Pension Management Archives - Page 12 of 16 - Pension Policy International

12NovNovember 12, 2020

“Pension Funds in Figures 2020”

By OECD Preliminary data for 2019 show that pension funds held USD 32.3 trillion in the OECD area and USD 0.7 trillion in 29 other reporting jurisdictions (Table 1). The United States exhibited the largest amount of assets in pension funds at end-2019 (USD 18.8 trillion), followed by the United Kingdom (USD 3.6 trillion), Australia (USD 1.8 trillion), the Netherlands (USD 1.7 trillion), Canada (USD 1.5 trillion), Japan (USD 1.4 trillion) and Switzerland (USD 1.0 trillion). These seven countries...

November 12, 2020

Books, Pension Management, Reports2020, Investment

12NovNovember 12, 2020

What Matters in the Annuitization Decision?

By Mohamad Hassan Abou Daya, Carole Bernard We conduct a simultaneous test for several rational and behavioral factors which have been hypothesized to affect the uptake of life annuities on a sample of American individuals. In addition, we investigate whether analysts’ stock market expectations affect the decision to annuitize retirement wealth. We provide evidence that the effect of such expectations depends on the level of trust in them. We attribute our findings to the availability heuristic and default probabilities....

November 12, 2020

Articles, Pension Management2020, Investment, Payout, Public Policy

20OctOctober 20, 2020

Mercer CFA Institute Global Pension Index 2020

By Merced CFA Institute What makes a world-class pension system in 2020? Pension systems around the world are facing additional pressures in 2020. The widespread economic impact due to COVID-19 has had both immediate and long-term implications for retirees. Additionally, increasing life expectancies and rising pressure on public resources to support the health and welfare of older citizens will affect how citizens around the world will retire in the mid to long-term. “The economic recession caused by...

October 20, 2020

Adequacy, Books, Investment, Pension Management, Reports, Sustainability2020, Corporate Governance, COVID-19, ESG, Health, Income, Payout

09OctOctober 9, 2020

Social Security Programs and Retirement around the World: Micro-Estimation

By Jonathan Gruber, David A. Wise Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the...

October 9, 2020

Books, Pension Management2020, Government, Social Security

24SepSeptember 24, 2020

Big Data, Artificial Intelligence and Machine Learning: A Transformative Symbiosis in Favour of Financial Technology

By Charalampos Stasinakis, Georgios Sermpinis The financial technology revolution is a reality, as the financial world is gradually transforming into a digital domain of high-volume information and high-speed data transformation and processing. The more this transformation takes place, the more consumer and investor behaviour shifts towards a pro-technology attitude of financial services offered by market participants, financial institutions and financial technology companies. This new norm is confirming that information technology is driving innovation for financial technology. In this framework,...

September 24, 2020

Articles, Innovation, Pension Management2020, AI, Digital Financial Services, Fintech

18SepSeptember 18, 2020

COVID-19 and pensions in Latin America

By Ernesto Brodersohn In the last 2020 edition of “G7 Pensions LT Investment Summit. Modern Asset Allocation, ESG & Inclusive Growth” I was invited to deliver some remarks on the current situation of Pension Systems in Latin America in the juncture with the health and economic crisis of the COVID-19 pandemic. This sparked a quick updated stocktaking over the latest responses that different jurisdictions have been applying to pension schemes throughout the region. Over the past couple of months pension systems...

September 18, 2020

Articles, News, OP Ed, Pension Management, PPI’s original Op-Eds, Slider-LeftCOVID, OPED, Pension

11SepSeptember 11, 2020

The use of technology and innovative approaches in disaster and risk management: a characterization of Caribbean countries’ experiences

The application of technologies, research, development, promotion of innovative approaches and local knowledge to confront complex issues posed by hazards are important components of managing disaster risks and guiding informed decision-making. Hence commitments to support and enhance access to technologies and to foster innovative approaches to risk reduction, preparedness and resilient recovery are essential requirements for the management of current and future disasters in the Caribbean subregion. Considering the importance of Disaster and Risk Management (DRM), the aim...

September 11, 2020

Books, Books, Pension Management2020, Latin America, Risk, Technology

04SepSeptember 4, 2020

What You Do Is Who You Are: How to Create Your Business Culture

By Ben Horowitz Henry Louis Gates Ben Horowitz, a leading venture capitalist, modern management expert, and New York Times bestselling author, combines lessons both from history and from modern organizational practice with practical and often surprising advice to help executives build cultures that can weather both good and bad times. Ben Horowitz has long been fascinated by history, and particularly by how people behave differently than you'd expect. The time and circumstances in which they were raised...

September 4, 2020

Books, Pension Management2020, Corporate Governance, Investment

04SepSeptember 4, 2020

ESG Investing: Theory, Evidence, and Fiduciary Principles

By Max M. Schanzenbach, Robert H. Sitkoff Trustees and other investment fiduciaries of pensions, charities, and personal trusts, and those who advise them, face increasing pressure to rely on ESG factors in the investment management of tens of trillions of dollars of other people’s money. At the same time, however, confusion abounds about the intersection of fiduciary principles and ESG investing. This article cuts through that confusion to provide guidance about when and how ESG investing by trustees and...

September 4, 2020

Articles, Investment, Pension Management2020, Climate crisis, Corporate Governance, ESG

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

November 2020

“Pension Funds in Figures 2020”

What Matters in the Annuitization Decision?

October 2020

Mercer CFA Institute Global Pension Index 2020

September 2020

Big Data, Artificial Intelligence and Machine Learning: A Transformative Symbiosis in Favour of Financial Technology

COVID-19 and pensions in Latin America

The use of technology and innovative approaches in disaster and risk management: a characterization of Caribbean countries’ experiences

What You Do Is Who You Are: How to Create Your Business Culture

ESG Investing: Theory, Evidence, and Fiduciary Principles

August 2020

Study of an SB2 Beneficiary’s Pension Plan