August 2018

29Aug

Theresa May In Africa: The Future Of Fintech In South Africa, Nigeria And Kenya

A delegation of UK fintech specialists joined Prime Minister Theresa May on her first official trip to Africa and will visit South Africa, Nigeria and Kenya to meet with entrepreneurs to establish trading and export ties in these emerging markets. Representatives from Azimo, the Financial Conduct Authority, Standard Chartered, Farm.ink, the London Stock Exchange Group and the Prime Minister’s Ambassador for Fintech were just some of the 29 leaders that accompanied May on the trip in order to forge connections...

August 29, 2018
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29Aug

The longevity dividend: how ageing populations could boost economic productivity

People are generally living longer than previous generations across most parts of the world. Rising life expectancy is a result of advances in medicine as well as improving living standards and healthier lifestyles. But while this should be celebrated for social reasons, is it beneficial in economic terms? Does the increase in the older population create an economic burden on society or can older people be mobilised to enhance the productivity of communities in which they work and live? New...

August 29, 2018
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29Aug

UK. ‘Give savers a bonus’ to prevent pension poverty

Millions of people have been put off saving for their retirement by the “incomprehensible” pension tax relief system, the think tank argues. It urges Chancellor Philip Hammond to scrap pension tax relief and replace it with a bonus system which would reward savers for building up funds for old age. Former pensions minister Baroness Altmann, a campaigner on retirement issues, last night warned that millions face poverty in old age unless the report’s warnings are heeded. “If we do not incentivise people...

August 29, 2018
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29Aug

The Kremlin pushes pension reform, but the Russian public pushes back

That was the year that the government's plans to reform the Soviet-era system of social benefits were derailed by mass disobedience from veterans and pensioners. It is probably the memory of those protests that has kept Russia from considering raising its pension ages for more than a dozen years. But now, the long-taboo issue of pension reform is back on the table. A law working its way through the State Duma, the lower house of parliament, would significantly raise the...

August 29, 2018
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29Aug

Poland announces new contribution plan for pensions

Under the program, employees, employers and the government will regularly contribute small amounts into individual accounts. The program, which is aimed at some 11.5 million people on job contracts who have little or no savings and is due to be launched next year, is intended to ease the pressure on the state-run retirement system, which is considered to be insufficient to meet future requirements. The program is the latest social policy change by the ruling Law and Justice Party that has...

August 29, 2018
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28Aug

Chile. AFP Planvital sale a buscar afiliados tras no renovar la licitación

Tras no renovar la licitación de los nuevos cotizantes que ingresan al sistema previsional, la AFP Planvital comenzó una campaña publicitaria y prepara una fuerza de ventas para captar a nuevos afiliados en su compañía. En enero de este año la firma anunció que haría un alza de comisión por la administración de las cuentas de capitalización individual, la que se materializó durante este mes. Tuvieron un alza de 0,41% a 1,16%. Con este cambio dejó de ser la más económica...

August 28, 2018
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28Aug

España. Sin fondos para pagar la pensión

Solo Madrid, Palma de Mallorca, Almería y Las Palmas recaudan lo suficiente para abonar las jubilaciones; 33 provincias son deficitarias, con apenas dos contribuyentes por cada subsidio La difícil situación en la que se encuentra el Fondo de Reserva de España para pagar a los casi seis millones de pensionistas que cada mes perciben una nómina se ha convertido en un asunto de Estado. Solo cuatro de las 50 provincias del país recaudan lo suficiente por cotizaciones sociales del trabajo...

August 28, 2018
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28Aug

Adultos mayores en México enfrentan pobreza, violencia y atención con modelos obsoletos

En México, la población de 60 años o más es un sector social y económicamente vulnerable, pues se estima que cerca del 47 por ciento vive en pobreza, y entre 20 y 30 por ciento sufre violencia física, psicológica, económica o abandono, afirmó Mario Enrique Tapia, académico de la Facultad de Estudios Superiores (FES) Zaragoza, de la UNAM. Esta situación representa un reto en términos de políticas públicas y de atención, pues el país atraviesa por un proceso de envejecimiento:...

August 28, 2018
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28Aug

Notorio déficit de cobertura social de América latina

En América Latina más de la mitad de los trabajadores no cotiza para la seguridad social. La definición no proviene de ningún estamento político opositor sino que es la conclusión a la que arribó un paper de la Organización Internacional del Trabajo ( OIT). El Panorama Laboral Temático de ese estamento titulado "Presente y futuro de la protección social en América Latina y el Caribe" concluye en que los sistemas existentes en la región están en una encrucijada marcada...

August 28, 2018
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28Aug

UK. Councillor slams ‘inappropriate’ investment in tobacco industry to fund local authority pension schemes

This is despite the efforts of council chiefs all over the region to cut the number of smokers - and their cost to health services and local authorities. The pension fund covers retirement schemes for employees of Sunderland City Council, South Tyneside Council, Gateshead Council, Newcastle City Council and North Tyneside Council, as well as other organisations, and - as of March 31 - was worth £8.24billion. The choice of investments was originally revealed by a series of freedom of information...

August 28, 2018
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