editor, Author at Pension Policy International

27JulJuly 27, 2023

Cuentas de trabajadores independientes creció 20% anual en enero-junio

Al cierre del primer semestre, el monto de cuentas en las administradoras de fondos para el retiro (afores) que pertenecen a los trabajadores independientes sumó 347,576, lo que representó un incremento anual de 19.6%, de acuerdo con información de la Comisión Nacional del Sistema del Ahorro para el Retiro (Consar). Un trabajador independiente es aquel que labora por su cuenta y no cotiza al Instituto Mexicano del Seguro Social (IMSS) o al Instituto de Seguridad y Servicios Sociales de los...

July 27, 2023

NoticiasMexico

27JulJuly 27, 2023

Nigeria. Pension contributors cross 10m mark 19 years after sector reform

The nation’s pension industry has achieved a milestone of over 10 million registered contributors as at June 2023, 19 years after the reform of the sector. Pension fund assets also hit a record N16.76 trillion in the same month, growing by 4.1 percent from N16.10 trillion in May 2023. Michael Oyebola, an analyst at Money Counselors, while reviewing the performance of the pension industry at the end of June, described it as a significant achievement. “In a significant achievement for the Nigerian...

July 27, 2023

Newscontributors, Pension

27JulJuly 27, 2023

Pension funds, other institutional investors and wealth managers plan to boost crypto investments

Nearly three out of four (74%) institutional investors and wealth managers questioned say their organisation will increase its level of investment in the sector in the year ahead. Nearly one in five (18%) will dramatically increase investment levels. The study with institutional investors and wealth managers in the US, UK, Germany, Switzerland, Singapore, Brazil and the United Arab Emirates who collectively manage around $3.5 trillion in assets, found growing confidence in the sector in the short and longer term. Nearly nine...

July 27, 2023

NewsCryptocurrencies

27JulJuly 27, 2023

Millions of pensions at risk because investment consultants overlook threat of climate tipping points

Pension funds are risking the retirement savings of millions of people by relying on economic research that ignores critical scientific evidence about the financial risks embedded within a warming climate, warns a report released today by Professor Steve Keen and the financial think tank Carbon Tracker. Financial institutions, central banks, regulators and governments underestimate the dangers and economic damages of climate change, relying on research from a small, self-referential group of climate economists that ignores the impact of climate “tipping...

July 27, 2023

News#Millionsofpensions

27JulJuly 27, 2023

Canadian Pension Plans Look to Annuities, Fixed Income to Preserve Pension Surpluses

Many Canadian pension plans are in the enviable position of having a funded surplus, as of the year’s second quarter, thanks to positive market returns and higher interest rates that increased assets and lowered liabilities. The Mercer Pension Health Pulse, a measure that tracks the median solvency ratio of Canadian corporate defined benefit pension plans in the firm’s pension database, increased to 119% at the end of the second quarter. Mercer estimates 85% of these plans were in a surplus...

July 27, 2023

NewsCanada

26JulJuly 26, 2023

México. Cómo funciona la portabilidad de pensiones del IMSS e ISSSTE 2023

Las instituciones de seguridad social Instituto Mexicano del Seguro Social (IMSS) y el Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado (ISSSTE) dieron a conocer que los trabajadores que se desempeñaron tanto en el sector público como en privado, ya tendrán la oportunidad de llevar a cabo la portabilidad de sus pensiones para unificar los periodos laborales y sumar sus años de cotización, de acuerdo con la información proporcionada por la Comisión Nacional del Sistema de...

July 26, 2023

NoticiasMexico

26JulJuly 26, 2023

Ecuador. Reforma al IESS en debate suma reparos por capitalización individual y baja de pensiones de jubilación

La reforma de la Comisión Interinstitucional, propuesta para que el Instituto Ecuatoriano de Seguridad Social (IESS) tenga dinero para pagar las pensiones de los jubilados en el futuro cercano, sigue marcando el debate en Ecuador y así suma reparos aunque quienes las hacen también ven que el debate en sí crea la oportunidad de hacer estudios y corridas financieras técnicos y no políticos, con predisposición de aceptar la realidad demográfica actual, “para impedir acciones estatales drásticas o acciones parciales...

July 26, 2023

NoticiasEcuador

26JulJuly 26, 2023

Reforma de pensiones en Chile está en suspenso

El Gobierno de Chile desistió este lunes de acelerar la discusión parlamentaria de su proyecto para reformar el sistema de pensiones, una de las mayores promesas del presidente Gabriel Boric, después de que la conservadora Unión Demócrata Independiente (UDI) condicionara las negociaciones para conseguir un acuerdo a la dimisión de uno de los ministros. En un comunicado, el Ministerio del Trabajo y Previsión Social informó que el Ejecutivo “decidió no renovar, transitoriamente, la suma urgencia en la discusión del...

July 26, 2023

NoticiasChile

26JulJuly 26, 2023

UK pension funds must broaden investments, new regulator warns

UK pension fund trustees must consider increasing the range of their investments, including in start-ups or other illiquid assets, or face “robust” intervention, the British regulator has warned. Nausicaa Delfas, newly appointed chief executive of The Pensions Regulator, added that it was important for trustees of defined contribution plans to have the expertise to assess more complex assets — and advised that, if they did not, they should look to consolidate or even wind up their schemes. “Trustees have a duty...

July 26, 2023

NewsUK

26JulJuly 26, 2023

Australia’s $2.5 trln pension stash is one to envy

Ask Hong Kong-based financial bigwigs where they have been jetting off to since the Asian hub lifted its coronavirus restrictions and a surprising number say Melbourne. Sure, mining giant BHP (BHP.AX) has its headquarters in Australia’s second-most populous city, it’s a self-anointed coffee capital and boasts top-notch restaurants. It is also home to some of the country’s largest pension funds. They have plenty of capital to deploy, are too big for their home market and they’re getting larger fast. Superannuation,...

July 26, 2023

NewsAustralia

July 2023