June 2021
22Jun

México. Consar: Crece ahorro para el retiro después de pandemia de Covid-19

El ahorro voluntario para el retiro de los trabajadores afiliados al IMSS aumentó 31.6 por ciento en el primer trimestre del año, a tasa anual. “La pandemia no frenó el ahorro de los mexicanos”, comentó Víctor Baeza, vicepresidente de Operaciones de la Consar. En los primeros tres meses, el guardadito promedio que los trabajadores hicieron para mejorar su pensión fue de 11 mil 232 pesos, dos mil 697 pesos más que hace un año, según la dependencia. El número de cuentas que...

June 22, 2021
Noticias, , , , ,
Read more...

Chile. Coordinadora No + AFP exige detener trámite de reforma de pensiones del Gobierno

Un rápido y amplio respaldo alcanzó la carta de la Coordinadora No + AFP donde expresa su rechazo a la urgencia impulsada desde el Gobierno al proyecto de reforma previsional, el cual aseguran, pretende perpetuar el actual sistema de pensiones y los precarios ingresos que entregan a los jubilados. El documento que logró más de mil adhesiones en 48 horas, señala que la reforma del Gobierno “dejarán hipotecado el futuro del país a merced de privados y grupos financieros internacionales...

June 22, 2021
Noticias, , , ,
Read more...
22Jun

World Bank : The costs and benefits of making pension funds a target for financial repression

Financial repression is not new topic, but the striking amount of new debt taken on by governments to support their economies in the wake of the COVID-19 crisis has made the issue ever more relevant. Financial repression occurs when governments channel funds to themselves that in a deregulated market environment would go elsewhere. It usually aims to provide cheaper loans to companies and governments, reducing their burden of repayments by lowering returns to savers. Policies involved can include capital...

June 22, 2021
News, Slider, , ,
Read more...
22Jun

UK Rules Out Ditching ‘Triple Lock’ Pledge on State Pension Increases

British newspapers have reported that the government was looking at suspending the promise to increase pensions by whichever is higher of consumer price inflation, average earnings growth, or 2.5%. They said it could help pay for the cost of the government’s COVID-19 response. “We are committed to the triple lock,” the spokesman said, when asked about the reports. Due partly to distortions from the coronavirus pandemic, annual wages in the three months to April grew by an annual 5.6% – creating...

June 22, 2021
News, Slider, , , ,
Read more...
22Jun

South Africa. UDM President says PIC must be taken to court

UDM President, Bantu Holomisa has rallied behind the PSA in its cries for pensions to not be touched when it comes to the SAA and PIC ownership deal. On Monday, 21 June 2021, the United Democratic Movement (UDM) President, Bantu Holomisa backed an article from a local publication. The article alleged that the Public Servants Association (PSA) is concerned that its workers might lose their pensions, due to the involvement of the Public Investment Corporation (PIC) in South African Airways’...

June 22, 2021
News, Slider, ,
Read more...
21Jun

Mejora panorama económico de la mano de Estados Unidos

Aún sin concluir la crisis sanitaria a causa del Covid-19, las expectativas de la recuperación económica para México y el mundo se mantienen ascendentes e incluso se espera que se concluya este año con un crecimiento superior al 6 por ciento. Leer también Fintech en América Latina Como Estrategia de Integración Regional En el marco del evento Advisory Forum 2021 organizado por Sura Asset Management México, los panelistas coincidieron en que después de la crisis del 2008, las grandes economías del...

June 21, 2021
Noticias, , , ,
Read more...
21Jun

UK. State pension: Warning as ‘low’ sum leaves millions at risk of ‘inadequate’ income

The State Pension is made available to individuals who have put forward a set number of National Insurance contributions throughout their lifetime. Many people will have worked for decades to ensure their state pension reaches the full sum as outlined by the Department for Work and Pensions (DWP). At present, the most someone can receive through the basic state pension is £137.60 per week. This increases slightly to a full sum of £179.60 per week for those on the new...

June 21, 2021
News, Slider, , ,
Read more...
21Jun

New Giant Saudi Pension Fund Aims to Crack World’s Top 10 Ranks

Saudi Arabia gave a first glimpse of the ambition behind the merger of two of its pension and insurance funds with a plan to rival the world’s largest investors. The new entity will boast assets of over $250 billion, according to the chief executive officer of Hassana Investment Co, the investment management arm of the kingdom’s General Organization of Social Insurance. GOSI, as the fund is known, will combine with the Public Pension Agency in a move that will reduce...

June 21, 2021
News, Slider, ,
Read more...
21Jun

Euro area pension fund statistics: first quarter of 2021

Total assets of euro area pension funds amounted to €3,105 billion in first quarter of 2021, €39 billion lower than in fourth quarter of 2020 Total pension entitlements of euro area pension funds dropped to €2,672 billion in first quarter of 2021, down €109 billion from fourth quarter of 2020 Total assets of euro area pension funds decreased to €3,105 billion in the first quarter of 2021, from €3,144 billion in the fourth quarter of 2020. Investment fund shares accounted for 48.2%...

June 21, 2021
News, Slider, , ,
Read more...
21Jun

UK. Pensions commits to net zero by 2050

Pensions has committed to net zero emissions by 2050 by overhauling its investment strategy. The new strategy will see members’ savings invested in an equity fund which invests in companies that have lower carbon footprints. It will include investing in sustainable bonds and sustainable equities to at least 50 per cent of the portfolio’s net asset value by the end of 2021. The pensions provider says the changes come after an overhaul of the trust’s investment strategy in order to integrate ESG...

June 21, 2021
News, Slider, , ,
Read more...