November 2018

05Nov

UK. Third of pension schemes in surplus but have not agreed long-term targets

According to a new study, 37% of pension schemes are currently enjoying a funding surplus. At the same time, however, a similar number are yet to agree on a long-term target for their funds, suggesting they could be doing more to capitalise on their current momentum. In recent years challenging market conditions and an ageing population have seen some schemes run increasingly large deficits. However, in 2018, reporting into the segment has found that most pension schemes are relatively well-positioned...

November 5, 2018
News, Slider,
Read more...
05Nov

Bangladesh. Govt launches national social security strategy action plan

The Cabinet Division of the government with support from the United Nations Development Programme (UNDP) and Australian Aid, launched the National Social Security Strategy (NSSS) Action Plan on Sunday. The action plan was launched at the national conference on Social Security Programme held at Bangabandhu International Conference Centre (BICC). The launching event was followed by a three-day a Social Security fair on social protection where recent issues and achievements of different social protection implementing agencies of the government and NGOs are...

November 5, 2018
News, Slider,
Read more...
05Nov

The fight to close pension gender gap starts here

For too long, women have been denied the retirement they deserve. Today we launch a campaign to end this injustice When Susan Way celebrates her 65th birthday on Tuesday, she will become a pioneer of sorts: she will qualify for her state pension at the same time as a man born on the same day as her. The state pension age for women and men will be equalised for the first time since 1940, and from Tuesday it will increase...

November 5, 2018
News, Slider,
Read more...
02Nov

Curious contracts : pension fund redesign for the future

By Theo P. Kocken (Vrije Universiteit Amsterdam) Klamer’s approach of the culture of economics is relevant and applicable to investing, because culture is an extension of rhetoric and relates to uncertainty. Uncertainty, a feeling of anxiety, is handled by culture. With culture, Klamer focusses on substantial instead of instrumental rationality, and advocates value ethics. In Klamer’s approach values and conversations are central. The values of a culture are not evident and therefore have to be interpreted. Emerging from my personal...

November 2, 2018
Books, Pension design, ,
Read more...
02Nov

Immigrants in a Changing Labor Market: Responding to Economic Needs

By Michael Fix,‎ Demetrios G Papademetriou,‎ Madeleine Sumption This volume, which brings together research by leading economists and labor market specialists, examines the role immigrants play in the U.S. workforce, how they fare in good and bad economic times, and the effects they have on native-born workers and the labor sectors in which they are engaged. The book traces the powerful economic forces at play in today's globalized world and includes policy prescriptions for making the American immigration system more...

November 2, 2018
Books, Labor Market, ,
Read more...
02Nov

Fintech for Financial Inclusion: A Framework for Digital Financial Transformation

By Douglas W. Arner (The University of Hong Kong - Faculty of Law), Ross P. Buckley (University of New South Wales (UNSW) - Faculty of Law), Dirk A. Zetzsche (Universite du Luxembourg - Faculty of Law, Economics and Finance; Heinrich Heine University Dusseldorf - Center for Business & Corporate Law (CBC)) Access to finance, financial inclusion and financial sector development have long been major policy objectives. A series of initiatives have aimed to increase access to finance and financial inclusion,...

November 2, 2018
Articles, Labor Market, System Sustainability, ,
Read more...
02Nov

Retirement Savings of the Hip Generation: A Study of Retirement Preparation among Individuals in Their Fifties

By M. Kabir Hassan (University of New Orleans - College of Business Administration - Department of Economics and Finance), Shari Lawrence (University of New Orleans - College of Business Administration - Department of Economics and Finance) Longer retirement periods coupled with the inadequacy of the Social Security system, low personal savings rates, and a decreasing trend in the prevalence of defined benefit retirement plans threaten to put a financial strain on individuals approaching retirement. To that end, we investigate retirement...

November 2, 2018
Articles, Savings, ,
Read more...
02Nov

How Does Delayed Retirement Affect Mortality and Health?

By Alice Zulkarnain (Boston College - Center for Retirement Research), Matthew S. Rutledge (Boston College, Center for Retirement Research) Older Americans have been retiring later for a number of reasons, including jobs that are becoming less physically demanding, the shift from defined benefit to defined contribution pensions, and changes in Social Security’s incentives. What are the implications of working longer for workers’ mortality and health? Answering this question is complicated, because work and health are jointly determined – healthy people...

November 2, 2018
Aging, Articles, ,
Read more...
02Nov

México. Afores, con rendimiento de 6.65% en III Trim

Al tercer trimestre del año, las administradoras de fondos para el retiro (afores) dieron un rendimiento promedio anual de 6.65%, informó la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). En un comunicado, expuso que 51% de las inversiones de las afores se hizo en papeles gubernamentales como Udibonos, Bonos M; mientras que en renta variable internacional fue 14% del total. Destinaron 19% a instrumentos privados nacionales, 7% en renta variable nacional y 9% en estructurados y otros instrumentos...

November 2, 2018
Noticias,
Read more...
02Nov

Director de Pensiones de RD se reúne con su homóloga de Colombia

Santo Domingo.- El Director General de Jubilaciones y Pensiones a Cargo del Estado, ingeniero German Francisco Nova Heredia, se reunió en Colombia con la doctora Diana Arenas Pedraza, Directora de Pensiones y Otras Prestaciones; y con la licenciada Soyara Pino Canosa, Subdirectora de Pensiones Contributivas del país suramericano. El objetivo de esta reunión fue para poder conocer el funcionamiento del Sistema de Pensiones y Jubilaciones de Colombia y la posibilidad de la realización de acuerdos de cooperación interinstitucional. El Sistema General...

November 2, 2018
Noticias, ,
Read more...