July 2019

02Jul

Bulgaria. More than 2,130,000 Pensioners Will Receive an Increase of 5.7% on Their Pensions From Today

More than 2,130,000 pensioners will receive an increase of 5.7 percent on their pensions from today - 1 July. The change is in compliance with the Social Insurance Code provided for by all pension payments granted starting with 31 December 2018. This was announced by the National Social Security Institute.An increase by the same percentage of today will also apply to pensions that are equated to the minimum amount for the type of pension, including those granted in 2019....

July 2, 2019
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01Jul

Zimbabwe. IPEC’s new boss buoyant

The newly-appointed Insurance and Pensions Commission (IPEC) commissioner Grace Muradzikwa says Zimbabwe’s insurance industry has shown resilience despite the economic turbulence.Muradzikwa (GM), an insurance industry veteran, told our business editor, Kuda Chideme (KC), in an exclusive interview that the industry was “safe and stable”. Below are excerpts from the interview.KC: Congratulations on your latest appointment, which comes at a very crucial point in the history of the insurance sector and the country’s entire financial services industry. What is your...

July 1, 2019
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01Jul

India.Denied pensions for six years, nearly 200,000 senior citizens in Delhi are forced to work again

Kamru Jamaal’s life would be easier if he got the monthly pension of Rs 1,000 that New Delhi’s municipal corporations are supposed to pay their poor senior citizens. At 73, he makes a living driving a cycle-rickshaw on the streets of North Delhi’s Kingsway Camp area.“I can’t remember how long I haven’t been paid a pension,” said Jamaal, who migrated to Delhi from Bihar’s Supaul district decades ago in search of a livelihood.The money would have also allowed Ram...

July 1, 2019
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August 2018

10Aug

Why Innovation And Regulation Should Work Together

If there is one single matter that worries tech leaders today it is the difficulty in conciliating innovation and regulation. Most companies, from tech giants to startups, are still trying to adjust to the EU's General Data Protection Regulation (GDPR), and yet more of the same is coming. The next step will be the adoption of the EU’s ePrivacy Regulation, which will be published toward the end of 2018 or early 2019. Recently, lawmakers signed the California Consumer Privacy Act...

August 10, 2018
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08Aug

Thought-Leading Fintech Session Predicts The Future Is Chat-Bots

It’s not often that thought-leaders gather around a table, but that’s exactly what the University of Essex and insurance industry disrupters Hood Group set out to do. Just last month they pulled together industry leaders to talk about cyber security, how we analyse our data and waves in artificial intelligence. And although top-name specialists from Microsoft, Filament, Profusion, and Signal Media attended, the real buzzword of the day was ‘chat-bot’ as they discussed the implications these handy automated new teams...

August 8, 2018
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07Aug

US. The Call to Care for Aging Parents Comes Sooner Now

Adrienne Glusman was 29, single and carefree when she became her mother’s caregiver. The only child of divorced parents, Ms. Glusman was living in New York City at the time, working, traveling, and going out with friends. Her mother, Hetty, in her mid-60s, was retired and living in Florida when she was diagnosed with Parkinson’s disease. It seemed manageable, until she fell, hit her head and wasn’t discovered for 12 hours. Read more The wall street journal

August 7, 2018
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February 2017

28Feb

Retirement Spending and Biological Age

By Huang Huaxiong, Moshe A. Milevsky & T. S. Salisbury (York University) Abstract:     We solve a retirement lifecycle model in which the consumer's age does not move in lockstep with calendar time. Instead, biological age increases at a stochastic non-linear rate in chronological age, which one can think of as working with a clock that occasionally moves backwards in time. Our paper is inspired by the growing body of medical literature that has identified biomarkers of aging which --...

February 28, 2017
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