May 2019

Poverty risk could increase for German pensioners if pension level continues to fall: study

The poverty risk rate for people aged 65 and over would rise by up to 20 percent if the German pension level continued to fall and the framework conditions did not change, according to a study by the German Institute for Economic Research (DIW) published on Wednesday. The DIW study showed that under current laws, the German pension level is expected to fall continuously to around 43 percent in 2045 from 48 percent today. Since the early 2000s, Germany's...

Australia. Accountants seek voice in retirement advice provision

Accountants have sought a place at the table when the Government initiates a review of the retirement income system, suggesting an essential element is proving access to affordable financial advice. The Institute of Public Accountants (IPA) has welcomed a recent announcement by the Treasurer, Josh Frydenberg that he will be commissioning a review of the retirement income system which will be inclusive of the interfaces between superannuation, government pensions and taxation. Commenting on the move, IPA chief executive, Andrew...

Coyuntura Laboral en América Latina y el Caribe

Por OIT, CEPAL Tras dos años de contracción del producto regional, acompañada de un fuerte aumento del desempleo, en 2017 se produjo la transición hacia una fase de crecimiento económico positivo, aunque moderado. En el ámbito laboral, el crecimiento económico del 1,3% conllevó una leve aceleración de la generación de empleo asalariado y supuso el fn del descenso de la tasa de ocupación urbana observado a lo largo de tres años consecutivos (de 2014 a 2016). Sin embargo, la...

Convenio bilateral de seguridad social entre México y España

Por Gabriela Mendizábal Bermúdez La migración es un fenómeno que ha acompañado a la humanidad desde su origen. Laprincipal causa es buscar una mejor calidad de vida. El derecho contribuye a través delDerecho Internacional de la Seguridad Social (DISS) a regular el otorgamiento de las prestaciones de seguridad social de los miembros de un país en otro y a salvaguardar su derecho humano a la seguridad social. En ese contexto esta investigación analiza el convenio de seguridad...

El Banco de España pide que se haga la reforma de pensiones antes de que el votante medio envejezca más

El Banco de España alerta del envejecimiento de la población y pide que no se retrase una reforma de las pensiones. En su informe anual publicado este martes, dedica un capítulo entero a este fenómeno. Y advierte de que conforme el “votante mediano” gane en edad —ahora se sitúa en los 43 años—, será más difícil cambiar el sistema. Defiende que haya equidad entre generaciones y que se tenga en cuenta a los jóvenes, que de lo contrario tendrán...

Ministro de Economía brasileño expresa confianza en aprobación de reforma de pensiones

El ministro de Economía de Brasil, Paulo Guedes, afirmó hoy que confía en la aprobación de la reforma de pensiones y que las manifestaciones de apoyo al gobierno del pasado domingo son la prueba de que "el pueblo quiere cambios". "Estamos seguros de que el Congreso va a aprobar la reforma. Creo que las manifestaciones simplemente confirman la idea de que el pueblo quiere cambios", dijo Guedes, tras participar la mañana de este martes en un desayuno en el...

US. New Bill Would Conduct the Largest Investigation of Private Pensions in 40 Years

Bipartisan US senators are proposing legislation in an effort to secure workers’ retirement benefits in the long run, through the formation of a new retirement commission that would guide private retirement plans to a more sustainable future. Coined the Federal Retirement Commission Act, Sens. Todd Young, an Indiana Republican, and Cory Booker, a New Jersey Democrat, would create a group responsible for reviewing private benefit programs and submitting to Congress recommendations on how to improve or replace the programs....

South Africa. PIC’s $250m investment in Ecobank was ‘highly speculative’, inquiry hears

A former executive of West Africa’s Ecobank who was suspended for blowing the whistle on alleged accounting irregularities within the organisation has questioned the soundness of an investment made by the Pubic Investment Corporation (PIC) in the bank. The pan-African bank, which is based in Togo, operates in 36 African countries and four other countries outside of Africa. It has the largest footprint among all banks on the continent. Nedbank holds the biggest share in Ecobank, with a 21.1%...

UK. Unnecessary disability reassessments for disabled pensioners to be phased out

Work and Pensions Secretary of State Amber Rudd announced in March that people receiving PIP who have reached State Pension age will no longer have their awards regularly reviewed, instead moving to a light touch review at 10 years. Nearly 290,000 people of State Pension age are in receipt of PIP. From Friday, new claimants to PIP whose review would have been scheduled after they had reached State Pension age will receive an ongoing award with a light touch...

Canadian pension fund Caisse replaces lending unit CEO after ethical failures

Canada’s second-largest pension fund said on Tuesday it had replaced the chief executive and overhauled the board of its commercial real estate lending unit, after an outside investigation found ethical failures by a handful of employees. Caisse de depot et placement du Quebec, which managed C$310 billion ($230 billion) at the end of 2018, named Rana Ghorayeb as the CEO of Otera Capital, replacing former chief executive Alfonso Graceffa who left earlier this year, the real estate lending unit...