editor, Author at Pension Policy International

16JunJune 16, 2023

Shareholder ire takes shine off stock rally for Toyota chairman

The biggest rally in three years for Toyota has shown how a well-timed campaign to promote the carmaker’s EV strategy can pay off, but a dip in support for Chairman Akio Toyoda at a shareholders meeting serves as a reminder of the perils of drawing investor ire. A 13% rise in Toyota’s stock added ¥4.4 trillion ($31.4 billion) in market value this week, after the company shared details of how it plans to catch up in the global shift to...

June 16, 2023

NewsCorporate Governance, Investment, Japan

15JunJune 15, 2023

Sexto retiro AFP en Chile: proyecto es rechazado y se volverá a discutir en 2024

El último miércoles 7 de junio de 2023 en Chile, la Cámara de Diputados rechazó el proyecto de ley acerca del sexto retiro de los fondos de las AFP. La propuesta indicaba retiros máximos de un millón de pesos y autofinanciamiento con cargo a las cuentas de capitalización individual. ¿Cuáles fueron los argumentos para declinar el desembolso y cuándo se volverá a debatir sobre ello? ¿Cuáles fueron los resultados sobre el debate del sexto retiro de las AFP en Chile? El...

June 15, 2023

NoticiasChile, Retiro de Fondos

15JunJune 15, 2023

Colombia. La reforma de las pensiones del Gobierno de Petro fue aprobado en el Congreso

La reforma de las pensiones impulsada por el Gobierno del presidente colombiano, Gustavo Petro, echó a andar este miércoles en el Congreso, al ser aprobada en el primer debate en la Comisión Séptima del Senado. Con ocho votos a favor y tres en contra, los congresistas aprobaron 94 artículos de la iniciativa gubernamental en un debate que se prolongó por más de siete horas, y con eso pasará a ser debatido por el Senado en sesión plenaria. “Hoy le entregamos al...

June 15, 2023

NoticiasColombia, Reforma de Pensiones

15JunJune 15, 2023

México. Pensión del Bienestar le dice adiós al pago en efectivo

En los últimos tiempos se han realizado cambios en la Pensión del Bienestar con el objetivo de mejorarla y proporcionar un mayor beneficio a los beneficiarios Estos cambios se han implementado con la intención de brindar un mayor apoyo económico y asegurar que aquellos que la reciben puedan aprovecharla de manera más efectiva. De esta manera, se estima que desde junio pasado se han llevado a cabo varios movimientos para cambiar definitivamente el método de pago en efectivo que se tenía...

June 15, 2023

NoticiasMexico, Pago de Pensiones, Pensiones Estatales

15JunJune 15, 2023

US. “Forgotten” 401(k) Accounts Grow to $1.65 Trillion of Assets, According to New Analysis by Capitalize

Capitalize, the award-winning platform to transfer retirement accounts, today released an update to its widely-cited 2021 white paper, The True Cost of Forgotten 401(k) Accounts. The analysis highlights continued growth in the number of “forgotten” accounts which represent 401(k) savings that have been left behind by people who have changed jobs or terminated employment. According to the company’s research, as of May 2023, there are an estimated 29.2 million forgotten or left-behind 401(k) accounts in the U.S. representing $1.65...

June 15, 2023

NewsEngagement, US

15JunJune 15, 2023

U.K. effort looks to bring parity to retirement savings

U.K. retirement funds, consultants and money managers are gearing up to jointly tackle retirement inequality. Starting with the gender pension gap — in which males hold vastly more savings than women — a newly formed coalition is looking to develop new planning tools and guidance for plan participants. The Pensions Equity Group, a collaboration of retirement industry professionals, is working to help achieve better equality of retirement savings by developing ways to consistently measure retirement inequalities and potentially press for needed...

June 15, 2023

NewsGender Gap, UK

15JunJune 15, 2023

The GPSSA announces the launch of its new pension platform “MA’ASHI” to UAE-based entities

As part of its digital transformation implementation plan, the General Pension and Social Security Authority (GPSSA) will soon launch a new pension platform known as “MA’ASHI” for thousands of UAE-based federal, government and private sector entities to access. Ahead of the platforms launch, the UAE Pension Authority has dedicated both English and Arabic virtual training workshops, from the 20th to 22nd June 2023, for employers/entities across the UAE in order to learn more about GPSSA’s new platform “MA’ASHI” – which...

June 15, 2023

NewsOperations, Technology, UAE

15JunJune 15, 2023

Jamaica. Opposition concerned about pensions fraud probe launched at labour ministry

Opposition Spokesperson on Labour and Social Security, Dr Angela Brown Burke, has expressed deep concern over recent allegations regarding a pension fraud probe at the Ministry of Labour and Social Security in which hundreds of millions of taxpayers' money have gone missing. Reports are that internal audits at the ministry revealed that money paid out under the National Insurance Scheme (NIS) is more than twice the amount which should have been paid based on the pension order books issued by...

June 15, 2023

NewsFraud, Jamaica, savings

15JunJune 15, 2023

The taboo of aging, an obstacle to thriving businesses in Latin America

In Latin America, despite being the “fastest aging region in the world,” according to an IDB report, the needs of those who are part of the silver economy “are not being met” due to the taboo that aging represents for their societies, experts gathered in Bogota discussed Wednesday. “We have, as a society, to start matching who those real consumers are and who we think they are because that dichotomy makes it impossible for businesses to thrive,” lamented the founder...

June 15, 2023

NewsAging, Latin America

14JunJune 14, 2023

Colombia. Los fondos de pensiones de los trabajadores alcanzó un nuevo máximo histórico

La Asociación Colombiana de Administradoras de Fondos de Pensiones y de Cesantía (Asofondos) informó que en el más reciente balance muestra que los fondos de pensiones tuvieron un excelentes resultado en abril, cuando las ganancias sobre el ahorro total fueron de $ 5,8 billones, mientras que en lo corrido del año llegaron a $ 24 billones. “Ese solo mes no solo fue positivo, fue extraordinario, deja la vara muy alta, pero nuevamente nuestro mensaje es: en ahorros de largo plazo...

June 14, 2023

NoticiasAdministración de Pensiones, Colombia