Investment Archives - Page 11 of 13 - Pension Policy International

21AugAugust 21, 2020

Study of an SB2 Beneficiary’s Pension Plan

By Enriqueta Mancilla-Redón, Carmen Lozano Arizmendi The individual account pension system established by the Social Security Act 1997 shows that the contributions of beneficiaries invested in retirement fund managers have had negative returns and the investment instrument in which the contributions of the retirement savings system are invested are not known. The objective of this study is to analyze the contributions in AFORES of an SB2 classification beneficiary invested in SIEFORES and the performance they have generated that the...

August 21, 2020

Articles, Investment, Pension Management2020, Income, Latin America, Mexico, Replacement Rate

03AugAugust 3, 2020

Ranked: The Best and Worst Pension Plans, by Country

The global population is aging—by 2050, one in six people will be over the age of 65. As our aging population nears retirement and gets closer to cashing in their pensions, countries need to ensure their pension systems can withstand the extra strain. This graphic uses data from the Melbourne Mercer Global Pension Index (MMGPI) to showcase which countries are best equipped to support their older citizens, and which ones aren’t. The Breakdown Each country’s pension system has been shaped...

August 3, 2020

Adequacy, Articles, Investment, System Sustainability2020, Saving, Social Security

17JulJuly 17, 2020

Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations

By Tobin Hanspal, Annika Weber, Johannes Wohlfart We survey a representative sample of US households to study how exposure to the COVID-19 stock market crash affects expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations about retirement age, desired working hours, and household debt, but have only small effects on expected spending. We provide correlational and experimental evidence that beliefs about the duration of the stock market recovery shape households’ expectations about their own wealth and...

July 17, 2020

Articles, Investment2020, Coronavirus, COVID-19, US

10JulJuly 10, 2020

Environmental Concerns and Financial Performance: Evidence from the EU Regulatory Framework

By Ricardo Correia, Carmen Mendoza, Nuria Suárez We analyze the impact of carbon and greenhouse gas emissions on firms’ accounting and market performance. Over a sample of 115 non-financial firms from 9 European countries during the 2008-2016 period, our results suggest that higher volume of both country-level carbon and greenhouse emissions have, on average, a positive and statistically significant impact on firms’ accounting performance. However, no statistical effect is found in terms of stock market performance. The results are...

July 10, 2020

Articles, ESG, Investment, Regulation2020, Climate crisis, Europe, Pension Management

12JunJune 12, 2020

UK Pension Market Report 2020

By Research and Markets In 2019, UK pension funds received total contributions of £241 billion, representing a 10% rise over the level of 2018. In 2019, contributions to workplace pensions represented 70% of total contributions and this is expected to rise to 71% in 2020. In 2019, the publisher estimates that 2.4 million new pension products were sold to members of the public. In 2019, just over 21 million employees in the UK had a workplace pension with most of...

June 12, 2020

Books, Investment, Pension Management, Reports2020, Adequacy, Coronavirus, COVID-19, System sustainability, UK

22MayMay 22, 2020

How People React to Pension Risk

By Nicolas Salamanca, Andries De Grip, Olaf Sleijpen We show that people exposed to greater pension risk are less likely to invest in risky assets. We exploit a reform that links people’s future pension benefits to their pension funds’ funding ratio — a measure of the fund’s financial health — making funding ratios a fund-specific measure of pension risk. The effect of pension risk is stronger for people who are better informed about their pensions, for retirees and pension-age...

May 22, 2020

Articles, Investment, Pension Management2020, Behavioral Science, Europe, Netherlands, Risk

15MayMay 15, 2020

Selfies can help Brazil create a super supplementary pension

By Arun Muralidhar, Robert C. Merton, Alexandre Vitorino Brazilian policy makers and researchers have discussed the introduction of a complementary pension system to complement the Regime Geral de Previdência Social (RGPS), specially for those that want a retirement income above the RGPS ceiling. This article first recommends that the complementary system must be SUPER (Simple, Universal, Portable, Efficient with low cost and Robust Regulatation). It then proposes the adoption of a financial innovation called SeLFIES (Standard-of-Living, Forward-starting, Income-only Securities),...

May 15, 2020

Articles, Investment, Pension design2020, Brazil, Latin America, Pension Payout, Social Security

18AprApril 18, 2020

Pension Funding Index April 2020

By Charles J. Clark and Zorast Wadia Milliman analysis: Corporate pensions in March see surprising $93 billion funded status gain from massive surge in discount rates, despite heavy investment losses Milliman 100 PFI funded ratio improves to 85.6% The funded status of the 100 largest corporate defined benefit pension plans rose by $93 billion during March as measured by the Milliman 100 Pension Funding Index (PFI). The funded status deficit improved to $255 billion at the end of March...

April 18, 2020

Books, Investment, Pension Management, Reports2020, Funding

08AprApril 8, 2020

Regime-Switching in the Volatility of Mexican Pension Fund Returns

By Francisco López-Herrera, Marissa R. Martínez-Preece, Roberto Joaquín Santillán-Salgado Several Latin American countries reformed their retirement-pension systems during the 1980s and 1990s because the previous funded or pay-as-you-go systems were deemed insufficient to support the rapidly growing aging populations. Mexico was no exception, and in 1997 it replaced its traditional pay-as-you-go system with a privately managed scheme, in which contributions by or on behalf of active workers are deposited in individual accounts and channeled to a privately managed pension...

April 8, 2020

Articles, Investment

06AprApril 6, 2020

PPI Coverage: Coronavirus’s effects on pensions

No Country for Old Men (or Women): The Impact of Migration on Pension Funding Adequacy and Sustainability 10/09/2022 Retirement security is of paramount importance to working people. Adequate retirement income is also a leading concern for private and public pension systems. Changes in Retirement Savings During the COVID Pandemic19/08/2022 This paper documents changes in retirement saving patterns at the onset of the COVID-19 pandemic. COVID-19 Private Pension Withdrawals and Unemployment Tenures 08/07/2022 This is the first study to evaluate the...

April 6, 2020

Investing, Investment, News, Slider-Left, UncategorizedCoronavirus, COVID-19

August 2020

Study of an SB2 Beneficiary’s Pension Plan

July 2020

Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations

Environmental Concerns and Financial Performance: Evidence from the EU Regulatory Framework

June 2020

UK Pension Market Report 2020

May 2020

How People React to Pension Risk

April 2020

Pension Funding Index April 2020

Regime-Switching in the Volatility of Mexican Pension Fund Returns

PPI Coverage: Coronavirus’s effects on pensions