admin, Author at Pension Policy International

31JulJuly 31, 2018

Canada. Morneau Shepell releases the results of its Performance Universe of Pension Managers’ Pooled Funds

Morneau Shepell (TSX: MSI) has released the results of its Performance Universe of Pension Managers' Pooled Funds for the second quarter of 2018. According to the report, in the second quarter of 2018, diversified pooled fund managers posted a median return of 2.9 per cent before management fees. "Most stock markets delivered excellent results in the second quarter, generating positive pension fund returns. Canadian and U.S. equities did particularly well, with returns of 6.8 per cent for the S&P/TSX and 5.6...

July 31, 2018

News, Slider2018, Canada, Performance, Report

31JulJuly 31, 2018

UK. Rush to cash-in small pensions will leave thousands below ‘acceptable’ retirement income, warns Just Group

Cashing in small pension pots early to rely on State benefits in retirement could leave many thousands of people struggling to achieve an acceptable income in later life, suggests new analysis by Just Group. The warning comes following the publication of Minimum Income Standards (MIS) by the Joseph Rowntree Foundation (JRF) reflecting the public’s views on how much weekly income is needed to achieve a minimum acceptable standard of living in the UK today. The JRF’s 2018 report suggest the MIS...

July 31, 2018

News, Slider2018, CashOut, Poverty, UK

31JulJuly 31, 2018

3 arrested after Russian opposition rally on pension age

MOSCOW (AP) — Three Russian opposition leaders were detained by police minutes after a demonstration to protest a government plan to raise the age for receiving state retirement pensions ended Sunday. The demonstration in central Moscow had been authorized by city authorities and attracted thousands of people. No reason for the arrests was immediately given. Oleg Stepanov, a top aide to Russian opposition leader Alexei Navalny, reported his detention on Twitter. He posted a photo of himself and the two others...

July 31, 2018

News, Slider2018, protest, Reform, Russia

31JulJuly 31, 2018

Korea. NPS adopting stewardship code

The National Pension Service (NPS), Korea’s largest institutional investor, is adopting a stewardship code that will allow it to engage in management decisions of the companies it invests in. The decision is getting strong opposition from the business community. After holding two meetings since last week, the National Pension Fund Management Committee decided to exercise limited rights when companies it invests in are hurting the interest of its clients, which is the Korean public with pensions, according to the Ministry of...

July 31, 2018

News, Slider2018, CorporateGovernance, Investment, korea

31JulJuly 31, 2018

Nigeria nets $26,6b in pension funds

The National Pension Commission (PenCom) said that the total pension fund assets stood at $26.6 billion (about N8.14 trillion) as at May, 2018.The Commission said in a statement signed by its spokesman, Mr. Peter Aghahowa, on Sunday in Abuja that the assets rose from $24.5 billion in December 2017, to $26.6 billion in May 2018. It also said that $16.9 billion had been invested in Federal Government Securities by the Pension Fund Administrators (PFAs). According to the statement, the investment represented...

July 31, 2018

News, Slider2018, Fund, Investment, Nigeria, Pension

30JulJuly 30, 2018

México. Nueva Bolsa promete crear empleos y mejorar pensiones

La llegada de una segunda bolsa de valores al país, la Bolsa Institucional de Valores (BIVA), contribuirá al crecimiento de las empresas y con ello, a la generación de empleos, además que dará nuevas alternativas para que las Afores puedan mejores los rendimientos para los trabajadores mexicanos. Así lo aseguró el presidente de Central de Corretajes (Cencor), Santiago Urquiza, quien dijo que la actual administración hizo un trabajo comprometido y profesional para crecer el mercado bursátil y hacerlo más incluyente,...

July 30, 2018

NoticiasInversión, Mexico, Oferta, PensionesMx

30JulJuly 30, 2018

México. Ahorro está protegido ante quiebra de Oro Negro: afore Citibanamex

La administradora de fondos para el retiro (afore) Citibanamex aseguró que sus inversiones están bien diversificadas en distintos instrumentos financieros a través de los cuales protege e incrementa el ahorro para el retiro de los más de 11.5 millones de cuentas que registra en su cartera. Lo anterior, lo refiere ante las inversiones que realizó en el 2013 en la empresa Oro Negro, la cual está en una complicada situación financiera ante el impago de Petróleos Mexicanos (Pemex) al que...

July 30, 2018

NoticiasInversión, Mexico, Oro Negro, PensionesMx

30JulJuly 30, 2018

Kenya. Land deal worsens Kenya Railways pensioners’ woes

As Kenya Railways pensioners’ woes deepen, officials of the former Kenya Railways Workers Association, the umbrella body for all the pensioners of the institution, have expressed fear that they risk losing 10 of their properties in a land swap deal in lieu of accrued land rates. They are reading a secret plot to defraud them of their properties. “The Nairobi County government and the sole corporate trustee, Corporate and Pension Trust Services Ltd, have hatched a scheme to possess 10 of...

July 30, 2018

News, SliderKenya, Land, PensionsKe, Retirement In come

30JulJuly 30, 2018

Ireland. The State pension wasn’t designed to support the lifestyles people have in mind

“PENSIONS” – A TOPIC that can often be met with a glazed eye by the young professional, or with a flutter of panic by the 40-something employee. I’m unsure why planning for sustainability and longevity regarding our finances is something that so many people close themselves off to, but there’s a common assumption that pensions and planning for retirement is something that can be put off, and off… until, well, some other time. The CSO Quarterly National Household Survey 2015 reported...

July 30, 2018

News, SliderIreland, Labor Market, PensionsIe, Retirement In come

30JulJuly 30, 2018

Perú. BCR eleva el límite de inversión en el exterior de las AFP a 50%

El Banco Central de Reserva del Perú (BCR) aprobó elevar el límite operativo de inversión en el exterior de las Administradoras Privadas de Fondos de Pensiones (AFP) de 49% a 50%. Este incremento respondo al siguiente calendario, a partir del 1 de agosto el limite será de 49.5% y desde el 1 de septiembre se elevará hasta el 50% "El objetivo de esta medida es promover una mayor diversificación de las inversiones de las AFP", sostiene el BCR a través de...

July 30, 2018

NoticiasPerú

July 2018