News Archives - Page 779 of 796 - Pension Policy International

19AprApril 19, 2017

Vizor Software Selected by the Pensions and Insurance Authority Zambia

Today, Vizor Ltd announced that its regulatory reporting solution will be implemented at the Pensions and Insurance Authority of Zambia (PIA), where it will be used to strengthen and enhance the regulatory capacity of the PIA by enabling all regulated entities to electronically submit and manage: 1. Applications for registration & licensing of regulated entities; 2. Applications for authorization of appointments, and fit & proper persons; 3. File and Use applications for products, reinsurance treaties, and investment policy; and, 4. Audited Annual Financial...

April 19, 2017

NewsZambia

19AprApril 19, 2017

BMW strike continues in the UK and Mini car production halts

Workers at three BMW plants in the UK are staging a one-day strike in a row over pensions. The walkout, the first by BMW staff in Britain, is part of a wave of stoppages at the carmaker over the closure of a final-salary pension scheme. The Unite union, which organised the action that has halted output of the Mini, called the strike a last resort and accused BMW of "pension robbery". BMW urged the union to return to the negotiating table. According to...

April 19, 2017

NewsUK

19AprApril 19, 2017

Uganda: Reforms – Will Pensioners Benefit From NSSF’s Loss of Monopoly?

The Finance Committee of Parliament has been receiving views on the proposed plans to liberalise the pension sector in Uganda. And what has been the dominant topic is ending the monopoly of the National Social Security Fund (NSSF). Indeed, a closer look at the Liberalisation Bill, there is a clause that recommends the repeal of the NSSF Act. Among the many things faulted in the country's economy is the low level of domestic savings. The low savings have been blamed for...

April 19, 2017

News, OP EdUganda

19AprApril 19, 2017

As the Clock Ticks, Senate Stalls on State-Run Retirement Plans

Late last month, Congress voted to overturn an Obama-era rule that cleared the way for cities to create retirement programs for private-sector workers that didn't have one through their employer. But a similar resolution targeting the rule as it applies to states is stuck. For the past three weeks, that resolution has lingered in uncertainty as the Senate stalls on taking an up or down vote. Many believe that signals an opportunity. "Based on the conversations we've had with staff and...

April 19, 2017

NewsUS

19AprApril 19, 2017

Brazil waters down pension reform as protests turn violent

Brazilian President Michel Temer on Tuesday made new concessions to ease passage of an unpopular pension reform bill, leading police unions to try and invade Congress in the latest angry demonstration from a labor group. The watered-down proposal, which has faced pressure from skittish lawmakers, has raised doubts among investors about how close it will come to the original goal of narrowing a huge and growing budget deficit. After the details of the new proposal were revealed on Tuesday, protesting police...

April 19, 2017

NewsBrazil

19AprApril 19, 2017

NPRA baits informal workers

The National Pensions Regulatory Authority (NPRA) has slashed the registration fee for corporate trustees wishing to operate in the informal sector from GH¢5,000 to GH¢1,000, as part of measures aimed at enticing more trustees to rope non-formal workers into the pension scheme. The authority has also reduced the individual trustee informal sector licensing fee from GH¢5,000 to GH¢500. The measures, which took immediate effect, are expected to help encourage high participation of corporate trustees in the informal sector. The reduction in the...

April 19, 2017

NewsGhana

19AprApril 19, 2017

Violence will not slow down pension reform: President Tsai

President Tsai Ing-wen (蔡英文) said on Wednesday at the Presidential Office, with anti-pension reform demonstrators protesting outside the Legislative Yuan, that violence will not be allowed to slow down pension reform and anyone who engages in violence will be held accountable for their actions. Following an overnight sleepover protest against pension reforms, protesters composed mainly of public servants, teachers and military personnel rallied outside the Legislative Yuan complex on Wednesday, shouting anti-pension reform slogans, blocking legislators from entering the complex...

April 19, 2017

NewsTaipei

18AprApril 18, 2017

“Pension tax could discourage savings” Interview with Stanlib Uganda’s General Manager

What are the key elements in your management philosophy as a manager? A managerial role normally comes with responsibilities over the operations of the entire company and you cannot do things on your own. It is a team effort. I work with experts in the various departments to ensure that the company meets its goals. What is your assessment of fund and investment management in Uganda? We have been in Uganda since 2001 although handling mostly institutional or large scale investment management....

April 18, 2017

NewsUganda

18AprApril 18, 2017

UK. Providers Take First Steps Towards Pension Dashboard

The government has challenged pension providers to build a fintech app that will revolutionise retirement planning by showing all a saver’s pensions in one online place. Pension dashboards are a way of urging retirement savers to put more money aside for when they give up work by helping them see just how much they have saved – and how much money they need for a comfortable retirement. According to official statistics, most workers will have at least 11 jobs during their...

April 18, 2017

NewsUK

18AprApril 18, 2017

Can Pension Funds Help Solve Africa’s Infrastructure Deficit?

Despite the global focus on growth trends in Africa, one trend has flown mostly below the radar: the increase in the number and size of pension funds. In addition to evidencing increased income security, the continent’s growing number of pension funds could potentially be a new source of funding to address Africa’s infrastructure deficit, estimated by Ernst & Young to be $90 billion annually. African pension funds, which are currently estimated to hold USD 334 billion in assets, are now...

April 18, 2017

News, OP EdAfrica

April 2017