January 2019

14Jan

The Course of Income Inequality As a Cohort Ages into Old-Age

By Thomas L. Hungerford (National Academy of Social Insurance (NASI); Independent)Several researchers have shown that income inequality of a cohort increases as the cohort ages. The various studies examining cohort income inequality use a variety of data, measures, and methods. Is the U.S. experience documented in other studies due to potential biases due to data, measures and/or methods? This study examines cohort income inequality using nationally representative longitudinal data and a variety of inequality measures to follow a large...

January 14, 2019
Aging, Articles, Slider-Left,
Read more...
11Jan

First report costs and past performance

By EIOPA (European Insurance and Occupational Pensions Authority) Executive Summary The report sets out aggregate data on the costs of insurance-based investment product (IBIPs) across the EU, and, to a limited extent, certain personal pension products (PPPs). The data also sets out net performance for the period between 2013-2017. It follows the European Commission request to the European Supervisory Authorities to periodically reporto on costs and past performance of retail investment products. It has been undertaken as a “pilot” exercise, reflecting an anticipated need for...

January 11, 2019
Books, Corporate Governance, Pension design, Regulation, , ,
Read more...
11Jan

México. Cada día más digitales, pero aún sin ahorrar para el retiro

¿Qué tan buenos hábitos financieros tienen los mexicanos? Después de conocer los resultados de la más reciente Encuesta Nacional de Inclusión Financiera (ENIF) quizás muchos quieran añadir otros propósitos a la lista del 2019. La publicación de la ENIF 2018 dada a conocer a finales de noviembre del año pasó un poco desapercibida debido a que la atención se enfocó al cambio de gobierno y las vísperas de las fiestas decembrinas, pero ahora que se inicia un nuevo año...

January 11, 2019
Noticias,
Read more...
11Jan

Colombia. Reforma pensional del gobierno Duque no aumentaría la edad de jubilación

El ministro de Hacienda, Alberto Carrasquilla, afirmó que la iniciativa podría presentarse en julio al Congreso. En Colombia, solo el 30% de los habitantes que llega a la edad de jubilación logra pensionarse. De estos, el 50% recibe solo un salario mínimo, el 25% dos salarios mínimos y el 25% tiene pensiones altas. Pese a este panorama, el gobierno sostiene que no se va a subir la edad de jubilación. “No va a ser alterado el tema de las...

January 11, 2019
Noticias,
Read more...
11Jan

México. Coppel ve bien que Consar tenga más facultades

La propuesta de que la Consar tenga mayores facultades sobre cómo y en qué van a invertir las afores es una buena noticia para el sector, consideró Mauricio Alarcón, director general de Afore Coppel. La propuesta de que la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) tenga mayores facultades sobre cómo y en qué van a invertir las afores es una buena noticia para el sector, consideró Mauricio Alarcón, director general de Afore Coppel. “Es una...

January 11, 2019
Noticias,
Read more...
11Jan

EIOPA analyses costs and past performance of insurance and pension products

The European Insurance and Occupational Pensions Authority (EIOPA) published today its first Report on Costs and Past Performance of insurance and pension products following a request of the European Commission to the European Supervisory Authorities (ESAs) to periodically report on costs and past performance of retail investment, insurance and pension products. This first report provides aggregate data on the costs of insurance-based investment products (IBIPs) across the European Union as well as for certain similar personal pension products (PPPs)...

January 11, 2019
News, Slider,
Read more...
11Jan

US. Small Business Employees Sorely Need Retirement Plan Coverage

LIMRA data shows nearly four in 10 workers say they began to save for retirement because their employer offered a retirement savings plan. Data shared by LIMRA shows four in 10 employers with fewer than 100 employees currently offer retirement benefits, meaning the small business employee retirement plan coverage gap remains a significant industry challenge for 2019. The LIMRA research highlights the fact that Americans’ top financial concern is affording a comfortable retirement—and that they believe access to a...

January 11, 2019
News, Slider,
Read more...
11Jan

Japan. Face challenges of a shrinking, aging population

The latest population estimate by the Health, Labor and Welfare Ministry, released late last month, points to the accelerating decline of Japan’s population with ever fewer births. The number of babies born in this country in 2018 is estimated at 921,000 — down 25,000 from the previous year and falling short of 1 million for the third year in a row. The lowest annual number of births on record since the government began taking comparable statistics in 1899 was...

January 11, 2019
News, Slider,
Read more...
11Jan

UK. Local government workers to receive increased pensions protections

Consultation to look at strengthening pensions protections for local government staff who have had their roles outsourced. Public sector workers will receive increased pensions protections in the event their job is outsourced, in proposals published today (10 January 2019). The Ministry of Housing, Communities and Local Government is consulting on reforms to ensure local government workers whose roles are compulsorily transferred to independent providers, retain the right to remain in the Local Government Pension Scheme. Under the reforms, transferred...

January 11, 2019
News, Slider,
Read more...
10Jan

Perú. AFP: Afiliados podrán hasta quintuplicar su fondo en caso de invalidez

Giovanna Prialé, presidenta de la Asociación de AFP, señala cuáles son los requisitos mínimos que debe cumplir un afiliado para que pueda acceder a este beneficio. Si usted está afiliado al Sistema Privado de Pensiones ( SPP ) y aporta mes a mes debe haber notado que, además del 10% que le descuentan de su sueldo para su fondo individual y la comisión por administración, se le descuenta 1.35% por Seguro de Invalidez, Sobrevivencia y Gastos de Sepelio. Este...

January 10, 2019
Noticias,
Read more...