March 2022

República Dominicana. Someten proyecto eliminaría las AFP y ARS

Un grupo de 25 diputados de distintos partidos sometió en la Cámara Baja un proyecto de reforma de la Ley 87-01 de Seguridad Social que entre otros puntos estipula la eliminación de las Administradoras de Fondos de Pensiones (AFP) y las de Riesgos Laborales (ARS). Pedro Botello, vicevocero reformista en la Cámara de Diputados, quien junto a los diputados José Horacio Rodríguez, Pedro Martínez y Aquilino Serrata depositaron la pieza en la secretaría de la Cámara Baja, dijo que las...

A Sustainable, Variable Lifetime Retirement Income Solution for the Chilean Pension System

By Olga Fuentes, Richard K. Fullmer & Manuel Enrique Garcia Huitron There is a need in pension systems to significantly improve the level and stability of pension payments as pensioners age. Solutions to address increased longevity and longevity risk should be not limited to increasing the take-up rate of annuities – explicit guarantees are costly in a low-interest rate environment, and lock-in of savings may not be in line with members' preferences. Our proposal is to develop a Sustainable, Variable...

UK. Pension dashboards are coming - action for occupational pension schemes to take now

UK. Pension dashboards are coming – action for occupational pension schemes to take now

Establishing a system of “pension dashboards” to enable individuals who have yet to take retirement benefits to find clear, standardised information about all their pension arrangements (including rights to state pension) in one place is a key element of the government’s pension strategy. The ambition is laudable but achieving it will be a mammoth task, requiring significant time and resource from occupational pension scheme trustees, pension managers and administrators. All UK occupational pension schemes with 100 or more non-pensioner members...

Afore registran minusvalías por 161 mil 891 mdp

Las administradoras de fondos para el retiro (Afore) cerraron el primer bimestre de 2022 con minusvalías por 161 mil 891 millones de pesos, reveló la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar). Lo anterior significa que el ahorro pensionario de los trabajadores mexicanos se vio disminuido en los primeros dos meses del año respecto del cierre de 2021 como consecuencia de la volatilidad que han mostrado los mercados financieros. La Consar detalló que en febrero pasado las 10...

People Are Now Living More Years in Good Health

People Are Now Living More Years in Good Health

Older adults may not only be living longer, but better as well, according to a new U.K. study. Researchers found that since the 1990s, British adults age 65 and up have been enjoying more years living independently, free of disability. That's despite the fact that many chronic health conditions have become more common. In fact, disability-free years rose not only among healthy seniors, but those living with conditions like heart disease, diabetes, arthritis and vision and hearing problems. Experts called the findings...

Engagement essential for schemes to turn the tide on plastic waste

Engagement essential for schemes to turn the tide on plastic waste

The role pension schemes play in overcoming plastic pollution is multifaceted, and communicating it with members only adds another layer of complexity, experts warn. Read also Global Pension Asset Values Grow to Record $56 Trillion in 2021 The transition to net zero requires a multifaceted approach over how we use non-renewable materials. Up to 12.7mn tonnes of plastic enter the oceans each year causing damage to marine life and ecosystems, according to the journal Science, and while the scale of the...

Sindicatos exigen al Estado dominicano explicar qué esta sucediendo con fondo de pensiones

La disminución de los fondos en las cuenta de los afiliados de distintas AFP, por una alegada apreciación del peso dominicano, fue calificada como desafortunada por Centrales Sindicales que afirman la situación es una “franca violación al artículo 103 de la Ley 87- 01, sobre garantía de rentabilidad mínima y sin que la Superintendencia de Pensiones haya realizado los cálculos correspondientes para determinar la legalidad de esa medida”. Leer también República Dominicana. Someten proyecto eliminaría las AFP y ARS En consecuencia,...

Zimbabwe: Tougher Action Against Employers Not Remitting Pension Contributions

Zimbabwe: Tougher Action Against Employers Not Remitting Pension Contributions

Errant employers who do not remit the pension contributions of their employees will soon face both criminal charges and civil action with the proposed Pension Fund and Provident Fund Act now being debated by the Senate, upgrading the present law to protect pension funds. The Bill being debated this week in Senate replaces the present Pension and Provident Funds Act and upgrades the requirements for the registration and administration of pension and provident funds. Clause 17 of the Bill compels employers...

A Descriptive Analysis on Effect of Corporate Governance on Investor’s Decision

By Dsouza Prima Frederick The article studies the impact of internal factors and external factors influencing an investor’s investment decision. The information for the study was obtained from secondary sources like journal papers, magazines and books. Human psychology has an internal role in investing choice, whereas corporate governance is an external influence. Corporate governance plays a major role in the investment decision-making process by revealing all elements of business information, but investors understand the information according to their own assessments and assumptions...

Colombia. La respuesta de los fondos privados de pensión a la propuesta de Petro

Colombia. La respuesta de los fondos privados de pensión a la propuesta de Petro

De acuerdo con la Asociación Colombiana de Fondos de Pensiones y Cesantías, Asofondos, el debate presidencial sobre pensiones no puede basarse en mentiras. De acuerdo con Santiago Montenegro, presidente de Asofondos, “En un tema complejo y tan importante, urge que los candidatos presidenciales se informen ampliamente y hagan propuestas responsables y aterrizadas a la realidad de los trabajadores colombianos”. Vea más en noticias empresariales. Por lo anterior, la entidad resaltó que las puertas de Asofondos están abiertas y los documentos técnicos...