editor, Author at Pension Policy International

14JulJuly 14, 2023

Ahorro para el retiro y cultura previsional en México

En México sí se tiene el hábito de ahorrar, esta acción se aprende desde temprana edad y aunque los medios son diversos, todos consisten en cambiar parte del consumo actual para cumplir metas financieras en el futuro. Sin embargo, hace falta una sólida cultura previsional que permita alcanzar las metas de largo plazo como lo es el ahorro para el retiro. De acuerdo con la Encuesta Nacional de Inclusión Financiera (ENIF), edición 2021, seis de cada 10 personas realizaron alguna...

July 14, 2023

NewsAhorro, Cultura Financiera, Mexico

14JulJuly 14, 2023

Colombia. Fondos de pensiones fueron los mayores vendedores de acciones en la bolsa en junio

Lideraron en ventas de títulos como la preferencial de Bancolombia, cementos argos e isa. Los agentes extranjeros también destacaron por ventas Las inversiones suelen ser el día a día de muchas personas y empresas, e incluso, de los fondos de pensiones, que, como bien se sabe, van administrando los ahorros de los cotizantes en diversas inversiones que generen rentabilidad, mientras las personas esperan cumplir la edad necesaria para reclamar este dinero y los frutos de dichas inversiones. Pero, esto va más...

July 14, 2023

News, UncategorizedAdministración de Pensiones, Colombia

14JulJuly 14, 2023

US. Worst American City for Pensions Confronts a $35 Billion Crisis

One of Brandon Johnson’s first moves as Chicago mayor was to buy himself time to address the city’s biggest financial problem: the more than $35 billion owed to its pension funds. Just days after his May inauguration, Johnson persuaded state lawmakers to shelve legislation that would’ve added billions to the pension debt, while pledging to establish a working group to come up with solutions by October. Now, the clock is ticking for the progressive Democrat to fix the worst pension crisis...

July 14, 2023

NewsSustainability, US

14JulJuly 14, 2023

UK. Pension Protection Fund returns 1.9% on growth assets for year

The Pension Protection Fund, London, achieved a 1.9% investment return on its growth assets and saw its funding ratio increase to 156% for the year ended March 31, despite a challenging year in markets. The investment return was 7.6% and the funding ratio was 137.9% for the year ended March 31, 2022. Reserves — held to ensure the lifeboat fund for the defined benefit plans of insolvent U.K. companies can absorb future claims and pay compensation should participants live longer than...

July 14, 2023

NewsPension Management, UK

14JulJuly 14, 2023

World’s Biggest Pension Fund GPIF Boosts Its Treasuries Holdings

Japan’s Government Pension Investment Fund boosted its holdings of Treasuries to a three-year high as the dollar’s strength against the yen offset losses on the securities. Resilient demand from GPIF, as the world’s biggest pension fund is known, suggests that elevated yields and a weak yen may support Japanese appetite for Treasuries, even if US interest rates are coming off recent highs as the Federal Reserve’s monetary tightening campaign nears its peak. GPIF holds ¥200 trillion ($1.4 trillion) worth of assets...

July 14, 2023

NewsInvestment, Japan, Pension Management

14JulJuly 14, 2023

Jamaica. NIS a regressive use of public funds – IDB executive

Labour lead specialist at the Inter-American Development Bank (IDB) Professor David Kaplan has described the National Insurance Scheme (NIS) as a “regressive use of public funds”. Kaplan was addressing the annual luncheon of the Pension Industry Association of Jamaica (PIAJ) at Hotel Four Seasons in St Andrew yesterday. Responding to a question, following his keynote address, Kaplan pointed to deficiencies in the system. “It does seem that there is an imbalance between what people are contributing to the system and what they...

July 14, 2023

NewsJamaica, Social Security

13JulJuly 13, 2023

Tendencias económicas y financieras | México envejece

El Consejo Nacional de Población (CONAPO), estima que la población mexicana llegará a su tope en 2053 cuando se alcancen 147 millones de habitantes, desde los 130 millones actuales y después, como ya está ocurriendo en países como Japón, Italia, o Cuba, la población empezará a reducirse Para que la población de un país aumente, es necesario que las mujeres tengan en promedio 1.9 hijos durante su vida, quienes a su vez lleguen a la edad adulta y se reproduzcan...

July 13, 2023

NoticiasEnvejecimiento, Mercado Laboral, Mexico

13JulJuly 13, 2023

China’s $400 Billion Pension Sends New Warning on Debt Risks

One of China’s biggest state-run investors is adding to the chorus of warnings over debt risks at the nation’s cash-strapped developers and local government financing vehicles. The National Council for Social Security Fund, which oversees about $417 billion according to the latest available figures, has advised asset managers that handle its money to sell some bonds including those from riskier LGFVs and private developers after a review, people familiar with the matter said, asking not to be identified discussing private...

July 13, 2023

NewsChina, Private Pensions, Risk

13JulJuly 13, 2023

ESG Remains Important for Pension Funds and Asset Owners

Asset owners face the thorniest investment challenges today, dealing with inflation, geopolitical instability, and systemic risks like climate change. They oversee some of the world’s largest pools of capital, steering investment policy on behalf of pension plans, foundations, endowments, and sovereign wealth funds. Their practices shape the capital markets and the behavior of asset managers, financial advisors, and retail investors. They invest with a long time horizon and are exposed to the entire global market. That means they can’t diversify...

July 13, 2023

NewsESG, Investment, Pension Management

13JulJuly 13, 2023

“Pensioners Live in Fear”: Only 1 Out of 10 Nigerians Has Access to Pensions

Hamisu Bala Idris, the managing director of Norrenberger Pensions Limited, has exposed the extent of pension reach in Nigeria. The disclosure follows several reports of pensioners across different parts of the country regularly lamenting the non-payment of their pensions, especially by state governors. Idris, during a retirement planning seminar organised to empower individuals close to retirement and retirees for a financially-secured future after retirement in Abuja, disclosed that only 10% of Nigerians have access to pension schemes, as reported by Vanguard. The...

July 13, 2023

NewsCoverage, Nigeria

July 2023