editor, Author at Pension Policy International

19DecDecember 19, 2023

Chile. Gobierno ingresará indicaciones a reforma de pensiones: Esta es la nueva fórmula para el 6% extra

Tras el plebiscito constitucional, el Gobierno anunció que buscará reimpulsar la agenda de reformas para dar respuesta las necesidades de las personas. Por eso, la ministra del Trabajo y Previsión Social, Jeanette Jara, adelantó las indicaciones que van a ser ingresada esta semana al proyecto de reforma de pensiones. Entre las iniciativas, el Ejecutivo propondrá una nueva fórmula de distribución del 6% extra de cotización previsional que establecería que el 3% del fondo iría al seguro social, un 2% a la cotización individual y un 1% a impulsar el trabajo...

December 19, 2023

NoticiasChile, Reforma de Pensiones

19DecDecember 19, 2023

Perú. Reforma de pensiones, ¿por dónde empezar?

Durante el conversatorio “Acuerdos para encarar una reforma de pensiones”, que se buscó dar a conocer la iniciativa de diálogos y los principales acuerdos a los que los dialogantes llegaron para encarar una reforma del sistema peruano. Augusto Townsend, curador principal del Comité de Lectura, señaló que en el proceso de diálogo tuvo como resultado 19 propuestas de consenso que muestran que se puede llegar a acuerdos sobre qué hacer con el Sistema Integrado de Pensiones. “Vale anotar que los participantes...

December 19, 2023

NoticiasPerú, Reforma de Pensiones, Sector Informal

19DecDecember 19, 2023

Private credit attracts billions from U.S. pension funds

U.S. state and local retirement funds are pumping billions into private credit, joining the stampede into a booming sector of finance in the pursuit of higher returns. These systems are collectively allocating at least $100 billion of their roughly $5 trillion in assets into private debt, according to Equable, a bipartisan pension researcher founded by public finance leaders. While that's only a sliver of their holdings at present, funds' private credit positions have been steadily growing and are poised to...

December 19, 2023

NewsInvestment, Pension Management, US

19DecDecember 19, 2023

UK. Pensions are far from broken but could still use a fix

There aren’t too many areas of public policy where we in the UK can feel we have done a better job than in comparable countries. Our state pension system is, arguably, one of them. What we have is vaguely coherent and more affordable than most. It forms part of a system which, alongside widespread private provision and additional means-tested support for the poorest, results in many enjoying a relatively comfortable old age, and far fewer than in the past...

December 19, 2023

NewsAdequacy, Retirement Age, Social Security, State Pensions, UK

19DecDecember 19, 2023

Nigeria. PenCom asks employees of defunct organizations to reclaim their unpaid pension contributions

The National Pension Commission (PenCom) has called on former employees of defunct banks and other organizations in the country to approach their Pension Fund Administrators (PFAs) to reclaim the N12 billion in the Transition Contribution Funds (TCF) in their custody. According to the commission, the defunct organisations include Diamond, Intercontinental, Citizen, Mainstream and Oceanic Banks whose workers have yet to claim their funds. Speaking at a media parley organised by the Pension Fund Operators (PenOp), PenCom’s Director-General, Aisha Daniel-Umar, said that...

December 19, 2023

NewsNigeria, Occupational Pensions, savings

18DecDecember 18, 2023

México. Afores detienen mala racha; reportan plusvalías de 291,202 millones de pesos

Los retiros por desempleo sumaron 2,631 millones de pesos, con lo que se convirtió en el segundo mes del año en donde se retiraron más recursos. Las administradoras de fondos para el retiro (afores) lograron revertir en noviembre la mala racha que venían hilando los tres meses previos, de acuerdo con la información divulgada por la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). Los datos de noviembre arrojaron que las afores tuvieron plusvalías por 291,202 millones de pesos,...

December 18, 2023

NoticiasAdministración de Pensiones, Mexico, Rendimientos

18DecDecember 18, 2023

Chile. Gobierno buscará acelerar pacto fiscal y reforma de pensiones ante un dividido Congreso post-plebiscito

Lo dijo el Presidente Gabriel Boric en su discurso de anoche en el Palacio de La Moneda. Con el proceso constitucional cerrado, el Gobierno pondrá el pie en el acelerador para intentar sacar adelante el pacto fiscal y la reforma de pensiones, los dos grandes proyectos que el Ejecutivo debe negociar en el Congreso. En el primero, ya ha enviado un borrador a los partidos políticos con seis ejes, en el que también se incluyen medidas proinversión, rebajas impositivas y...

December 18, 2023

Noticias, UncategorizedChile, Reforma de Pensiones

18DecDecember 18, 2023

UK. Voluntary NI contributions surge 85% as people boost state pension

Voluntary contributions, also known as class 3 national insurance contributions, stood at £391.9mn for the year ending March 31, 2023. According to Hargreaves Lansdown, this is an 85 per cent surge on the £212.3mn paid the previous year. Class 3 contributions are voluntary contributions that can be used to fill gaps in national insurance records to boost state pension entitlement. Individuals can fill gaps going back six tax years though there is an opportunity for some people to fill gaps going back...

December 18, 2023

NewsUK, Voluntary Savings

18DecDecember 18, 2023

AI poses risks to U.S. economy, Financial Stability Oversight Council says

For the first time, the Financial Stability Oversight Council in its annual report identified artificial intelligence as a vulnerability in the U.S. financial system. The council said financial institutions, market participants and regulatory authorities should further build expertise and capacity to monitor AI innovation and usage, and identify emerging risks. "AI has the potential to increase efficiency and innovation, but it also introduces certain risks," the council said in its report released Dec. 14. "Monitoring these rapidly emerging technologies will continue to be...

December 18, 2023

NewsRisk, Technology, US

18DecDecember 18, 2023

Retirement Savings: 10 Biggest Financial Shocks For Retirees

Retirement can bring a sense of freedom and relaxation, but it can also come with unexpected financial shocks. Denial is a bad pill to take when retiring, and it’s important to be prepared so you can have your savings ready when these problems arise. Here are the top ten financial surprises that often catch retirees off guard: 1. Higher Healthcare Costs Than Anticipated Many retirees underestimate the cost of healthcare, including long-term care, which isn’t typically covered by Medicare. “the average 65-year-old couple retiring...

December 18, 2023

NewsRetirement Planning

December 2023