admin, Author at Pension Policy International

25JulJuly 25, 2018

Tenders on the menu for UK pension schemes

The UK competition regulator is proposing regulatory changes designed to ensure pension schemes pressure the market into providing the best value for members. The Competition and Markets Authority (CMA) is concerned competition problems exist within the UK's investment consultancy and fiduciary management markets. The regulator pointed out that about half of the UK's pension schemes use the same provider for both fiduciary management and investment consultancy. According to the regulator, trustees are vulnerable to pressure from their investment consultant which may...

July 25, 2018

News, SliderUK

25JulJuly 25, 2018

Chile’s Pension Risk Rating Commission Approves Sale of Additional First Trust ETF

First Trust Advisors L.P. (“First Trust”), a global ETF provider and asset manager, announced that Chilean pension funds investment risk rating commission, La Comisión Clasificadora de Riesgo (CCR), has approved an additional First Trust exchange-traded fund (ETF) for sale to Chilean pension funds, known as la Asociación de Administradoras de Fondos de Pensiones (AFPs). According to Chile’s pension plan investment guidelines, before an ETF can be purchased in a pension fund, it must be approved by the CCR. “More diverse...

July 25, 2018

News, SliderChile

25JulJuly 25, 2018

US. How public sector employers are reducing their pension liabilities

Public sector employers are struggling with the same problems that private employers are when it comes to pension plans. Rising costs associated with these plans have forced many municipalities, school districts and colleges and universities to get creative with their benefits to not only save money but still attract and retain good employees. The cost of pensions increased in more than 70% of cities, and one in three cities identified these expenses as the largest expense affecting their budgets, a...

July 25, 2018

News, SliderUS

25JulJuly 25, 2018

República Dominicana. Diputado solicita al Presidente modificar ley y asumir las AFP

El presidente de la Comisión Permanente de Presupuesto de la Cámara de Diputados, Ramón Cabrera, declaró que la Seguridad Social está secuestrada en el país por los grupos económicos, y a partir del 2028 solo el 10% de la población podrá acceder a una pensión digna, por lo que solicitó al presidente Danilo Medina que someta un proyecto de reforma de la Ley de Seguridad Social, No. 87.01. Aseguró que más de dos millones de los afiliados, trabajadores de pasaron...

July 25, 2018

Noticias

24JulJuly 24, 2018

España. Los españoles subestiman el coste de la vida durante su jubilación

Ante la realidad demográfica a la que nos enfrentamos, a nadie se le escapa la necesidad de preparar un colchón financiero para la jubilación. Sin embargo, no todo el mundo es consciente de hacerlo cuanto antes. Y es que, tal y como advierte Schroders en su «Estudio Global de Inversión 2018», posponer la iniciativa de ahorrar hasta casi los 50 o 60 años puede poner en riesgo el mantenimiento del poder adquisitivo cuando llegue el momento del retiro. Carla...

July 24, 2018

Noticias

24JulJuly 24, 2018

México. Ahorrar para el retiro, entre prioridades de empleados mexicanos

México.- Pese a que el interés de los mexicanos por ahorrar para el retiro creció, sus principales prioridades son el hogar o el pago de deudas, en tanto que la jubilación ocupa el quinto lugar, destacó Willis Towers Watson. En un comunicado señaló que la prioridad de los trabajadores son los gastos generales del hogar (59%), seguido del ahorro (52%), pago de deudas (49%) y entretenimiento y recreación (48%), de acuerdo con la encuesta Expectativas del Retiro para México. La compañía...

July 24, 2018

Noticias

24JulJuly 24, 2018

Colombia. Proponen a Colpensiones como un fondo privado

Dentro del paquete de propuestas que le presentó el Consejo Gremial Nacional (CGN), el cambio al sistema pensional en Colombia no podía faltar. El texto hace énfasis en adelantar una reforma integral, con un largo período de transición, que respete los derechos adquiridos por los pensionados y las expectativas legítimas de quienes estén próximos a jubilarse. Aunque no se pide la eliminación de la Administradora Colombiana de Pensiones (Colpensiones), se propone transformarla para que compita como una entidad del régimen...

July 24, 2018

Noticias

24JulJuly 24, 2018

US. Future Income Payments – Securities Investigation

CHICAGO, June 28, 2018 (GLOBE NEWSWIRE) -- The White Law Group announces a securities fraud investigation involving the liability that sales agents may have for selling Future Income Payments LLC (FIP LLC) to investors. Future Income Payments is a pension cash flow originator. The company claims to be “the industry leader and an innovator in buying and selling secondary market pension cash flows, often referred to as Structured Cash Flows.” Unfortunately for investors, consumer lending regulators from New York, Massachusetts, Iowa,...

July 24, 2018

News

24JulJuly 24, 2018

Malaysia. RAM Ratings: Malaysia has potential as Sustainable Responsible Investment hub

RAM Ratings sees Malaysia evolving into a sustainable responsible investment (SRI) hub, supported by its prominent global presence in Islamic finance. RAM Ratings sees Malaysia evolving into a sustainable responsible investment (SRI) hub, supported by its prominent global presence in Islamic finance. The proactive efforts and strong commitment of Bank Negara Malaysia, Securities Commission Malaysia (SC) and Bursa Malaysia have paved the way for both responsible and green finance to thrive in Malaysia. According to publicly available data from the...

July 24, 2018

News

24JulJuly 24, 2018

China. Pension fund investment grows steadily

BEIJING, July 23 (Xinhua) -- Local governments in China have entrusted more pension funds for investment as the country faces the challenge of an aging population, a human resource official said Monday. By the end of June, 14 provincial-level regions including Beijing and Shanghai had signed contracts to entrust a total of ¥585 billion (about US$87 billion) in pension funds to the National Council for Social Security Fund (NCSSF), according to Lu Aihong, spokesperson with the Ministry of Human Resources...

July 24, 2018

News

July 2018