October 2019

01Oct

UK government writes to British expats but pension freeze risk remains

The UK government is writing to more than 363,000 British expats who retired and now live in the EU to reassure them that their state pensions will still increase in the event of a no-deal Brexit. However, that guarantee is only valid for three years. The Department for Work and Pensions (DWP) is sending out letters outlining that even in the event of a no deal Brexit, pensions for those in the EU will be uprated for a further 3 years...

October 1, 2019
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September 2019

30Sep

México. Millenial… es hora de pensar en tu retiro

Los Millennial podrían perjudicar su futuro de no tomar consciencia sobre su ahorro para el retiro, esto es debido a que aunque el 83 por ciento de estos consideran que la posibilidad de jubilarse y recibir una pensión es muy importante, solo 5 de cada 10 respondieron correctamente a preguntas básicas sobre finanzas, de acuerdo con la Encuesta Nacional ¿Qué piensan los Millennials mexicanos del ahorro para el retiro? realizada por la Comisión Nacional del Sistema de Ahorro para...

September 30, 2019
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30Sep

Chile. “Si se permite (retiro de fondos) se pone en riesgo cómo esa persona se va a financiar en los próximos 30 años” Previsión Social

María José Zaldívar, subsecretaria de Previsión Social, estuvo como invitada este domingo a Estado Nacional, donde conversó sobre el sistema actual se pensiones y la posibilidad de que las personas pudiesen retirar sus ahorros, a partir del caso de la profesora que lo solicitó al Tribunal Cosntitucional para pagar su crédito hipotecario. Lee también Costa Rica. Junta Directiva de la CCSS acuerda objetar proyecto de ley que pretende que trabajadores retiren recursos de pensión complementaria En ese contexto, comenzó refiriéndose...

September 30, 2019
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30Sep

UK. State pension could rise by 4% next year – giving elderly £351 extra a year

If you reached state pension age before April 6 in 2016, you'll be receiving the old state pension, which means your payments would rise from £129.20 to £134.35 per week - or an extra £267.28 per year, insurer Aegon says. The state pension is currently protected by the so-called triple lock, which ensures it rises by at least the same rate as the cost of living. It means that the state pension increases either by 2.5 per cent a...

September 30, 2019
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30Sep

Australia. A simpler system would be super

In the past year, reports by the Productivity Commission and the banking and financial services royal commission have prompted intense and commendable consideration about the direction of Australia’s retirement and savings policies. Superannuation should not be as cruelly complex as it is. While the system’s basic concept is elegant – providing workers with a compulsory employer-paid super contribution equivalent to at least 9.5 per cent of salary – the confounding rules, layers of costs, tax benefits and snags are...

September 30, 2019
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30Sep

Japan’s public pension fund to hike investment in foreign bonds

Japan's Government Pension Investment Fund plans to expand its investment in foreign bonds. The move has been prompted by increased difficulty in managing funds in Japanese government bonds due to the Bank of Japan's negative interest rate policy. The expected increase in foreign-bond buying by one of the world's largest institutional investors may impact the foreign exchange market. The GPIF wants to change its asset management plan so that it can treat foreign bonds as domestic bonds if they...

September 30, 2019
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27Sep

Women and Labour Market Dynamics: New Insights and Evidences

By Balwant Singh Mehta, Ishwar Chandra Awasthi This book addresses women’s changing role in and contributions to the Indian labour market. It explores how feminist theories and frameworks have changed over time and gradually been supplanted by new ones. The book explores the structural shift in women’s employment from farm to non-farm jobs in services and industries, both theoretically and empirically. Further, it examines the steady rise of women in high skilled or ‘new economy’ sectors like information and...

September 27, 2019
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27Sep

Corporate Governance and Value Creation in Japan: Prescriptions for Boosting Roe

By Ryohei Yanagi This is the first book to furnish a root cause of the low valuation of Japanese listed companies by using, as qualitative evidence, unique global investor surveys, which are rarely available for Japanese companies. Also contained in this book as quantitative evidence is empirical research with regression analysis implying a positive correlation between corporate governance and value creation in Japan. The author explains the rationale underlying the suggestion of the Ito Review on return on equity...

September 27, 2019
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27Sep

Pensions and Early Retirement: The Case of The Public Servants in Uganda

By Kibs Boaz Muhanguzi Retirement, if influenced by pensions, can be a good manifestation of how the government can use the pension system as a fiscal instrument to achieve some socioeconomic targets. Borrowing intuition from the postulations of disengagement theory of aging that when the elderly retire, they free up positions in paid work for the entry of young individuals, this study investigates the role of incentives on early retirement. The high levels of unemployment in Uganda amidst the...

September 27, 2019
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27Sep

Does Automatic Enrollment Increase Contributions to Supplement Retirement Programs by K-12 and University Employees?

By Robert L. Clark, Denis Pelletier This study examines the impact of the adoption of automatic enrollment provisions by schools and universities in the state of South Dakota for its supplemental retirement saving plan (SRP). In South Dakota, educational personnel are also covered by a defined benefit pension plan and by Social Security. Thus, career public employees in South Dakota can expect a life time annuity from these two programs of around 75 percent of their final salary. Prior...

September 27, 2019
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