admin, Author at Pension Policy International

21FebFebruary 21, 2017

El fondo de pensiones de Canadá CPPIB, mayor inversor internacional en ‘private equity’

Si bien el entorno de bajos tipos de interés ha hecho que el capital riesgo tenga mayor tirón entre los inversores y que se estén incrementando las distribuciones a este tipo de activos, no todos los aportantes de recursos apuestan con igual intensidad por esta área y sigue habiendo categorías. ¿Quiénes son los financiadores del private equity más relevantes? Fondos de pensiones y proveedores norteamericanos abundan en el top 100. De hecho, el mayor inversor internacional reúne esas dos condiciones....

February 21, 2017

Noticias

21FebFebruary 21, 2017

“Where Are Our Pensions?” Ask Citizens

A number of pensioners and citizens have taken the National Unity Government (NUG) to task for failing to abide by its commitments to them. This was after President Ashraf Ghani and CEO Abdullah Abdullah had earlier pledged to improve the quality of public services in government institutions. On Sunday pensioners and other citizens said things have become worse in the government institutions during the past two and half years since NUG leaders took the charge. They also said that public services in...

February 21, 2017

News

21FebFebruary 21, 2017

China stocks rebound on hopes of speedy pension fund investment; HK also up

China shares rebounded on Monday, led by wine makers and banks, after media reports said pension funds may begin flowing into the country's stock markets as early as this week. The bullish sentiment spread to Hong Kong, where the market also advanced but by a more modest margin. China's CSI300 index rose 1.1 percent to 3,457.94 points by the end of the morning session, while the Shanghai Composite Index gained 0.8 percent to 3,227.33, recouping losses on Friday. Blue chips were on...

February 21, 2017

News

21FebFebruary 21, 2017

Pension funds of seven Chinese regions entrusted for investment

Seven Chinese provincial-level regions, including Beijing and Shanghai, have started entrusting their pension funds to the National Council for Social Security Fund (NCSSF) for investment. A total of 360 billion yuan (52.33 billion U.S. dollars) is being transferred from scattered bank accounts operated by local authorities to the NCSSF for centralized asset management, the Economic Information Daily reported on Tuesday. The move is the latest effort by China to improve returns of its vast locally managed pension funds, which have traditionally...

February 21, 2017

News

18FebFebruary 18, 2017

Brexit-bashing Lords receive £500k in EU pensions a year and aren’t allowed to criticise Brussels… but won’t say so in Brexit debate

BREXIT-bashing peers are pocketing generous EU pensions which depend on them flying the flag for their Brussels paymasters. But they will not be required to declare their gold-plated income if they speak in this week’s crucial debate on Britain’s withdrawal. The EU forks out over £500,000 a year in pensions to 30 former MEPs and officials in the Lords. They include seven ex-European Commissioners who swore an oath of loyalty to Brussels that means they risk losing their pension if they attack...

February 18, 2017

News

17FebFebruary 17, 2017

BRIEF-Canada Pension Plan Investment Board signs agreement to acquire 24.5% interest in houston office portfolio

* Canada pension plan investment board signs agreement to acquire 24.5% interest in houston office portfolio * Transaction values 100% of property at us$1.045 billion * To acquire an interest in greenway plaza and phoenix from parkway for an equity investment of us$141 million Read More: HERE

February 17, 2017

News

17FebFebruary 17, 2017

Reforming Pensions in Central Europe: Path Dependence and Path Departure in the Pension Systems of former Czechoslovakia

By Ivan Lesay Welfare states in general and pension systems specifically have been recently facing many economic, ideological, political and other challenges all around the world. However, welfare state retrenchment and pension reforms are most likely not to look the same in the post-Communist Europe as in other parts of the world. Almost a half century in the Soviet bloc prepared different political, economic, and institutional legacies for potential welfare state restructuring in Central-East Europe after the fall of Communism....

February 17, 2017

Books

17FebFebruary 17, 2017

Securing Pension Provision: The Challenge of Reforming the Age of Entitlement

By comparing Germany, France, the UK and the USA this study explores how governments have tackled the increased pressure of financing state pensions. Specifically, it looks at the approach of each of these countries to raising the age of entitlement in order to understand the ways in which this policy was introduced in different countries. Read More: HERE

February 17, 2017

Books

17FebFebruary 17, 2017

Reforming Pensions: A Short Guide

Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed...

February 17, 2017

Books

17FebFebruary 17, 2017

Averting the Old Age Crisis: Policies to Protect the Old and Promote Growth (World Bank Policy Research Report)

This policy-oriented book identifies the issues countries should consider as they reevaluate their old income security policies and formulate new methods. The choice between the various models for providing old-age security has broad implications for the operation of labor and capital markets, the fiscal system, and the level, growth, and distribution of GNP. The author concludes that a mixed strategy is more effective than any single method of income security. This will be an important book for international economists...

February 17, 2017

Books

February 2017