September 2018

México, uno de los peores países para un retiro digno

De 43 naciones evaluadas en el Índice Global para la Jubilación 2018, México ocupa el lugar número 37 de los países que proporcionan a sus ciudadanos un retiro digno. México es uno de los peores países para que sus ciudadanos tengan un retiro digno, de acuerdo con el Índice Global para la Jubilación 2018 de Natixis. El país ocupa por segundo año consecutivo el lugar 37 de 43 naciones evaluadas en el Índice con una puntuación de 52%, misma que la...

US. NYC doubling pension fund dollars in ‘climate solutions’

New York City plans to double the share of its pension fund invested in renewable energy, energy efficiency and other industries that aim to combat global warming. Mayor Bill de Blasio and city Comptroller Scott Stringer announced the new goal Thursday. Now, about $2 billion of the city's $195 billion in pension funds is invested in what are sometimes called climate solutions. The new plan would raise that investment to $4 billion over the next three years. The mayor and comptroller, both...

Australia can give pointers on pension reform to Korea

Head of investment firm says much was learned in 24 years Worries about the state pension fund have grown in Korea, as it may run out of money as Korea’s population ages. That has led many people to look for models abroad. Some are pointing to Australia’s superannuation corporate pension fund. Put simply, the superannuation system mandates an employer put aside a set portion of workers’ salary as a pension fund to be managed by a board trusted by workers. Australia is considered...

British Airways discharges £4.4bn in pension liabilities

Legal & General takes over responsibilities for 22,000 pensioners as airline tries to protect itself from higher costs in future British Airways has offloaded £4.4bn in pension liabilities to an insurance company in a bid to cap its pension responsibilities. Legal & General will effectively take over the liabilities for 22,000 British Airways pensioners in the largest deal of its kind in the UK. The aim of the “bulk annuity” deal is to protect British Airways from higher pension costs in...

The world’s largest pension funds – year ended 2017

Assets under management of the world's largest pension funds totalled US$18.1 trillion in 2017. Funds increased their value by 15.1% in 2017, compared to an increase of 6.1% in 2016. Strong market returns for all major asset classes helped boost pension assets during the year. The top 20 funds experienced a higher increase than the overall ranking (17.4%), thus increasing their relative size to 41.1% of total assets. North America remained the largest region in terms of AUM, accounting for 42.3% of all...

Canadienses podrán invertir en primer fondo regulado de criptomonedas del país

La compañía de inversión canadiense en criptomonedas y tecnología de criptoactivos, First Block Capital Inc., anunció este lunes 10 de septiembre que fue aprobado un cambio de estatus para su fondo FBC Bitcoin Trust, que ahora tendrá rango de fondo mutual o fideicomiso, en el que los inversionistas podrán colocar fondos a través de sus cuentas de ahorros libres de impuestos o por intermedio de sus planes de ahorro de jubilación, contando con la aprobación de los reguladores canadienses. El...

Perú. Retiro de fondos AFP del 95,5%: El 13% ya gastó todo sus ahorros

La ley que permite disponer de hasta el 95,5% de los fondos de las AFP (ley del 95,5), lejos del propósito de hacerle justicia a las personas por las bajas pensiones que recibirían en el sistema privado de pensiones, las ha puesto en una peor situación, concluye un estudio del BID. “Se le ha traspasado a la gente una decisión extremadamente compleja y desde el punto de vista de política pública no parece ser lo más óptimo”, afirmó Mariano Bosch, economista principal de...

México. Fondos de pensión mexicanos pierden peso a nivel mundial

En el último reporte sobre los 300 fondos de pensión más grandes del mundo de la consultora Willis Towers Watson, fondos de pensión mexicanos perdieron presencia. ¿Por qué es importante? La disminución de activos manejados por las principales fondos de pensión mexicanos puede ser un reflejo de la diversificación en el mercado y por la mejoría que el sistema ha mostrado en cuanto a políticas de transpasos de cuentas. Las cifras hablan: En 2014 la consultora Willis Towers Watson (WTW) contemplaba...

How can we restore trust in pensions?

Savers have long remained detached and bemused by their pension arrangements. Indeed, the success of auto-enrolment has partly depended upon consumer inertia. Platform provider Hargreaves Lansdown has identified a ‘boredom threshold’ of £5,000, the point in accumulation at which a saver’s interest in his or her pension jumps. Efforts to engage savers with their pension continue at an unrelenting pace, with the Association of British Insurers going as far as to urge young savers to ‘love your pension’ in a campaign...

Mexico. ‘It needs to be absolutely clean’: How Sergio Méndez leads Mexico’s biggest pension fund

At the helm of Mexico’s largest pension fund, Sergio Méndez faces a regulatory sea change and a volatile economic backdrop. The key is to have a flexible battle plan. Before I sat down to interview Sergio Méndez, the chief investment officer of Afore XXI Banorte, there were some topics that I was pretty certain would come up – Mexico’s changing regulatory environment, its roller coaster market ride, Donald Trump – and so I prepared accordingly. But one subject I had definitely...