September 2018

25Sep

Investment Consultants Market Investigation. Provisional Decision report

By CMA Overview of our provisional decision Investment consultancy and fiduciary management services influence the pension outcomes for millions of people. It is vital that competition within these markets works well. Both investment consultancy and fiduciary management are useful services for many pension schemes, helping them to manage their investments well on behalf of scheme members. We have provisionally found that there is an adverse effect on competition and that material customer detriment may be expected to result from it in both the...

September 25, 2018
Books, Regulation, Supervision, ,
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25Sep

UK. Mercer claims CMA report used “flawed data”

Mercer has accused the Competition and Markets Authority of using incorrect data and unrepresentative samples in its recent Investment Consultants Market Investigation. This probe look at consultants offering investment and fiduciary management services to the £1.6tn pension fund industry. But Mercer’s UK chief executive Fiona Dunsire claims the errors in this data analysis “cast doubt on the credibility of key aspects” of the CMA’s provisional decision report, published in the July this year. Read more @corporate adviser Read the CMA's provisonal report here

September 25, 2018
News, Slider
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25Sep

Mejor Gasto para Mejores Vidas

Por Alejandro Izquierdo, Carola Pessino, Guillermo Vuletin Ideas destacadas Un análisis de gasto fiscal en América Latina y el Caribe revela grandes ineficiencias y derroches que podrían sumar 4,4 por ciento del PIB. Esto demuestra que hay espacio para mejorar los servicios públicos sin necesidad de aumentar el gasto. El informe argumenta en contra de recortes generalizados. Revisa si los países gastan demasiado o poco en las distintas prioridades, si invierten para asegurar un mejor futuro, y si esos gastos...

September 25, 2018
Libros, Regulación, Sostenibilidad del Sistema, ,
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25Sep

Colombia. Pensiones anticorrupción

Cuando se piensa en adultos pensionados normalmente viene a la mente el dolor que sienten muchos ancianos, ya sea porque no reciben fondos suficientes o porque son abandonados por sus hijos. La imagen de un viejo abandonado en la incapacidad que trae el trajín de los años en el cuerpo humano ha llevado a que, históricamente, el Estado tome un rol activo en dignificar sus últimos años de vida. Una acción que el Estado ha tomado para evitar que la vejez...

September 25, 2018
Noticias,
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25Sep

Gasto público en América Latina registra ineficiencias de 4,4% del PIB: estudio BID

Ineficiencias en las compras gubernamentales, servicios públicos y transferencias focalizadas podrían costar hasta US$220.000 millones al año, o 4.4% del PIB regional. El informe incluye recomendaciones de políticas para mejorar el gasto en salud, educación, infraestructura y seguridad pública Un análisis inédito del gasto público en América Latina y el Caribe revela enormes ineficiencias y malgasto que podrían llegar a costar hasta US$220.000 millones al año, o el equivalente al 4,4 por ciento del PIB de la región. Esto significa que...

September 25, 2018
Noticias,
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25Sep

Canada. Non-profit workers offered chance to join Ontario public sector pension plan

As many as one million Ontarians who work for registered charities and non-profit organizations will be eligible to join the provincial government pension plan under an agreement being announced Monday. The Ontario Nonprofit Network, which advocates on behalf of the province’s 58,000 charities and non-profits, is recommending OPTrust as the sector’s first defined-benefit pension provider. The new OPTrust Select plan will be available to every registered charity and non-profit in Ontario, whether it has one employee or hundreds, said the network’s...

September 25, 2018
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25Sep

As Algerian army retirees protest, NGO urges restraint

An Algerian rights group on Monday called for dialogue to resolve ongoing protests by retired military personnel demanding higher pensions. In a statement, the League for the Defense of Human Rights (LADDH), a prominent Algerian NGO, said that National Gendarmerie forces on Sunday had forcibly dispersed a protest by thousands of army retirees in the Haouch al-Makhfi district of capital Algiers. According to the LADDH, the dispersal led to clashes between protesters and gendarmerie forces, leaving an undetermined number of people...

September 25, 2018
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25Sep

UK. Pensions regulator fines more than triple in a year

The value of fines issued by The Pensions Regulator (TPR) has more than tripled in a year, reaching £42m in 2017/18. This value, which is made up of fixed and escalating penalty notices, compares to £12.6m in the previous year, according to information published by TPR. A fixed penalty notice of £400 is issued to an employer for failure to comply with a statutory notice or some specific employer duties. An escalating penalty notice varies between £50 and £10,000 a day depending...

September 25, 2018
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25Sep

Russia. Kremlin loses regional votes amid anger over pension reform

Russia's ruling party suffered two rare defeats in regional elections this weekend as its candidates lost to nationalists amid widespread discontent over a pension reform backed by President Vladimir Putin. A second round of governorship elections was held in two key regions Sunday, after support for the pro-Kremlin United Russia party saw its strongest decline in a decade during the first round on September 9. Vladimir Sipyagin, of the nationalist Liberal Democratic Party of Russia (LDPR), won 57 percent of the...

September 25, 2018
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24Sep

Chile. Las AFP afinan sus estrategias y potencian sus equipos para invertir en activos alternativos

Hoy la inversión de las AFP en este tipo de activos se realiza de forma indirecta y equivale al 2,7% de los fondos de pensiones. Superintendencia prevé que pensiones podrían aumentar hasta 10% por la mayor rentabilidad esperada de estos instrumentos. Las menores rentabilidades que se observan en la actualidad, y que se proyectan a futuro, junto con las mayores expectativas de vida de la población son algunas de las razones que llevaron al anterior gobierno a realizar cambios en...

September 24, 2018
Noticias,
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