admin, Author at Pension Policy International

25JanJanuary 25, 2023

Chile. Gobierno busca destrabar reforma de pensiones antes de votación en Comisión de Trabajo de la Cámara

La comisión de Trabajo de la Cámara podría finalizar mañana miércoles la primera etapa de la reforma de pensiones, con la idea de aprobar la idea de legislar el proyecto, antes del receso legislativo. Negociaciones de última hora ha estado impulsando el Gobierno para poder destrabar la primera votación de una de las reformas más importantes de su agenda: la reforma de pensiones. Hasta hace una hora, no había certeza de que la comisión de Trabajo pudiese definir la idea de...

January 25, 2023

Noticias, NoticiasChile, Reforma de Pensiones

25JanJanuary 25, 2023

España. El gasto en pensiones se dispara en enero a la cifra récord de 11.902 millones tras su subida con el IPC

El gasto ha crecido en casi 1.000 millones de euros respecto a la nómina del pasado mes de diciembre y supera por primera vez en la historia los 11.000 millones de euros. Ello se debe a que, en aplicación de la reforma de pensiones, éstas han subido para 2023 un 8,5%, como resultado de la inflación media del periodo diciembre de 2021-noviembre de 2022. El Departamento que dirige José Luis Escrivá estima que el gasto en pensiones se situó en...

January 25, 2023

Noticias, NoticiasEspaña, Fondeo, Gasto en Pensiones

25JanJanuary 25, 2023

UK pension schemes search out forestry investments

Nest and Cushon, two UK pension schemes with combined assets of more than £26bn, are in a joint search for asset management partners to develop new forestry investment strategies to address climate change pressures. Both pension schemes believe that allocating money to forestry projects will offset environmentally damaging emissions from other investments and deliver attractive returns as the price of carbon rises to reflect the increasing costs of pollution by human activity. The schemes have set aside an initial £600mn for...

January 25, 2023

NewsClimate crisis, Investment, Pension Management

25JanJanuary 25, 2023

U.S. insurers likely to increase risk tolerance, private assets – Conning

Most U.S. insurers expect to increase their investment risk tolerance, while adding to their allocations to private assets this year, amid an environment of higher volatility and rising inflation, according to a survey of U.S. life and property and casualty insurers released Tuesday by Conning, a global insurance asset management firm. Specifically, 64% of insurers responding to the survey said they expect an increase in investment risk tolerance in 2023, while 73% said risk-adjusted returns are the No. 1 investment...

January 25, 2023

NewsInvestment, US

25JanJanuary 25, 2023

Colombia. Hacienda descarta que Colpensiones pueda convertirse en banco

Ante las discusiones que se vienen dando en relación a la construcción de la reforma pensionar, que se espera llegue este semestre al Congreso, el ministro de Hacienda, José Antonio Ocampo, descartó la propuesta de que Colpensiones se convierta en un banco, intención que se ha planteado desde varios sectores. “Categóricamente el Ministerio de Hacienda, ya lo había dicho, no acepta la propuesta de que Colpensiones se convierta en banco”, dijo el titular de la cartera de Hacienda. “Desde el punto...

January 25, 2023

Noticias, NoticiasColombia, Reforma de Pensiones

25JanJanuary 25, 2023

Plans to raise retirement age in Lithuania

This month Lithuanian society is left shaken after spreading the news about the increasing of the retirement age. In Lithuania, the retirement age has increased every year since 2012 and by 2026 it will be 65 years. Previously, discussion surfaced on whether raising the retirement age to 72 would help offset Lithuania’s ageing population issues. As Lithuania’s demographic situation continues to worsen, the European Commission estimates that the number of working-age people capable of supporting pensioners will go down in...

January 25, 2023

NewsLithuania, Pension Reform, Retirement Age

25JanJanuary 25, 2023

Spain’s pension spending is approaching the point of no return (and the “baby boom” generation has not yet entered)

Pensions weigh on Spain. As much or more than most of its neighbors in the European Union. Although the bulk of the country’s boomers —born between 1957 and 1977— have not yet retired and the coverage rate of their pension system is lower than the European average, the spending that Spain allocates to them in relation to the size of its economy exceeded the simple average of the EU. If weighted measures are handled, it is already in tune...

January 25, 2023

NewsSpain, System sustainability

25JanJanuary 25, 2023

Ireland. Employers call for rethink on contributions to mandatory workplace pension

Employers’ group Ibec is calling for changes to planned legislation that will put mandatory workplace pensions in place. Contribution levels to the proposed auto-enrolment pension scheme should be looked at again, with competitiveness and affordability reviews completed before contributions are increased from their entry level, Ibec executive Fergal O’Brien will tell an Oireachtas committee on Wednesday. The scheme foresees employers and workers each putting 1.5 per cent of the employee’s gross salary into the scheme at the outset, with the figure...

January 25, 2023

NewsIreland, Occupational Pensions, savings

24JanJanuary 24, 2023

México. Ante minusvalías históricas, afores aseguran que “el ahorro se recuperará”

Este mes, millones de trabajadores mexicanos deberán recibir el estado de cuenta de su Afore, en el cual podrán checar el saldo de ahorro para el retiro al cierre de 2022. Algunas administradoras ya han comenzado a notificar a sus clientes lo complicado que fue el año pasado y que muy probablemente sus estados de cuenta presenten menos dinero respecto del cierre de 2021. Así, las Afore hacen un llamado a la calma a los trabajadores al recordarles que al paso...

January 24, 2023

Noticias, NoticiasAdministración de Pensiones, Mexico, Rendimientos

24JanJanuary 24, 2023

France to move ahead on pension reform despite protests

The French government on Monday said it would move forward with a pension reform plan that has been met with fierce opposition from unions, left-wing parties, and the general public. The plan envisages raising the retirement age gradually from 62 to 64 by 2030, and increasing the number of years needed to pay into the system to obtain a full pension from 42 to 43. All people in retirement in France receive a state pension — currently around €1,400 ($1,500) per...

January 24, 2023

NewsFrance, Pension Reform

January 2023