By United Nations 1. Population ageing is a global phenomenon: Virtually every country in the world is experiencing growth in the size and proportion of older persons in their population. There were 703 million persons aged 65 years or over in the world in 2019. The number of older persons is projected to double to 1.5 billion in 2050. Globally, the share of the population aged 65 years or over increased from 6 per cent in 1990 to 9 per...
By Toronto Centre Financial inclusion of women brings disproportionate benefits to their families and to economic development, yet in many countries an access-to-finance gender gap remains. Sex-disaggregated data (SDD) is key to monitoring and addressing this problem. This study examines the role that financial services regulators can play in efforts to address financial inclusion of women: how they are using, or could use, SDD to enhance women’s access to and use of financial products and services of the right quality that...
By Clark S. Binkley, Fiona Stewart and Samantha Power A forestry investment can include land suitable for growing trees, the trees themselves, or both. The trees can be part of a natural forest or one that has been established artificially by seeding or planting. Natural forest management typically has lower operating costs than plantation forests, but also a lower growth rate. Plantation forests are typically, but not always monocultures. Forestry has long provided opportunities for institutional investors – but the scope...
By Warren C. Sanderson, Sergei Scherbov From two leading experts, a revolutionary new way to think about and measure aging. Aging is a complex phenomenon. We usually think of chronological age as a benchmark, but it is actually a backward way of defining lifespan. It tells us how long we’ve lived so far, but what about the rest of our lives? In this pathbreaking book, Warren C. Sanderson and Sergei Scherbov provide a new way to measure individual and population aging. Instead...
By Society of Actuaries This report provides a sampling of new financial technologies (fintech) and their applications related to retirement savings systems affecting participants, plan sponsors and service providers. This Executive Summary provides a brief overview of the contents of the report. We first discuss issues directly relevant to pension participants and the decisions they need to make. We then discuss issues relevant to plan sponsors and service providers. Each section also includes references about the fintech area discussed which can be found...
By CPDRC, CPA This journal provides an international platform for discussions on topics related to various population phenomena and development issues, complemented by a strong representation of the research trend and achievement in China and other Asian countries. The journal, hosted by China Population and Development Research Center, draws on the energetic and resourceful Chinese research community as well as in close contact with the Asian research community in the area, features the Asian perspective on the field of population...
By Mercer The estimated aggregate funding level of pension plans sponsored by S&P 1500 companies increased by 1 percent in April 2021 to 96 percent as a result of an increase in equity markets, slightly offset by the decrease in discount rates. As of April 30, 2021, the estimated aggregate deficit of $102 billion USD decreased by $16 billion USD as compared to $118 billion USD measured at the end of March according to Mercer,[1] a global consulting leader and...
By Eurostat This report describes the main characteristics of the European Union Labour Force Survey (EU-LFS) conducted in 2019 in the Member States of the European Union (EU), three EFTA countries (Iceland, Norway and Switzerland), the United Kingdom and four candidate countries (Montenegro, North Macedonia, Serbia and Turkey). All of these countries provide Eurostat with EU-LFS microdata. The purpose of this report is to inform about the technical features of the surveys carried out in these countries, in order to...
By Robert Holzmann, John Piggott Policy makers and academic researchers have been preoccupied in recent decades with the design of pension schemes and effective pension system reform. Relatively little attention has been given to the taxation of pensions and, more broadly, the provision of retirement income. In this book, experts from a range of countries explore the interconnection. Their contributions are especially timely, given recent demographic and political developments including population aging that lengthens the time between contribution payment and...
By EBRI Greenwald Research The RCS is the longest-running survey of its kind, measuring worker and retiree confidence about retirement, and is conducted by the Employee Benefit Research Institute (EBRI) and Greenwald Research. The 2021 survey of 3,017 Americans was conducted online January 5 through January 25, 2021. All respondents were ages 25 or older. The survey included 1,507 workers and 1,510 retirees — which includes an oversample of roughly 500 completed surveys among Black Americans (252 workers and 253 retirees)...
