January 2025

Demografía, mercado de trabajo y el desafío pensional en el largo plazo

Por Michele Bruni y Stefano Farne La Revolución Demográfica afecta a todos los países, aunque en tiempos diferentes, provocando un aumento inicial de la población joven que luego migra hacia la población en edad laboral y, finalmente, a los adultos mayores. Esto genera tres desafíos: educativo, ocupacional y de pensiones. Este artículo analiza el avance de la Revolución Demográfica en Colombia, enfocándose en las políticas para abordar el desafío de las pensiones. A partir de índices económicos de dependencia, se...

Retirees Relocate for Income Tax Exemptions

By Linda Gorman In 2013, the Portuguese government offered foreign retirees relocating to Portugal a 10-year tax exemption on their foreign-source pension income, provided their country of origin had a tax treaty with Portugal. As the number of immigrant retirees grew, the amount of forgone income taxes grew, reaching €1.5 billion, or about 0.6 percent of GDP, by 2021. In that year, the tax exemption was replaced by a 10 percent rate. In 2024, the exemption was repealed. Source National Bureau...

UK. What the bond market turmoil means for your mortgage, pension and savings

The bond market sell-off has revived fears about rising borrowing costs after the crisis that followed Liz Truss’s disastrous mini budget in 2022. However, experts are suggesting there is no need to panic. Here is what it may mean for mortgages, pensions and savings. Pensions If you are aged under 50 and are saving into a pension, it is unlikely any of your money will be in bonds. It is instead probably going into stock market-based investments, and any short-term fall...