2022 Archives - Page 80 of 137 - Pension Policy International

29AprApril 29, 2022

US. Companies Look to Diversify Their Pension Investments as Funding Levels Soar

Companies are looking for alternative investment options for their pension plan funds—for example, high-quality private credit—as they look to diversify their holdings amid high funding levels. Businesses in recent years have invested a greater proportion of their plans in fixed-income securities, which are considered safer bets than assets such as equities, commodities, private equity and real estate. S&P 1500 companies invested 51% of their plan funds in fixed income in 2021, up from 50% a year earlier and 42% a...

April 29, 2022

News2022, Funding, Investment, US

29AprApril 29, 2022

Chile. Este jueves finalizó el plazo para solicitar el tercer retiro de las AFP

A casi un año desde que entrara en vigor la normativa, la Superintendencia de Pensiones recordó que los cotizantes pueden solicitar como máximo el 10% de sus ahorros previsionales hasta la medianoche de hoy. El último balance reveló que entre los tres proyectos se han realizado más de 28,4 millones de pagos. Este jueves 28 de abril finaliza el plazo para que los cotizantes soliciten el tercer retiro de los ahorros disponibles en las Administradoras de Fondos de Pensiones (AFP). La...

April 29, 2022

Noticias2022, Chile, Retiro de Fondos

29AprApril 29, 2022

South Africa. How financially sound is the Government Employees’ Pension Fund?

The country’s biggest and most important pension fund is healthy, but there are some reasons to be concerned. The extraordinary rise in the value of the JSE between March 2020 and March 2021 stemmed three years of declining values within the Government Employees’ Pension Fund (GEPF) and has placed it in a sound financial position as far as short-term commitments are concerned. However, it is unlikely that investors will see another year where the JSE rises by 55%, which makes the...

April 29, 2022

News2022, Pension Management, South Africa

29AprApril 29, 2022

UK. Pension schemes remain uninsured for cyber risks

Nearly half of UK pension schemes still do not have insurance against cyber attacks, and a similar proportion are lacking the specialist skills needed to deal with the threat. That is according to a new report from risk advisory firm Crowe, which surveyed pension scheme trustees on the challenges facing them as fraud and cybercrime levels rise. Worryingly, 43% of respondents said that they had not tested the strength of their scheme's IT systems, processes and procedures for cybercrime protection, while...

April 29, 2022

News2022, Pension Management, Risk, UK

28AprApril 28, 2022

The Causal Effects of Place on Health and Longevity

By Tatyana Deryugina & David Molitor Life expectancy varies substantially across local regions within a country, raising conjectures that place of residence affects health. However, population sorting and other confounders make it difficult to disentangle the effects of place on health from other geographic differences in life expectancy. Recent studies have overcome such challenges to demonstrate that place of residence substantially influences health and mortality. Whether policies that encourage people to move to places that are better for their health...

April 28, 2022

Aging, Articles2022, Healthcare, Longevity, Public Policy

28AprApril 28, 2022

The New Corporate Governance

By Oliver D. Hart & Luigi Zingales In the last few years, there has been a dramatic increase in shareholder engagement on environmental and social issues. In some cases shareholders are pushing companies to take actions that may reduce market value. It is hard to understand this behavior using the dominant corporate governance paradigm based on shareholder value maximization. We explain how jurisprudence has sustained this criterion in spite of its economic weaknesses. To overcome these weaknesses we propose the...

April 28, 2022

Articles, Investment, Pension Management2022, Climate crisis, Corporate Governance, Equality, ESG, Yields

28AprApril 28, 2022

Environmental, Social and Governance Considerations in Pension Plans

By Paul Williams & Elizabeth Harker Speaking at the United Nations Climate Change Conference ("COP26") in October 2021, the UK Secretary of State for Work and Pensions, Thérèse Coffey, said that pension schemes can become a "superpower" in fighting climate change and propelling the world to net zero. But to what extent does the legal landscape within which pension schemes operate allow them to perform this role, and indeed to what extent should they be performing this role? Here in the...

April 28, 2022

Articles, Investment, Pension Management2022, Climate crisis, Corporate Governance, ESG

28AprApril 28, 2022

Global Pension Finance Watch: First quarter 2022

By Nathan Pavlik & David Finn The sharp increase in discount rates drove positive first quarter pension index results for all regions. Asset returns were negative for all regions except Brazil for the quarter which partially offset the liability gains. Inflationary impact were most pronounced in the UK where plans provide annual pension increases based in inflationary indicators. The overall impact of these changes resulted in positive pension index returns for all markets during the first quarter. While it is always...

April 28, 2022

Books, Pension Management, Reports, System Characterization2022, Funding, Investment, Risk

28AprApril 28, 2022

EIOPA proposes new pensions info-gathering to close ‘important’ data gaps

The EU pension fund regulator has proposed collecting look-through data on IORPs’ investments in UCITs and derivative information as part of a move to strengthen its capacity to analyse emerging risks in the occupational pensions sector. In a consultation document, EIOPA said this capacity was “currently limited as it lacks crucial data in a number of areas”. Important data gaps had been identified, it added, namely in the area of derivatives and look-through information. The regulator is also proposing to amend current...

April 28, 2022

News2022, EU, Regulation

28AprApril 28, 2022

México. Consar busca modificar metodología del IRN

El oficio, en poder de la Conamer, quiere quitar del cálculo del indicador la Unidad de Pensión pues es confuso. La Comisión Nacional del Sistema del Ahorro para el Retiro (Consar) envió un anteproyecto a la Comisión Nacional de Mejora Regulatoria (Conamer) para modificar el cálculo del Indicador de Rendimiento Neto (IRN). En el documento se propone eliminar de la fórmula a la Unidad de Pensión para hacer más clara la métrica. Leer también 56% de los mexicanos no tiene un...

April 28, 2022

Noticias2022, Inversión, Mexico, Operaciones, Rendimientos

April 2022