admin, Author at Pension Policy International

17FebFebruary 17, 2023

UK. Industry organisations call for ‘urgent’ clarity on pensions dashboards

Industry experts have argued that “regulatory certainty” around pensions dashboards is needed as quickly as possible, with concerns over the timing and implementation of pensions dashboards emerging ahead of the first scheme staging deadlines. The Financial Conduct Authority (FCA) and Pensions Dashboards Programme (PDP) recently held consultations to gather views on proposed design standards for pension dashboards, and the regulatory framework for operators, both of which closed today (16 February). However, whilst the consultations were broadly welcomed by industry experts, concerns...

February 17, 2023

NewsOperations, Technology, UK

17FebFebruary 17, 2023

Switzerland. Phone scammers targeting pensioners in Zurich stole 6,7 million francs in 2022

Phone scammers targeting residents of Zurich succeeded in stealing 6,7 million Swiss francs in 2022, SRF has reported. The trick involves the scammers posing as police officers and calling victims to ask them to pay “bail” in order to release a relative from jail. Many of the victims were retired. Phone scammers try to trick hundreds each day in Zurich According to Swiss broadcaster SRF, phone scammers try to swindle the residents of Zurich out of their hard-earned money hundreds of...

February 17, 2023

NewsIncome, supervision, Switzerland

16FebFebruary 16, 2023

México. Afores registraron 151,318 mdp de plusvalías en enero

La Consar espera que las minusvalías registradas en todo el 2022 se reviertan en febrero; se prevé cierta estabilidad en los mercados. Las administradoras de fondos para el retiro (afores) iniciaron el 2023 con el pie derecho al registrar 151,318 millones de pesos en plusvalías durante enero, así lo informó la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). El dato del 2023 presentando por la Consar contrasta con los 136,575 millones de pesos de minusvalías de registradas...

February 16, 2023

Noticias, NoticiasAdministración de Pensiones, Inversión, Mexico

16FebFebruary 16, 2023

Pensiones en Colombia: se requiere cobertura de 50% de asalariados en el sistema para cumplir convenio de OIT

No hay vuelta de hoja. Colombia no tiene más remedio que hacer una reforma pensional, y tendrá que ser con un carácter estructural, tanto para cumplir con los parámetros que manda la Constitución, de volver al sistema más eficiente, universal y con el Estado direccionando la seguridad social; como para estar acorde con los estándares internacionales. Esa es la conclusión que se desprende del informe presentado por la misión de la OIT (Organización Internacional del Trabajo), que vino a Colombia...

February 16, 2023

Noticias, NoticiasCobertura, Colombia, Reforma de Pensiones

16FebFebruary 16, 2023

México. Retiros parciales por desempleo en afores sumaron 1,866 millones de pesos en enero

Los retiros parciales por desempleo en las administradoras de fondos para el retiro (Afores) registraron 1,866 millones de pesos en enero del 2023 lo que representó un incremento anual de 10.6% en términos reales, de acuerdo con datos de la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). La cantidad retirada en el primer mes de este año es la mayor desde que se tiene registro, así lo revelan los datos de la dependencia de gobierno. El dato de...

February 16, 2023

Noticias, NoticiasAdministración de Pensiones, Mexico, Traspasos

16FebFebruary 16, 2023

Chile. Los autopréstamos, otro golpe a las pensiones

El fantasma de los retiros desde los fondos de pensiones se mantiene en la actual discusión del sistema previsional. Tras el rechazo del Congreso al quinto retiro en abril de 2022, el informe de la Comisión de Constitución de la Cámara estableció que no se podía tramitar una iniciativa hasta dentro de un año, plazo que se acerca a su fin. La última moción de retiro de fondos tenía su foco en la estricta cobertura de necesidades sociales. A partir...

February 16, 2023

Noticias, NoticiasChile, Retiro de Fondos

16FebFebruary 16, 2023

Global institutional retirement assets decline 16.7% in 2022 – Thinking Ahead Institute

Global institutional retirement assets saw a drop of 16.7% in 2022 compared to 2021, dipping to $47.9 trillion — a decline not seen since the 2008 global financial crisis, according to a study by the Thinking Ahead Institute in London. Marisa Hall, institute head, said that retirement assets are very linked to capital markets. "When you see corrections in equities and bonds as we have seen over the last year, it will have a knock-on effect on pension funds," she said. Read...

February 16, 2023

NewsPension Management

16FebFebruary 16, 2023

Denmark’s AkademikerPension takes on the banks financing fossil fuels

Denmark’s AkademikerPension, the member-owned pension fund for 150,000 academics, has just notched up another important milestone in its ambitious sustainability strategy. Pressure from the fund’s CIO and chief financial officer Anders Schelde on Denmark’s Dankse Bank contributed to the lender announcing plans to end new financing to oil and gas E&P companies that don’t have a credible transition plan in line with the Paris Agreement. Last year, Schelde stood up and challenged Dankse executives at the bank’s AGM, the only...

February 16, 2023

NewsDenmark, ESG, Investment, Pension Management

16FebFebruary 16, 2023

Third of UK savers unaware of their retirement options

The firm's Future of Global Retirement report - which surveyed 8,000 savers across the UK, Australia, South Africa and the US - found the UK ranked lowest when it came to understanding of savers' options at retirement. The report - published today (16 February) - discovered with the increasing cost of living, a third (34%) of respondents are concerned they would be unable to afford their day-to-day living costs in retirement. The research revealed a gender discrepancy as 38% of...

February 16, 2023

NewsFinancial Education, UK

16FebFebruary 16, 2023

Flexibility And Earning Potential, Two Lures Of The Gig Economy

We’ve been talking about the gig economy in the United States, which, by the end of 2022, had 70 million gig workers—the most in the world—and how this mode of working might tie in with inclusive capitalism. The choice to work freelance comes with pluses, as we found, and some minuses too. Most of the deficits take the form of the loss of financial security nets. Despite some isolated efforts on the part of U.S. lawmakers to give gig...

February 16, 2023

NewsInformal Sector, Labor Market

February 2023