COVID-19 Archives - Page 35 of 109 - Pension Policy International

15JunJune 15, 2021

APAC pensions industry and recent trends in Japan

Pension assets across the largest pensions’ markets increased 11% in 2020, according to the Global Pensions Assets Study 2021 by Willis Towers Watson. Asia Pacific pension funds beat their peers in asset value growth in 2019, according to a report on the world’s top 300 pension funds by the Thinking Ahead Institute. Assets under management (AUM) of the top 20 pension funds grew 8.1% year-on-year in 2019, led by a 10.6% growth in the assets of Asia Pacific funds. Read...

June 15, 2021

News, Slider2021, Aging, Asia, COVID-19, Japan, Pension Reform

15JunJune 15, 2021

US. Lost 401(k) accounts and pensions: How lawmakers want to fix the problem

For workers who lose track of their 401(k) savings accounts, help may be on the way. Proposed retirement legislation that’s pending in Congress would create an online “lost and found” database to help locate those accounts, among a variety of other provisions. While lawmakers are in the early stages of considering changes, retirement advocates say the initiative — which also would help people access lost pension benefits — can’t come soon enough. “We have serious problems with retirees not being able...

June 15, 2021

News, Slider2021, COVID-19, Pension Management, Regulation, US

14JunJune 14, 2021

Chile. Los retiros anticipados de los fondos reducen los montos de las pensiones

A partir de las décadas de los 80 y 90 la mayoría de los países de América Latina iniciaron el camino para sustituir los sistemas previsionales de reparto que eran demográficamente insostenibles y, por estar influenciados por presiones políticas, injustos y regresivos. En su reemplazo, establecieron sistemas basados en la capitalización individual, en que los trabajadores financian sus pensiones con sus propios ahorros. Las altas tasas de rentabilidad obtenidas con la inversión de los recursos de los trabajadores que hicieron...

June 14, 2021

Noticias2021, América Latina, Chile, COVID-19, Retiro de Fondos

14JunJune 14, 2021

México. La inclusión financiera, un viacrucis para las personas en movilidad

En 2019 una mujer guatemalteca, a punto de naturalizarse mexicana y dueña de una joyería en la Ciudad de México, nos contó: “He vivido varios años en México, pero no puedo tener un crédito... en cualquier lugar me piden la INE y, aunque les explico que tengo la residencia [permanente], me lo niegan, dicen que así son las leyes. Por eso quiero ser mexicana, quiero un crédito para mi negocio”. Esta y otras historias reflejan una problemática real: la nula...

June 14, 2021

Noticias2021, América Latina, COVID-19, Inclusión Financiera, Mexico

14JunJune 14, 2021

Impact investing grows to address problems raised by pandemic

Sometimes a crisis can help bring positive change. For impact investing, the COVID-19 pandemic and the inequities it exposed are boosting its outlook. Read also Pension investors press companies over Myanmar human rights risks Impact investments are made with the intention of generating positive and measurable social, economic and environmental outcomes as well as a financial return. Asset owners and managers put them under various asset and strategy buckets, including ESG or sustainable investing — and note that the one shorthand...

June 14, 2021

News, Slider2021, COVID-19, Investment

14JunJune 14, 2021

UK. Watchdog warns of imbalance in pension schemes

Almost two thirds of pension schemes’ liabilities of €64 billion have been accumulated to pay the pensions of the one third of members who have already retired. The lopsided nature of scheme finances is revealed in figures from the Pensions Authority, which show that providing a guaranteed income in retirement is becoming increasingly unsustainable for the dwindling number of employers that offer them. The Pensions Authority warned that trustees were running too much investment risk as schemes struggled to remain solvent. “This...

June 14, 2021

News, Slider2021, COVID-19, Regulation, supervision, UK

14JunJune 14, 2021

US. Pensions under fire after PE underperforms

For decades, state pension funds have relied on the private equity industry to invest retirement savings for teachers, firefighters and other public-sector employees. But in recent years, critics of alternative assets have argued that pension managers, who oversee some $4.5 trillion across the US, would be better served investing in low-cost index funds that track the S&P 500 and avoiding PE's high fees. This past week, public pension fund managers threw PE detractors more red meat, raising larger questions about...

June 14, 2021

News, Slider2021, COVID-19, Pension Management, Returns, US

10JunJune 10, 2021

México. Sólo 30% de fondos administrados por Afores se invierte en proyectos productivos: Amafore

La Asociación Mexicana de Afores (Amafore) señaló que de los 5 billones de pesos que manejan las administradoras de fondos para el retiro (Afores), solamente 30 por ciento se invierte en proyectos productivos del sector privado y 50 por ciento se sigue prestando al gobierno, recolocar los recursos y darle una mayor profundidad al mercado de valores requiere la intervención de todo el ecosistema financiero, aseguró. Leer también México. La inclusión financiera, un viacrucis para las personas en movilidad El presidente...

June 10, 2021

Noticias2021, Administración de Pensiones, América Latina, COVID-19, Mexico

10JunJune 10, 2021

Chile. Presidente del Banco Central por retiro del 100% de AFP: “Significaría retroceder 100 años en el desarrollo de la seguridad social en Chile”

Luego de que los diputados Jorge Alessandri y Pamela Jiles hayan sugerido (por separado) la idea de un retiro del 100% de los fondos de AFP, el presidente del Banco Central, Mario Marcel, alzó la voz asegurando que aquello “tendría enormes costos para el país”. El presidente declaró que esto “significaría retroceder 100 años en el desarrollo de la seguridad social en Chile.Significaría volver a una época en que las personas tenían que arreglárselas solas“, dijo a radio Biobío. Esto, según...

June 10, 2021

Noticias2021, América Latina, Chile, COVID-19, Retiro de Fondos

10JunJune 10, 2021

UK. A third of DB schemes now have professional trustees

According to data obtained from the Pensions Regulator through a Freedom of Information request, 32 per cent of DB schemes used a professional trustee company in 2020-21, which compares with 20.1 per cent in 2015-16. This means one in three DB schemes now use a professional trustee company, while in 2015 only one in five pension funds used these services. LCP stated that the rise was due to the increased complexity and weight of new regulation, requirements and guidance on DB...

June 10, 2021

News, Slider2021, COVID-19, Pension Management, UK

June 2021