April 2024
24Apr

Ghana. Public sector workers to strike May 2 over pensions

The Forum for Public Sector Associations and Unions has hinted at plans to stage a nationwide strike if government fails to resolve all issues bordering on the implementation of pensions for public sector workers. The Forum, in a notice, revealed its members will embark on a strike from Thursday, 2 May 2024, if by Tuesday, 30 April, issues relating to the implementation of pensions for public sector workers remain unresolved. “Notice is hereby served,” the Forum indicated. The Forum is made up...

April 24, 2024
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24Apr

UK. DWP declares 34,500 claimants have to pay back benefits or face fines up to £20,000

The Department for Work and Pensions (DWP) is facing a storm of criticism as it has ordered 34,500 people to repay benefits, with fines reaching up to £20,000. This comes amid calls for the DWP to review its handling of Carer's Allowance after it was revealed that thousands of carers are being overpaid and later hit with hefty repayment demands. In a dramatic turn of events, a UK government dementia adviser has stepped down in protest against the DWP's "beyond the pale" legal...

April 24, 2024
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23Apr

México. La Cámara de Diputados aprueba la creación del Fondo de Pensiones del Bienestar

La Cámara de Diputados del Congreso mexicano ha aprobado este lunes la creación del Fondo de Pensiones para el Bienestar. Con modificaciones a seis leyes reglamentarias, Morena y sus aliados avalaron la reforma que contempla un fideicomiso público que reunirá unos 40.000 millones de pesos de las cuentas de los trabajadores mayores de 70 años que no reclamen su ahorro para el retiro. La mayoría de los recursos se obtendrán de las Administradoras de Fondos para el Retiro (Afores) y de...

April 23, 2024
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23Apr

Colombia. Solo 28% de los colombianos prefiere que el Gobierno Nacional administre pensiones

Bruce Mac Master, presidente de la Andi, entregó este lunes los resultados del estudio de percepción del sistema pensional, que busca reformar el Gobierno de Gustavo Petro. Entre los resultados, Mac Master destacó que "los colombianos están muy preocupados por los cambios" que propone el Gobierno Nacional. Además, resaltó que la ciudadanía considera positiva la creación del pilar solidario, pero este debe emplear recursos del Estado. El 72% de los ciudadanos consulados considera importante que el ahorro pensional esté depositado en una cuenta...

April 23, 2024
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23Apr

Argentina. Oficializaron el pago de un bono para los jubilados nacionales durante mayo

El Gobierno oficializó a través del Decreto 340/2024 que en mayo volverá a pagar un bono de $70.000 para jubilados que perciban un haber mínimo. Así, la administración nacional dispuso otorgar "una ayuda económica previsional por un monto máximo de pesos setenta mil ($70.000), que se abonará en el mes de mayo de 2024". El bono también incluirá a “las personas beneficiarias de pensiones no contributivas por vejez, invalidez, madres de siete hijos o más y demás pensiones no contributivas y...

April 23, 2024
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23Apr

Entregan RD$2,500 millones a maestros jubilados beneficiados con decreto del 2023

El Instituto Nacional de Bienestar Magisterial (Inabima) inició este lunes la entrega de los fondos del Plan de Retiro Complementario (PRC), equivalente a un monto de RD$2,570,017,633, a 3,032 maestros que fueron beneficiados en el decreto 311-23. Los beneficiados recibieron un promedio de RD$847,631.15 por maestro, y con esta cantidad se eleva a RD$11,667,334,058 el monto que ha entregado el Inabima a la fecha. También el número de jubilados que recibieron el PRC, se elevó a 21,314, dato que está contenido en 16 decretos que han sido emitidos por el Poder Ejecutivo desde el año 2010...

April 23, 2024
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23Apr

ESG increasingly part of core business, CFO survey finds

An increasing number of companies integrate sustainability into their core business strategies, according to a survey of chief financial officers released April 22 by accounting and advisory firm BDO. The 2024 ESG Risk & ROI Survey found that companies see numerous benefits to ESG programs beyond simply responding to regulatory mandates. “By embedding ESG and sustainability initiatives into their organization’s overarching strategic agenda, CFOs can help retain top talent, better manage risk, and drive long-term resilience,” said Karen Baum, managing principal for the Sustainability...

April 23, 2024
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23Apr

Perception of when old age starts has increased over time, shows study

None of us are getting any younger, but it appears the age at which we are considered old has moved upwards over the generations. What’s more, as adults get older, they shift the goalposts further still, a study has shown. The researchers behind the study said the upward shift could be down to increases in life expectancy and retirement age, as well as other factors. “We should be aware that conceptions and perceptions of ‘old’ change across historical time, and that people...

April 23, 2024
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23Apr

Aging population to drive down Korea’s housing prices from 2040: experts

South Korea's housing prices are expected to see a long-term decline starting in 2040, hit by the nation’s falling birth rate and quickly aging society, according to experts who joined a Seoul seminar hosted by construction project management firm Hanmi Global on Tuesday. "In 2025, South Korea will become a superaging society with an over-65 population surpassing 10 million, which will account for more than 20 percent of the country's total population. Due to the aging population and overall decline...

April 23, 2024
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23Apr

Italian schemes bolster ESG standards in private equity allocations

Italian industry-wide pension funds (Fondi Negoziali) are increasingly applying ESG standards to private equity investments. According to a report on ESG and investment policies of Italian institutional investors published by think tank Itinerari Previdenziali, 21% of industry-wide pension schemes apply ESG criteria to allocate to private equity, a steep rise from the 7% recorded in 2023. However, occupational, pre-existing and first pillar schemes (Casse di Previndeza) still shy away from handing out specific mandates for asset management linked to sustainability goals, the...

April 23, 2024
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