May 2023
02May

Germany has a plan to tackle a rapidly aging workforce: recruiting robots

A robot takeover has long been the stuff of science fiction, but digitalization could be key in solving Germany’s labor shortage crisis, as its population ages. A record 45.9 million people were employed by Europe’s largest economy in the fourth quarter of 2022, the German Federal Statistical Office found. But, while more people than ever have jobs, over half of German companies reported that they were struggling to find skilled workers to fill vacancies, according to German Chambers of Commerce...

May 2, 2023
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April 2023
26Apr

Social protection and response to covid-19 in Latin America and the Caribbean: Innovations in registration and payment systems

By Nurth Palomo, Luis Vargas Faulbaum, Anna Carolina Machado, Camila Rolon and Fábio Veras Soares, Monica Rubio, Florencia Alejandre & Gerardo Escaroz The outbreak of the COVID-19 pandemic has hit the foundations of the economy and provoked devastating social effects in all the countries in the world, being Latin America and the Caribbean (LAC) one of the most affected regions. As of mid-March 2021, there were 37 million reported cases in the region and a staggering 1,275,567 deaths, equivalent to...

April 26, 2023
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25Apr

Dashboard provider PensionSmith launches in UK

The integrated member web, education and communications platform has been operating in South Africa and Namibia since 2019 as ‘The Benefit Counsellor’. Having spent the last four years developing its platform, the firm has over 400,000 active members in South Africa, with a monthly engagement rate of over 50 per cent. The platform offers tools for member communication, member education, and aims to add a pension dashboard connection to allow members to view and interact with all their pension plans in...

April 25, 2023
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14Apr

PensionBee. Annual Report and Financial Statements 2022

By PensionBee PensionBee is a leading online pension provider in the UK, with a mission to make pensions simple, so that everyone can look forward to a happy retirement. We are a direct-to-consumer financial technology company with approximately 183,000 Invested Customers and £3.0bn of Assets under Administration (‘AUA’) as at 31 December 2022 (2021: 117,000 Invested Customers and  £2.6bn of AUA). We deliver a leading customer proposition to pension holders in the UK defined contribution pensions market, catering for the mass...

April 14, 2023
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March 2023
09Mar

Uganda: Digital Technologies Enable Women Take Charge of Their Retirement Prospects

International Women's Day is a good time to apply a gender lens to all aspects of life - not only to draw attention to the traditional challenges and gaps, but also to mark achievements and to spotlight the opportunities yet to be exploited. This year's theme - innovation and technology for gender equality - is an opportunity to reflect on the unexploited potential of ICTs, that could make women realise their dreams and aspire for higher goals. Access and use of...

March 9, 2023
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February 2023
22Feb

UK. Pension schemes urged to utilise technology to improve saver experience

The Pensions Administration Standards Association (Pasa) has launched a whitepaper, Focusing on a Saver-Centric experience, encouraging pension schemes to leverage technology to ensure that recent admin enhancements aren’t "tactical and short term". The whitepaper found that an "overwhelming majority" of those interviewed viewed eAdmin as a ‘must have’ in today’s environment and have set aside the required budgets. It also found that developments are being prioritised by assessing the saver experience, operational efficiency, environmental impact and regulatory requirements, and are no...

February 22, 2023
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20Feb

Tech Opportunities In Climate Change And An Aging Population

Tech opportunities in areas like 5-G, cloud computing, healthcare, and finance took up the last posting. This one examines opportunities in meeting two huge issues facing the world’s economies: the growing number of older retirees in populations and the big kahuna of climate change. Seldom do all the answers to these or any other problems lie in technological solutions, but tech certainly will have a role to play and a prominent one. The growing proportion of older people in the population...

February 20, 2023
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17Feb

UK. Industry organisations call for ‘urgent’ clarity on pensions dashboards

Industry experts have argued that “regulatory certainty” around pensions dashboards is needed as quickly as possible, with concerns over the timing and implementation of pensions dashboards emerging ahead of the first scheme staging deadlines. The Financial Conduct Authority (FCA) and Pensions Dashboards Programme (PDP) recently held consultations to gather views on proposed design standards for pension dashboards, and the regulatory framework for operators, both of which closed today (16 February). However, whilst the consultations were broadly welcomed by industry experts, concerns...

February 17, 2023
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08Feb

UK. Multiple Pensions Dashboards Already a Reality Says Moneyhub in FCA and PDP Consultation Response

Moneyhub, the award-winning Open Data platform and alpha partner to the Pensions Dashboards Programme (PDP) has highlighted the Financial Conduct Authority’s (FCA’s) support for multiple pensions dashboards saying this is already a reality, in its response to the FCA and PDP’s consultations. Moneyhub has also called for a greater emphasis on taking action as part of its response. In its response to the consultations ahead of the 16th February deadline, Moneyhub welcomed the FCA’s and PDP’s proposals, focusing in particular on...

February 8, 2023
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01Feb

Healthcare Technology International Perspective Report

By Dr. Michael Twomey THE COVID-19 PANDEMIC is putting vast pressure on the worldwide health care sector’s labour force, infrastructure, and supply chain, and revealing social inequities in health and care. Moreover, COVID-19 is hastening transformation throughout the ecosystem, requiring public and private health systems to acclimatise and innovate swiftly. A number of key changes are appearing from and being worsened by COVID-19’s expanse. For instance, consumers’ growing participation in healthcare decision-making; the swift embracing of virtual health and other digital...

February 1, 2023
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