April 2022

UK. Can retirement savers make their pension greener?

Pension savers are apparently turning their attention towards environmental, social and governance factors amid the increasing prevalence of ESG investing. Two-thirds (67 per cent) of consumers believe it is important to consider ESG factors before investing, rising to seven in 10 (72 per cent) for those with a pension, according to a survey from Aviva last year. When it comes to defined benefit pension funds, it will be down to the trustees who take advice from a consultant to decide what...

España. La inflación disparará el gasto en pensiones hasta finales del año próximo

Nunca las pensiones dependieron tan directamente de los avatares de la guerra en un país cercano. Con una invasión de Ucrania que está disparando el precio de la energía y con esta energía que tiene un gran peso en el IPC, el resultado es una combinación que permitirá a los pensionistas preservar íntegro su poder adquisitivo, pero a costa de poner a prueba la sostenibilidad del sistema y de suscitar preguntas sobre el reparto de las cargas. Todo arranca con...

Francia, Reforma de Pensiones

Francia. Emmanuel Macron dice estar dispuesto a ceder en la reforma de las jubilaciones

En una visita en el norte de Francia, el candidato a su reelección, se mostró dispuesto a negociar una de las medidas clave de su programa, abriendo la puerta a una edad de jubilación de 64 años en lugar de 65, siempre que el sistema esté equilibrado financieramente. Pocas horas después de conocerse los resultados de la primera vuelta de las elecciones presidenciales, Emmanuel Macron se dirigió el lunes al norte del país, donde su rival Marine Le Pen concentra...

France. Macron is now ‘back-pedalling’ on ‘brutal’ pension plans, Le Pen ally says

President Emmanuel Macron is “back-pedalling” in his offer to soften his planned pension reform to seduce voters but would still execute his plans if re-elected, the head of France’s far-right Rassemblement National party Jordan Bardella said on Tuesday. Campaigning in France’s former industrial heartland, Macron on Monday said he was prepared to readjust his planned pension reform, which is at the core of his programme for re-election. Read also The Danish Pension System: Design, Performance, and Challenges “I am ready to change...

Perú. Bajo presión, Congreso Perú contempla retiro US$8.000M pensiones

Perú. Bajo presión, Congreso Perú contempla retiro US$8.000M pensiones

Una propuesta que permite a los peruanos retirar hasta US$8.000 millones de los fondos de pensiones superó un obstáculo legislativo clave en medio de un aumento en el costo de vida que ha provocado protestas callejeras en todo el país andino. El proyecto de ley aprobado por la Comisión de Economía del Congreso este martes permitiría a los peruanos sacar 18.400 soles (US$4.900) de sus cuentas, hasta un total de 30.000 millones de soles a nivel nacional, dijo a Canal...

US. New York pension leaders back calls for less fossil fuel financing

New York pension officials on Monday said they will support shareholder resolutions filed at major banks seeking quick cuts to financing of new fossil fuel development, pushing climate issues to the fore of another springtime shareholder meeting season. Shareholders should support resolutions filed at Bank of America Corp, (BAC.N) Goldman Sachs Group Inc (GS.N) and four other banks "in order to mitigate the systemic risks posed by unfettered climate change," according to a statement sent by a representative of New...

Pinbox gets seed capital from ADB Ventures to expand micro pension coverage in India

ADB Ventures, a platform of Asian Development Bank, has provided seed funding to Pinbox for expanding micro pension coverage in India. Read also Kenya. Pensions raise investments in offshore, private equity Pinbox works to address friction and accessibility challenges in delivering micro pension and insurance solutions to underserved informal sector workers, ADB Ventures said in a statement. It provides a ready-to-deploy micro pension technology platform globally to governments and regulators who are seeking to expand pension and insurance coverage .. Read also Australia....

Las pensiones en la economía digital. Retos y reformas

Por Rocío Gallego Losada La economía gig de plataformas digitales está transformando el mercado laboral. Los empleos para toda la vida son cada vez más quiméricos y la precariedad prevalece. Esto afecta a la suficiencia y solvencia del sistema público de pensiones en España. La Seguridad Social española llega con síntomas agravados de agotamiento a este reto. Al envejecimiento demográfico se le une un modelo de reparto de corte bismarckiano-mediterráneo, en el que la relación jurídica con la Seguridad Social...

US. Corporate Pension Risk Minimization Is Going to Become Increasingly Inefficient, Says JPM Strategist

US. Corporate Pension Risk Minimization Is Going to Become Increasingly Inefficient, Says JPM Strategist

Corporate pensions are better funded than ever, according to a new study released by JP Morgan. The data shows that the top 100 corporate pensions in the United States have finally surpassed the average funded levels achieved pre-2008. The average top-100 corporate plan today is 96.4% funded. Currently, over 70% of the plans studied were at their highest-funded levels ever since the Great Recession. Read also US. Retirees less worried about financial risk than younger people But the strategies that work...

Kenya. Pensions raise investments in offshore, private equity

Kenya. Pensions raise investments in offshore, private equity

Pension funds have raised their offshore and private equity investments threefold in the past two years, underlining the push for income diversification from equities and property whose returns have contracted. The funds raised their offshore investments from Sh6.32 billion in 2019 to Sh19.4 billion at the end of last year, the latest industry data from the Retirement Benefits Authority (RBA) shows. Private equity (PE) investments meanwhile went up from Sh969 million to Sh2.96 billion in the period. While alternative investment classes...