August 2019

Chile. El desafío de reformar el sistema previsional

Durante estas semanas se ha revitalizado el debate sobre como reformar nuestro sistema previsional. El Gobierno en busca de una politica publica consensuada y sostenible en el tiempo, ha optado por una alternativa equilibrada, a saber, un ente estatal (llamado Consejo Administrador de Seguros Sociales o CASS) que, entre otras funciones, administraría el 4% de cotización adicional, licitándolo a entidades especializadas de giro único. A pesar de que se podría haber simplemente incrementado el porcentaje de cotización,...

México. Llaman a comercios a la formalidad

La Secretaría de Hacienda Y Crédito Público y el gobierno capitalino presentaron el programa "Súmate" con el que buscan combatir el comercio informal. Desde el Mercado de Medellín en la colonia Roma, el titular de SHCP, Arturo Herrera, argumentó que pasar a la formalidad traerá beneficios al contribuyente. Y es que, detalló que seis de cada diez comercios están en la informalidad. En tanto que la jefa de Gobierno, Claudia Sheinbaum, comentó que, con la suma de comercios al pago de impuestos, los mismos podrán acceder a...

México. Acusan a InverCap Afore de robo y posible fraude

Como en otras partes de la República, ahora usuarios del Estado de Campeche acusaron a la empresa InverCap Afore de robo y posible fraude por negarles el retiro de sus ahorros. El doctor José Luis Góngora Ramírez, por su parte, exigió a la Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros (Condusef) comenzar las sanciones e investigaciones. A un costado de las ocinas centrales de la empresa InverCap Afore, ubicada en el barrio de...

Perú. Aumentan los requisitos para dejar una AFP y volver a la ONP

Si te cambiaste de la ONP a la AFP y ahora quieres regresar al sistema previsional estatal, estos son los requisitos que debes cumplir, según el superintendente adjunto de la Superintendencia de Banca, Seguros y AFP (SBS), Elio Sánchez. De acuerdo a la Ley N° 28991 de Libre Desafiliación Informada, aprobada por el Congreso en 2007, los afiliados de una de las cuatro AFP presentes en el país que deseen retornar a la ONP deberán contar con los supuestos...

Japan’s Pension Fund Warns of Global Investing Losses

Global markets have become so synchronized that money managers risk losing on every front, according to Hiromichi Mizuno, chief investment officer of the world’s largest pension fund. Japan’s $1.5 trillion Government Pension Investment Fund lost money in equities, fixed-income and currency positions in the last three months of 2018, Mizuno pointed out on Tuesday in Sacramento, California. Read also World’s Biggest Pension Fund Adds $2.4 Billion “Conventional wisdom of portfolio diversification is when we lose money in equity we make...

UK. Pension age hike plan called ‘chilling and immoral’ by Baroness Ros Altmann

Tory Iain Duncan Smith's proposal to hike the pension age to 75 has been branded "chilling and immoral" - by a Tory former pensions minister. Ros Altmann said retraining people older than 50 to find jobs should be a greater priority than the plan, dreamed up by Mr Duncan Smith's Centre for Social Justice (CSJ) think tank. The CSJ said the state pension age should rise to 70 by 2028, and then to 75 by 2035. Read also...

Statistics indicate more Kenyans now willing to save

According to industry figures, there has been enormous appetite for a pension which has seen the industry total pension funds under guaranteed arrangement grow from Ksh. 163 billion to 183.7 billion a growth rate of 12.7% despite the heavy withdrawals during the same period which was as a result of mergers & acquisition and closure of big stores like Nakumatt in 2018. It is projected that pension under this class will grow to 300 billion shillings by 2020...

A New Approach To Financing Retirement

‘Whatever you do, don’t try to sell us an annuity.’ When 60-something couples visit a financial adviser’s office for help with retirement planning, these are often the first words they say after sitting down. Most of what they’ve read about annuities has been eye-glazing or frightening. But don’t write off annuities yet. Owning annuities can pay off in the long run—especially if you’re married and in decent health, don’t have a gilt-edged pension, and aren’t sure that your savings...

Indian regulator clears Canadian pension fund stake in Delhivery

An Indian government regulator cleared the way for the investment arm of Canada’s public pension fund to acquire up to 8 percent of the logistics firm Delhivery. The Competition Commission of India announced the decision in a tweet on August 20. The deal, reportedly worth about $150 million, gives the e-commerce fulfillment company the backing of one of the world’s largest private equity investors, the Canada Pension Plan Investment Board (CPPIB). CPPIB will purchase shares from existing investors, according...

UK. Ruth Wishart: Principle on which we base the state pension is flawed

By Ruth Wishart YOU remember good old Iain. Chap who used to be leader of the Conservative Party till they found out he was pretty useless at it, so they got rid of him. The bloke who was put in charge of benefit reform and took years to come up with that model of equity and clarity: Universal Credit. Which turned out to create more anomalies than it was set up to solve. So they got rid of him....