editor, Author at Pension Policy International

13MarMarch 13, 2024

US. Corporate Pension Funding Levels Skyrocket in February

The funded status of U.S.-based corporate pension plans increased significantly in February, primarily due to a rally in technology stocks, driven by excitement over AI and semiconductors, according to industry reports. Funded status also continues to be boosted by heightened interest rates. The surplus in pension funding could have some plan sponsors considering what to do with their excess pension assets. Earlier this month, Eastman Kodak announced it would shut its investment office, shifting the management of its assets to...

March 13, 2024

NewsFunding, Occupational Pensions, US

13MarMarch 13, 2024

U.K. pension fund surplus and funding ratio rises in February

The total surplus of U.K. corporate pension funds covered by the Pension Protection Fund, London's 7800 index increased by 4% in February to £442.3 billion ($559.8 billion), while the funding ratio also rose. The funding ratio increased to 146.1% as of Feb. 29, compared to 143.9% at the end of January, an update said. The total deficit of all plans with a shortfall was £3.9 billion as of Feb. 29, down from £4.3 billion as of Jan. 31. Total assets were...

March 13, 2024

NewsFunding, Occupational Pensions, UK

13MarMarch 13, 2024

Building Europe’s Green Transition and Retirement Security – Listed Real Estate’s Dual Role in Global Megatrends

As we enter 2024, the world continues to confront financial and environmental challenges on a global and societal scale. Globally, efforts to meet the Paris Agreement’s objectives are falling behind, with the green transition’s investment levels not meeting the necessary targets. This was highlighted by the World Bank’s Senior Managing Director, at the recent EU Sustainable Investment Summit, where the critical need for accelerated private investment in sustainability was underscored. The Commission identified a 1.5 trillion euro annual funding need...

March 13, 2024

NewsClimate crisis, EU, Retirement security

13MarMarch 13, 2024

Ageing and the climate crisis

It’s no secret that the population is getting older. According to the World Health Organisation, between 2020 and 2050 the global number of people aged 60 and over will rise from 1 billion to 2.1 billion. Many wealthier countries already have disproportionately weighty older populations: where I live in Wales, over-60s are predicted to make up around 30% of the population by 2026. Now the rest of the world is catching up: by 2050, two thirds of over-60s worldwide will live in what...

March 13, 2024

NewsAging, Climate crisis

12MarMarch 12, 2024

Chile. Presidente Boric pide avanzar en la reforma previsional apelando a que las personas “no pueden seguir esperando”

El mandatario estimó que durante esta administración se debe llegar a un acuerdo respecto a la reforma provisional tras los fracasos del pasado. Además, el Presidente hizo un especial énfasis en ayudar a mejorar la seguridad social de las mujeres. En medio de su balance de los dos años de gobierno, el Presidente Gabriel Boric apuntó a la necesidad de mejorar las condiciones de vida de las personas en el país y, ante esto, el mandatario estimó que durante esta...

March 12, 2024

NoticiasChile, Reforma de Pensiones

12MarMarch 12, 2024

Colombia. Amas de casa en Colombia tendrán derecho a pensión muy pronto, confirmó Gustavo Petro

El proyecto de reforma pensional del Gobierno de Gustavo Petro, que se basa en cuatro pilares (contributivo, solidario, semicontributivo y de ahorro voluntario), aún no sale a flote en el Senado de la República. Ya van tres intentos para que se debata en la plenaria de la corporación y no ha habido cuórum para votar los impedimentos de la iniciativa. Con esto, la oposición, que ve que dicho proyecto de ley no conviene a los colombianos, entre otras cosas, porque...

March 12, 2024

NoticiasBrecha de Género, Colombia, Pensiones Sociales

12MarMarch 12, 2024

Los activos alternativos ya acaparan una quinta parte de las carteras de los fondos de pensiones

Los activos alternativos se han convertido en una parte estructural de las carteras de los fondos de pensiones. Según las últimas cifras, correspondientes a 2023, del Global Pension Assets Study del Thinking Ahead Institute de la consultora WTW, en la última década su peso ha crecido ocho puntos porcentuales, hasta acaparar ya el 20% del volumen patrimonial. Un dato que no sorprende demasiado teniendo en cuenta que durante los últimos diez años los tipos de interés en cero e incluso negativos obligaron a...

March 12, 2024

NoticiasAdministración de Pensiones, Inversión

12MarMarch 12, 2024

Perú. Proyecto de ley busca incrementar pensión mínima en la ONP hasta S/1.205 en 3 años

El legislador independiente Jaime Quito Sarmiento ha presentado el proyecto de ley N.° 7103, con el objetivo de incrementar de manera gradual la pensión mínima en el Sistema Nacional de Pensiones (ONP), hasta equipararla con la remuneración mínima vital, actualmente fijada en S/1.025. Esta iniciativa responde a la sentencia del Tribunal Constitucional de 2019, que ordenó al Congreso y al Ejecutivo aumentar progresivamente la pensión mínima para asegurar el bienestar de los jubilados. ONP: ¿cuánto subiría la pensión en tres años con el proyecto de ley? La...

March 12, 2024

NoticiasPerú, Suficiencia

12MarMarch 12, 2024

U.S. institutional investors warm to Asian digital assets

Institutional investors from the U.S. are showing interest in Asian digital assets — much more than they did a year ago — and it will likely grow as more cryptocurrency ETFs may get approved globally, said Matt Long, Asia-Pacific general manager at digital asset prime brokerage FalconX, in an exclusive interview. "Last year, there was not a lot of liquidity in the (digital asset) markets. There was less positive sentiment, more uncertainty coming out of 2022, which was annus horribilis...

March 12, 2024

NewsInvestment, US

12MarMarch 12, 2024

UK pensions failing to keep up with cost-of-living

UK pensions are failing to keep up pace with the increasing cost-of-living, as pensioners are left with just £74 after buying essentials, research from Almond Finance has shown. The research looked at the current state pension in comparison to the average cost of living in the UK and compared this across Europe to establish which country offers the most to retirees. The UK finished 17th in the Pension Breakeven Index, a fall of one place compared to the previous year’s report...

March 12, 2024

NewsAdequacy, Inflation, UK

March 2024