Nine senators urged the Labor Department and Office of Management and Budget to quickly finalize the DOL’s pro ...
Most of the public want the government to do more to address pensions adequacy and to ensure the industry is t ...
The government wants to revise the pensions scheme to enable Kenyans save for a retirement home and pay for me ...
The number of personal pension fund accounts surged last year, but the scheme designed to shore up China’s pen ...
The chief executive of the world’s largest asset manager is warning of a future “retirement crisis”, as pensio ...
Today, the Albanese Government has introduced the first tranche of legislation to deliver its comprehensive pa ...
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ARTICLES
Older Workers, Pension Reforms and Firm Outcomes
By Francesca Carta, Francesco D’Amuri & Till Von Wachter Using Italian matched worker-firm data, this paper quantifies the effect of an exogenous increase in older workers driven by an unexpected raise in statutory retirement ages on medium and large firms’ input mix and economic outcomes. Data on lifetime pension contributions are used to calculate the […]
Leveraging FinTech Compliance to Mitigate Cryptocurrency Volatility for Secure US Employee Retirement Benefits: Bitcoin ETF Case Study
By Samuel Oladiipo Olabanji, Tunbosun Oyewale Oladoyinbo, Christopher Uzoma Asonze, Chinasa Adigwe, Olalekan J Okunleye & Oluwaseun Oladeji Olaniyi The integration of cryptocurrencies, particularly Bitcoin, into retirement savings plans has recently garnered significant attention. This interest has been amplified by the U.S. Securities and Exchange Commission’s approval of Bitcoin Exchange-Traded Funds (ETFs) in January 2024 […]
Autonomy or Delegation, Libertarianism or Paternalism: What I Like for Myself and What I Like for Others on Pension Savings
By Carmen Sainz Villalba By using an online survey conducted with Bilendi&Respondi, we correlate the variables of people’s perception of howdifferent they are from others with respect to their pension plan preferences, how informed they are about financial matters in general, and what are their preferences toward the government intervention of savings plans. The empirical […]
NEWS
US. Group of senators urge finalization of DOL fiduciary rule
Nine senators urged the Labor Department and Office of Management and Budget to quickly finalize the DOL’s proposed rule amending the definition of a fiduciary. The Labor Department proposed the Retirement Security Rule, commonly referred to as the fiduciary rule, in late October. The rule would make changes to the definition of an investment advice […]
UK. Data shows public concern about pensions adequacy and climate change
Most of the public want the government to do more to address pensions adequacy and to ensure the industry is tackling the climate crisis, research from ShareAction, Make My Money Matter and Finance Innovation Lab finds. The research from the responsible investment organisations – which polled 2,000 UK adults this month – found three quarters (77%) of […]
Kenya. Treasury Unveils New Retirement Policy With Enhanced Benefits
The government wants to revise the pensions scheme to enable Kenyans save for a retirement home and pay for medical care after retirement. According to the draft National Retirement Benefits Policy released by the National Treasury, a significant number of Kenyans are facing challenges in accessing housing and healthcare services after retirement. The Treasury pointed […]
Surge in China personal pension accounts, contributions lag
The number of personal pension fund accounts surged last year, but the scheme designed to shore up China’s pension system remained hamstrung by low contributions and a lack of investment, reports Caixin. More than 50 million people had set up personal pension accounts as of the end of last year, Zhai Yanli, director-general of the Social […]