May 2019

Sex Workers Lobby for Pensions and Health Services in India Amid Elections

India is holding general and legislative assembly elections in the states of Andhra Pradesh, Arunachal Pradesh, Odisha, and Sikkim until 19 May. Sex workers are lobbying candidates in the Indian general election asking them to support their demands for better health and welfare services in return for votes. The AINSW reportedly has 5 million members, yet sex workers have no special influence. Indian society and politics are known to be too conservative to talk about sex work openly, much...

Lawmakers see momentum for bills promoting workplace retirement plans

As lawmakers work to put the finishing touches on legislation that would give employers new flexibility in their retirement plans, members of the Senate are looking ahead to new bills to further encourage workplace savings. Members of the Senate Finance Committee say they are hopeful about getting some version of the Retirement Enhancement and Savings Act to the president's desk this year. If the measure became law, businesses in varied industries could band together in multi-employer plans and would...

UK: Pension Scheme Investment – A New Era Of Increased Competition?

Recent intervention by the Competition and Markets Authority could lead to increased competition in the market for investment professionals who provide services to pension schemes – which should be a good thing for the employers supporting those schemes. Many occupational pension schemes use the services of investment consultants and / or fiduciary managers. Broadly, investment consultants advise pension scheme trustees on how best to invest scheme assets – and fiduciary managers make investment decisions on behalf of pension...

Asignará el Banco Mundial ayuda al Seguro Social de Vietnam para gestión del fondo de pensiones

Hanoi (VNA)- El Banco Mundial (BM) asignará recursos para ayudar al Seguro Social de Vietnam a cumplimentar la segunda etapa del programa de capacitación y mejoramiento de la gobernanza y gestión de fondos de pensiones (2019-2021), dijo un funcionario de esa organización. Tal información fue dada a conocer por Alwaleed Alabatani, experto financiero del BM, durante un encuentro efectuado la víspera con el subdirector general del Seguro Social de Vietnam (VSS), Nguyen Dinh Khuong, con el...

Competencia para las AFP: Proyecto de ley propone que bancos y cajas también administren estos fondos

El congresista Miguel Castro (No Agrupado) presentó el proyecto de Ley 4306, mediante el cual propone que las entidades del sistema financiero, como bancos, Cajas Municipales, entre otras, puedan administrar fondos de pensiones y así compitan con las AFP. En la exposición de motivos del proyecto se sostiene que las entidades financieras vía instrumentos como los depósitos a plazo fijo pueden ofrecer intereses superiores a la rentabilidad promedio de las AFP e incluso sin cobrar comisión. “Si bien es cierto...

New ‘superfunds’ gear up to manage Britain’s deficit-ridden pensions

Britain’s company pension schemes, grappling with ageing former employees and low investment returns, may start to transfer their assets into new so-called superfunds in the coming weeks, according to people involved in the process. There are around 2 trillion pounds ($2.6 trillion) in more than 5,000 UK private defined benefit, or final salary pension schemes. Nearly two-thirds are in deficit, putting a burden on companies looking to strike merger deals or restructure debt. Although most companies have closed these...

WB continues to support Vietnam Social Insurance

The Deputy Director General of the Social Insurance of Vietnam, Nguyen Dinh Khuong, has just worked with a delegation of the World Bank, led by the financial expert Alwaleed Alabatani. During the recent working session, he said that the first phase (2017-2018) of the technical assistance project on the management and investment of pension funds between the two parties has come to an end. The World Bank would continue to support Vietnam's Social Insurance in reform, improving the...

CDPQ invests in WeWork property platform

Launch of new ARK garners US$1bn. The We Company, parent of workspace provider WeWork, said on Wednesday it has created a US$2.9 billion real estate investment platform with funding from one of Canada's largest pension funds, building on ties with private equity firm the Rhone Group. The platform, called ARK, has gained US$1 billion from Canada's Ivanhoe Cambridge, the property arm of Caisse de dépôt et placement du Québec, the Montreal-based company said. WeWork, founded in 2010, is now...

Programas sociales, superación de la pobreza e inclusión laboral: aprendizajes desde América Latina y el Caribe

Por Laís Abramo, Simone Cecchini, Beatriz Morales En América Latina y el Caribe se están implementando diversos programas sociales para superar la pobreza y reducir las desigualdades a lo largo del ciclo de vida, como los programas de transferencias condicionadas, los programas de inclusión laboral y productiva, y las pensiones sociales. En este libro se ofrece un análisis actualizado de estos programas y su relación con la inclusión laboral, y se abordan los debates en curso sobre...

La mano de obra del sector público envejece a un fuerte ritmo. Un nuevo desafío

Por Abellán García, Antonio, Pujol Rodríguez, Rogelio En los últimos diez años se ha producido un envejecimiento general de la masa laboral. La edad media del conjunto se sitúa ahora en 43,4 años; era 40,0 diez años antes. Pero llama la atención el fuerte envejecimiento de la rama de actividad Administración pública: 47,1 años. La principal causa de este envejecimiento es el avance de la onda del baby boom que eleva la edad media de la población en general. La...