admin, Author at Pension Policy International

22OctOctober 22, 2019

Protestas en Chile: las 6 grandes deudas sociales por las que muchos chilenos dicen sentirse “abusados”

Esta frase se ha repetido en diversas ocasiones desde que estalló la crisis social que tiene a varias ciudades de Chile en estado de emergencia. Es una oración que, sin duda, explica parte del profundo malestar que hay detrás de las violentas protestas ocurridas durante el fin de semana en el país sudamericano. Y es que centenares de chilenos dicen que el alza de la tarifa del metro en 30 pesos fue solo la "gota que rebalsó el vaso"....

October 22, 2019

Noticias2019, Chile, Reforma de Pensiones

22OctOctober 22, 2019

Biggest public pension fund in U.S. dumps private prison firms that run ICE migrant detention centers

The largest public pension fund in the United States is divesting from the two major for-profit prison companies running migrant detention facilities for the federal government, the California Faculty Association announced following a meeting with the California Public Employees Retirement System (CalPERS) on Friday. Read also Where does retirement income come from in the US? The move by CalPERS is part of a larger trend by pension funds and businesses that have pulled their financial backing from GEO Group and...

October 22, 2019

News, Slider2019, ESG, US

22OctOctober 22, 2019

Nigeria: AfDB Advocates Unlocking of U.S.$1.8 Trillion AUM for Investment

The President of the Africa Development Bank (AfDB), Dr. Akinwunmi Adesina, has stressed the need to mobilise mutual funds and other Assets Under Management (AUM) in the continent put at $1.8 trillion, to drive Africa's development. He also said commercial banks who desire to get credit lines from the AfDB would have to increase lending to women-focused businesses, saying the bank was set to launch a rating for women- focused lending. Adeshina, said this in an interview on the...

October 22, 2019

News, Slider2019, Funding, Investment

22OctOctober 22, 2019

UK. FCA calls for pension policy simplification

The Financial Conduct Authority (FCA) has called on pensions policy to be simplified for consumers due to the overly complex nature of defined contribution schemes. Speaking at the Cicero event on the future of regulation, FCA executive director of strategy and competition, Christopher Woolard, said that choices that members may not understand can make a “huge difference” to their retirement outcomes. He outlined the importance of advice for consumers in making these decisions and helping them understand the...

October 22, 2019

News, Slider2019, Adequacy, Social Protection, UK

22OctOctober 22, 2019

Japan. No excuse for inaction on pension reforms

In Japan, which faces an accelerated aging of the population with ever fewer births, a vague sense of anxiety over the public pension system is spreading. Generally speaking, future pension finance greatly fluctuates depending on demographic composition and changes in socio-economic conditions. Accordingly, the government examines the health of pension finance every five years to assess its condition. The result of the latest checkup, disclosed at the end of August, shows that the level of pension benefits about 20...

October 22, 2019

News, Slider2019, Aging, Japan

21OctOctober 21, 2019

Melbourne Mercer Global Pension Index 2019 (MMGPI)

Ageing populations continue to be a significant issue for many economies as we are living longer and fertility rates continue to decline. Pension systems are becoming more important than ever as households want to maintain their living standards throughout retirement. But how is this possible, especially within the economic environment of low interest rates and reduced economic growth? There are implications for employers, employees, governments, as well as the pension funds. Pension reform is being considered in many countries,...

October 21, 2019

Adequacy, Books, Reports, Slider-Left, Sustainability2019, Corporate Governance, ESG, Pension Management

21OctOctober 21, 2019

Sistema de pensiones de México en los peores lugares del mundo: Índice Mercer

De acuerdo con el índice global de pensiones Mercer, México ocupa uno de los últimos lugares entre los sistemas de pensiones alrededor del mundo, la 5ª calificación más baja de los 37 evaluados. Éste índice, calculado por el centro de Estudios Financieros Monash, en colaboración con Mercer y fondeado por el Gobierno de Victoria (Australia), evalúa la sostenibilidad, la adecuación (suficiencia de las pensiones), y la integridad de los sistemas de pensiones y, con base en estos...

October 21, 2019

Noticias2019, Australia, Mexico

21OctOctober 21, 2019

México. Seis consejos para asegurar un retiro digno entre millennials

Ahorrar en su Afore y alcanzar una pensión digna son temas difÍciles de cumplir para los millennials mexicanos; quienes desconocen las herramientas financieras que existen para vivir una vejez sin sobresaltos económicos. La Comisión Nacional del Sistema de Ahorro para el Retiro” (CONSAR) reveló que 83% de dichos jóvenes “les interesa su jubilación”; mientras que 57% considera que las Administradoras de Fondos para el Retiro (Afore) son “una prestación importante”. Sin embargo, más 50% carecen de las nociones básicas...

October 21, 2019

Noticias2019, Ahorro, Mexico, Millennials, Planeación del Retiro

21OctOctober 21, 2019

These are the world’s best (and worst) pension systems

The Netherlands and Denmark have the best pensions systems in the world, according to a global study that shines a light on how nations are preparing ageing populations for retirement. Read also What Does It Take To Build The World’s Best Pension Systems? Ask The Netherlands And Denmark The countries took the top two slots in the Melbourne Mercer Global Pensions Index published on Monday, both earning an A grade for the level of financial security provided in...

October 21, 2019

News, SliderAdequacy, Sustainability

21OctOctober 21, 2019

Irish pensions need urgent reform, industry specialist says

Irish pensions, which lag in the international rankings when it comes to sustainability, need urgent reform as the ratio of workers to retirees is set to fall dramatically over the next three decades, according to human resources consultancy Mercer. While the 2019 Melbourne Mercer Global Pension Index (MMGPI) , published on Monday, has found that Ireland stands in first place for adequacy of expected pension benefits, given the “comparatively generous” State pension, it only ranks 27th when it comes...

October 21, 2019

News, Slider2019, Ireland, Reform

October 2019