September 2023

The World’s Population May Peak in Your Lifetime. What Happens Next?

Dr. Spears is an economist at the University of Texas, Austin, and a research affiliate at its Population Research Center. Most people now live in countries where two or fewer children are born for every two adults. If all people in the United States today lived through their reproductive years and had babies at an average pace, then it would add up to about 1.66 births per woman. In Europe, that number is 1.5; in East Asia, 1.2; in Latin...

Nigeria: ‘Benue Owes Pensioners 120 Months Arrears’

Pensioners on the payroll of the Benue state government and those of the local governments have received four and three months payments respectively since the beginning of Governor Hyacinth Alia's administration. The payments covered the months of May to August 2023 for state pensioners while local government pensioners received payments from June to August 2023. The State Chairman of Nigeria Union of Pensioners, NUP, Michael Vember, who made this known in a chat, noted that the government's mode of payment had...

UK: Pensions Regulator Updates DC Schemes Guidance On Illiquid Assets Disclosure

The guidance has been updated to help DC pension schemes comply with new regulations designed to ensure they consider all the investment opportunities available to achieve best value for savers. On the first occasion when the SIP is updated after October 1, 2023, trustees will have to state their policy on investing in illiquid assets in the default SIP. They will also be required to disclose the asset class breakdown for each of their scheme's default arrangements in the Chair's...

Ocupa el puesto 37 de 44 del Índice Global de la Jubilación, elaborado por Natixis

Puede que España sea un destino dorado para el retiro de jubilados europeos procedentes del Reino Unido o Alemania. O de otros países con fuerte poder adquisitivo. No en vano, España aparece entre los diez mejores países para vivir la jubilación como expatriado, según el ranking de la publicación estadounidense International Living. Pero si eliminamos criterios como el clima, la gastronomía, el estilo de vida, el ocio y las puestas de sol; y nos quedamos con criterios de evaluación más financieros y que afectan a quien se...

Cambios al régimen de inversiones de los fondos de pensiones se toman la primera jornada del Chile Day Londres 2023

Con una alta concurrencia de personeros del mercado financiero chileno, pero sin claridad sobre grandes anuncios, se dio el puntapié inicial este miércoles a la primera jornada de Chile Day Londres 2023 . Más de 500 inscritos, entre ellos altos ejecutivos de la industria financiera local, viajaron hasta la capital del Reino Unido para debatir acerca de temas que están marcando la agenda en términos de inversiones. El anuncio del primer día -que era muy esperado por las AFP- vino de...

U.S. falls to 20th in Natixis retirement security index; Norway retains top spot

The U.S. now ranks 20th globally for retirement security, according to Natixis Investment Managers' 2023 Global Retirement index, dropping two spots from last year, due to such factors as high inflation, steep public debt and a sharp decline in U.S. health scores. These factors offset improvements in employment and income inequality, lowering the U.S. on a relative basis in the 44-country index, said a Sept. 13 news release. Natixis IM created the index in collaboration with Core Data Research and focuses...

Survey Reveals That South Africans Fear Retirement More Than Death

The survey, conducted among over 1900 South African consumers aged between 25 and 65 years, paints a picture of apprehension and challenges surrounding retirement amongst the country’s citizens. It also sheds light on the significant fears and challenges people face right now in securing savings for their retirement – with prevalent concerns being the high cost of living, unemployment, and personal debt. This concurs with findings from the 2023 Old Mutual Savings and Investment Survey (OMSIM) that show that retirement does...

Mobile Apps Emerge as a Critical Tool for Retirement Plan Providers

Amid ongoing market volatility, it’s little wonder that plan participants are keeping a close eye on their retirement account balances, and they increasingly are doing so via mobile apps. As a result, mobile apps have taken center stage as critical tool for retirement investors, according to J.D. Power’s 2023 U.S. Retirement Plan Digital Experience Study released Sept. 14. And while improved market performance has helped lift overall satisfaction with retirement plan digital tools, for firms that want to differentiate and increase customer...

Calificación crediticia de México, en riesgo por déficit planteado para el 2024

El déficit planteado en el Paquete Económico para el próximo año tendrá su efecto negativo en las finanzas públicas y, a su vez, podría suponer un riesgo para la calificación crediticia del país, aseveró el Instituto Mexicano de Ejecutivos de Finanzas (IMEF). Para el próximo año, el gobierno de Andrés Manuel López Obrador propone un déficit presupuestario de 4.9% del Producto Interno Bruto (PIB), el mayor registro en más de tres décadas, lo cual ha generado controversia. “Dicho déficit representará un...

Chile. Ministra Jara afirma que mantiene un optimismo moderado sobre alcanzar un acuerdo por la reforma previsional

La ministra del Trabajo, Jeannette Jara, reiteró su llamado a la oposición para que flexibilice su postura y se pueda avanzar en la tramitación del proyecto de reforma de pensiones, para lo cual el gobierno ingresará indicaciones a fin de mes, en las cuales concretará su propuesta de que un 4% de la cotización adicional vaya a seguro social y un 2% a capitalización individual. Jara reconoció que las tensiones políticas generadas en torno a la conmemoración de los 50 años del...