July 2025

Kenya. JSC urges Parliament to fast-track pensions Bill, says delay denying retired judges fair compensation

Judges have called on Parliament to fast-track the passage of a delayed pensions Bill that promises annual inflation-linked adjustments to their retirement benefits. The Judicial Service Commission (JSC) says the prolonged delay in enacting the Judges Retirement Bill, 2025, is denying retired judges fair compensation in line with rising living costs The Judiciary has now urged legislators to expedite the Bill, which seeks to establish a dedicated pension framework for judges of the superior courts, providing for annual pension adjustments pegged...

México. AFOREs refuerzan administración de fondos con tecnología y supervisión avanzada

Las AFOREs en México están modernizando su operación con un Sistema Integral Automatizado (SIA) para gestionar sus carteras de inversión. Esta medida busca reforzar el control financiero y la administración de riesgos en beneficio de los trabajadores. El nuevo sistema forma parte de las Disposiciones financieras alineadas con la Ley del Mercado de Valores y el Sistema de Ahorro para el Retiro. El SIA no solo regula inversiones, también abarca procesos como registros contables, liquidaciones y reportes financieros. Su diseño multifuncional permite supervisar operaciones críticas con seguridad, eficiencia y trazabilidad. Entre sus funciones destacan la adquisición de...

Chile. AFP afirman que proyecto del gobierno sobre Seguro de Invalidez y Sobrevivencia no cumple con lo que prometía la reforma previsional

La ley de reforma previsional que aprobó el Congreso a inicios de este año definió que el actual Seguro de Invalidez y Sobrevivencia (SIS) en agosto de 2026 pasará a ser una de las prestaciones del Seguro Social, absorbiendo la prima de cargo del empleador que actualmente lo financia, que ha fluctuado entre 1,3% y 2,3% de la renta imponible en los últimos años. Desde 2026, “dicho seguro será financiado por el Fondo Autónomo de Protección Previsional (FAPP), mediante la cotización que...

Argentina. Milei recibió las leyes sobre jubilaciones y discapacidad: ya corre el plazo para que promulgue o vete

El Senado nacional envió formalmente a Casa Rosada las tres leyes aprobadas el 10 de julio sobre aumento a jubilados, restitución de la moratoria previsional y emergencia en discapacidad. De esta manera, se activa el plazo de 10 días hábiles para que Milei las promulgue o las vete. Ese plazo vence el 4 de agosto. Si no hace nada, las leyes quedan aprobadas automáticamente. La ley de aumento a jubilados incrementa un 7,2% las jubilaciones. Además, sube el bono de $70.000 a $110.000, con ajuste mensual. También...

US. New York State Pension Bulks Up on Private Equity in $3B Spree

New York’s $273 billion state pension fund is bulking up on private equity investments, earmarking more than $1.4 billion toward the asset class in March alone, according to its monthly transaction report. The spree comes after the New York State Common Retirement Fund committed about $500 million during the previous three months combined. The allocations to private equity investments accounted for nearly half of the $3.1 billion commitments doled out by the NYSCRF in March. The largest of those was a $500 million commitment to the...

UK. PensionBee Urges Action As Government Revives Pensions Commission To Tackle Looming Retirement Crisis

PensionBee, a leader in the consumer retirement market, has called on the Government to match words with action following today’s revival of the Pensions Commission. PensionBee, welcomed the move as a long-overdue wake-up call, warning that without bold reform, millions – including carers, the self-employed, women and low-paid workers – risk sleepwalking into retirement poverty. Lisa Picardo, Chief Business Officer UK at PensionBee said: “This Pensions Commission shines a welcome light on the very real risk that millions face a poorer retirement unless...

Dutch pension fund PME on ensuring alignment with asset managers

It is safe to say that asset owners are increasingly scrutinising how their managers are approaching sustainability. And PME, the Dutch pension fund for those in the metal and technology sector, is at the forefront of these efforts. The €59 billion asset owner is in the process of revising its approach to selecting and assessing managers to ensure the ones they use are delivering on its return expectations and are aligned with its values. Daan SpaargarenEvaluating managers on ESG is not new, notes...

UK. Most pension schemes not making use of impact reports in investment decisions

Whilst most UK pension schemes are receiving impact reports, very few are reading them closely or using them to guide investment decisions, research from Pensions for Purpose has revealed. The report, commissioned by Impact Frontiers, revealed that although the UK’s impact investing market is growing fast, expanding over 10 per cent annually between 2021 and 2023, many institutional investors remain unsure how to use impact data meaningfully. According to the report, whilst most pension funds assess whether their managers produce impact...

Germany. Alarming Wage Statistics Indicate Increased Risk of Poverty in Retirement

The risk of poverty in retirement is on the rise in Germany, as indicated by recent statistics that reveal alarming trends. A report suggests that millions may face financial difficulties in their later years due to inadequate income levels. According to data, almost one in five individuals over the age of 65 were considered at risk of poverty last year, a figure that has been steadily increasing in recent years. A recent response from the German government to a query...

México. Crecen recursos para retiro de mujeres

Al primer semestre del año, se aceleró el crecimiento del saldo de las cuentas de ahorro para el retiro (Afore) de las mujeres, al aumentar 22.73 por ciento anual, según las cifras de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). Así, los recursos en estas cuentas en su conjunto ascendieron a dos billones 613 mil 676 millones de pesos, de enero a junio de este año. En tanto, el saldo depositado en las cuentas para el retiro...