editor, Author at Pension Policy International

11DecDecember 11, 2023

Colombia.El próximo año, el número de personas con su edad de pensión superará las 500.000

De cada cuatro colombianos, tres no se pensionan, lo que reduce la cantidad significativamente para los adultos nacidos entre 1962 y 1967 que recibirán una mesada Los sistemas de pensiones en el mundo y en América Latina están a prueba por retos de sostenibilidad y Colombia no es la excepción. Parte de la intención de la reforma laboral que lanzó el Gobierno Nacional viene motivada por estos factores de la sostenibilidad para el sistema. Para 2024 un total de 523.222 personas cumplirá la...

December 11, 2023

NoticiasColombia, Envejecimiento

11DecDecember 11, 2023

Perú. ONP: incremento de pensiones a jubilados se retrasaría hasta 2025, plantea Comisión de Economía

La Comisión de Economía del Congreso de la República tiene listo un predictamen que busca la reforma integral del sistema de pensiones en el Perú. Este documento legislativo de más de 300 páginas incorpora la iniciativa para liberar 2 UIT, equivalentes a S/ 9.900 de los fondos privados de pensiones AFP. Además de limitar este retiro AFP focalizado para desempleados, la propuesta busca aplazar el aumento de las pensiones para jubilados de la Oficina de Normalización Previsional (ONP) hasta el 2025, la cual difiere a la iniciativa presentada por el Poder...

December 11, 2023

NoticiasIngreso, Perú

11DecDecember 11, 2023

US is not prepared to house a growing number of older Americans

As skyrocketing housing prices persist across the country, the resulting homelessness crisis is growing, and more Americans are in need of assistance. However, some industry experts have noted an uptick in the average age of unhoused populations. “It's very tough. Very tough. Not knowing where you're going to go at night is very tough. I can't even get stable work because you have to have a stable place,” said Latia Griffin, who is experiencing homelessness in Ohio. A recent report from Harvard University's...

December 11, 2023

NewsAging, US

11DecDecember 11, 2023

UK’s PensionBee Comments on the Negative Impact of Greenwashing, Key ESG and Fintech Trends for 2024

PensionBee notes that in recent years, the spotlight has intensified “on the role of investments in the climate debate.” As most consumers would hopefully know by now, ‘ESG‘ stands for Environmental, Social, and Governance. This is a framework used to “measure a company’s sustainability, workforce and ethical practices.” Many companies have ESG ratings, which could “help consumers make informed choices.” It is well accepted that savings, “including pensions, can help shape a sustainable future.” Sustainable investing considers ESG factors “alongside financial returns.” It has gained popularity, but also “criticism...

December 11, 2023

NewsPension Management, UK

11DecDecember 11, 2023

BP pension nears deal to sell portfolio worth as much as $800m

The defined benefit pension scheme of one of the world’s largest oil and gas companies is close to offloading a portfolio of private market fund stakes, Secondaries Investor has learned. BP’s DB pension has been shopping a portfolio around $700 million to $800 million, according to two sources familiar with the matter. Campbell Lutyens is understood to be the adviser on the deal. The sale of the portfolio started in the second quarter of this year, according to the two sources. The...

December 11, 2023

NewsPension Management, Risk

11DecDecember 11, 2023

Quebec pension model back on the table in Alberta?

EDMONTON — Alberta Finance Minister Nate Horner — after promising any stand-alone Alberta pension plan would not follow the contentious Quebec model, then saying it might, then saying it won’t — told reporters Friday that possibility is back on the table. Horner rejected suggestions he was sending mixed messages, but the Opposition NDP called it another example of how the United Conservative government is crafting key policies on the back of a napkin as it examines having Alberta leave the...

December 11, 2023

NewsCanada, Public Pensions

08DecDecember 8, 2023

Cierran filas empresarios contra la reducción de jornada laboral

El sector privado cerró filas para insistir en que no es momento para reducir la jornada laboral de 48 a 40 horas semanales, al considerar que "no es tiempo de elevar los costos de las empresas", aunque reconocieron que esta modificación es inminente y es parte del Tratado México, Estados Unidos y Canadá (T-MEC). “No es el momento —de reducir la jornada laboral en México—, le quitaríamos un atractivo a las inversiones, ahorita que están llegando —al país— las empresas,...

December 8, 2023

NoticiasMercado Laboral, Mexico

08DecDecember 8, 2023

Why are Gen X workers in the UK so pessimistic about retirement?

Those born between 1965 and 1980 expect to be working for longer as they miss out on pension benefits enjoyed by their parents. Only one-third of people in the UK aged between 43 to 58 believe they will be retired by the time they reach the state pension age, according to the financial advisor Just Group. The state pension age is currently 67 for workers born after April 1960, although this will rise to 68 between 2044 and 2046. According to Just...

December 8, 2023

NewsAdequacy, Retirement Planning, UK

08DecDecember 8, 2023

How Higher Interest Rates Are Changing Focus of Fully Funded Pension Funds

Fully funded due to higher discount rates and investment performance, many corporate defined benefit pension funds are shifting their investment goals to maintaining that funding progress, from their prior focus of maximizing investment returns. While many have had significant assets dedicated to liability-driven investing in recent years, they are finding it is time to acknowledge the higher-yield, better-funding environment. As a result, a common approach among the cohort is to examine “overlap in plan holdings, inadequate hedging of liabilities and...

December 8, 2023

NewsFunding, Pension Management

08DecDecember 8, 2023

Japan’s SMBC pension fund explores boosting exposures to alternatives

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) Pension Fund, managing assets worth 1 trillion yen ($6.6 billion), is poised to increase investments in illiquid alternatives, including infrastructure private equity and debt aimed at maximizing returns. Anticipating a shift in domestic interest rates with the expected exit of the Bank of Japan (BOJ) from its ultra-easy monetary policy, the pension fund is considering reassessing its longstanding strategy of investing Japanese government bonds (JGBs), which has comprised only about 1 per cent of...

December 8, 2023

NewsInvestment, Japan, Pension Management

December 2023