editor, Author at Pension Policy International

26OctOctober 26, 2023

US. Pension risk transfer pipeline remains robust, even if falling short of 2022 record

The U.S. pension risk transfer market remains robust in 2023, although it may not break the record for dollar volume set in 2022, experts say. This is despite a new record for dollar volume in the first half of 2023, totaling $22.5 billion in premiums paid for pension buyout transactions, according to research firm LIMRA. In 2022, the total volume was $48.3 billion, driven primarily by corporate pension funds' improving funding ratios, which have enabled many to pull the trigger on...

October 26, 2023

NewsInvestment, Risk, US

26OctOctober 26, 2023

Britain tells pension funds change needed to improve returns

Britain will not force pension funds to consolidate or invest in high-growth companies, but there must be change in the sector to give pension holders better long-term returns, finance minister Jeremy Hunt said on Wednesday. Hunt launched the "Mansion House Compact" in July to help channel cash from direct contribution pension funds into unlisted companies to boost Britain's economic growth. The government wants to persuade pension schemes to invest some of their funds in infrastructure as well as startups and green technology. Ten companies...

October 26, 2023

NewsInvestment, Returns, UK

26OctOctober 26, 2023

Ghana. Labour Ministry calls for expansion of pension to cover informal sector

The Director of Finance and Administration at the Ministry of Employment and Labour Relations, Mr Hamidu Adakurugu, has called for the expansion of pensions to ensure all workers, especially those in the informal sector who make up over 75% of the workforce, are enrolled in a pension scheme. Speaking on behalf of the Sector Minister at the launch of National Pensions Awareness Week, he noted that currently, only 2.4 million workers, which represents a small fraction of the over 10...

October 26, 2023

NewsCoverage, Ghana, Informa Sector

26OctOctober 26, 2023

U.S. equities gain favor as aging population invests for longer lifespans

A recent report from Deutsche Bank contradicts concerns about America's aging population straining healthcare and pensions, suggesting that healthier, longer-working individuals will adjust their investment and consumption patterns, thus averting a fiscal crisis. The report highlights the global rise in life expectancy and the proportion of the median age—now above 40%, a significant increase from 35% in 1986. The authors note an uptick in working years beyond traditional retirement age, leading to higher returns via a shift towards stocks over...

October 26, 2023

NewsInvestment, US

26OctOctober 26, 2023

Inflation hits occupational pensions in Germany, says Deloitte

Inflation is having a negative impact on occupational pensions in Germany, with both the number of employers interested in, or contributing to company pension schemes declining this year compared with 2022, according to an occupational pensions study conducted by Deloitte. According to the research, 38% of the employers surveyed is “clearly” worried about losses in terms of retirement provision because of the current level of inflation, 14% consider the impact of increasing consumer prices on pensions dramatic, whereas only 14% is...

October 26, 2023

NewsGermany, Occupational Pensions

25OctOctober 25, 2023

FIAP: Seis de cada 10 mayores de 65 años no reciben pensión contributiva en Latinoamérica

El 60% de los mayores de 65 años no reciben una pensión contributiva en Latinoamérica, alertó la Federación Internacional de Administradoras de Fondos de Pensiones (FIAP). Durante el Encuentro de la Asociación Mexicana de Administradoras de Fondos para el Retiro 2023, el presidente de FIAP, Guillermo Arthur, expresó su preocupación por los efectos que está generando la alta informalidad laboral en América Latina en el financiamiento de las jubilaciones. “Un 60% de los mayores de 65 años no reciben una pensión contributiva en...

October 25, 2023

NoticiasAmérica Latina, Cobertura

25OctOctober 25, 2023

Colombia. ¿Qué es lo que todavía preocupa de la reforma a las pensiones de Petro?

A pesar de que la reforma pensional ha tenido tropiezos en su paso por el Congreso de Colombia, el Gobierno ha mantenido sus posturas en el articulado y por eso hay temas que aún preocupan a los expertos en la materia. Para Anif, e la implementación de una reforma de pilares es altamente inconveniente, y tal y como la plantea el Gobierno actualmente es un golpe mortal para el mercado de capitales en el país. A juicio de la entidad, luego de...

October 25, 2023

NoticiasCobertura, Colombia, Reforma de Pensiones

25OctOctober 25, 2023

España. La OCDE ve insuficiente la reforma de las pensiones y aconseja revisar las prestaciones

La OCDE, la agrupación de los 40 países más industrializados del mundo, ha publicado este miércoles su informe anual sobre la economía española. Pese al buen comportamiento de la actividad en un entorno difícil, la Organización para la Cooperación y el Desarrollo Económicos insiste en que hace falta poner las luces largas y atacar los problemas estructurales de España: una baja productividad coincidiendo con un momento en el que el Gobierno anuncia reducciones de horarios; un mercado laboral que, pese a la...

October 25, 2023

NoticiasEspaña, Reforma de Pensiones

25OctOctober 25, 2023

MPs pension scheme abandons UK stocks

MP retirement savings have been pulled out of British companies – despite the Chancellor pushing pension schemes to invest tens of billions in UK business. Jeremy Hunt has called on pension funds to plough at least 5pc of their assets into British start-ups and private equity in a bid to boost growth. However, his own Parliamentary pension scheme now invests just 1.7pc (£14m) in British companies, down from nearly 12pc the year before. When Mr Hunt first announced the policy at his...

October 25, 2023

NewsInvestment, Public Pensions, UK

25OctOctober 25, 2023

Korea sees accelerating drop in birth rate

The number of babies born in Korea in August plummeted to the lowest level in nearly three years, data showed, Wednesday, heightening concerns of a looming demographic crisis driven by the world’s lowest fertility rate, decline in marriage and aging population. Statistics Korea said a total of 18,984 babies were born in August, down 12.8 percent from a year earlier. It marks the steepest year-on-year decline since November 2020, when the number of childbirths dipped 15.5 percent. The latest tally also marks...

October 25, 2023

NewsAging, South Korea

October 2023