May 2023
05May

International Comparison of Pension Systems: An Investigation from Consumers’ Viewpoint

By Hongmu Lee, Gianni Nicolini & Man Cho  A secure and adequate pension system is central to establishing a welfare state. Given that, this book aims to document a set of diverse Public policy issues on the financial consumers standpoint that are observed in different countries. In this introductory chapter, we attempt to summarize those policy issues that emerged from the survey of the countries included with respect to each of the three dimensions- adequacy, coverage, and sustainability.   Book "here"

May 5, 2023
Books, Books, System Characterization, , ,
Read more...

April 2023
26Apr

Social protection and response to covid-19 in Latin America and the Caribbean: Innovations in registration and payment systems

By Nurth Palomo, Luis Vargas Faulbaum, Anna Carolina Machado, Camila Rolon and Fábio Veras Soares, Monica Rubio, Florencia Alejandre & Gerardo Escaroz The outbreak of the COVID-19 pandemic has hit the foundations of the economy and provoked devastating social effects in all the countries in the world, being Latin America and the Caribbean (LAC) one of the most affected regions. As of mid-March 2021, there were 37 million reported cases in the region and a staggering 1,275,567 deaths, equivalent to...

April 26, 2023
Books, Books, Payout, , ,
Read more...
14Apr

PensionBee. Annual Report and Financial Statements 2022

By PensionBee PensionBee is a leading online pension provider in the UK, with a mission to make pensions simple, so that everyone can look forward to a happy retirement. We are a direct-to-consumer financial technology company with approximately 183,000 Invested Customers and £3.0bn of Assets under Administration (‘AUA’) as at 31 December 2022 (2021: 117,000 Invested Customers and  £2.6bn of AUA). We deliver a leading customer proposition to pension holders in the UK defined contribution pensions market, catering for the mass...

April 14, 2023
Books, Books, Pension Management, Reports, , , ,
Read more...
05Apr

Priorities for social security Trends, challenges and solutions

By Raúl Ruggia-Frick The International Social Security Association (ISSA) draws its value, strength and dynamism from its global membership, which consists of national institutions that administer the main social security programmes in their countries. This gives the Association a unique and privileged vantage point from which to identify and analyse priority administration and policy challenges in social security, and the many innovative responses and creative solutions to these. The ISSA was looking to the future when it set the priorities of...

April 5, 2023
Books, Books, System Sustainability, , ,
Read more...
05Apr

How America Saves 2022

By Vanguard Over the past decade, retirement plan sponsors have increasingly turned to automatic solutions to influence employee retirement saving behavior. As a result, plan participation rates have increased, automatic enrollment designs have become stronger, and participant portfolio construction has continued to improve with more age-appropriate asset mixes and less extreme equity allocations. During 2021, the COVID-19 pandemic continued to impact many parts of the economy. While it pushed to recover, the economy faced prominent headwinds that stoked several forms of...

April 5, 2023
Books, Books, Savings, , , ,
Read more...

March 2023
31Mar

The cost of living

We first took evidence on the cost of living crisis in February 2022, when inflation was forecast to peak at 7.25% in April 2022. Since then, we have seen the invasion of Ukraine compound the difficult economic picture and inflationary pressure seen internationally and domestically after the COVID-19 pandemic, and inflation now looks set to top 11% in October—the highest in 40 years. However, the context for the cost of living crisis and its impact on the poorest in...

March 31, 2023
Adequacy, Books, Books, , , , ,
Read more...
31Mar

Sustainable Investment: Best Practice Disclosure Checklist for Pension Funds

By World Bank Group There are compelling reasons for asset owners – in particular large pension funds and sovereign wealth funds – to adopt sustainable investment, and for governments to support them in these endeavours. First, asset owners have a key role to play in providing the capital that supports national economic and development goals. Second, sustainability issues – for example, climate change, labour rights, public health – are important drivers of investment value. Third, asset owners play a key...

March 31, 2023
Books, Books, Pension Management, , , ,
Read more...
24Mar

Five steps to better pensions: Time for a new consensus

By Pensions and Lifetime Savings Association Millions more people are saving into a workplace pension due to the successes of automatic enrolment. However, ten years after Automatic Enrolment was first introduced the PLSA has undertaken a review to find opportunities to improve the retirement savings system. Our new research finds that without reform more than 50% of savers will fail to meet the retirement income targets set by the 2005 Pensions Commission. We are recommending five steps for reform: National objectives: The...

March 24, 2023
Books, Books, Regulation, , ,
Read more...
24Mar

Retirement preparedness during uncertain times

By Fidelity 2023 RSA Executive Summary Fidelity’s Retirement Savings Assessment is built upon comprehensive data from more than 3,500 survey responses that are run through the extensive retirement planning platform Fidelity uses every day with customers. The result: a numerical indicator showing whether savers are on track to meet estimated retirement income needs. The score places households into four categories on the preparedness spectrum, based on a household’s ability to cover estimated retirement expenses in a down market. Read book here

March 24, 2023
Books, Books, Savings, , , ,
Read more...
17Mar

Pension Tax Limits

By Gov.UK Individual members of registered pension schemes who make annual pension contributions over the standard annual allowance (AA), money purchase annual allowance (MPAA), or tapered annual allowance (tapered AA), and who therefore expect to become subject to an AA charge. Individual members of registered pension schemes who already have or expect to have pension savings exceeding either the standard lifetime allowance (LTA) or their protected LTA, and who therefore expect to become subject to an LTA charge. Scheme administrators of registered pension schemes who will need to...

March 17, 2023
Books, Books, Regulation, , , ,
Read more...