admin, Author at Pension Policy International

06MarMarch 6, 2023

Why Nigerian Banks are acquiring pension firms-Razaq Ahmed

Nigerian banks are increasing their acquisition of pension firms to expand from banking to the provision of wealth management and other services, thus taping the large assets of about N15 trillion, currently under the management of Nigeria’s pension industry. This was disclosed by Razaq Ahmed, the co-founder and CEO of fintech startup Cowrywise, who spoke during Nairametrics’ Corporate Deals book webinar on Saturday. He noted that with the growth of the industry, assets under management are expected to rise to N20...

March 6, 2023

NewsNigeria, Pension Management

06MarMarch 6, 2023

China’s big dilemma: What to do about an aging nation

China’s population decline, which the Chinese government officially confirmed in January, has led many observers to wonder if the country’s current demographic trends threaten its stability. According to the National Bureau of Statistics, China’s population shrank last year for the first time in 60 years, nine years earlier than government projections had anticipated. The fertility rate (births per woman) fell to 1.0-1.1, well below the official forecast of 1.8. Most notably, the number of births dropped sharply to 9.56 million,...

March 6, 2023

NewsAging, China

03MarMarch 3, 2023

Pension Provision in Thailand

By Robert Palacios & Himanshi Jain This report documents the current state of pension provision in Thailand and options for reform that would increase the adequacy and sustainability of the pension system. While the focus here is on income support, the welfare of the elderly depends on many other government policies ranging from labor market policies to aged care and health services. It is also important to assess the pension system in terms of its broader impact on fiscal sustainability...

March 3, 2023

Books, Books, System Characterization2021, Informal Sector, Labor Market, Pension design, Social Protection, Thailand

03MarMarch 3, 2023

African Pension Funds – Environmental, Social & Governance Factors Benchmarking Exercise

By Dr Rory Sullivan and Robert Black, Matthew Sullivan & Fiona Stewart African Pension Supervisors Forum, representing pension supervisory authorities from across the African region, invited the team to review the approach to incorporation of ESG factors into decision making by pension funds across the región This project assessed a sample of Africa’s pension funds on their sustainable investment related disclosure Strengths in disclosure were: 1.All of the funds provide good disclosure about their organisation, including their history, ownership, mission, governance structure...

March 3, 2023

Books, Books, System Characterization2022, Africa, Pension Management

03MarMarch 3, 2023

Government spending in Spain from a European perspective

By Mario Alloza, Julia Brunet, Victor Forte-Campos, Enrique Moral-Benito & Javier J. Pérez This document presents a detailed analysis of the structure of general government spending in Spain and its recent evolution in comparison to the rest of the European countries. The weight of Spanish public spending is similar to that of neighbouring countries, although below the average for a reference group of European countries (EU-15). Thus, in 2019 the level of public spending stood at 42% of GDP compared to...

March 3, 2023

Articles, System Characterization2022, EU, Political economy, Public Pensions, Spain

03MarMarch 3, 2023

Exploring the Integration of AI and ML in Fintech: Emerging Trends and Future Directions

By Rahul Jain This research paper aims to explore the integration of artificial intelligence (AI) and machine learning (ML) in the field of financial technology (Fintech). The paper examines the emerging trends in the integration of AI and ML in Fintech and evaluates the potential benefits and challenges associated with this integration. The study utilizes a qualitative research approach that involves an extensive review of relevant literature, including academic articles, industry reports, and news articles. The findings indicate that AI and...

March 3, 2023

Articles, Innovation2023, AI, Fintech, Technoloy

03MarMarch 3, 2023

The Liability Trap: Why the ALEC Anti-ESG Bills Create a Legal Quagmire for Fiduciaries Connected with Public Pensions

By David J. Berger, David H. Webber & Beth Young Two proposed bills barring public pensions from considering environmental, social, and governance investment criteria create massive legal risk for any pension fiduciary or service provider. The American Legislative Exchange Council “boycott bill” and the “fiduciary duty” bill, if adopted, would impose irreconcilable legal requirements on such fiduciaries, and subject them to compliance with arbitrary and unworkable legal demands. The main legal problems the bills create fall into four categories: (1) the unworkable...

March 3, 2023

Articles, Investment, Regulation2023, Corporate Governance, ESG, Pension Management, US

03MarMarch 3, 2023

Presidente de Banco de Chile contra retiros de AFP: provocaron “un daño inconmensurable al mercado de capitales local”

Comenzó la temporada de memorias anuales, y con ello, la carta anual que dedican los presidentes de las empresas a sus accionistas. El puntapié inicial lo dio Banco de Chile. Allí, el presidente del banco controlado por el grupo Luksic y Citi, Pablo Granifo, dijo a los accionistas que en el año 2022 “el entorno de negocios estuvo marcado por un inusual grado de volatilidad e incertidumbre local, dejando atrás la estabilidad de la cual solíamos ser un referente internacional....

March 3, 2023

Noticias, NoticiasChile, Retiro de Fondos

03MarMarch 3, 2023

Problemas de las pensiones en Colombia: expertos aseguran que el sistema actual gasta mucho dinero y tiene una cobertura muy baja

El 16 de marzo el Ministerio de Trabajo radicará ante el Congreso la reforma pensional, que se presentará junto con la laboral, y que actualmente se encuentra en debates entre gremios, sindicatos y Gobierno. Por momentos se han dado a conocer algunos de los cambios que tendrá el sistema de jubilaciones de Colombia, es por esto que el Centro de Estudios Económicos (Anif) y el Centro de Investigación Económica y Social (Fedesarrollo) dieron sus opiniones y recomendaciones en medio...

March 3, 2023

Noticias, NoticiasColombia, Reforma de Pensiones

03MarMarch 3, 2023

La seguridad social en Ecuador: una problemática por atender

El sistema de pensiones del Instituto Ecuatoriano de Seguridad Social (IESS) viene enfrentado diversos problemas que comprometen su sostenibilidad en el tiempo, y desde años atrás se ansían soluciones que mejoren las condiciones del mismo. Algunos de los factores que inciden en la problemática del IESS son: La estructura intergeneracional, que debido al dinamismo poblacional –pues las tendencias demográficas mundiales han cambiado, dado que la esperanza de vida, décadas atrás, se ubicaba entre los 70 y 75 años, y ahora...

March 3, 2023

Noticias, NoticiasEcuador, Seguridad Social

March 2023