July 2026

Bolivia. Reforma de Pensiones apunta a “exportar” hasta el 80% del ahorro

El Proyecto de Ley 280/25, que modifica la Ley N° 065 de Pensiones, propone un cambio estructural en la administración del ahorro previsional de los bolivianos: obligar a que un mínimo del 30% y hasta un máximo del 80% de los recursos administrados por la Gestora Pública se inviertan en el extranjero. Actualmente el fondo de pensiones es el principal fondo que sostiene el sistema financiero nacional, además del Tesoro General de la Nación.Cámara Automotor Boliviana La propuesta representa un...

Canadá. La Caisse tops the Global SWF rankings, recognized for its leadership in sustainability

For the fourth year running, La Caisse ranks at the top of the pension funds included in the Global SWF’s GSR Scoreboard published, consolidating its leading position among global investors. This recognition reflects the excellence of our sustainable investing practices and our efforts to make progress on sustainability matters in Québec and abroad. “This ranking places La Caisse among a select group of global leaders in governance, sustainability and resilience. It is a testament to the rigor of our practices and...

Simplified asset manager sustainability reporting could hamper green investments

Asset manager reporting exemptions under the finalised ESRS could create a ‘significant blind spot’ for their sustainability performance Asset managers are the latest group to benefit from revisions to sustainability reporting requirements, as EU and UK regulators look to simplify disclosure frameworks. The European Commission has adopted its finalised sustainability reporting standards, which were revised under its first sustainability omnibus package. The new ESRS will reduce the number of mandatory data points by more than 60 per cent and the number of...

The other side of longevity: more years of life, but also greater inequality

Longevity is one of the great economic and scientific achievements of the last century, but it risks becoming a new source of deep social division. Today, it is no longer enough to focus on how long we will live: the real question is who will be able to live longer in good health and who, on the other hand, will accumulate, over the course of their lives, disadvantages that are bound to result in additional years of frailty. This was...

Aging Alone? What Living Single Means for Retirement Taxes

Traditional retirement planning has long assumed a household of at least two people and often the involvement of adult children in managing financial decisions later in life. But more and more, that assumption no longer applies to a growing share of retirees. Surveys and data show that many people living in the U.S. are charting a different course, with roughly 1 in 5 over the age of 50 living alone. (That number rises to 27% for those age 60 and...

Funcionarios falsos: el fraude que está vaciando las cuentas de jubilados

La necesidad de mejorar el pago mensual de sus pensiones orilló a cuatro personas de la tercera edad a padecer un calvario con un grupo de defraudadores que, además de hacerse pasar por abogados de un despacho jurídico, usaron el nombre y firma de funcionarios de alto nivel y servidores públicos de al menos cinco dependencias de gobierno federal y local para dejar en la quiebra a los adultos mayores tras perder casi 2 millones de pesos. “Estuve a punto...

Alemania anuncia un gran paquete de reformas para impulsar la economía y la competitividad

Tras siete horas de debates, los aliados conservadores (CDU-CSU) y socialdemócratas (SPD) decidieron aliviar la carga fiscal a las clases populares y medias e incrementar los impuestos a los contribuyentes con mayor poder adquisitivo, entre otras medidas. También aprobaron el retraso de la edad de jubilación más allá de los 67 años, así como varias medidas reclamadas por las empresas. "Nos comprometemos a preservar nuestro Estado del bienestar y a aliviar la carga que pesa sobre los trabajadores y las empresas...

Crisis de pensiones en El Salvador: La deuda supera los 11 Mil M

La sostenibilidad del sistema de pensiones en El Salvador ha encendido todas las alarmas en el ámbito financiero y social del país. Con un incremento que ha escalado hasta alcanzar los 11,567 millones de dólares, la deuda previsional se ha consolidado como uno de los desafíos macroeconómicos más complejos que enfrenta la nación centroamericana. Este aumento del 7.2% no es simplemente una cifra en un balance contable; representa una presión estructural sobre las finanzas públicas y una preocupación creciente...

UK government proposes faster route for straightforward pension transfers

The UK government is consulting on draft regulations that would reform the conditions governing pension transfers, introducing a new "reputable scheme" route for low-risk cases and revising the scam-protection flags that trustees are required to assess. The draft changes to The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021 apply to transfers to schemes other than public service pension schemes, Pensions Regulator-authorised defined contribution (DC) master trusts and Pensions Regulator-authorised collective defined contribution (CDC) schemes. The consultation closes...

What CUSMA’s ‘uncertain’ path means for Canadian plan sponsors

The CUSMA review is underway this week and the range of possible outcomes stretches wide enough to make any institutional investor uneasy. While world leaders of the US, Mexico and Canada had until July 1 to come to an agreement, it’s almost certain that negotiations will be extending far into the future. Kathy Tausz, vice president of fixed income at Beutel Goodman, believes the agreement's review has been overshadowed by competing global crises. "It almost feels like the CUSMA negotiations are taking...