editor, Author at Pension Policy International

24JulJuly 24, 2023

Elecciones en España: los resultados empujan al país a un embrollo político

España se vio sumida en la incertidumbre política el domingo después de que las elecciones nacionales no otorgaron a ningún partido el apoyo suficiente para formar un gobierno, lo que probablemente resulte en semanas de regateo o posiblemente en una nueva votación a finales de este año. El Times Una selección semanal de historias en español que no encontrarás en ningún otro sitio, con eñes y acentos. Los resultados mostraron que la mayoría de los votos se dividieron entre la centroderecha...

July 24, 2023

NoticiasEspaña

24JulJuly 24, 2023

Canada Pension Plan Investment Board to seed more startups

The Canada Pension Plan Investment Board, Canada’s largest pension fund, will seed more startup hedge funds this year as part of a plan to diversify its investments, according to a report by the Financial Post. The CPPIB, which manages $570 billion in assets, will spread funding among more firms as part of its emerging manager programme by reducing the starting amount they invest with each fund. Each will receive amounts starting from US$50 million, down from US$100 million, a person...

July 24, 2023

NewsCanada, investments, Plan Investment

24JulJuly 24, 2023

Most South Africans don’t have enough for retirement

Deloitte’s South African Investment Management Outlook for 2023 recently revealed that the country’s savings rate sits at only 0,5% and is below that of most emerging market peers. Equally concerning was a report from Genesis Analytics in partnership with the Financial Sector Conduct Authority (FSCA) that showed that 90% of South African retirees cannot maintain the same standard of living prior to retirement. This means that many will most likely need to work even after retirement. Add to this the fact...

July 24, 2023

NewsFinancial Sector Conduct Authority, Retirement, South Africa

24JulJuly 24, 2023

UK. Insurance and pensions investment changes are positive steps

The refresh of the Solvency II rules will make certain assets more attractive to insurers. This includes infrastructure assets in their construction phase and higher risk assets common in “greenfield” projects that typically bear high technological and development risks. The research outlines the opportunities and potential implementation challenges of broadening the matching adjustment (MA) asset eligibility criteria. Firms will need to focus on key aspects of risk management to protect policyholder security, such as maintenance of the matching between asset...

July 24, 2023

NewsInvestment, Pension Reform, UK

21JulJuly 21, 2023

Colombia. Las mujeres pelearán por un lugar especial en la reforma del Gobierno a las pensiones

Entre la población joven la diferencia es aún mayor. El 22,1% de las mujeres entre 15 y 28 años están en búsqueda de empleo, en comparación con un 14,4% de los hombres. La brecha es del 7,7%. Entre menos acceso a empleo formal, menos posibilidades de aportar al sistema de seguridad social. Como resultado, la baja cobertura de pensiones en Colombia se acentúa en la población femenina: solo 2 de cada 10 mujeres en edad de jubilación acceden a...

July 21, 2023

Noticias, UncategorizedBrecha de Género, Colombia, Reforma de Pensiones

21JulJuly 21, 2023

US. Many Gen-Xers have zero retirement funds. What can we do to address America’s retirement crisis?

Gen-Xers, those born between 1965 and 1980, are falling behind when it comes to saving for retirement. The typical household holds only $40,000 in retirement savings, according to a new report from the National Institute on Retirement Security. The issue is exacerbated when you break down savings by income level and race. The bottom half of earners only have a few thousand in savings, while 40% of Gen-Xers have retirement savings accounts with zero balances. The report explained that Gen-Xers have...

July 21, 2023

NewsRetirement Planning, savings, US

21JulJuly 21, 2023

Navigating pension options for gig economy workers

Industry experts unravel the common challenges and potential for gig workers in pension planning. The first question is, how much should you save? The gig economy has been growing steadily in the UK, bringing flexible work arrangements to millions of individuals. However, with this newfound flexibility comes the responsibility of planning for a secure financial future, including retirement. Workers in the gig economy often face unique challenges when it comes to pension planning. Unlike traditional employees, they typically lack access to...

July 21, 2023

NewsInformal Sector, Pension design, UK

21JulJuly 21, 2023

Pension managers ‘convinced’ inflation is easing, but stress testing to manage assets

Managers of public sector pension funds are “largely convinced” that inflation as a major issue is fading away, but still wary of more economic turbulence, a new report from Ortec Finance has found. The study said that recent economic stress, including rising inflation and interest rates, is leading managers to do more scenario modeling and stress testing to help manage their plans. The Ortec Finance report was based on a survey of 50 U.S. public sector pension fund managers during...

July 21, 2023

NewsInflation, Pension Management

21JulJuly 21, 2023

Kenya: Local Infrastructure Projects Seek Over Sh700bn Financing From Pension Industry

The Kenya Pension Funds Investment Consortium (KEPFIC) has received infrastructure and alternative investment proposals worth over Sh700 billion ($5.5 billion) from project sponsors and fund managers looking to raise capital from the local retirement benefits schemes. The proposals come as local pension schemes expand their search for suitable investments to provide diversification and higher returns for pensioners. The announcement was made during the opening of the two-day KEPFIC Annual Investment Conference in Nairobi today, where the shortlisted investment opportunities were presented...

July 21, 2023

NewsInvestment, Kenya, Pension Management

20JulJuly 20, 2023

México. Las cuentas de ahorro para el retiro no prescriben: Amafore

El derecho de un trabajador o beneficiarios, en caso de su fallecimiento, a los recursos de una cuenta de ahorros para el retiro no prescriben, por lo que este dinero siempre estará disponible en el tiempo, afirmó Guillermo Zamarripa Escamilla, presidente de la Asociación Mexicana de Administradoras de Fondos para el Retiro (Amafore). “No hay por paso de tiempo, por ningún supuesto, que se diga que ya no se pueden retirar esos recursos en beneficio del trabajador”, aseveró. Lo anterior, ante...

July 20, 2023

NoticiasAhorro, Mexico, Regulación

July 2023