editor, Author at Pension Policy International

07SepSeptember 7, 2023

Pension Protection Fund pushes for new remit to boost UK investment

The UK’s pension lifeboat fund is pushing to become a consolidator of corporate retirement plans in a move that it believes could unleash “substantial” new investment for the economy. In a submission to the government published on Tuesday, the Pension Protection Fund said that if ministers wanted to unleash money held by pension funds into the economy there would need to be a “step change” in the market. The PPF is a statutory fund set up in 2005 and is...

September 7, 2023

NewsOccupational Pensions, UK

07SepSeptember 7, 2023

Nigeria’s pension, four other countries collaborate to grow over $70bn assets

Nigeria’s pension sector with assets under management (AUM) in excess of N16.7 trillion, equal to $22.14 billion at of June 2023 is collaborating with four other countries in Africa to grow their over $70 billion market size. The collaboration will enable them to foster the adoption of alternative investments and will focus on green finance, a pivotal driver for bolstering various sectors of the economy. This collaboration on Monday witnessed the launch of the Pan-African Fund Managers’ Association (PAFMA), a new...

September 7, 2023

NewsInvestment, Nigeria, Pension Management

07SepSeptember 7, 2023

Research finds pensions struggle to determine metrics for ESG goals

There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication from the pension research council at the Wharton School of the University of Pennsylvania. Olivia Mitchell, a professor and executive director of the pension research council at the University of Pennsylvania’s Wharton Business School and one of the editors of the volume, says institutional investors are split over the long-term value of an ESG approach between pursuing...

September 7, 2023

NewsESG, Pension Management, Regulation

06SepSeptember 6, 2023

Chile. Gobierno buscará reactivar la reforma previsional a fin de mes, pese a que negociaciones con la oposición están congeladas

El gobierno buscará ingresar las indicaciones de la reforma previsional a fin de mes en la Comisión de Trabajo de la Cámara de Diputados, aún cuando las posiciones están distanciadas con la oposición. De hecho, según confidencian diputados de Chile Vamos, en el último mes no ha habido tratativas al respecto, pese a que recuerdan que el Ejecutivo decidió postergar el envío de indicaciones para poder seguir negociando con los distintos partidos y así lograr un acuerdo. La ministra del...

September 6, 2023

NoticiasPerú, Reforma de Pensiones

06SepSeptember 6, 2023

Peru. MEF: propuesta de reforma del Sistema de Pensiones contempla mayor competencia privada

El ministro de Economía y Finanzas, Alex Contreras, señaló hoy que la propuesta de reforma del Sistema de Pensiones, contempla el ingreso de más entidades privadas y una afiliación automática a quienes cumplan 18 años al sistema público de pensiones. Asimismo, indicó que la propuesta del Ejecutivo sobre la reforma del Sistema de Pensiones será enviada al Congreso de la República para su debate, a fines de setiembre. Precisó que en la propuesta del Ejecutivo se universaliza la afiliación desde los 18...

September 6, 2023

NoticiasPerú, Reforma de Pensiones

06SepSeptember 6, 2023

Los graves problemas que enfrentan miles de colombianos a la hora de buscar sus pensiones

La búsqueda de una pensión digna y segura es una preocupación creciente para los colombianos, ya que en 2023, solo el 18 % de la población cuenta con una pensión completa, según cifras del Departamento Administrativo Nacional de Estadística (Dane). Esto pone de manifiesto la necesidad de abordar los problemas que impiden que un mayor número de personas acceda a una jubilación tranquila y financiera. Uno de los principales desafíos que enfrentan los colombianos al buscar su pensión es el...

September 6, 2023

NoticiasAhorro, Colombia, Suficiencia

06SepSeptember 6, 2023

Puerto Rico. Junta de Supervisión Fiscal insiste en la reforma de pensiones para la UPR

La Junta de Supervisión Fiscal (JSF) insistió en que la administración de la Universidad de Puerto Rico (UPR) tome las medidas necesarias para reformar el plan de pensiones de sus empleados, en momentos en que trabajadores del sistema universitario se oponen vehementemente a los cambios. “El Sistema de Retiro de la UPR no está saludable ni en una buena condición financiera”, manifestó el director ejecutivo del ente fiscal, Robert Mujica, en una carta dirigida la semana pasada al presidente de la Junta de Gobierno de la...

September 6, 2023

NoticiasPensiones Públicas, Puerto Rico, Reforma de Pensiones

06SepSeptember 6, 2023

U.S. Public Pension Plans Sustain Support for ESG Resolutions

Political rhetoric about the aims and efficacy of environmental, social, and governance-focused investing has turned heated in the past year. Public pension funds—irretrievably tied to politics by nature of their public funding—continued demonstrating strong support for ESG shareholder resolutions in the 2022 proxy season, according to a Morningstar review of some of the largest U.S. pension funds. The full study can be found here. These resolutions varied from calls for companies like Costco COST and Berkshire Hathaway BRK.A to reduce greenhouse gas emissions to proposals for...

September 6, 2023

NewsESG, Public Pensions, US

06SepSeptember 6, 2023

UK. Government announces new welfare reforms to help thousands into work

A consultation, launched today (Tuesday 5 September), will consider changes to the Work Capability Assessment, with proposals to ensure it is delivering the right outcomes for supporting those most in need. The consultation will look at updating the Work Capability Assessment’s categories so they better reflect the modern world of work and the opportunities more readily available to disabled people. Earlier this year, Government confirmed investment worth £2 billion to support disabled people and those with long-term health conditions into work,...

September 6, 2023

NewsLabor Market, Pension Reform, Regulation, UK

06SepSeptember 6, 2023

Pension fund CPF eyes stake in Africa Finance Corporation

Pension fund CPF Financial Services is set to make an equity investment in the Africa Finance Corporation (AFC) as it seeks to diversify its investments from traditional asset classes. CPF managing director Hosea Kili made the revelation on Monday even as he remained tight-lipped on the value of its proposed investment in the pan-African lender. “We will discuss the details of the investment including the value of the equity with our fund managers in due course. This is part of our...

September 6, 2023

NewsAfrica, Investment, Pension Management

September 2023