editor, Author at Pension Policy International

29SepSeptember 29, 2023

Chile. Reforma previsional y pacto fiscal viven jornadas claves para sus avances

El término de septiembre marca días claves en dos importantes propuestas del Gobierno: reforma previsional, que tiene comprometido el ingreso de indicaciones; y pacto fiscal, en el que se espera un cambio de etapa. Respecto a la reforma previsional, se espera que a comienzo de la próxima semana el Ejecutivo ingrese indicaciones para su discusión en particular en la Comisión de Trabajo de la Cámara de Diputadas y Diputados. Esto se dará con un un cambio que ha sido punto de...

September 29, 2023

NoticiasChile, Reforma de Pensiones

29SepSeptember 29, 2023

US. More Evidence Suggests State-Sponsored Retirement Plans Close the Coverage Gap

Analysis of the first state-sponsored retirement plan for uncovered workers—OregonSaves—supports earlier findings that auto-IRAs do, in fact, close the coverage gap. More specifically, a new paper examined Oregon’s program, started in 2017, which requires employers who did not offer any workplace retirement savings plans to automatically enroll employees into a Roth IRA through payroll deduction. The study assessed the impact of mandated automatic enrollment rather than voluntary automatic enrollment, enabling the examination of changes in employer behaviors for those obliged to...

September 29, 2023

NewsEnrollment, savings, US

29SepSeptember 29, 2023

TPR issues first climate-related reporting penalty to ExxonMobil’s U.K. plan

The U.K.'s Pensions Regulator issued its first fine against a pension fund for failing to publish a report on how its trustees manage and govern climate-related risks and opportunities, delivering a £5,000 ($6,118) penalty to the ExxonMobil Pension Plan, Leatherhead, England. U.K. pension funds with more than £5 billion in assets have been required to publish a climate change report by a set deadline since October 2021. The report must be made publicly available on a website so participants can...

September 29, 2023

NewsClimate crisis, Regulation, UK

29SepSeptember 29, 2023

Lessons From Japan And Italy On Managing The Aging Population

Japan and Italy are geographically distant and have evolved separately over the centuries, but they share several similar traits, including a rich culinary tradition, strong cultural values, breathtaking historical sites — and, more recently, an ageing population. More than one in 10 people in Japan are aged 80 or older. Beyond that, about 29 per cent of its 125 million people are 65 or older, the highest in the world ahead of Italy (24.5 per cent) and Finland (23.6 per...

September 29, 2023

NewsAging, Italy, Japan

29SepSeptember 29, 2023

US. Workers’ expectations about choosing when to retire unrealistic – study

Pre-retirees may have unrealistic expectations about how long they will stay in the workforce, according to a new research report released Sept. 28 by nonprofit Transamerica Center for Retirement Research in collaboration with Transamerica Institute. Two-thirds of workers age 50 or older (66%) expect to retire after age 65 or do not plan to retire at all, an expectation inconsistent with reality as the majority of retirees (58%) retired before 65, the study found. More than half of retirees, 56%, retired...

September 29, 2023

NewsRetirement Planning, savings

28SepSeptember 28, 2023

México. IMSS, con soporte financiero para pago de pensiones a 15 años: Robledo

Ciudad de México. Zoé Robledo, titular del IMSS, señaló que hay soporte financiero para el pago de pensiones durante 15 años y confió que al terminar el sexenio del presidente Andrés Manuel López Obrador, haya para más. Tras una reunión con diputados de la Cuarta Transformación, sostuvo que en este gobierno han duplicado el presupuesto para cubrir los pagos, porque las reservas del IMSS “se han incrementado de manera muy importante”. -¿Hay soporte financiero para las pensiones? -Sí, por cerca de 15...

September 28, 2023

NoticiasBeneficio Definido, Financiamiento, Mexico, Pago de Pensiones

28SepSeptember 28, 2023

Chile. Mal septiembre para los fondos de pensiones: el A es el único que logra una leve alza

registran un desempeño negativo en septiembre. Según el boletín de Ciedess, en lo que va del mes (con valores cuota al día 25) los fondos más riesgosos, A y B, registran una leve alza de 0,17% y una caída de 0,27% respectivamente, mientras que el fondo C, de riesgo moderado, anota una baja de 0,80%. Por su parte, los fondos más conservadores tienen pérdidas de 1,81% el D y de 2,11% el E. Ciedess dijo que el resultado de los multifondos...

September 28, 2023

NoticiasAdministración de Pensiones, Chile, Inversión

28SepSeptember 28, 2023

Este fondo colombiano está trabajando contra el cambio climático

Para el Fondo de Pensiones y Cesantías Porvenir la gestión del cambio climático y la protección de los ecosistemas también es una prioridad. Este año continúa con sus acciones de restauración y conservación de ecosistemas que contribuyen a mitigar el cambio climático. En un reciente estudio “Informe sobre clima y desarrollo del País” presentado por el Banco Mundial sobre la situación actual de Colombia con relación al medio ambiente, se dio a conocer cómo el país debe abordar estos retos...

September 28, 2023

NoticiasAdministración de Pensiones, Colombia, Crisis Climática

28SepSeptember 28, 2023

Striking US auto workers want their pensions back, apart from higher wages

On picket lines around the country, auto workers aren’t just demanding higher wages. They want to get back their once-sacred retirement pensions. While United Auto Workers (UAW) members who were hired prior to the 2008 financial crisis have pensions, those brought on since have received 401(k) plans instead. The union is demanding the auto companies provide pensions for new employees and those who currently lack them. “We need to do something, because right now, if you came in after '07, you...

September 28, 2023

NewsAdequacy, Risk, US

28SepSeptember 28, 2023

Pension Savings Are an Emerging UK Political Battleground

Nothing says an election is looming more than a raft of proposed policies that have been collecting dust on think tank shelves for years . UK Chancellor of the Exchequer Jeremy Hunt has been dropping heavy hints of reforms and enhancements targeted at Conservatives’ core voters — namely people who follow changes in pensions and savings. The underlying theme is Buy UK equities. Hunt will seek to address getting UK savers to stop hoarding cash and making it easier for...

September 28, 2023

NewsInvestment, Pension design, Pension Reform, UK

September 2023