March 2019

La mitad de las mujeres españolas cree que no tendrá una buena jubilación

El 48% de las mujeres españolas se muestra pesimista frente a su jubilación. Es la principal conclusión que se extrae de del Estudio Anual de Preparación para la jubilación de Aegon realizado en 15 países. Frente al 37% de media global, el 26% de las españolas afirma que sí ahorra de forma habitual para su jubilación, mientras que un 9% admite que no hace nada ni lo hará encaminado a ese objetivo. Las mujeres españolas son bastante más pesimistas...

El Salvador. Partidos abiertos a revisar cobro de comisión de AFP

Los partidos Alianza Republicana Nacionalista (Arena), Gran Alianza por la Unidad Nacional (Gana) y Partido de Concertación Nacional (PCN) creen que es posible revisar y reducir el porcentaje que cobran las Administradoras de Fondos para Pensiones (AFP) por la administración de la cuenta y el cobro del seguro de invalidez como una opción para aumentar los ahorros de los cotizantes. La última reforma a la Ley del Sistema de Ahorro para Pensiones, aprobada el 28 de septiembre de 2017,...

México. Resisten grandes Afores bajar comisiones

Banorte, Citibanamex y SURA son las Administradoras de Fondos de Retiro (Afores) que menos han bajado su comisión en los últimos cinco años, pese a que son las más grandes, según el Informe al cuarto trimestre del 2018 que la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) entregó al Congreso. Leer más @Reforma

How sustainable income levels can protect portfolio strength

Taking a sustainable level of income is important in helping drawdown customers maintain a resilient portfolio during periods of investment volatility. Customers in income drawdown should think about the impact of volatility on their pension. While someone building up a pension can mitigate the effect of market falls by continuing to make contributions to their pension, those in income drawdown are not only not making contributions, they are actively drawing down their fund so it has less chance to...

Time to grow up over issue of ageing and the workplace

It is a long time since an Irish Taoiseach - Charlie Haughey – was able to boast about the country’s youthful population, about the fact that half of us were aged under 25. Back in the 1980s, we were young and poor, by European standards. The problem was a lack of jobs for our growing population. Since then, we have grown middle-aged. As family sizes have fallen, we have enjoyed what economists refer to as a "demographic dividend" as...

China’s social endowment insurance covers over 523 mln people

China's social endowment insurance for rural and urban residents has covered over 523 million people by the end of 2018, according to the Ministry of Human Resources and Social Security (MOHRSS). Over 49 million people in poverty have benefited from the insurance program directly, MOHRSS data showed. The unemployment insurance premium has allocated 1.82 billion yuan (about 272 million U.S. dollars) of living subsidies to 402,000 migrant workers who had lost their jobs, the ministry said. The social endowment...

Ireland. Public sector ‘benefits the most’ from tax reliefs on pensions

Public servants are the biggest beneficiaries of the tax reliefs on pension contributions, a new report has found. This means that any move to reduce the tax reliefs will hit Government workers hard, prompting them to seek higher pay. The paper, by leading pensions actuaries Tony Gilhawley and Roma Burke, found that the State's contribution to the pension of an average public servant recruited before 2013 is 29pc of their salary, rising to 53pc for gardaí. Private sector workers...

Staying Put: Adapting the Places Instead of the People

By Susan Lanspery &‎ Joan Hyde Most existing housing offers a poor fit for older people and people with disabilities, and new construction adds less than 2 per cent to the housing each year. Ninety-nine percent of the housing that will be in use in the year 2000 exists today. The long-needed anthology "Staying Put: Adapting the Places Instead of the People" emphasizes the disabilities and abilities of environments instead of individuals. With contributions from leading authorities, it integrates a...

Designing Public Policies: Principles and Instruments

By Michael Howlett The second edition of this highly regarded book provides a concise and accessible introduction to the principles and elements of policy design in contemporary governance. It examines in detail the range of substantive and procedural policy instruments that together comprise the toolbox from which governments choose tools to resolve policy problems and the principles and practices that lead to their use. Guiding readers through the study of the many different kinds of instruments used by governments in carrying...

The Costs and Benefits of Caring: Aggregate Burdens of an Aging Population

By Finn Kydland (Carnegie Mellon University - David A. Tepper School of Business; Norwegian School of Economics (NHH) - Department of Economics), Nick Pretnar (Carnegie Mellon University) Throughout the 21st century, population aging in the United States will lead to increases in the number of elderly people requiring some form of living assistance which, as some argue, is to be seen as a burden on society, straining old-age insurance systems and requiring younger agents to devote an increasing fraction of...