September 2021

Bolivia. Gobierno calcula que la devolución de aportes a las AFP puede ser a fin de mes o en octubre

De acuerdo con la viceministra de Pensiones y Servicios Financieros, Ivette Espinoza, la devolución parcial o total de los aportes a las Administradoras de Fondos de Pensionas (AFP) se podrá concretar a fines de septiembre o inicios de octubre. Sobre los tiempos establecidos, Espinoza sostuvo que se está en los plazos acordados y que para reducirlos ya están trabajando en la reglamentación de la nueva ley aprobada en Senadores. La autoridad recordó que una vez que el presidente del país, Luis...

Biggest funds increase 11.5% to hit $21.7 trillion in 2020

Assets of the world's 300 largest retirement funds increased 11.5% to $21.72 trillion in 2020, despite the effects of the coronavirus pandemic that ravaged stock markets and economies in the first half of the year, according to the latest annual survey by Pensions & Investments and Willis Towers Watson PLC's Thinking Ahead Institute. Read also Sweden. AP2 continues sustainability journey with stellar returns and costs The top funds' assets also grew at a faster rate than a year earlier, when they...

Nigerian pension fund asset rises to N12.8 trillion as RSA contributors hits 9.4 million

Nigeria’s total pension asset value rose by N123.47 billion in July 2021 to close at N12.78 trillion compared to N12.66 trillion recorded in the previous month. This is contained in the pension funds industry report for the review month as released by the National Pension Commission. According to the report, the net asset value of Nigeria’s pensions fund recorded a 0.98% increase in the month of July 2021, while 22,349 RSA registrations were recorded in the same month increasing total...

World Social Protection Report 2020–22

By ILO Despite progress in recent years in extending social protection in many parts of the world, when the coronavirus disease (COVID-19) pandemic hit many countries were still facing significant challenges in making the human right to social security a reality for all. This report provides a global overview of progress made around the world over the past decade in extending social protection and building rights-based social protection systems, including floors, and covers the impact of the COVID-19 pandemic. In...

UK. Pension contributions hold up well despite Covid

Workers kept up with payments into their pension funds last year, confounding fears that many people might scrap or cut their contributions because of pandemic pressures, according to government data. Annual savings from eligible savers rose to £105.9bn, from £100.4bn in 2019, said the Department of Work and Pensions in a report on Thursday. That extends the increases posted since 2012, following the introduction of auto-enrolment into work-based pension schemes to boost retirement saving. The DWP said a fall in employee...

Argentina. Las jubilaciones y pensiones tienen un aumento de 12,39% y acumula un incremento de 36,2%

A partir del 1° de septiembre, jubilaciones, pensiones y asignaciones familiares aumentarán 12,39% debido al tercer aumento por movilidad del año. Considerando los incrementos otorgados en los primeros 9 meses de 2021, los beneficios aumentaron 36,2% quedando por encima de la inflación. De esta manera, la Anses informó a través de un comunicado que se demuestra que la nueva fórmula de movilidad (Ley 27.609) sancionada por el actual Gobierno nacional, generó un aumento superior al que hubiese otorgado la fórmula...

Perú. AFP: Desde hoy afiliados que tienen 50 años pueden acceder a la jubilación anticipada

¡Atención, afiliados a la AFP! Desde hoy, miércoles 1° de setiembre del 2021, entra en vigencia la Ley N°31332, que establece los 50 años como la edad mínima, tanto para hombres como para mujeres, para acceder al Régimen Especial de Jubilación Anticipada (REJA) del Sistema Privado de Pensiones (SPP). De esta manera, la modificación en el REJA permitirá que desde hoy miércoles todos los afiliados de las AFP que tengan 50 años a más se puedan jubilar de manera adelantada. Para...

More Than 4 Billion People Have No Social Protection as COVID-19 Wreaks Havoc

The International Labor Organization reports more than 4 billion people globally have no social protection at a time when the COVID-19 pandemic is wreaking havoc upon their lives and livelihoods. Read also World Social Protection Report 2020–22 The ILO's World Social Protection Report 2020-2022 reveals the extent to which COVID-19 has devastated the world of work. It exposes the inequality between the rich countries that are beginning to rebound from the economic distress of the pandemic and the developing countries that...

Cepal: Agote de efecto rebote llevaría a que Chile crezca 3,2% en 2022 tras avance de 9,2% este año

De acuerdo a los cálculos de la Cepal, el crecimiento de 5,9% que se estima para Sudamérica se explica en un 70% por el efecto estadístico de la contracción económica de 2020 y solo el restante 30% es por “crecimiento genuino”. De esta manera la región retomaría el bajo crecimiento que la caracterizaba previo a la pandemia, marcando una expansión de 2,6%. Lamentablemente, Chile no estará ajeno a ese fenómeno. Según el Estudio Económico de América Latina y el Caribe...

Sustainability Gains In Asset Management, Led By Marketing

Asset managers are paying more attention to ESG — environmental, social and governance — concerns, according to a recent report from Northern Trust. “While many European markets have long made ESG a focus in their investment strategies, other mature markets in parts of North America and Asia have had a less straightforward approach,” Northern Trust reported, although recently Canadian asset managers have moved ahead of the U.S. “Alongside the pandemic, the summer of 2020 brought a global reckoning with racism, originating...