January 2024

Estados Unidos se prepara para un año de jubilaciones récord ¿Qué aconsejan los expertos?

El 2024 será un año récord en materia de jubilación en Estados Unidos, cuando en promedio 11,000 estadounidenses al día lleguen a los 65 años de edad hasta diciembre. Según un informe de la Alianza para la Renta Vitalicia, aproximadamente 4.1 millones de estadounidenses alcanzarán la edad de jubilación este año y se mantendrá esta tendencia hasta el 2027, constituyendo la mayor oleada de ciudadanos en edad de retiro en la historia del país. Este fenómeno, descrito por especialistas como el “pico...

Chile Lower House Approves Base Text of President Gabriel Boric’s Pension Reform

Chile’s lower house of Congress approved the base text of President Gabriel Boric’s pension reform, while rejecting a key clause, damping government celebrations over one of its few legislative victories. Lawmakers backed the legislation on Wednesday by 84 votes to 64, but went on to reject a proposal over the destination of funds from a new employer pay-in as they subsequently voted on the bill article-by-article. The vote still advances one of Boric’s marquee proposals and gives temporary respite to a...

Savers at risk from UK’s pension ‘pot for life’ plan, industry leaders warn

Critics say government proposal for single, career-long retirement funds could leave individuals worse off A proposed shake-up of the UK’s pension market to give millions of workers the right to choose a retirement “pot for life” risks leaving savers worse off, industry leaders and unions have warned. In last year’s Autumn Statement economic plan, the government issued a call for evidence on a “lifetime provider” model, which would allow consumers to stick with one pension pot throughout their career. Currently employers are...

Kenya. Pensioners in tears over their delayed gratuity

“I regret having ever worked for the government,” says Mama Pauline Kiragu before she falls into deep silence. This is the cry for justice for millions of aging Kenyans — who worked in the civil service — waiting for pension payments running into billions of shillings. After many years of toil, most of them have retired home lonely fighting vagaries of old age, sickly, weak, dependent and poor. Thousands are unable to access their savings for upkeep and medical care. Others have...

Money managers divided over Chinese equities

Global money managers are split as to whether buy signals are flashing for China stocks right now, even as they agree the equity market does look cheap. The gap between Chinese company market capitalizations and the U.S. stock market was $42.5 trillion as of market close Jan. 23, based on Pensions & Investments' calculations using Bloomberg data. Bloomberg reported Jan. 23 that Chinese stocks have lost more than $6.3 trillion in value from a February 2021 peak, vs. a $5.3 trillion...

México. Reforma a pensiones tendría que venir acompañada con reforma fiscal, dicen especialistas

Para el 2024, el gobierno estima que 23% de todo el gasto federal se destinará a pensiones; expertos aseguran que conforme la población envejezca, subirá la presión sobre las finanzas. Para llevar a cabo una reforma al sistema de pensiones como la que pretende el presidente Andrés Manuel López Obrador, sería necesaria una reforma fiscal, pero sin crear nuevos impuestos ni aumentar los que ya existen, puesto que el país no lo soportaría, dijeron especialistas. Rolando Silva, vicepresidente del Colegio de...

Chile. Reforma de pensiones: sin humo blanco concluyó cita Gobierno-demócratas para asegurar los votos de los diputados a la idea de legislar

“Una reunión bastante acalorada, muy intensa”. Así definió el diputado Miguel Ángel Calisto (indep-demócrata) el encuentro entre los ministros de Trabajo y Hacienda, Jeannette Jara y Mario Marcel, respectivamente ; y la bancada demócrata-independiente, en que el Ejecutivo buscaba atraer algunos votos adicionales para asegurar la aprobación de la idea de legislar del proyecto de reforma de pensiones, que se vota mañana miércoles en la Sala de la Cámara Baja. La cita se prolongó casi dos horas en las que fue imposible llegar...

Perú. SBS aprueba procedimiento para que entidades estatales se acojan al REPRO-AFP III

La Superintendencia de Banca, Seguros y AFP (SBS), mediante Resolución N° 00197-2024, aprobó normas complementarias y el procedimiento operativo para que las entidades estatales puedan acogerse al REPRO-AFP III y regularicen sus adeudos por aportes previsionales devengados hasta el 31 de diciembre de 2022, en beneficio de los afiliados del Sistema Privado de Pensiones (SPP). Según la norma, publicada en la edición extraordinaria del diario El Peruano, las entidades públicas del gobierno nacional, gobiernos regionales y locales pueden acogerse al REPRO-AFP III hasta el 28...

UK pension funds turn to renewable energy investment

UK pension funds and insurers are keen to increase allocations to renewable energy in the coming years, according to new research. A survey by AlphaReal, a specialist real assets manager, found that a majority of pension funds and insurers planned to increase their allocation to renewable energy in the next year. The survey, which included institutions with a combined £360bn in assets under management, found that 90% of respondents planned to increase their allocation to renewables, with the remaining 10% open...

US. IRS Announces Modest Changes To Retirement Plan Contribution Limits

In response to the current inflationary environment, the Internal Revenue Service announced a modest increase in the maximum contribution limits for 401(k)s and Individual Retirement Accounts for 2024. This year, 401(k) savers can contribute a maximum of $23,000, marking an increase of over 2% from the $22,500 limit set for 2023. The new contribution limit, effective from January 1, 2024, applies to 401(k) plans, along with 403(b) plans, most 457 plans, and the Thrift Savings Plan for federal employees. Despite being less...