editor, Author at Pension Policy International

27SepSeptember 27, 2023

El gasto en pensiones alcanza la cifra récord de 12.051 millones en septiembre, un 10,9% más

La Seguridad Social destinó en el presente mes de septiembre la cifra récord de 12.051,4 millones de euros al pago de la nómina ordinaria mensual de pensiones contributivas, un 10,9% más que en igual mes de 2022, según ha informado este martes el Ministerio de Inclusión, Seguridad Social y Migraciones. La nómina mensual ordinaria de las pensiones superó por primera vez en julio los 12.000 millones de euros y este mes vuelve a marcar un nuevo récord. El Departamento que dirige...

September 27, 2023

NoticiasEspaña, Pensiones Públicas

27SepSeptember 27, 2023

Comparing ESG regulation globally remains elusive – report

Comparing global regulatory demands on ESG funds will continue to be elusive, according to a regulatory update from ISS ESG published Sept. 21. Experts at the Institutional Shareholder Services' sustainable investment arm reviewed current and proposed regulations in the European Union, U.K., U.S., Canada, Australia, Hong Kong, Singapore and Japan, and surmised "that navigating the emerging regimes will remain a challenge for the foreseeable future," the 2023 Global Regulatory Update said. It noted that two major sustainability reporting standards were finalized in 2023:...

September 27, 2023

NewsAustralia, ESG, EU, Japan, Regulation, UK, US

27SepSeptember 27, 2023

UK pensions pull back from private equity

The steady increase in UK interest rates since the start of last year has resulted in improved funding ratios for the plans that comprise this $1.67tn pool of capital, allowing them to move money out of buyout and venture capital funds and into less risky assets, according to several pension system managers and consultants. Traditional pensions have been a mainstay source of capital to sponsored funds for decades, but changed market conditions since last year have caused that flow to...

September 27, 2023

NewsInvestment, UK

27SepSeptember 27, 2023

Ghana. Financial sector assets see 95% growth

The nation’s financial sector assets’ value in nominal terms has almost doubled – recording a growth of 94.96 percent between the end of 2017 and 2022; a period marked by sector clean-ups, the COVID-19 pandemic, Domestic Debt Exchange Programme (DDEP) as well as recapitalisation of institutions in the sector. This was contained in the Ghana Financial Stability Review dubbed ‘Managing financial stability risks in the midst of a difficult macroeconomic environment and Domestic Debt Exchange Programme’, released by the sector’s...

September 27, 2023

NewsGhana, Investment, savings

26SepSeptember 26, 2023

México. ¿Puedo retirarme a los 40?, el ahorro es clave para una pension temprana

Una de las principales preocupaciones que enfrentan las personas en edad productiva en el país es la posibilidad de contar con recursos económicos suficientes que les permitan, una vez alcanzada la edad conveniente para ello, lograr el retiro de la actividad laboral. Aquí analizaremos con base en el marco legal mexicano, así como en las disposiciones vigentes en materia de seguridad social y de los sistemas de ahorro para el retiro, las posibilidades actuales de obtener una pensión de retiro...

September 26, 2023

NoticiasEdad de retiro, Mexico, Reforma de Pensiones

26SepSeptember 26, 2023

Chile. Gobierno postergaría ingreso de indicaciones de la reforma previsional para octubre

No hay decisiones inamovibles y todo puede cambiar día a día. Eso es lo que más repiten desde el gobierno a la hora de hablar sobre la reforma previsional y los pasos que piensan seguir para lograr un acuerdo que consiga sacar adelante el proyecto del Congreso. Por eso mismo, si bien la ministra del Trabajo, Jeannette Jara, aseguró a inicios de septiembre que ingresarían las indicaciones del proyecto a fines de este mes en la Comisión de Trabajo de...

September 26, 2023

NoticiasChile, Reforma de Pensiones

26SepSeptember 26, 2023

US Corporate Pensions at Healthiest Level in a Decade, Aon Data Shows

Pension plans for the largest U.S. companies are at their healthiest in over a decade, according to financial services firm Aon (NYSE:AON). The average pension "funded ratio" for public companies in the S&P 500 stock index was 102% as of last Thursday, marking the highest level since at least the end of 2011 when the ratio stood at around 78%. The funded ratio is a measure of a pension's financial health, comparing a company's pension assets against its liabilities. Essentially,...

September 26, 2023

NewsFunding, Occupational Pensions, Pension Management, US

26SepSeptember 26, 2023

UK pension schemes reveal 4,000% rise in cyber security breaches

Pension scheme trustees have been urged to remain mindful of cybersecurity risks, after research from RPC revealed a 4,000 per cent increase in data breach reports to the Information Commissioners Office (ICO) in the year to June 2023. The research found that UK financial services firms reported 640 cybersecurity breaches to the ICO in the year to June 30 2023, marking a threefold increase on the 187 cybersecurity breaches in the previous period. UK pension schemes reported the biggest...

September 26, 2023

NewsOperations, UK

26SepSeptember 26, 2023

Dutch pension funds move hundreds of billions in assets to mandates

Dutch pension funds have transferred €372bn in assets from investment funds to mandates over the past three and a half years. Mandates make it easier for funds to implement their responsible investment policies. Pension funds’ net investments in investment funds used to be fairly stable, but from the end of 2019 outflows gradually started to accelerate, according to figures from regulator DNB. A DNB spokesman said that conversations with pension funds have indicated that these holdings have generally been converted to...

September 26, 2023

NewsInvestment, Netherlands

26SepSeptember 26, 2023

UK. How can the pensions market help diversify DC savings?

There is a wide gap between the defined benefit and defined contribution generations in terms of the standard of living they are heading into for in retirement. Narrowing this gap was identified as a key driver for government by pensions minister Laura Trott in her keynote address to Onward, which she delivered the day after chancellor Jeremy Hunt's Mansion House speech. But while many who represent pension providers are clamouring for this gap to be filled by additional contributions, the government says we can...

September 26, 2023

NewsInvestment, Pension Management, UK

September 2023