May 2019

03May

How the FCA is saving UK fintech industry from Brexit fallout

By Ian McKenna The regulator’s latest Business Plan emphasises a commitment to supporting innovation Few things drive the adoption of technology more than regulation; there has always been a symbiotic relationship between the two. I can’t remember a document in the past few years that has better demonstrated this than the FCA 2019/20 Business Plan published a couple of weeks ago. The document should be essential reading for anyone involved in industry technology. It presents an almost endless list...

May 3, 2019
News, OP Ed
Read more...
03May

S. Africa’s Ramaphosa Urges Patience in Corruption Battle

South African President Cyril Ramaphosa, whose party faces a national election next week, urged citizens of the country to have patience and give his government and the nation’s institutions time to deal with the corruption that has indebted the economy and brought state companies to their knees. Ramaphosa Can Win Over South Africa, What About His Own Party? Cyril RamaphosaPhotographer: Waldo Swiegers/Bloomberg Ramaphosa took over from Jacob Zuma as national president last year and has described his predecessor’s rule...

May 3, 2019
News, Slider,
Read more...
03May

UK. Stagecoach ‘asked to take on £1.6bn pensions risk’

Stagecoach has said it refused to accept pensions risks that could have been "well in excess of £1bn" for three rail franchises it was disqualified from bidding for in April. Under one scenario the company estimated it could have been left with liabilities of £1.6bn. Protections offered by the Department for Transport (DfT) were inadequate, the transport group said. Rail firms are facing an estimated £7.5bn pensions gap. Last month, the DfT rejected Stagecoach bids for the East Midlands...

May 3, 2019
News, Slider,
Read more...
02May

México. A partir del 2020 jubilados recibirían una mayor pensión

Octavio Ballinas, vicepresidente Financiero de la Consar, explicó que el porcentaje que reciben los trabajadores retirados respecto a su último sueldo, lo que se conoce como la tasa de remplazo, se incrementaría por un cambio en el modelo de inversión Los trabajadores de México gozarían de una pensión mayor a más tardar el próximo año, ya que el porcentaje que reciben respecto a su último sueldo -lo que se conoce como taza de remplazo- se incrementará, informó este martes...

May 2, 2019
Noticias,
Read more...
02May

Pakistan. Pension payments to reachRs46 billion in next fiscal year

Employees Old-Age Benefits Institution would bring pension payments up around 31 percent year-over-year to Rs46 billion in the next fiscal year, its head said. Chairman EOBI Azhar Hameed said pension payments would reach Rs35 billion by the end of the current fiscal year. “The disbursement will increase to Rs46 billion during the next fiscal year,” he said, addressing members of Korangi Association of Trade and Industry (Kati). Hameed said the institution is planning to celebrate pension day to spread...

May 2, 2019
News, Slider,
Read more...
02May

Brasil. Los sindicatos aúnan sus fuerzas para la primera huelga general contra Bolsonaro

Los sindicatos se movilizaron este miércoles, con motivo del Día Internacional del Trabajo, contra la reforma del sistema de pensiones impulsada por el presidente de Brasil, Jair Bolsonaro, y aunaron fuerzas de cara a una huelga general programada para el próximo 14 de junio. Las diez centrales obreras del país protagonizaron por primera vez un acto unificado durante un Primero de Mayo para clamar contra las medidas propuestas por el Gobierno de Bolsonaro, especialmente contra el proyecto que endurecerá...

May 2, 2019
Noticias,
Read more...
02May

México. ¿Qué cambió en el sistema de pensiones con la reforma a la ley del SAR?

La reforma a la Ley del Sistema de Ahorro para el Retiro (SAR) aprobada por la Cámara de Diputados, busca que se potencialice el dinero que invierten las Administradoras de Fondos para el Retiro (Afore) y los rendimientos que obtienen a través de un esquema de Fondos de Inversión Especializados en Fondos para el Retiro (Fiefores). Actualmente, las Afores manejan el dinero que invierten a través de las Sociedades de Inversión Especializadas en Fondos para el Retiro (Siefores), actualmente...

May 2, 2019
Noticias,
Read more...
02May

España. Los sindicatos piden un Gobierno progresista que derogue cuanto antes la reforma laboral

No se salieron del guion esperado. Los resultados de las elecciones generales han permitido a Unai Sordo y Pepe Álvarez, secretarios generales de Comisiones Obreras (CC OO) y de la Unión General de Trabajadores (UGT), respectivamente, salir en tromba a pedir a Pedro Sánchez un Gobierno estable y progresista que atienda con preferencia la agenda social y no olvide a los trabajadores y trabajadoras. Es decir, que se imponga como prioritario derogar los aspectos más lesivos de la reforma...

May 2, 2019
Noticias,
Read more...
02May

US. Bill Would Deny U.S. Pensions to Convicted Child Molesters

A U.S. senator is seeking to ban convicted child molesters from receiving government pensions after a U.S. Indian Health Service doctor was revealed to be drawing a six-figure retirement income following his conviction for sexually abusing patients. The Wall Street Journal and the PBS series Frontline reported in March that the doctor, longtime Indian Health Service pediatrician Stanley Patrick Weber, stood to get more than $1.8 million in U.S. pension payments during his prison sentence, which began in September....

May 2, 2019
News, Slider,
Read more...
02May

Tunisia raises minimum wages, pensions to tackle discontent

Tunisia raised the minimum wage for industrial and farm workers as well as pensions for hundreds of thousands of private-sector retirees by 6.5 percent on Wednesday in a move to defuse discontent over economic hardships. Thousands protested on Monday in the central city of Sidi Bouzid against marginalisation and deteriorating economic conditions. Hundreds of disgruntled young people also rallied in the northern city of Kef on Tuesday, demanding jobs. A government statement said Prime Minister Youssef Chahed had approved...

May 2, 2019
News, Slider,
Read more...