March 2019

Pension Plans in Mexico: Market Sales

By Editorial DataGroup Americas The Pension Plans Mexico eBook provides 14 years Historic and Forecast data on the market for each of the 5 Products and Markets covered. The Products and Markets covered (Pension Plans) are classified by the Major Products and then further defined and analysed by each subsidiary Product or Market Sector. In addition full Financial Data (188 items: Historic and Forecast Balance Sheet, Financial Margins and Ratios) Data is provided, as well as Industry Data (59 items)...

Millennial Money Mindset: How to Win Finances and Influence Pensions

By Neil Doig The rules have changed. The baby boomer’s financial plan was easy. Finish university debt free, waltz into a job for life, buy an affordable house and finish the last day of work with a handshake, a carriage clock and a guaranteed income for life. Millennials need a new plan. We have lived through the financial crash of 2008, many are scared of losing all their money in the stock market, are getting next to nothing from saving,...

Retirement Challenge – A Perspective for Emerging Markets

By Nadeem Jeddy (Independent) The West offers valuable lessons in managing retirement challenge but their experience needs to be contextualized for a vastly different sociopolitical environment of the emerging markets. This has important implications for aggregating retirement pools to build scale, investment model of firms, boundary for public sector role and solutions for income security. The article describes the differences in sociopolitical context, reviews some important Western lessons and then proceeds to outline the key features of a sustainable retirement...

Working while Studying: Employment Premium or Penalty for Youth in Benin?

By Senakpon F. A. Dedehouanou (KU Leuven), Luca Tiberti (Université Laval), Hilaire Houeninvo (University of Abomey-Calavi), Djohodo Inès Monwanou (National University of Agriculture (Benin)) Most youth in developing countries leave school with only a general academic education level, slowing down their transition to the labor market. We analyze whether work experience during school can help youth transition more easily to a first job in Benin. We used data from the 2014 School-to-Work Transition Survey (SWTS) and a multi-equation model to...

Reforming Social Security: The Challenge of Income Inequality

By David W. Rasmussen (Pepper Institute on Aging and Public Policy) Objective: This article examines the role Social Security plays in alleviating poverty among retirees in the context of threats to its solvency.  Method: Examining long-term employment trends, declining access to defined benefit pensions and saving behavior can determine if in the more future Social Security beneficiaries are likely to be poor.  Results: Labor market trends driven by technical change, global competition and increasing demand for services indicate that more future retirees...

“México debe ser líder en finanzas de género”, BID

"Vemos a México como un país que puede tener un papel relevante en impulsar las finanzas con enfoque de género", aseguró la directora de Negocios de la institución, Gema Sacristán. El BID Invest aseguró que el gran mercado financiero y de capitales en México le hará posible al país ser punta de lanza en la región para detonar las finanzas que promueven la igualdad de género. Resaltó que las compañías que son lideradas por mujeres y que apoyan la...

Hacienda hace llamado a las Afore: pongan atención en títulos con perspectiva negativa

Las administradoras de fondos para el retiro (Afores) deberán poner más atención a las entidades u empresas a las que calificadoras de riesgo les revisó la perspectiva de la calidad crediticia a negativa, con el fin de tomar mejores decisiones de la inversión que hacen con los recursos de los trabajadores, recomendó Carlos Noriega, titular de la Unidad de Seguros, Pensiones y Seguridad Social de la Secretaría de Hacienda. “El hecho de que las calificadoras indiquen que la calidad crediticia de los bonos...

Avances en Brasil dependen de reforma de pensiones, afirma Bolsonaro

El presidente de Brasil, Jair Bolsonaro, afirmó hoy que los avances necesarios para el país dependen de la aprobación de la reforma de pensiones enviada el mes pasado al Congreso. "Los avances que Brasil necesita dependen de la aprobación de la Nueva Previsión Social. Es a partir de ella que el país tendrá condiciones de estabilizar las cuentas, potenciar inversiones, viabilizar una rígida reforma tributaria y encoger aún más la máquina pública, reduciendo nuestras (empresas) estatales", escribió Bolsonaro en su...

UK. Amber Rudd sparks race row after referring to Diane Abbott as ‘coloured’

Work and Pensions Secretary Amber Rudd has apologised after referring to the shadow home secretary, Diane Abbott, as “a coloured woman.” Rudd made the comments on Jeremy Vine’s BBC Radio 2 show on Thursday, while talking about abuse of women in Parliament. “It definitely is worse if you’re a woman, and it’s worst of all if you’re a coloured woman,” she said. “I know that Diane Abbott gets a huge amount of abuse, and I think that’s something...

SA’s pension pot at risk as government seeks funding

The pension pot in South Africa, one of the largest in the world, could be under threat as government, whose debt is growing every year, looks for new funding sources. This according to the Institute of Race Relations (IRR), which warned of a threat by government to stipulate what the pension funds of about 16 million South Africans should be invested in. In its election manifesto, the ANC said it would investigate the introduction of prescribed assets on financial...