admin, Author at Pension Policy International

26OctOctober 26, 2018

South African state pension fund CEO denies corruption allegations

The chief executive of South Africa’s state pension fund denied corruption allegations on Thursday, as a judicial inquiry into governance at the 2 trillion rand ($137 billion) fund prepares to get under way. The Public Investment Corporation (PIC) is Africa’s biggest pension fund and the biggest investor in South Africa’s economy, holding a large volume of bonds issued by government and state-owned firms and equity stakes in some blue-chip companies. President Cyril Ramaphosa ordered an inquiry into the fund after opposition...

October 26, 2018

News, Slider2018, South Africa

26OctOctober 26, 2018

Colombia. Abogados inescrupulosos engañan en el tema de pensiones

En los canales de televisión regional han venido “colonizando” los espacios publicitarios un grupo de abogados que prometen brindar asesoría a las personas en temas pensionales, y que además de “resolver” algunas consultas al aire, ofrecen acompañamiento en el traslado de los afiliados del régimen público al régimen privado, o viceversa, cobrando por ello su respectiva comisión. Tenga cuidado porque el traslado entre regímenes o entre administradoras es un proceso completamente gratuito y sencillo para el cual no necesita acompañamiento...

October 26, 2018

Noticias2018, Colombia

26OctOctober 26, 2018

UK Regulators Issue Joint Pensions Strategy

The UK’s Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have launched a joint regulatory strategy to address the fundamental changes that have altered the UK’s pension landscape in recent years. The strategy, which outlines how the two regulators will collaborate,, drew on a call for input the regulators published in March that sought views from industry and consumer group representatives. “Our goal is to ensure the people who run workplace pensions meet our expectations so that members can have...

October 26, 2018

News, Slider2018, UK

26OctOctober 26, 2018

Nigeria. Government Meets Labour Over Wage Saga As Pensioners Threaten Protest

The Secretary to the Government of the Federation (SGF), Boss Mustapha, has met with organised labour over the minimum wage imbroglio. The Guardian learnt yesterday in Abuja that the meeting with the president of Nigeria Labour Congress (NLC), Ayuba Wabba, and his Trade Union Congress (TUC) counterpart, Bobboi Kaigama, was to avert the October 30 rally and November 6 nationwide strike by the unions. It was also learnt that the scribe demanded a full account of what transpired during earlier negotiations...

October 26, 2018

News2018, Nigeria

26OctOctober 26, 2018

Japan. AI to transform GPIF manager selection

AI will transform the way Japan’s ¥158 trillion ($1.4 trillion) Government Pension Investment Fund (GPIF) to select and monitor its asset managers. The world’s biggest pension fund, which outsources all its investment management, announced plans last year to use AI to better scrutinise its poorly performing active managers. Since then, AI specialists Sony Computer Science Laboratories and GPIF have developed a proof-of-concept prototype that uses deep learning to study manager styles and strategies. The latest progress report on the project promises...

October 26, 2018

News, Slider2018, Japan

25OctOctober 25, 2018

México. Los resultados del SAR al tercer trimestre del 2018 muestran que el crecimiento en el sistema continúa

En el tercer trimestre del 2018 los recursos administrados por las afores incrementaron 332,600 millones de pesos con respecto del tercer trimestre del 2017. ¿Cuáles son los elementos más importantes en el SAR? Los elementos más importantes que componen al Sistema de Ahorro para el Retiro (SAR) son: las cuentas individuales, los activos netos y las inversiones. Partimos de las cuentas individuales, que son aquellas que cada trabajador tiene en el SAR, y que se usan para la formación del ahorro...

October 25, 2018

Noticias2018, Mexico

25OctOctober 25, 2018

Chile. No+AFP: protesta en la Alameda terminó con detenidos, incluyendo a Luis Mesina

De todos modos, el vocero del movimiento aseguró que su detención fue un hecho accesorio y "lo fundamental es que a lo largo de todo el país, en mucho más de 25 puntos, se hicieron actividades importantes". La protesta se registró antes que el Ejecutivo presente su tan esperada reforma al modelo implantado en dictadura Con al menos doce detenidos, incluido su vocero Luis Mesina, culminó la protesta convocada por el movimiento "No más AFP" en la Alameda, en medio...

October 25, 2018

Noticias2018, Chile

25OctOctober 25, 2018

Manama to host 3rd MENA Pensions Conference next week

What is the prevailing situation of pension globally and patterns of evolution in this vital sector? Are actuarial deficits in pension funds (globally) real or inflated, and how should they be understood? Can financial markets be a complementary alternative through meaningful pension products, and how should they be designed? Does the current legislation of financial regulators contribute to a flourishing pension industry? What are the best assets and asset allocations for pension investments? What is the digital ecosystem “Fintech”...

October 25, 2018

News, Slider2018, Bahrain

25OctOctober 25, 2018

International pension association releases guide to addressing climate change

The International Centre for Pension Management has released a guide for integrating climate change considerations into investment processes. “The ICPM climate change guide is unique from others of its kind because it was written by asset owners for asset owners,” said Deborah Ng, director of strategy and risk at the Ontario Teachers’ Pension Plan and one of the contributors to the guide, in a press release. “The goal of the ICPM climate change guide is to share experiences for large...

October 25, 2018

News, Slider

25OctOctober 25, 2018

UK. Prudential Closes $3.2 Billion in New UK Longevity Reinsurance Deals

Firm says market for pension de-risking is expanding at its fastest pace in years. US-based Prudential Retirement, a unit of insurance giant Prudential Financial, has concluded $3.2 billion in previously undisclosed longevity reinsurance contracts, which the company says is another sign that pension de-risking activity in the UK is continuing at a brisk pace. As part of the transactions, Prudential assumes the longevity risk for approximately 13,200 British retirees. “The market for pension de-risking solutions is expanding at its fastest pace in...

October 25, 2018

News, Slider2018, UK

October 2018