June 2024

UK. DB schemes taking steps to manage risks as funding positions improve

Defined benefit (DB) pension schemes have taken advantage of last year’s “relative calm” to make progress on endgame planning, net-zero targets, and tackling diversity, equity and inclusion (DE&I) issues, research from LCP has revealed. LCP’s latest Chart Your Own Course report found that many schemes have seen improvements to their funding positions and are exploring various endgame options. In particular, LCP found that completing a de-risking transaction remained a top priority for many, cited as a key priority in the coming year...

How to save for retirement: Investment tips for moderate risk takers

If you plan to retire at 50, you will need to build a big enough corpus to last you through 30-35 years of retirement, or even longer. Considering inflation, and the extended period in retirement will necessitate a larger corpus than ₹2 crore to provide for your needs. Let's assume you will need ₹75,000 per month to sustain your expenses. This is 50% of your current income. If your retirement corpus of ₹2 crore (current prices) earns 9% returns, it will sustain inflation...

LGBT+: El 65% de las personas no se siente incluida en su espacio de trabajo

La inclusión puede desbloquear el potencial de los negocios, pues mejora la creatividad, la innovación, la resolución del problema, el desempeño y la retención de talento. Pese a ello, la mayoría de las personas se siente excluida en su empresa. La exclusión es igual al dolor físico, o al menos el cerebro lo procesa igual, y ese es el escenario que enfrenta el 65% de las personas trabajadoras, de acuerdo con una investigación de Bain & Company. Pese a los beneficios...

España. Trabajo anuncia un acuerdo con sindicatos y patronal para garantizar la igualdad del colectivo LGTBI en las empresas

El Ministerio de Trabajo ha anunciado un acuerdo con sindicatos y empresarios sobre las medidas a adoptar para lograr un entorno laboral más igualitario para las personas LGTBI. Así lo ha indicado este lunes la vicepresidenta segunda y ministra de Trabajo, Yolanda Díaz, en una entrevista en La Sexta. El acuerdo quedó prácticamente cerrado el 16 de mayo, en la última reunión que los negociadores de las patronales y de las centrales mantuvieron en el ministerio. Ya entonces las fuentes...

Las AFP chilenas compran más de 3.000 millones de dólares en renta variable extranjera

En lo que va del año, los fondos de pensiones chilenos han estado aumentando sus posiciones en fondos de renta variable internacional. Según cifras recopiladas por HMC Capital, han adquirido alrededor de 3.172 millones de dólares netos en los primeros cinco meses de 2024, con un marcado sesgo por EE.UU. y Asia, particularmente Corea del Sur y Japón. Entre compras y ventas, las gestoras han destinado 1.824 millones de dólares en estrategias enfocadas en la bolsa estadounidense. Dentro de esa categoría, la clase de...

Cobijando al arcoíris plateado

Doug Hairgrove y Warren “Woody” Wood llevan 63 años juntos. Se conocieron en la universidad en 1959, trabajaron hombro con hombro por más de tres décadas en una escuela secundaria del sur de California y se casaron en el 2008 en su casa del desierto de Palm Springs, California. Hace unos años, cuando llegó el momento de cambiar de casa, se mudaron a un apartamento. “Era agradable, pero teníamos muy poco contacto con los demás”, dice Hairgrove, de 84 años. Anhelaban...

US. Pension fund for N.Y. public workers sees significant increase

The pension fund for public retirees in New York saw significant investment returns for the previous fiscal year, according to state Comptroller Thomas DiNapoli’s office. The New York State Common Retirement Fund had an investment return of more than 11.5 percent during the fiscal year ending on March 31, nearly double the long-term expected rate of return of 5.9 percent. The fund, which manages the money for local and state government retirees, ended the year at nearly $268 billion. While inflation persists...

UK. ‘I don’t know how I’m going to work until I’m 67’

With the general election fast approaching, many people are thinking about what changes they would like to see from the next government. Pensions and retirement age are two issues people are focused on, and voters in Somerset have spoken to the BBC as part of the Your Voice Your Vote campaign. Doug Workman, a 63-year-old builder from Chilcompton, near Radstock, wants the retirement age to be lowered as he is finding it "more difficult" to physically manage at work. "I don't know how...

Ghana. SSNIT drags railways MD to court for nonpayment of contributions

The Social Security and National Insurance Trust (SSNIT) office in Takoradi has dragged the Ghana Railways Corporation (GRC) and its Managing Director, Michael Adjei Anyetei, to court for nonpayment of social security contributions of the entity’s workers to the tune of GH¢4.13 million. The Circuit Court presided over by Araba Nunoo, issued the warrant for the arrest of the managing director after the SSNIT Prosecutor, Ann-Marie Annan, applied for a bench warrant to that effect. The prosecutor told the court that...

US. LGBTQ elders struggle with health care, housing and isolation

LGBTQ older adults are four times less likely to be parents than older heterosexual adults, and twice as likely to grow old single and living alone, according to SAGE, a national group that offers services and advocacy for LGBTQ adults 50 and older. The challenges LGBTQ elders face overlap with an aging U.S. population. According to the U.S. Census, the population aged 65 or over grew to an unprecedented 55.8 million, or 16.8% of the total population, in 2020. The...