editor, Author at Pension Policy International

10JanJanuary 10, 2024

Chile. Se abre nueva alternativa a reforma de pensiones: 3% a cuentas individuales y 3% de préstamo al Estado

La oposición anunció que está trabajando un 'mecanismo alternativo' con el Gobierno para la repartición del 6% de cotización adicional, que involucraría un sistema en que el afiliado le presta un porcentaje al Estado sin perder la propiedad, para que se cree una lógica solidaria en la reforma de pensiones. Durante esta jornada de martes, en el marco de la discusión por la reforma previsional, Chile Vamos propuso un ‘mecanismo alternativo’ al Gobierno que busca mantener la propiedad de los fondos y mejorar...

January 10, 2024

NoticiasChile, Reforma de Pensiones

10JanJanuary 10, 2024

Venezuela. Piden a Maduro mejores sueldos, pensiones y condiciones laborales

Empobrecidos educadores, trabajadores y jubilados de la administración pública en Venezuela protestaron este martes en varios estados del país para pedir aumentos de sueldo y mejores condiciones laborales, golpeados con una de las inflaciones más altas del mundo y con una crisis recurrente. “Yo sobrevivo porque tengo familia, no por el salario”, dijo a la Voz de América Damelys Yégüez, de 74 años, durante una manifestación en Caracas frente al Ministerio Público. Yégüez dedicó la mitad de su vida a la docencia en...

January 10, 2024

NoticiasPensiones Públicas, Suficiencia, venezuela

10JanJanuary 10, 2024

U.S. centenarian population is projected to quadruple over the next 30 years

The number of Americans ages 100 and older is projected to more than quadruple over the next three decades, from an estimated 101,000 in 2024 to about 422,000 in 2054, according to projections from the U.S. Census Bureau. Centenarians currently make up just 0.03% of the overall U.S. population, and they are expected to reach 0.1% in 2054. The number of centenarians in the United States has steadily ticked up since 1950, when the Census Bureau estimates there were just...

January 10, 2024

NewsAging, US

10JanJanuary 10, 2024

UK. Morningstar expects up to 300 funds to opt for sustainability label

Up to 300 funds are expected to assign themselves a sustainability label this year, as part of new rules from the UK’s financial regulator. In November, the Financial Conduct Authority (FCA) unveiled a labelling regime for investment products wishing to market themselves as considering environmental and social issues. It identifies four legitimate approaches, including targeting real-world impact and supporting companies that are transitioning to more sustainable practices. A report published today by research house Morningstar predicts that “about 300 UK open-...

January 10, 2024

NewsPension design, Pension Payout, US

10JanJanuary 10, 2024

Why Retirement Gets Better With Annuities

Everyone aspires to have a steady source of income after retirement that replaces as much as possible of their pre-retirement earning. But for many people, one big challenge in saving for that goal is to find the right financial product that accommodates their specific requirements, such as when they want to retire or how much more they need over and above their Social Security benefits. A new research paper by experts at Wharton and elsewhere solves that challenge with a...

January 10, 2024

NewsPension design, Pension Payout, US

10JanJanuary 10, 2024

Kenya. Auditor General’s Report Reveals Ksh.67B Lost Through Fake Pension Scheme Payments

Auditor General Nancy Gathungu has lifted the lid on the Ksh.67 billion loss of public funds through fake payments made to pensioners whose realness is also in question. The performance report by the Auditor General on the fund shows that top civil servants manning the scheme were among others using duplicate IDs to enrol fake claimants, occasioning the loss of taxpayers' money. Officials in the National Treasury are said to have colluded to defraud the pension fund of billions of shillings...

January 10, 2024

NewsKenya, Operations, Regulation

09JanJanuary 9, 2024

México. Ahorro en Afore equivale a 40% de la deuda pública

El ahorro pensionario que los mexicanos tienen depositados en las 10 Administradoras de Fondos para el Retiro (Afore) que operan en el país, producto de años de haber trabajado en el sector formal, equivale a 40 por ciento de la deuda pública de México, revelan datos oficiales. Al cierre de noviembre de 2023, de acuerdo con información de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar), el ahorro para el retiro de aproximadamente 73.9 millones de mexicanos...

January 9, 2024

NoticiasAdministración de Pensiones, Ahorro, Mexico

09JanJanuary 9, 2024

Perú. ¿Qué tan rentables fueron las AFP en el 2023?

Este año, las Administradoras de Fondos de Pensiones (AFP) registraron ganancias por un total de S/454 millones 753.000. De enero a noviembre, las aseguradoras aumentaron sus dividendos en un 3,03% en comparación con el mismo período del año anterior, cuando reportaron utilidades netas por S/441 millones 388.000, según reportó la Superintendencia de Banca, Seguros y AFP (SBS). Si quieres conocer cuál fue la rentabilidad que obtuvo tu AFP este año, de acuerdo con el fondo en el que estás inscrito, en esta nota te mostramos...

January 9, 2024

NoticiasAdministración de Pensiones, Perú, Rendimientos

09JanJanuary 9, 2024

U.S. pension risk transfer sales increased 39% in Q3 2023: report

U.S. pension risk transfer sales increased by 39 per cent during the third quarter of 2023, according to a report by LIMRA. It found single premium buyout sales were US$8.1 billion, 69 per cent lower than this time last year. Year-to-date, buyout sales fell 30 per cent to $28.9 billion compared to 2022. There were 203 buyout contracts in the quarter, a 40 per cent year-over-year increase, and year to date, there were 483 buyout contracts completed, more than double...

January 9, 2024

NewsPension Management, Risk, US

09JanJanuary 9, 2024

UK Gov Aids Clients to Balance Pensions

Experts at the Government Actuary's Department (GAD) have been supporting clients as they work towards fully equalising pensions for their members. We have devised a modeller to assist in the process. Legal rulings The issue of guaranteed minimum pension (GMP) equalisation dates to May 1990 when the Barber judgment ruled on the matter. This applies to pensions including GMP accrued between 17 May 1990 and 5 April 1997. The 2018 legal case in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank PLC and others, provided...

January 9, 2024

NewsPension design, UK

January 2024