admin, Author at Pension Policy International

24MarMarch 24, 2020

UK. Parliamentary pension fund steps up renewables investment, but MPs insist full divestment urgently needed

MPs and peers have today again called on Parliament's pension fund to divest from fossil fuel assets, after its latest annual report revealed that despite an uptick in green investments the fund is still heavily reliant on fossil fuel majors. The cross-party Divest Parliament initiative today responded to the recently released annual report from the Parliamentary Contributory Pension Fund (PCPF), which revealed that the fund has significant increased its interest in low carbon assets while reducing its exposure to...

March 24, 2020

News, Slider2020, ESG, Investment

24MarMarch 24, 2020

Australia’s pensions industry in urgent talks on coronavirus crisis changes

Australia's A$3 trillion ($1.72 trillion) pension industry was not consulted on the federal government's decision to allow the unemployed and sole traders early access to retirement savings and is now in urgent talks about the move, sources said. Read also New ZealandTime to rethink everything especially super policy Prime Minister Scott Morrison and Treasurer Josh Frydenberg on Sunday revealed a A$66 billion fiscal stimulus package including measures allowing workers to take up to A$20,000 out of their superannuation savings over...

March 24, 2020

News, Slider2020, Funding

24MarMarch 24, 2020

Fintech firms say new tech could speed recovery from COVID-19

Financial technology companies are working to improve behind-the-scenes market functions, such as exchanging securities and making lending decisions, saying the use of new technologies could help markets recover faster than they did in past financial crises. New York-based Paxos Settlement Service last month became the first firm to use blockchain technology to settle U.S. stock trades, the process by which securities are exchanged for cash after two parties agree to a trade. The settlement process is more complicated than...

March 24, 2020

News, Slider2020, Coronavirus, COVID-19, Fintech

23MarMarch 23, 2020

En México existe brecha de desigualdad en prestaciones de ley para trabajadores

Uno de los beneficios que los trabajadores esperan y deben recibir al ser contratados en una empresa son las prestaciones de ley; mismos que les brindan la posibilidad de acceder a servicios de salud, préstamos económicos, licencias, vacaciones, aguinaldos y primas, por mencionar algunos. Sin embargo, no con todos los tipos de contratación se obtienen los mismos beneficios. En la Ley Federal del Trabajo vigente en México, se detalla que existen distintos tipos de contratos laborales: contratación por obra...

March 23, 2020

Noticias, Uncategorized2020, América Latina, Mercado Laboral, Sector Informal

23MarMarch 23, 2020

Costa Rica. Pensión complementaria y Fondo de Capitalización en la mira de diputados por Covid-19

Retirar la pensión complementaria y el Fondo de Capitalización laboral (FCL) es lo que proponen diputados de varios partidos ante la emergencia por el Covid-19. Se trata de congresistas de Liberación y Restauración, quienes han presentado diversas iniciativas en la última semana. Entre ellos se encuentran Franggi Nicolás y Karine Niño, de la bancada verdiblanca, y Eduardo Cruickshank y Carlos Avendaño, de Restauración. {link1} Como parte de la contención de la crisis por el virus, los diputados y el...

March 23, 2020

Noticias, Uncategorized2020, América Latina, Coronavirus, Costa Rica, COVID-19, Pensiones Públicas

23MarMarch 23, 2020

COVID-19 puts burden on gig economy workers. But can they deliver without social protection?

The coronavirus outbreak has caused life across the world to stutter to a halt and the barricades are now quickly going up. Borders are being shut down and people are increasingly seeking to isolate themselves as restricting social contact has been touted by the scientific community as the one measure that may work to decelerate the pace of the virus’ spread. However, in order for most of society to survive the isolation comfortably, we shall find ourselves increasingly dependent...

March 23, 2020

News, Slider2020, Coronavirus, COVID-19, Informal Sector, Labor Market, Social Protection

23MarMarch 23, 2020

Ageing populations expected to impact fiscal policies, says Moody’s

Population ageing is expected to raise the debt and financing requirements of many advanced economies in the coming decades, according to a report by Moody’s Investors Service released on March 4. In addition, a shrinking labour force and lower private domestic savings due to a growing ageing population will constrain funding for governments in those economies. The report notes that the twin pressures of shrinking labour force and lower private domestic savings will leave politically challenging fiscal consolidation,...

March 23, 2020

News, Slider2020, Aging, Public Policy

23MarMarch 23, 2020

New ZealandTime to rethink everything especially super policy

When share markets crash, it becomes clear that shares are only ever a potential claim on resources. They have to be converted into money before they can command the basics of survival. When the music stops, few want to buy any more. Today’s share market crash reflects not just the bursting of a speculative bubble but also a loss of faith in the viability of the underlying businesses associated with tourism and travel. While housing is a real...

March 23, 2020

News, Slider2020, New Zealand, Public Policy

23MarMarch 23, 2020

Kenya’s Pezesha wins CATAPULT: Inclusion Africa 2020 bootcamp

Thirteen Africa-focused fintech startups took part in CATAPULT: Inclusion Africa 2020, which helps companies focusing on financial inclusion to scale. Developed by the LHoFT Foundation, the programme provided selected startups with access to a tailor made program with intensive mentoring, coaching, peer-to-peer learning and dedicated workshops. It culminated in a bootcamp, with Kenya’s Pezesha, a peer-to-peer micro lending marketplace that connects lenders with high quality, underserved, low income borrowers, named overall winner. The other selected startups included three from...

March 23, 2020

News, Slider2020, Africa, Fintech, Kenya

23MarMarch 23, 2020

A List Of Fintech Firms Providing Free Technology To Banks During The Coronavirus Crisis

To help banks help their customers through these trying times, many fintech providers are extending free, discounted, or accelerated deployment offers to financial institutions. Version 1: March 23, 2020 (52 companies) Company: 401GO Contact: www.401go.com/401gofaqs Offer: 401GO is a small business 401(k) platform. We are removing any fees other than the per participant per month fee ($9 per participating employee per month), which covers everything for a 401(k) plan (testing, notifications, payroll monitoring, filing of Form 5500, etc.). Use this code...

March 23, 2020

News, Slider2020, Fintech

March 2020