2022 Archives - Page 39 of 137 - Pension Policy International

02AugAugust 2, 2022

South Africa. Two-pot system will not make any pension savings immediately available

A call from National Treasury for public comment on proposed changes to legislation, as part of the overhaul of SA’s retirement savings industry, discloses a very important aspect about accessing your pension fund in that members of pension and retirement funds will not be able to access their existing pension fund money once the new legislation comes into effect next year. In effect, the new ‘two-pot’ system seems to have evolved into a ‘three-pot’ system. The most recent statement from Treasury...

August 2, 2022

News2022, Pension design, South Africa, Withdrawals

02AugAugust 2, 2022

The evolution of sustainability in equity investing

Equity as an asset class has a long history rooted in sustainability and shareholder engagement. Even in the 19th century, equity investors used voting and engagement to influence how companies behave. Efficient use of capital, dividend policy, and strategy were typically on the agenda. In the 1970s, equity investors started considering ethical values, triggered by global abhorrence of South Africa’s apartheid regime. In the nineties, initial ethical screenings expanded to embed environmental, social and governance factors in capital market decisions....

August 2, 2022

News2022, ESG, Investment

02AugAugust 2, 2022

Colombia. Traslados pensionales: decreto favorecería a fondos privados en casos de afiliados que demandaron para irse a Colpensiones

Aunque algunos voceros del tema laboral que participan en representación del gobierno de Gustavo Petro, en el empalme con el de Iván Duque, ya habían mostrado su desacuerdo, un decreto que se publicó en el Ministerio de Trabajo para comentarios del público podría ser firmado a partir de este lunes 1 de agosto, pese a ir en contravía de una jurisprudencia de la Corte Suprema de Justicia y de causar un posible impacto sobre los recursos públicos, pues demandaría...

August 2, 2022

Noticias2022, Beneficio Definido, Colombia, Contribución Definida

02AugAugust 2, 2022

Comienza a regir en Chile el nuevo salario mínimo de 450 dólares

Un nuevo e histórico aumento del salario mínimo comenzó a regir este lunes en Chile, llegando a 400 mil pesos (450 dólares) luego del alza acordada en mayo tras el acuerdo entre el Gobierno y la Central Unitaria de Trabajadores (CUT). Se trata del mayor aumento del salario mínimo registrado en los últimos 23 años, fijado tras las conversaciones entre el Ejecutivo y la central sindical más grande del país que pone a Chile a la vanguardia de América Latina,...

August 2, 2022

Noticias2022, Chile, Ingreso

01AugAugust 1, 2022

Pensión para algunos colombianos, en veremos: dicen quiénes no la tendrían y por qué

A pesar de que las cifras entregadas por el presidente Iván Duque dicen que las cifras de empleo en Colombia ya están igual que los tiempos prepandemia, el estudio de Asofondos, citado por Portafolio, señala que el mercado laboral no termina de sobreponerse a ese difícil año. Un ejemplo claro de ello es que las cifras arrojadas en el primer trimestre del año, pese a la recuperación que sí se ve, muestran que la actividad laboral para personas entre los...

August 1, 2022

Noticias2022, Colombia, Ingreso, Suficiencia

01AugAugust 1, 2022

Collective defined contribution schemes launch in Great Britain

Providers in Great Britain are now able to apply to launch collective defined contribution schemes, a development hailed by pensions minister Guy Opperman for its potential to “transform the UK pensions landscape”. Under CDC schemes, employers and employees pay a fixed rate of contributions, collected in a manner similar to defined contribution schemes. Benefits are paid with a target in mind, similar to defined benefit schemes, but with the prospect of variable increases — and the possibility of decreases. Read also...

August 1, 2022

News2022, CDC, Pension design, UK

01AugAugust 1, 2022

España. La pensión de jubilación sube el 5,5% en julio, mientras el IPC se dispara ya el 10% a mitad de año

En plena escalada inflacionista, que ha llevado los precios de consumo (IPC) a dispararse un 10,2% interanual en junio, la pensión media de jubilación del sistema de Seguridad Social se sitúa en julio en los 1.254,95 euros mensuales, lo que representa un 5,48% más que hace un año. Esto significa que el incremento de la cuantía promedio que perciben los jubidados contributivos en España es prácticamente la mitad de lo que aumentan los precios de la cesta de la...

August 1, 2022

Noticias2022, España, Pensiones Públicas

01AugAugust 1, 2022

South Africa’s Treasury Drafts Plan to Lift Retirement Savings

South Africa’s National Treasury has published draft reforms aimed at encouraging citizens to have easily accessible savings, while also ringfencing funds meant for retirement. The so-called two-pot system will allow individuals to contribute one-third of savings into an account that can be accessible at any time, while two-thirds must only become available at retirement. Read also South Africa. Two-pot system will not make any pension savings immediately available “The two-pot system option will present a better balance between ensuring preservation of retirement...

August 1, 2022

News2022, savings, South Africa, Withdrawals

01AugAugust 1, 2022

U.S. 6-month period brings financial storm for many

Defined contribution money managers, like their plan sponsor clients and the millions of U.S. workers who save for retirement with them, are navigating a much different world in mid-2022 than they did at the end of 2021. "Certainly, these six months have been very different than last year and the year before, which is really quite a statement when you think that in the last two years we were in the middle of a pandemic," said Anne F. Ackerley, New...

August 1, 2022

News2022, Investment, US

01AugAugust 1, 2022

The Fiscal Oversight Board is optimistic about the new operational budget of Puerto Rico

Although the operational budget approved by the Fiscal Oversight Board (JSF) is less than that endorsed at the last minute by the Legislature, The funds allocated for the fiscal year that is just beginning will not leave the municipalities in a precarious situation, they place emphasis on key agency projects, such as the Education deparmentand allow to resume permanent workit transpired yesterday in a brief public meeting of the organism. In the conclave, the officials of the Board, who now...

August 1, 2022

News2022, Puerto Rico, Regulation

August 2022