February 2017

03Feb

Efectos de la educación en el nivel de las contribuciones a los planes privados de pensiones de las familias en España

By José Sánchez Campillo, Dolores Moreno, José Rodríguez En este trabajo se abordan los efectos de la educación en el comportamiento financiero de las familias españolas, con relación a la contratación de los planes privados de pensiones. Se realizan varias estimaciones de la probabilidad de tener planes de pensiones y de realizar aportaciones a los mismos, utilizando el modelo logit y los microdatos de la Encuesta Financiera de las Familias del Banco de España del 2005. Los resultados muestran que...

February 3, 2017
Artículos, Noticias, Spanish,
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03Feb

Saving and taxation in a voluntary pension system : toward an agent-based model

By Balázs Király Mandatory pension systems only partially replace old-age income, therefore the government also operates a voluntary pension system, where savings are matched by government grants. Accounting for the resulting tax expenditure, our models describe the income flow from shortsighted to farsighted workers. 1. In rational models, explicit results are obtained, showing the limited learning of shortsighted workers. 2. In agent-based models, this learning is improved and this raises the shortsighted workers' saving and reduces perverse income redistribution. (more…)

February 3, 2017
Savings, System Sustainability, , ,
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03Feb

The Challenge of Public Pension Reform in Advanced and Emerging Economies

By Benedict J. Celements, Mauricio Soto et. al. Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a...

February 3, 2017
Regulation
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January 2017

31Jan

70th Annual National Conference

The 70th Annual National Conference will be held May 2-3, 2017 at the Drake Hotel in downtown Chicago on the Magnificent Mile. The theme is The World of Retirement. Learn how to nagivage the changing world at the conference. In 2017 PSCA will be celebrating its 70th anniversary! Come celebrate with us at the National Conference, and learn the newest trends in definied contribution, non-qualified plans and HSAs from thought leaders and your peers. Click here for more information

January 31, 2017
Event
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20Jan

A Trillion-Dollar Question: Why Don’t More Women Run Mutual Funds?

If you stop to consider who runs the thousands of mutual funds in America, you might conjure up an image of offices full of men. Then your brain might auto-correct to include some fund managers who are women. But how many? Perhaps you’d estimate that about 30 percent to 35 percent of fund managers are female — which is similar to the number of doctors and lawyers who are women, according to the Census Bureau. In fact, a paltry 9.4 percent...

January 20, 2017
News
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20Jan

A Rare Corner of Finance Where Women Dominate

Once a year, a small group of executives who control trillions of dollars in American companies meet for lunch in Manhattan. Among the things they discuss: pushing for greater say in how companies are run. It is an elite gathering, but you will not see a single man in a suit in the room. The event, called the Women in Governance lunch, underscores a rare corner in finance where women dominate. Women hold the top positions in corporate governance at many...

January 20, 2017
News
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20Jan

Es conveniente liberar régimen de inversión: Principal

Una vez que Donald Trump tome posesión como el nuevo presidente de Estados Unidos, sería conveniente que el régimen de inversión de las administradoras de fondos para el retiro (afore) se flexibilice para buscar mejores rendimientos en los mercados, indicó Mariano Ugarte del Solar, director general interino de Principal Afore. “Ésta es la mejor coyuntura para hablar de flexibilizar el régimen de inversión. Hoy todas las afores están al límite de lo que se permite invertir en el exterior que es...

January 20, 2017
Noticias, Spanish
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