August 2023
15Aug

Universal Pension Scheme to be inaugurated Thursday

The much-hyped Universal Pension Scheme is going to be launched on Thursday considering the future life of the cross section of people in Bangladesh. Prime Minister Sheikh Hasina will inaugurate the scheme virtually from her official Ganabhaban residence. Finance Division officials said that the scheme will be launched considering the future of the cross section of people in the country. Initially, four types of schemes will be launched considering people of four different types of communities. These are named as 'Pragati' 'Surokkha',...

August 15, 2023
News
Read more...
15Aug

SSNIT to build more capital buffers to ensure sustainability – DG

The Social Security and National Insurance Trust (SSNIT) is working to build more capital buffers in the next couple of years to ensure the sustainability of the Trust, the Director General, Dr John Ofori-Tenkorang, has said. “We had some headwinds vis-a-vis dividends from the banks last year. But we believe this is temporary and the next couple of years we will be back to trend,” he said in an interview with journalists after the 2023 Employers’ Breakfast Meeting in Accra...

August 15, 2023
News
Read more...
15Aug

Kenya pension schemes lose $77m in bond, equity deals

Kenyan pension schemes lost over Ksh11 billion ($76.92 million) in bond and equity investments in the three months to June 2023, due to rising interest rates, which lowered valuations and share prices on the Nairobi Securities Exchange (NSE). A quarterly survey by actuarial services firm Zamara Consulting shows that fund management firms are feeling the heat of their heavy exposure to bonds and equity investments at a time when a mixture of global and domestic macroeconomic factors have weakened the...

August 15, 2023
News
Read more...
15Aug

Egypt launches dollar-based pension plan for citizens living abroad

Misr Insurance, a state-owned Egyptian company, has issued the country’s first pension plan in US dollars for citizens living abroad in a bid to remedy cash-strapped Egypt's foreign exchange crunch. Egyptians aged 18 to 59 living abroad will be able to buy into this plan, which can be started with a one-time payment of a minimum of $500 and a maximum of $10,000, with no further payments required, according to Misr Insurance. Pensioners can also make a monthly payment in dollars...

August 15, 2023
News
Read more...
14Aug

Asume un nuevo Viceministro de Pensiones y Servicios Financieros

El ministro de Economía, Marcelo Montenegro, posesionó este viernes a Franz Alejandro Apaza Camacho, como nuevo Viceministro de Pensiones y Servicios Financieros. Según un reporte de esa cartera de Estado, Apaza Camacho asume el cargo en reemplazo de Ivette Espinoza, quien ahora es directora general ejecutiva de la Autoridad de Supervisión del Sistema Financiero (ASFI). En cumplimiento a la Resolución Suprema N°28848 del 10 de agosto de 2023, el ministro procedió a la posesión de la nueva autoridad y destacó su...

August 14, 2023
Noticias,
Read more...
14Aug

Macaya (UDI) no cede y advierte que “se ve difícil el avance de la reforma de pensiones”

Javier Macaya pasó de ser el UDI más cercano al gobierno de Gabriel Boric, prestándose para revivir la política de los acuerdos, al enemigo número uno del ministro Giorgio Jackson y por extensión de La Moneda. Su actuación de los últimos meses da cuenta de que el timonel gremialista no descansará hasta ver al titular de Desarrollo Social fuera de la actual administración y un cambio de gabinete profundo. Ese es el precio que el Gobierno deberá pagar si...

August 14, 2023
Noticias,
Read more...
14Aug

¿Es posible retirar los fondos de mi AFP 2023? AQUÍ te lo contamos

Los aportantes a las AFP esperan con ansias el séptimo retiro de sus fondos de pensiones, pues se han visto atemorizados económicamente frente al aumento de los productos de la canasta básica en nuestro país y el retiro de la AFP es una alternativa ante la situación económica que se enfrenta en el país. Desde el 2020, se han registrado retiros continuos de los fondos de pensiones; para Perú han sido seis los aprobados, pero hasta el momento se espera una última aprobación para proceder...

August 14, 2023
Noticias,
Read more...
14Aug

Dura advertencia para los colombianos que quieren pensionarse: hay dos problemas graves

De acuerdo con el Departamento Administrativo Nacional de Estadística (Dane), en lo que va de este año 2023, solamente el 18% de los colombianos han podido acceder a una pensión completa. Y es que aunque la edad de jubilación no ha cambiado en el país, pues muchos creen que con la reforma pensional sí se modificará en un futuro, actualmente sigue siendo a los 62 años para los hombres y 57 años para las mujeres. Sin embargo, según Infobae, las personas que...

August 14, 2023
Noticias
Read more...
14Aug

“Young people retire at 74 if no action is taken”: alarm from the Cng

“The growing precariousness and job discontinuity, associated with low wages and lack of social guarantees, particularly affects young people and women, making their path to entry into the labor market, contractual stability and wage levels more difficult”. He affirmed it, on the occasion of the presentation of the research “Contributory situation and pension future of young people”made by National Youth Council together with EU.RES, the President of the CNG, Maria Cristina Pisaniwho expressed “the need for a more in-depth...

August 14, 2023
News
Read more...
14Aug

Concourt ruling puts pension worries to rest

A ruling by the highest court in the land, the Constitutional Court, has put to rest concerns about pension fund rule amendments, which arose after a determination against a fund by the Pension Funds Adjudicator (PFA) was upheld by the High Court but then overturned by the Supreme Court of Appeal (SCA). All retirement funds in South Africa – except those that fall under separate legislation, such as the Government Employees Pension Fund – are governed by the Pension Funds...

August 14, 2023
News
Read more...