Al cierre de julio de este año, el saldo en el Sistema de Ahorro para el Retiro (SAR) se mantuvo en un nivel máximo histórico de tres billones 728,044 millones de pesos, con lo que sumó ocho meses al hilo de aumentos, pese a la alta volatilidad en los mercados en el último mes. De acuerdo con la actualización de cifras de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar), la cifra significó un incremento de...
To many people, it may seem like a far-fetched dream, but to an increasing number, early retirement is becoming an everyday reality. For some time now, workers in Germany have been able to pay additional contributions towards their pension in order to be able to retire early without penalties. The latest figures show that the scheme is becoming more and more popular - but it costs a pretty penny. Voluntary pension contributions on the up The Deutsche Rentenversicherung, the...
Sri Lanka has the second highest welfare coverage in Asia, albeit with low spending per person, while other forms of social protection are below par, the Asian Development Bank said. The Social Protection Indicator for Asia Report said that Sri Lanka has the second highest social assistance (welfare assistance and child, elderly and disability assistance) coverage, reaching 54.7 percent of the programs' intendent recipients, behind Thailand's 60 percent. "Sri Lanka’s coverage was well balanced along with welfare assistance, including...
The Prudential Insurance Company of America (PICA), a subsidiary of Prudential Financial, Inc., has completed a longevity swap transaction with the HSBC Bank (UK) Pension Scheme. The longevity swap is the second largest transaction ever completed for a UK pension scheme, and concerns the longevity risk in relation to c£7 billion of pensioner liabilities. The new longevity insurance policy forms part of the Pension Scheme’s investment portfolio and is structured as an insurance contract with a HSBC-owned captive insurer...
Experts from the National Council for Economic Development, as usual, analyzed how average pension has grown for different categories of people. The undisputed growth leader, as before, is the lifelong maintenance of judges. Over the year, pension for this category grew by 78%. The largest category of retired people, namely by age, received an average of 16.7% higher. And, traditionally, the last place belongs to the category of social pensions, where the growth is by 7.9%. The lifelong maintenance...
Por Kevin Kelly Gran parte de lo que sucederá en los próximos treinta años es inevitable, impulsado por las tendencias tecnológicas que ya están en movimiento. En este nuevo libro fascinante y provocativo, Kevin Kelly proporciona una hoja de ruta optimista para el futuro, que muestra cómo los cambios que se avecinan en nuestras vidas, desde la realidad virtual en el hogar hasta una economía a pedido e inteligencia artificial integrada en todo lo que fabricamos, -puede entenderse como el resultado...
Much of what will happen in the next thirty years is inevitable, driven by technological trends that are already in motion. In this fascinating, provocative new book, Kevin Kelly provides an optimistic road map for the future, showing how the coming changes in our lives--from virtual reality in the home to an on-demand economy to artificial intelligence embedded in everything we manufacture--can be understood as the result of a few long-term, accelerating forces. Kelly both describes these deep trends--interacting,...
Bank 4.0 explores the radical transformation already taking place in banking, and follows it to its logical conclusion. What will banking look like in 30 years? 50 years? The world's best banks have been forced to adapt to changing consumer behaviors; regulators are rethinking friction, licensing and regulation; Fintech start-ups and tech giants are redefining how banking fits in the daily life of consumers. To survive, banks are having to develop new capabilities, new jobs and new skills. The...
In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors. This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in...
This book is a practical guide to the evolving landscape of finance, highlighting how it’s changing our relationship with money and how financial technology, together with macroeconomic and societal change, is rewriting the story of how business is done in developing economies. Financial services companies are trying to become more customer focused, but struggling to help huge customer segments, particularly in developing economies. Alternative financial models and tools are emerging, which are being embraced by consumers and incumbents....
