editor, Author at Pension Policy International

31JulJuly 31, 2025

UK. Over half a million still overtaxed by thousands on pensions

Millions is still being refunded to people by HMRC in overpaid pension tax, as experts call for reform to the system. New figures have revealed that more than half a million claims have now been made to claw back overpaid tax since 2015, with the total amount refunded approaching £1.5bn. In the latest quarter alone, 12,767 repayment claims were processed, amounting to £48.7m – an average refund of nearly £4,000 per person. This brings the total tax repaid so far this year to around...

July 31, 2025

NewsTaxation, UK

31JulJuly 31, 2025

Ghana. SSNIT’s strategic investments stabilise economy

The Social Security and National Insurance Trust (SSNIT) has invested GH¢2.42 billion in the country’s financial services sector. The fund currently holds shares in 22 of the 36 companies listed on the Ghana Stock Exchange, thereby playing a stabilising role in the economy. SSNIT’s current investment in Information and Communications Technology (ICT) companies stands at over $500 million, making it the largest institutional investor in the country’s telecommunications sector. The Director-General (D-G) of SSNIT, Kwesi Afreh Biney, who made this known in...

July 31, 2025

NewsGhana, Investment

31JulJuly 31, 2025

US. Private Equity Delivers High Risk, Low Returns, and Costly Fees

Private equity does not deliver the superior returns that its advocates insist justify pension fund investment in this sector, and such investment would be highly risky for retail investors, according to a new report published by the AFT and Americans for Financial Reform Education Fund. The stakes couldn’t be higher, as the Trump administration is expected to issue a new executive order that would require federal agencies to explore opening up 401(k) plans to risky private market investments. This is something the...

July 31, 2025

NewsInvestment, US

31JulJuly 31, 2025

Kenya. Retirement: Strategic partnerships critical in growing pension savings

Retirement benefits accumulated by Kenyan workers over the years hit an estimated total of Sh2.3 trillion last year, equivalent to nearly 15 per cent of Kenya’s GDP, underscoring the importance of this critical sector. With the inflation always competing to erode workers' savings, retirement benefits service providers are under pressure to preserve their clients’ wealth. The industry’s assets under management have recorded a 10.7 per cent compounded annual growth rate in the past ten years, from Sh800 million in 2015. This...

July 31, 2025

NewsKenya, Pension Management

30JulJuly 30, 2025

México. Pago de pensiones de Pemex aumentó 5%; destina 218 millones de pesos al día a sus jubilados

El pago de pensiones de Petróleos Mexicanos (Pemex), que cuenta con uno de los esquemas pensionarios más generosos del país, ha crecido 5% en términos reales durante este 2025 y está en su mayor nivel al menos desde 2018. En la primera mitad del presente año, Pemex destinó 39,471 millones de pesos al pago de pensiones y prima de antigüedad, es decir, 218 millones de pesos al día, de acuerdo con información de su último reporte trimestral. Es el mayor nivel...

July 30, 2025

NoticiasMexico, Pensiones Laborales

30JulJuly 30, 2025

Chile. Reforma de Pensiones: SP abrió ofertas en licitación de consultoría para diseño de nuevo Régimen de Inversión

La Reforma Previsional cumplió el viernes 25 de julio una nueva etapa en su implementación luego de que finalizara el período de presentación de ofertas en el proceso de licitación pública de una consultoría destinada a efectuar una propuesta de diseño para los Fondos Generacionales (FG) y Carteras de Referencia que deberán formar parte del nuevo Régimen de Inversión de los Fondos de Pensiones. Hasta las 14.00 horas de ese día se constató que, a través de la plataforma...

July 30, 2025

NoticiasChile, Reforma de Pensiones

30JulJuly 30, 2025

Colombia. “Tenemos alrededor de 50% del mercado en el área de las pensiones obligatorias”

Centralizar, ordenar y actualizar la información completa de los afiliados al Sistema General de Pensiones es una tarea que se realiza entre bastidores y sin el apoyo de los sistemas especializados, el margen de error para las entidades financieras sería mucho más elevado. Heinsohn es la compañía que provee ese software y cuenta con una larga trayectoria en el mercado. Su presidente, Luis Fernando Jaramillo, detalló que poseen una cuota cercana a 50% en el área de las pensiones obligatorias y su...

July 30, 2025

NoticiasColombia, Reforma de Pensiones, Tecnología

30JulJuly 30, 2025

México. Creación de empleo en el primer semestre se concentró en la informalidad con cifra récord

La generación de empleo en la primera mitad del año tiene el sello de la informalidad laboral. De acuerdo con la Encuesta Nacional de Ocupación y Empleo (ENOE), en el primer semestre del 2025 se sumaron un millón 126,964 personas al trabajo informal, la cifra más alta de la historia para un periodo enero-junio y sin contar los efectos de pandemia en el mercado laboral. “En el sector formal estamos viendo tasas de crecimiento formal prácticamente nulas. Vemos con mayor claridad la menor generación...

July 30, 2025

NoticiasMercado Laboral, Mexico, Sector Informal

30JulJuly 30, 2025

Mexico’s Informal Employment Crisis Deepens as 850,000 New Jobs Lack Contracts

Mexico’s labor market delivered seemingly positive news in early 2025: a surge of approximately 850,000 new jobs created in the first half of the year. Yet, beneath this headline figure lies a deepening crisis of Mexico informal employment. New data from Mexico’s National Institute of Statistics and Geography (INEGI, July 2025) reveals that nearly all these new positions lack formal contracts, social security, or legal protections, pushing the country’s informal workforce to a record high of 54.9%. This precarious...

July 30, 2025

NewsInformal Sector, Labor Market, Mexico

30JulJuly 30, 2025

How pension funds are handling US equity concentration risk

With more of the US market’s fate tied up in a handful of enormous technology stocks, investment teams are having to reconsider their exposure, as Jon Yarker reports. In recent years, the size of the so-called “Magnificent Seven” technology stocks has soared, absorbing an increasing amount of the US equity market. According to Hymans Robertson, the weight of the 10 largest market-cap stocks in the MSCI World sits at 23%, well above the historical norms of 10–15%. The septet of tech...

July 30, 2025

NewsRisk, US