admin, Author at Pension Policy International

24OctOctober 24, 2018

Nigerian pensioners issue ultimatum on pension arrears

The Nigeria Union of Pensioners (NUP) have issued a 21-day ultimatum to the government to pay the arrears of pensions owed them and also increase the minimum being paid, in line with the impending review of minimum wage.Mr. Abel Afolayan, the national president of the NUP, who made the demands at a news conference in Abuja, said that the union has served the Pension Transitional Arrangement Directorate (PTAD the notice in compliance with the extant labour laws. He said that...

October 24, 2018

News, Slider2018, Nigeria

24OctOctober 24, 2018

UK. Savers top-up pensions as Budget cut looms

Pension provider Zurich has seen pension top-ups soar ahead of next week’s Budget as fear of pension tax relief cuts loom. Cash flowing into pensions on Zurich’s investment platform increased 98 per cent in September, compared to the annual average. The value of one-off pension contributions also jumped 161 per cent from the 12-month average as savers invested larger amounts, the provider said. Alistair Wilson, Zurich’s head of retail platform strategy, said people were "making the most of the higher pension savings...

October 24, 2018

News, Slider2018, UK

24OctOctober 24, 2018

S.African pension fund buys majority stake in Africa’s biggest cattle firm

South Africa’s state pension fund and a local black investment firm have bought a majority stake in Africa’s biggest cattle company for 5.2 billion rand ($360 million). The Public Investment Corp. (PIC), Africa’s largest investment fund and the biggest investor in South Africa’s economy, said on Tuesday it had bought a majority share in Karan Beef alongside Pelo Agricultural Ventures, a black-owned agriculture investment firm. President Cyril Ramaphosa has made the agriculture sector one of his top growth priorities as he...

October 24, 2018

News, SliderSouth Africa

24OctOctober 24, 2018

Global pension systems struggling to balance adequacy, sustainability

Tension between pension adequacy and sustainability is growing across the world, according to the annual Melbourne Mercer Global Pension Index. The Netherlands and Denmark have the best global pension systems, with scores of 80.3 and 80.2, respectively, and both achieving A grades. They scored highly on adequacy and sustainability, while other European countries, such as Austria, Italy and Spain, scored B grades on adequacy and received E grades for sustainability. The scores are determined by considering 40 different indicators. Canada holds...

October 24, 2018

News, Slider

23OctOctober 23, 2018

Chile. El lapidario informe de expertos extranjeros sobre la reforma de pensiones

Cuando restan pocos días para que el Presidente Sebastián Piñera anuncie su propuesta de reforma previsional, el tema pensiones se tomará la agenda nacional… y no precisamente por lo que diga y haga el gobierno. Desde hoy y hasta el miércoles 24 de octubre aterrizarán en Chile la flora y nata de las administradoras de pensiones a nivel mundial, al alero del Foro de Discusión Anual del Centro Internacional para la Gestión de Pensiones (ICPM, en sus siglas en inglés),...

October 23, 2018

Uncategorized2018, Chile

23OctOctober 23, 2018

República Dominicana. Diputado propone recursos AFP de personas fallecidas sean transferidos a la DIDA

Así mismo precisó que son más de mil millones de pesos que tienen las AFP El presidente de la comisión de Hacienda de la Cámara de Diputados Ramón Cabrera propuso este lunes que los recursos que tienen las Administradoras de Fondos de Pensiones (AFP) de afiliados fallecidos y que no han sido devueltos a los familiares sean transferidos a una cuenta especial en la Dirección de Información y Defensa de los Afiliados (DIDA). Cabrera así mismo precisó que son más de...

October 23, 2018

Noticias2018, República Dominicana

23OctOctober 23, 2018

Study: Nearly 90 per cent of pension savings not accounting for climate risks

Assessment of world's 100 largest pension funds finds only 13 per cent have been assessed for their exposure to climate-related risks Up to £7.5tr of savings managed by the world's largest pension funds are potentially exposed to climate-related risks and have yet to undergo any formal climate risk assessment, a new analysis released today reveals. Non-profit initiative the Asset Owners Disclosure Project (AODP) assessed the world's 100 largest pension funds for the study and found just 13 per cent of savings...

October 23, 2018

News, Slider2018, UK

23OctOctober 23, 2018

Chile. No+AFP llama a protestar este miércoles para que Gobierno cambie su postura por fondos de pensiones

La coordinadora No+AFP retomará nuevamente las medidas de presión contra el Gobierno para que este cambie su postura respecto al sistema de pensiones. En concreto, llamaron a protestar en todas las plazas de armas a nivel nacional el miércoles 24 de octubre. Esta convocatoria va especialmente dirigida a los trabajadores y estudiantes adheridos a la Confederación de Estudiantes de Chile (Confech), para que se reúnan en las plazas de armas de todas las comunas del país y realicen asambleas abiertas...

October 23, 2018

Noticias2018, Chile

23OctOctober 23, 2018

Here’s how well retirement income systems in Asia Pacific fare

As ageing populations continue to pose a challenge to governments worldwide, policymakers are struggling to balance delivering adequate financial security for their retirees while keeping it sustainable for the economy. Measuring 34 pension systems worldwide, the Melbourne Mercer Global Pension Index shows that the Netherlands and Denmark (with scores of 80.3 and 80.2 respectively) both offer A-Grade world class retirement income systems, topping the index globally. In Asia Pacific, top performing countries are Australia, Singapore, and New Zealand, scoring 72.6, 70.4,...

October 23, 2018

News, Slider2018, US

23OctOctober 23, 2018

Montenegro. Struggle for Pensions United Trade Unions

Montenegrins will retire next year with 61 years of age and 40 years of service, while the age limit for retirement is halted for 66 years for a man and 64 for a woman, and for the average pension one-quarter of the lowest rates, unconnected years is excluded. These are the results of the talks between the Ministry of Labor and Social Welfare and trade unions, which at the beginning were determined not to give in to their demands, but...

October 23, 2018

News, Slider2018, Montenegro

October 2018