admin, Author at Pension Policy International

18FebFebruary 18, 2021

Costa Rica. Supén aprueba la creación de los primeros multifondos de pensión. Así funcionarán

El próximo 15 de marzo se echarán a andar los primeros multifondos de pensiones después de casi una década de que la Superintendencia de Pensiones (Supén) anunciara la intención de introducir este tipo de opción de inversión en Costa Rica. Esta es una figura que permite la creación de fondos de pensiones diferenciados por grupos de edad de los trabajadores y las condiciones de las inversiones van desde una posición más riesgosa a una más conservadora. BAC Pensiones es la primera...

February 18, 2021

Noticias2021, Administración de Pensiones, América Latina, Costa Rica, Inversión

18FebFebruary 18, 2021

The Global Pension Transparency Benchmark launches in a bid to improve pension outcomes for members

The Global Pension Transparency Benchmark has revealed the opportunity for improvement in pension fund disclosure transparency around the globe. Read also Ten degrees of sustainability The Global Pension Transparency Benchmark is a world first global benchmark measuring transparency of pension disclosure, bringing a focus to transparency in a bid to improve pension outcomes for members. Read also ESG-Conscious Money Managers Are Pension Funds’ Top Consideration The GPTB ranks 15 countries on public disclosures of key value generation elements for the five largest pension...

February 18, 2021

News, Slider2021, Corporate Governance, ESG, Pension Management

18FebFebruary 18, 2021

Ten degrees of sustainability

By Tanya Broadfield In November, when COP26 takes place in Glasgow, the eyes of the world will be looking at what progress the UK has made towards delivering sustainability targets to support net zero and the tackling of climate change. Savills has identified 10 drivers of change we can expect to hear more about this year. 1. TCFD and climate transparency A raft of sustainability disclosure requirements is coming and The Taskforce on Climate-related Financial Disclosures (TCFD) is leading the way. Since January,...

February 18, 2021

News, OP Ed, Slider2021, Corporate Governance, COVID-19, ESG, Gen Z, Pension Management

18FebFebruary 18, 2021

South Africa. Cosatu Welcomes President Cyril Ramaphosa’s Signing of the Historic Pic Amendment Act Into Law

The Congress of South African Trade Unions (COSATU) welcomes President Cyril Ramaphosa's signing of the Public Investment Corporation (PIC) Amendment Act and its immediate enactment into law. This is long overdue. The PIC Amendment Act was drafted by Parliament's Finance Committees in close collaboration with COSATU. This was necessitated by the revelation of rampant looting and the mismanagement of PIC funds by many in the PIC and those companies who have benefited from its investments and loans. The Amendment Act...

February 18, 2021

News, Slider2021, Regulation, South Africa

18FebFebruary 18, 2021

US Corporate Pension Funded Ratio Climbs to 89.8% in January

The funded ratio of the 100 largest corporate defined benefit (DB) pension plans improved to 89.8% at the end of January from 88.1% at the end of December as their aggregate deficit fell below $200 billion for the first time in more than a year, according to consulting firm Milliman. With the help of a 16 basis point (bp) increase in the monthly discount rate to 2.62% from 2.46%, the plans’ funding improved by $39 billion in January as their...

February 18, 2021

News, Slider2021, COVID-19, Defined Benefit, Funding, Occupational Pensions, US

18FebFebruary 18, 2021

International retirement, savings plans grow in popularity

International retirement and savings plans for participants working outside their home country have continued to grow in popularity around the globe, with assets increasing 8.9% in 2020 to $17.2 billion. These plans are finding new cohorts of participants, research by Willis Towers Watson found. Originally aimed at expatriates who were unable to remain enrolled in their home country arrangements, international pension plans — known as IPPs — and international savings plans — ISPs — are also growing in popularity among...

February 18, 2021

News, Slider2021, COVID-19, Pension design

18FebFebruary 18, 2021

“In Spain We Have The Funds With The Worst Profitability And They Are The Most Expensive”. Antonio Banda from Feelcapital

By The Corner Antonio Banda, CEO of Feelcapital, has already warned of the risk posed by the transposition into Spanish law of the Brussels rule that will allow the entry of pan-European funds. The rule, which comes into force next March, is “the great danger for Spanish fund managers”. Q: Following the modification of the taxation in pension plans, you commented that the real danger for national fund managers was the arrival of pan-European funds, why? A: The regulation on European Pension...

February 18, 2021

News, Slider2021, EU, Pension Management, Spain

17FebFebruary 17, 2021

Sistema de pensiones de cara a un mundo cambiante

Por FIAP La Federación Internacional de Administradoras de Fondos de Pensiones, FIAP, es una entidad internacional, constituida en Uruguay, que reúne a las asociaciones gremiales y entidades que administran fondos de pensiones de 12 países (Bolivia, Colombia, Costa Rica, Chile, El Salvador, España, Kazajstán, México, Perú, República Dominicana, Ucrania y Uruguay). A junio de 2019, los trabajadores afiliados de las asociaciones e instituciones miembros de FIAP suman más de 113 millones y acumulan en sus respectivas cuentas individuales más de USD 637.000...

February 17, 2021

Diseño de Pensiones, Libros, Sostenibilidad del Sistema2020, Administración de Pensiones, Chile

17FebFebruary 17, 2021

Un impulso a la cooperación. Alternativas de políticas para América Latina y Corea

Por Paolo Giordano E l presente informe Un impulso a la cooperación: Alternativas de políticas para América Latina y Corea ha sido elaborado para la Cumbre Empresarial Corea-ALC, celebrada en Seúl, República de Corea, los días 7 y 8 de octubre de 2019, auspiciada por el Ministerio de Economía y Finanzas de Corea y el Banco Interamericano de Desarrollo y organizada en conjunto con el Banco de Exportaciones e Importaciones de Corea y la Agencia de Promoción del Comercio y...

February 17, 2021

Libros, Sostenibilidad del Sistema2019, ESG, Inversión, Política Pública

17FebFebruary 17, 2021

¿Prohibido envejecer en Bolivia?: Desafíos del sistema integral de pensiones

Por Luz María Calvo, Andrea Baudoin, Fernanda Wanderley La pregunta que lleva por título este documento resume la actitud de los adultos mayores que por primera vez sienten flaquear sus fuerzas y comprueban que no tienen derecho a una jubilación. Resume también la estupefacción con que un asegurado al sistema de pensiones recibe la información sobre el monto de pensión de vejez que le corresponde. Dicha pregunta, planteada por los organizadores del Panel N° 8 del “Bolivia Debate: un futuro sustentable”,...

February 17, 2021

Artículos, Envejecimiento2021, Bolivia, Sostenibilidad

February 2021