Mexico Archives - Page 149 of 150 - Pension Policy International

13SepSeptember 13, 2018

Mexico. ‘It needs to be absolutely clean’: How Sergio Méndez leads Mexico’s biggest pension fund

At the helm of Mexico’s largest pension fund, Sergio Méndez faces a regulatory sea change and a volatile economic backdrop. The key is to have a flexible battle plan. Before I sat down to interview Sergio Méndez, the chief investment officer of Afore XXI Banorte, there were some topics that I was pretty certain would come up – Mexico’s changing regulatory environment, its roller coaster market ride, Donald Trump – and so I prepared accordingly. But one subject I had definitely...

September 13, 2018

News, Slider2018, Mexico

31JulJuly 31, 2018

Under-Rewarded Efforts. The Elusive Quest for Prosperity in Mexico

By Santiago Levy My hope is that this book will appeal to all those interested in Mexico’s development. With that purpose in mind, I tried to write a book with a minimum of specialized language and technical terms, so it could be read by many. I hope academic economists find that the central elements of the narrative are sufficiently supported by empirical evidence, even if not all of them are treated with the technical rigor that they would like to...

July 31, 2018

Books, System Sustainability2018, Mexico, Political economy

27FebFebruary 27, 2018

Occupational pension schemes in Mexico

What are the most common types of pension scheme provided by employers for their employees in your jurisdiction? By means of withholding, employers must pay: social security fees to the Mexican Social Security Institute; housing fees to the National Workers' Housing Fund Institute; and retirement fees to the Retirement Savings System. Read More: Lexology

February 27, 2018

NewsMexico

21NovNovember 21, 2017

Mexico’s presidential front-runner vows stable economy; aide urges NAFTA delay

Mexico’s leftist presidential hopeful Andres Manuel Lopez Obrador vowed on Monday to boost infrastructure spending but guard economic stability, while his team reiterated that ongoing NAFTA talks should be put off until after next year’s election. Lopez Obrador, the front-runner in most polls ahead of the July vote, unveiled a platform that envisioned an austere government to root out corruption and redirect spending to public works and social programs without new taxes or raising the debt-to-GDP ratio. He rebutted claims he...

November 21, 2017

News, SliderMexico

03NovNovember 3, 2017

What are the effects of expanding a social pension program on extreme poverty and labor supply ? evidence from Mexico's pension program for the elderly (English)

By Clemente Avila Parra & David Ricardo Escamilla Guerrero In 2013, Mexico's Social Pension Program for the Elderly was expanded by changing its eligibility threshold from age 70 to age 65. Using pooled cross-sectional data from Mexico's National Household Income and Expenditure Survey, the exogenous variation around eligibility age was exploited to uncover the causal effects of this expansion on extreme poverty and labor supply of the newly eligible population, and to explore potential transmission mechanisms. Applying quasi-experimental methods, results...

November 3, 2017

Articles, Labor Market, Pension design, Slider-LeftFinancial Inclusion, Mexico, Political economy, Public Policy, Social Protection

03NovNovember 3, 2017

What are the effects of expanding a social pension program on extreme poverty and labor supply ? evidence from Mexico’s pension program for the elderly (English)

By Clemente Avila Parra & David Ricardo Escamilla Guerrero In 2013, Mexico's Social Pension Program for the Elderly was expanded by changing its eligibility threshold from age 70 to age 65. Using pooled cross-sectional data from Mexico's National Household Income and Expenditure Survey, the exogenous variation around eligibility age was exploited to uncover the causal effects of this expansion on extreme poverty and labor supply of the newly eligible population, and to explore potential transmission mechanisms. Applying quasi-experimental methods, results...

November 3, 2017

Articles, Labor Market, Pension design, Slider-LeftFinancial Inclusion, Mexico, Political economy, Public Policy, Social Protection

27OctOctober 27, 2017

Principal to Acquire MetLife Afore in Mexico

Today, Principal Financial Group® announced it has signed an agreement to acquire full ownership of MetLife Afore, S.A. de C.V. (“MetLife Afore”), MetLife, Inc.’s pension fund management business in Mexico, subject to regulatory approval. With nearly 25 years in Mexico, Principal is committed to growing across its mandatory pension, voluntary long-term savings, and mutual funds businesses. “As the middle class in emerging markets continues to grow, there is increasing demand for long-term retirement and investing products that enable individuals to...

October 27, 2017

News, SliderMexico

10OctOctober 10, 2017

Canada. CDPQ and CKD IM acquire Mexican wind and solar assets of Enel Green Power, for a total capacity of 1,712 MW

La Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, and CKD Infraestructura México (CKD IM), a consortium of Mexican institutional investors, announced today the acquisition of 80% of a portfolio of eight wind and solar assets owned by Enel Green Power(Enel), a global leader in renewable energy. Following this transaction, Enel will remain the operator and retain 20% of the portfolio. This is a major investment for CDPQ and CKD IM, a group consisting of Mexican pension fund managers...

October 10, 2017

NewsCanada, Mexico

22SepSeptember 22, 2017

Using Behavioral Science to Increase Retirement Savings

By Andrew Fertig, Jaclyn Lefkowitz & Alissa Fishbane We all deserve a dignified retirement, yet for many of us saving enough remains an obscure, unrealized goal. In an ideal world, planning for our retirement would begin with our first job, continue throughout our working years, and end in sufficient savings for a comfortable future. This pathway may be possible for the few among us with employer-provided pensions, where someone else handles all the planning and saving. Yet trends in the retirement...

September 22, 2017

Articles, Investing, Savings, Slider-Left, System SustainabilityBehavior, Financial Education, Financial Inclusion, Mexico, People, Replacement Rate, Savings

20SepSeptember 20, 2017

Borrowing on the Wrong Credit Card: Evidence from Mexico

By Alejandro Ponce (World Justice Project), Enrique Seira (Banco de México; ITAM) & Guillermo Zamarripa (FUNDEF, Mexico) We study how consumers allocate debt across credit cards they already hold using new data on credit card activity for a representative sample of consumers with two homogeneous cards in Mexico. We find that relative prices are a very weak predictor of the allocation of debt, purchases, and payments. On average, consumers pay 31 % above their minimum financing cost. Evidence on cross-card...

September 20, 2017

Articles, Management, SavingsMexico

September 2018

Mexico. ‘It needs to be absolutely clean’: How Sergio Méndez leads Mexico’s biggest pension fund

July 2018

Under-Rewarded Efforts. The Elusive Quest for Prosperity in Mexico

February 2018

Occupational pension schemes in Mexico

November 2017

Mexico’s presidential front-runner vows stable economy; aide urges NAFTA delay

October 2017

Principal to Acquire MetLife Afore in Mexico

Canada. CDPQ and CKD IM acquire Mexican wind and solar assets of Enel Green Power, for a total capacity of 1,712 MW

September 2017

Using Behavioral Science to Increase Retirement Savings

Borrowing on the Wrong Credit Card: Evidence from Mexico