexico

24MarMarch 24, 2023

Hackers breach U.K. Pension Protection Fund, steal employee data

Hackers obtained data on some employees of the U.K.'s Pension Protection Fund after exploiting a third-party data transfer service, according to a fund spokesperson. The Pension Protection Fund manages £39 billion of assets for its 295,000 members, according to its website. The fund protects people with a defined benefit pension when an employer becomes insolvent. By exploiting the Go Anywhere transfer service, intruders compromised some employee data, Jenny Peters, a spokesperson for the fund, said in a statement. The hackers were...

March 24, 2023

NewsPension Management, UK

24MarMarch 24, 2023

French visit by Britain’s King Charles postponed due to pension protests

A visit to France by King Charles III, due to start on Sunday, has been postponed at the request of President Emmanuel Macron because of ongoing protests over pension reform. There has been widespread violence and unions have called a national day of protest on Tuesday. The French presidency said the postponement was decided after a call between Macron and the king on Friday morning. "Given the announcement yesterday of another national day of protests against pension reform on Tuesday March...

March 24, 2023

NewsFrance, Pensions Reform

24MarMarch 24, 2023

S. Korea’s pension fund posts 8.2% investment loss for 2022

South Korea's National Pension Fund reported a -8.2% investment return for 2022 and a 6.1% drop in assets to 890.5 trillion won ($706.4 billion). Domestic equity in the portfolio accounted for the biggest loss at -22.8%, followed by overseas equity at -12.3%, according to a statement by the Jeonju-based pension fund on March 2. "Domestic and overseas equity portfolios experienced a sharp drop in value due to ongoing market volatility at home and abroad triggered by the prolonged war in Ukraine...

March 24, 2023

NewsInvestment, Returns, South Korea

24MarMarch 24, 2023

UK. One third of people facing a drop in retirement standards

One in three savers have moved from an expected ‘moderate’ retirement lifestyle to a ‘minimum’ lifestyle, according to analysis by Wealth Wizards. The financial planning firm analysed data from more than 40,000 users of the Wealth Wizards Pension Guidance Software as a Service (SaaS) platform and found almost one in five pensioners are not on track for the living standards they would like in retirement. Additionally, the analysis of the data gathered over the last two years found one in three...

March 24, 2023

NewsAdequacy, UK

23MarMarch 23, 2023

Presenta Colombia proyecto de reforma de pensiones

El gobierno de Colombia presentó el miércoles en el Congreso un proyecto de reforma pensional para ampliar la cobertura y fortalecer la administradora estatal de jubilaciones, pero que genera dudas sobre el impacto que tendría en los mercados de capitales y las finanzas públicas. El proyecto es parte de las iniciativas sociales del presidente izquierdista Gustavo Petro, junto con una reforma al sistema de salud que se tramita en el Congreso y otra al régimen laboral presentada la semana pasada. El...

March 23, 2023

Noticias, NoticiasAdministración de Pensiones, Colombia, Reforma de Pensiones

23MarMarch 23, 2023

Chile: diputados rechazan retiro de fondos de pensiones

Los diputados chilenos rechazaron el miércoles un proyecto de ley que permitía retirar entre el 15% y el 100% de los fondos de pensiones, lo que constituye un alivio para el gobierno del presidente Gabriel Boric. El proyecto, que de haber prosperado habría impactado en la inflación al inyectar más liquidez al mercado, recibió 96 votos en contra, 39 a favor y 10 abstenciones. El país sudamericano cerró 2022 con una inflación de 12,8%, la mayor en 30 años, y con...

March 23, 2023

Noticias, NoticiasChile, Retiro de Fondos

23MarMarch 23, 2023

Americans less prepared for retirement amid financial uncertainty – Fidelity

Americans are less prepared for retirement than they were during the start of the COVID-19 pandemic, according to Fidelity Investment's 2023 retirement saving assessment study. According to the study, which was released Tuesday and examined the responses of 3,569 retirement savers that are run through Fidelity's retirement planning platform, the typical American saver is on target to have only 78% of the income needed to cover expenses during retirement. That is down from 83% at the beginning of 2020, when...

March 23, 2023

NewsRetirement Planning, savings, US

23MarMarch 23, 2023

Britain says it won’t ditch global accounting rule to unlock pensions cash

Britain on Wednesday played down the possibility of diverging from a globally-set accounting rule which some lawmakers blame for encouraging pension schemes to prefer low risk government bonds over stock markets. City minister Andrew Griffith in February said a global accounting rule needed reviewing as it had become a "performance penalty" which trapped cash in pension schemes which otherwise could be invested in companies and the economy. The so-called IAS 19 rule requires company defined benefit pension schemes to "mark to...

March 23, 2023

NewsPension Management, Regulation, UK

March 2023