August 2019

09Aug

Club Vita Unveils New Model for Predicting Life Expectancy Based on ZIP+4 Codes, Modernizing Longevity Risk Management Techniques for U.S. Pension Plans

Club Vita, a provider of longevity risk data, announced today the publication of a new white paper, “Zooming in on ZIP Codes,” which addresses how integrating ZIP codes and identifying other socioeconomic factors can help pension plan sponsors better capture diversity and sharpen life expectancy estimates for their participants. Having accurate estimates is essential for sponsors as they assess how much money to save to make their future payments. Club Vita teamed up with Mercer, a global consulting leader...

August 9, 2019
News, Slider,
Read more...
09Aug

Brazilian Hedge Funds Are Betting Big on Stocks

Brazil’s top hedge fund managers are increasing bets that the stock market will be the best place to profit from the government’s expanding reform agenda. Firms including Verde Asset Management, which has almost 40 billion reais ($10.1 billion) under management, and Bahia Asset Management increased their holdings of local equities after the pension system overhaul cleared its biggest hurdle in the lower house last month. BlueLine Asset Management, which recently launched its first fund, is favoring Brazilian shares over...

August 9, 2019
News, Slider,
Read more...
09Aug

Engaging stakeholders for the long term

Stakeholder engagement is important for listed corporations. In the 2018 revisions to the Code of Corporate Governance, a new pillar and principle was added for “Managing Stakeholder Relationships”. A stakeholder is here defined as a party that has an interest in the corporation and can either affect or be affected by it. Many people associate stakeholders with the employees, customers, suppliers and, of course, shareholders of the company. However, companies should take note that their material stakeholders should extend...

August 9, 2019
News, Slider
Read more...
09Aug

US. Privacy: The Next Retirement Plan Frontier

The loss of Americans’ privacy through the growing use of their data continues to be a major topic in the media. This focus is now turning to the retirement industry. Plan and participant data plays a key role in our retirement system – from the basic operation of retirement plans, to designing wellness solutions, implementing distributions and beyond. Almost all aspects of plan operation and participant interaction rely on data. Notably, plaintiffs’ lawyers have begun to focus on...

August 9, 2019
News, Slider
Read more...
08Aug

US. Public pensions returns lowest in three years

More trouble could be on the horizon for American’s big pension plans. Publicly-funded plans with more than $1 billion in assets generated a median return of 6.79 percent in the 12 months that ended on June 30, according to data from Wilshire Consulting provided exclusively to The Wall Street Journal. Public pension plans expect to generate a median return of 7.25 percent, which means the past year fell short of expectations – for the first time since 2016, as...

August 8, 2019
News, Slider,
Read more...
08Aug

Towards A Single European Market On Private Pensions – The Pan-European Personal Pension Product

Saving for retirement will soon be facilitated by a personal pension product with truly pan-European characteristics. On 25 July 2019, the Regulation on a pan-European Personal Pension Product (PEPP Regulation) was published in the Official Journal of the European Union and will enter into force on 14 August 2019. The PEPP Regulation constitutes an opportunity for Luxembourg players to position themselves on the European private pensions market with this new PEPP product that could be distributed in the entire...

August 8, 2019
News, Slider,
Read more...
08Aug

Argentina. Negative PASO result for Macri would unleash market turmoil, warn analysts

ith the PASO primaries looming and polling gone dark, the question on the lips of most local and international observers is by what margin Frente de Todos presidential candidate Alberto Fernández will lead President Mauricio Macri by come Sunday night – and what will be the economic response come Monday morning. The prevailing wisdom is that a five percent or greater victory by Fernández over President Mauricio Macri would spook investors and international economic interests, exacerbating fears of...

August 8, 2019
News, Slider,
Read more...
08Aug

2019 Report on Smart Aging/eHealth: A Key Silver Economy Sector

The "Smart Aging - eHealth: a Key Silver Economy Sector" report has been added to ResearchAndMarkets.com's offering. This report sets out to answer the following questions: Who are the key smart aging stakeholders? What smart aging solutions are available today? What was the driving force behind their development? What costs are involved and what methods of financing can be leveraged for these solutions? The report provides a benchmark of the technological solutions designed to promote and maintain seniors' independence...

August 8, 2019
News, Slider
Read more...
07Aug

Five million at risk of pension scam, UK Regulator warns

The pension pots of five million savers are at risk from crooks, new research reveals. Figures from the Pensions Regulator and the Financial Conduct Authority showed 42% of working Brits aged 45-65 would fall for at least one scam tactic that's already out there. And even the cleverest savers are at risk thanks to "blind spots" exploited by criminals. Psychologist Honey Langcaster-James explained: “Most people are confident in their ability to avoid being scammed. We tend to assume that...

August 7, 2019
News, Slider,
Read more...
07Aug

Nigeria. FITC explores opportunities in fintech

Operators in the financial services sector have said the industry has experienced disruption because of the innovation related to technology. They also said fintech presented a huge opportunity for the financial sector, especially in getting more unbanked to embrace financial services. They spoke in Lagos during the Financial Institutions Training Centre’s ‘Thought leadership series 2.0’ event, which focused on the implications of disruption of the banking industry by financial technology. The event was attended by industry leaders from the...

August 7, 2019
News, Slider,
Read more...