admin, Author at Pension Policy International

23JanJanuary 23, 2019

South African state pension fund suspends officials over technology deal

South Africa’s state pension fund said on Tuesday that it had suspended two officials for flouting governance rules over an investment in local technology firm Ayo Technology Solutions. The PIC is the biggest investor in Africa’s most industrialised economy, holding a large volume of bonds issued by state-owned firms and equity stakes in some blue-chip companies. The suspensions come as a state inquiry into governance at the Public Investment Corporation (PIC), which manages 2 trillion rand ($144 billion) in...

January 23, 2019

News, Slider2019, South Africa

23JanJanuary 23, 2019

Canadian pension fund takes stake in Alliant

Canada’s Public Sector Pension Investment Board is investing in Alliant Insurance Services Inc. and the U.S. brokerage’s majority shareholder Stone Point Capital LLC is upping its stake in the firm, Alliant announced Tuesday. Following the transaction, Greenwich, Connecticut-based Stone Point will remain Alliant’s largest institutional shareholder while the company’s management and producers will continue to own “the majority of the firm,” Newport Beach, California-based Alliant said in a statement. Stone Point became Alliant’s largest institutional shareholder in 2015. Alliant...

January 23, 2019

News, Slider2019, Canada

22JanJanuary 22, 2019

México. Ya es hora de discutir con seriedad el sistema de pensiones

En días recientes hemos presenciado signos de que el sistema Issstezac una vez más está en crisis. Los trabajadores expresan su inquietud de distintas maneras y ya se discute el remate de los activos del sistema para pagar las deudas con sus integrantes. El problema nunca se ha enfrentado con seriedad y los gobernantes en turno sólo “patean el bote” para que otros gobernantes hagan lo mismo hasta que el barco se hunda. La transición demográfica de México en...

January 22, 2019

Noticias2019, Mexico

22JanJanuary 22, 2019

Colombia. Rendimiento de pensiones llegó a los 28,5 billones en los últimos dos años

La Asociación Colombiana de Administradoras de Fondos de Pensiones y Cesantía (Asofondos) dio a conocer que entre 2017 y 2018 los rendimientos de los trabajadores en términos de ahorro pensional fueron de al menos 28,5 billones de pesos. Sólo para el caso de 2018 la cifra superó los 403 mil millones de pesos. Así mismo, la entidad comunicó que en los últimos 12 meses, pese a las fluctuaciones, dos importantes segmentos de afiliados (es decir, aquellos próximos a pensionarse,...

January 22, 2019

Noticias2019, Colombia

22JanJanuary 22, 2019

México. Desde hace 10 años el rendimiento de tu afore va a la baja

Al cierre de diciembre de 2018 el rendimiento histórico del Sistema de Ahorro para el Retiro se ubicó en 5.03% en términos reales, cifra que ha seguido una tendencia a la baja durante la última década. De acuerdo con cifras de la Comisión Nacional del Sistema de Ahorro para el Retiro, el rendimiento histórico en términos reales (descontando la inflación) era cercano a 9% hace una década; cifra que ha venido disminuyendo por la alta volatilidad global, incrementos en...

January 22, 2019

Noticias2019, Mexico

22JanJanuary 22, 2019

Perú. Fórmulas para subsistir: Las AFP apuran nuevos productos este año

Alistan formatos para lidiar con la salida de S/18 mil millones del sistema. La eliminación de la comisión por sueldo es el punto de inflexión Las críticas llueven, cada tanto, sobre el sistema privado de pensiones (SPP) y sobre la principal reforma que se le aplicó en el 2013 (aquella que provocó colas kilométricas en las sedes de las AFP, para quienes no la recuerdan). Pero, dentro de toda esta onda de negatividad que parece perseguir como sombra al...

January 22, 2019

Noticias2019, Perú

22JanJanuary 22, 2019

México. Traspasos de cuentas de afores crecieron 29% en 2018 con más de 2 millones

Cambio de gobierno y cancelación del aeropuerto provocó que los trabajadores se cambiaran de afore. Los días negros que se vivieron en la Bolsa Mexicana de Valores y en el tipo de cambio a lo largo del 2018 provocaron que 2 millones 437,301 trabajadores se cambiaran de administradora de fondos para el retiro (afore). De acuerdo con datos de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar), los traspasos de cuenta fueron 29% mayores a los...

January 22, 2019

Noticias2019, Mexico

22JanJanuary 22, 2019

South Africa opens inquiry into improper use of government pension funds

A commission of inquiry into South Africa's Public Investment Corporation (PIC) has just opened. The inquiry has a remit to look into allegations of mismanagement and corruption going back to 2015. The PIC is Africa's biggest asset manager. The PIC manages the bulk of pensions of South African civil servants on behalf of the Government Employees’ Pension Fund. Its investments are worth two trillion rands, about 126 billion euros. The scale of its investment makes the PIC the largest...

January 22, 2019

News, Slider2019, South Africa

22JanJanuary 22, 2019

Canada’s vast pension fund is sticking with China even as political tensions mount

Investment strategies involving China are coming under scrutiny amid political and security-related conflicts between Beijing and major Western economies, as well as a predicted growth slowdown for the world's second-largest economy. But Canada's massive pension fund, among the world's top 10 in terms of size, is sticking to plans to expand its holdings there. Mark Machin, president and chief executive of Canada's Pension Plan Investment Board (CPPIB), sees the country's potential to diversify his portfolio as outweighing any shorter-term...

January 22, 2019

News, Slider2019, Canada

22JanJanuary 22, 2019

Ageing Hong Kong should aim to keep its elderly healthy and in a job, rather than eligible for welfare

With improved medical science and a rising standard of living, most countries have seen a steady increase in life expectancy. Someone born in Hong Kong today, for example, could expect to live about 12 years longer than their counterpart did in 1960 and will have much better access to welfare support as well as healthcare provisions. At present, 17 per cent of the population in Hong Kong is aged 65 or above, with more than 1.2 million people in...

January 22, 2019

News, Slider

January 2019