2023 Archives - Page 25 of 40 - Pension Policy International

25AugAugust 25, 2023

Retirement Security: Income and Wealth Disparities Continue through Old Age

By GAO Income and wealth inequality in the United States have increased over the last several decades. We looked at whether these trends continue for older Americans as they age. We compared income and wealth for all older households from 1989 through 2016 and found households in the top 20% saw disproportionately greater gains than other households. We also looked at income and wealth for a group of older Americans as they aged. We found disparities in income decreased, possibly due to...

August 25, 2023

Aging, Books, Books, Reports2023, Equality, Income, US

25AugAugust 25, 2023

Longevity Risk and Capital Markets: The 2021-22 Update

By David P. Blake, Malene Kallestrup Lamb & Jesper Rangvid This Special Issue of the Journal of Demographic Economics contains 10 contributions to the academic literature all dealing with longevity risk and capital markets. Draft versions of the papers were presented at Longevity 16: The Sixteenth International Longevity Risk and Capital Markets Solutions Conference that was held in Helsingør near Copenhagen on 13-14 August 2021. It was hosted by PerCent at Copenhagen Business School and the Pensions Institute at City,...

August 25, 2023

Articles, Pension Management2023, Longevity, Risk

25AugAugust 25, 2023

Investment Option Switching Behaviour and Impact for Pension Fund Members Around the COVID Pandemic

By Adam Butt, Gaurav Khemba, William Lim, Geoff Warren & Shang Wu We study the switching of investment options by defined contribution pension fund members, using a unique dataset provided by a large Australian superannuation fund and spanning the market volatility associated with the COVID-19 pandemic. We find that both the magnitude and direction of switching activity is primarily related to market conditions, but is moderated by member characteristics. Switching activity appears reactive to market movements, with a spike in...

August 25, 2023

Articles, Investment2023, COVID 19, Pension Management

25AugAugust 25, 2023

Unbundling Climate Change Risk from ESG

By Jeffrey N. Gordon The divergence between the United States and the European Union over ESG disclosure and compliance policy for asset managers and companies is a striking feature of the corporate governance landscape. This divergence derives at least in part from differences in core features of the relevant political economy. In particular, retirement security in the US is significantly tied to stock market values; this is not so in Europe. The US is a petro-state, the world’s largest producer...

August 25, 2023

Articles, Investment, Pension Management2023, Climate crisis, Corporate Governance, ESG

23AugAugust 23, 2023

El envejecimiento de la población trabajadora: tendencias y consecuencias

Por Brindusa Anghel, Juan Francisco Jimeno & Pau Jovell Este trabajo documenta, en primer lugar, la evolución reciente de la estructura por edades de la población ocupada española. Con datos de la Encuesta de población activa y de registros administrativos de la Seguridad Social se muestra que, con alguna heterogeneidad por empresas, sectores, ocupaciones y comunidades autónomas, la edad media de la población ocupada española ha crecido muy deprisa y lo seguirá haciendo en el futuro. También se utilizan datos...

August 23, 2023

Artículos, Envejecimiento, Envejecimiento2023, Edad de retiro, Envejecimiento, España, Mercado Laboral

23AugAugust 23, 2023

“Los millennials estamos llegando a la mediana edad, y no se parece a lo que nos prometieron.”

Por Jessica Grose Aunque pueda sorprender a quienes siguen empleando el término millennial o milénials como abreviatura de “jóvenes irritantes”, ya no son —no somos— jóvenes. Los mayores de nosotros, a punto de cumplir los 40, nos encontramos en la cúspide de la etapa vital conocida como mediana edad, tradicionalmente asociada a unas rodillas cada vez menos fiables y la angustia por saber si esto es todo lo que hay. Pero si hemos logrado esquivar la angustia —al menos hasta...

August 23, 2023

Ahorro, Artículos2023, Ahorro, Inversión, Millennials

23AugAugust 23, 2023

Estadísticas relevantes de los Fondos de Pensiones Latinoamericanos en 2022

Por FIAP En este documento se presentan las estadísticas más relevantes y actualizadas a cierres del año 2022 sobre cobertura, beneficios otorgados, inversión y administración de pensiones de los países de la región de América Latina, con datos de la Federación Internacional de Administradoras de Fondos de Pensiones (FIAP) y el Banco Mundial. Libro completo “aquí”

August 23, 2023

Administración de Pensiones, Libros, Libros, Reportes2023, Administración de Pensiones, Ahorro, América Latina, Cobertura, Inversión

18AugAugust 18, 2023

Annual report on intra-EU labour mobility 2022 published

By European Commission Irrespective of the pandemic, the number of working age EU citizens living in another Member State remained stable, at 10.2 million in 2020. The number of persons moving, however, declined in line with the restrictions imposed because of the pandemic. With the pandemic phasing out, we expect that these figures will return to pre-Covid-levels. The labour market performance of mobile workers has, following a Covid-induced dip in 2020, again reached 74%, i.e. the same level as for nationals....

August 18, 2023

Books, Books, Labor Market, Reports2023, Europe, Labor Market, Pension design

18AugAugust 18, 2023

Uncovering the profile of low earners in the UK and the potential for pension saving through automatic enrolment

By Pensions and lifetime savings association In the realm of pensions policy, there exists a significant knowledge gap when it comes to understanding and addressing the needs of low earners in the United Kingdom. While various segments of the population have been subject to extensive research, individuals with low incomes who are still engaged in employment have remained relatively understudied. This group represents a complex demographic, comprising diverse subgroups, who may be earning modest incomes for varying reasons and circumstances. The...

August 18, 2023

Books, Books, Reports, Savings2023, Informal Sector, Pension design, Poverty, savings, UK

18AugAugust 18, 2023

The Transitional Impact of State Pension Reform

By Jordan Pandolfo & Kurt Winkelmann We use an overlapping generations framework to evaluate the transitional impact of state pension reform on public and private workers, and apply this analysis to all fifty U.S. states. We consider (i) closing the pension plan to new entrants, (ii) reducing benefits together with wage increases and (iii) suspending cost-of-living-adjustments (COLAs). While each reform effectively reduces long run taxes, variation in fiscal and demographic features creates significant differences in state outcomes. Closing the plan...

August 18, 2023

Articles, Pension Reform2023, Pension Reform, Public Policy, US

August 2023