February 2023
01Feb

The Progress of Social Security Measures for Labourers in India

By Dr. S.R. Keshava Social security has gained paramount importance in the changed economic scenario. Social security programmes are actively undertaken even in developed nations. The USA social security administration points out that it is much more than retirement program. One in Six Americans (57 million) receives social security benefits in USA. India also has enacted many social security measures for its needy citizens. In order to protect the welfare of unorganized workers the legislative measures namely minimunm wages Act, 1948,...

February 1, 2023
Articles, Labor Market, ,
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01Feb

Financial literacy, longevity literacy, and retirement readiness

By Paul Yakoboski, Annamaria Lusardi & Andrea Hasler Six years of data from the TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) clearly demonstrate that U.S. adults with greater financial literacy tend to have better financial well-being. This report shows that retirement readiness, a specific realm of financial well-being, likewise tends to be better among those with greater financial literacy. In addition, it shows that retirement readiness is also related to longevity literacy. While typically an overlooked factor, the importance of...

February 1, 2023
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01Feb

México. Fitch ratifica las calificaciones de las Siefores de Banco Azteca

Fitch Ratings ratificó las calificaciones de calidad de administración de inversiones de las siefores generacionales (SG) administradas por Afore Azteca, S.A. de C.V., Administradora de Fondos para el Retiro (Afore Azteca) y afirmó las de calidad crediticia al segmento de deuda, con base en el régimen y políticas y estrategia de inversión, la composición crediticia y el factor promedio ponderado de calificación (WARF; weighted average rating factor). Las acciones de calificación aparecen al final del comunicado. FACTORES CLAVE DE CALIFICACIÓN Primer...

February 1, 2023
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01Feb

Uruguay. Las jubilaciones aumentarán por encima de la inflación en 2023

El Índice Medio de Salarios Nominales (IMSN) publicado por el Instituto Nacional de Estadística (INE), finalizó el año pasado en un 9,82%. Con esto, el aumento definitivo para los jubilados en este año será del 6,62% contemplando el adelanto a cuenta del 3% que el Poder Ejecutivo decretó en julio del año 2022. En aquella oportunidad los jubilados y pensionistas recibieron un aumento de sus pasividades con motivo del “incremento de los precios de los alimentos y de los energéticos...

February 1, 2023
Noticias, Noticias,
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01Feb

French workers bring Paris to a standstill in second mass strike over pension reforms

French schools and transportation networks were heavily disrupted Tuesday for the second time this month, as unions staged another mass strike against government plans to raise the retirement age for most workers. Unions and opposition parties called for people to protest in major cities, hoping for a repeat of the first major demonstration against the plans on January 19, when more than 1 million people took part. Strikes that day brought the transportation network to a standstill and shuttered the...

February 1, 2023
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01Feb

Norway’s gigantic sovereign wealth fund loses a record $164 billion, citing ‘very unusual’ year

Norway’s sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for the whole of 2022, citing “very unusual” market conditions. The so-called Government Pension Fund Global, among the world’s largest investors, returned -14.1% last year, which it said was 0.88 percentage points better than the return on its benchmark index. “The market was impacted by war in Europe, high inflation, and rising interest rates. This negatively impacted both the equity market and bond market...

February 1, 2023
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01Feb

Longevity investment hits $5.2bn globally in 2022

Industry analysts at Longevity.Technology today published the 2022 Annual Longevity Investment Report – a full-year report on the state of investment in the longevity sector. The report analyses the companies and investors behind technologies designed to extend the number of years people live in good health. A total of $5.2bn was invested into 130 deals in 2022. While this was down 15% from $6.2bn (190 deals) in 2021 – a breakout year for longevity investing, it was up 77% from...

February 1, 2023
News
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01Feb

How Fintech And Blockchain Are Evolving And Disrupting Financial Institutions

Blockchain technology is disrupting financial institutions in radical new ways. Rather than replacing what already exists, it creates an entirely new market and an avenue to bank the unbanked. Blockchain is creating new financial solutions that scale faster and are cheaper, more secure and more accessible to even ordinary men on the street. It has removed the barriers to enjoying financial services, enforced security, removed middlemen and enhanced transparency. Once touted by investors as worthless and called unprintable names by traditional...

February 1, 2023
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January 2023
31Jan

Chile. AFP fichan a nueva presidenta en medio de la reforma de pensiones: en marzo asume Paulina Yazigi

Tras dos años como presidenta de la Asociación de AFP, la economista Alejandra Cox dejará la presidencia de la Asociación de AFP en marzo, cuando termina su período al mando del gremio que reúne a los actores de la industria. En su reemplazo asumirá la también economista Paulina Yazigi, lo cual se hará efectivo a partir del próximo 1 de marzo. Yazigi tiene un reconocido perfil técnico en temas macroeconómicos y financieros, además de haber sido la primera mujer en...

January 31, 2023
Noticias, Noticias,
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31Jan

Las AFP concentran 18,63 millones de los afiliados al sistema pensional en Colombia

A mediados de marzo, el Gobierno Nacional presentará el primer texto de la reforma pensional, la cual irá de la mano con otras estructuraciones en materia laboral y de salud. El sistema de pilares planteado por el presidente Gustavo Petro y la ministra de trabajo, Gloria Inés Ramírez, será el tema de discusión durante los próximos meses. El panorama actual del sistema de jubilación de Colombia está delimitado por la Superintendencia Financiera, la cual calcula que más de 25,8 millones...

January 31, 2023
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