January 2019

28Jan

México. Las comisiones que cobran las Afores deberán bajar hasta el 0.70% en 2024

En Chile, el país de referencia en materia de Afores, la comisión que cobran las empresas que gestionan los recursos de los trabajadores es de 0.45%, pero es un sistema que tiene más experiencia en el mercado. Hacia el último año de la presente administración, la comisión que hoy cobran las Afores a los trabajadores mexicanos bajará a niveles de alrededor de 0.70%, mientras se analiza la aplicación de una segunda comisión relacionada con el desempeño de las inversiones....

January 28, 2019
Noticias,
Read more...
28Jan

Perú. Proponen que afiliados a las AFP conozcan el rendimiento mensual real de sus aportes

Proyecto de Ley exigiría al Sistema Privado de Pensiones brindar la tasa de crecimiento acumulado mensual a los aportantes. A través de una propuesta de Ley presentada esta semana en el Congreso de la República, se exigiría a las AFP´s brindar información a sus afiliados sobre el rendimiento mensual real de sus fondos de manera mensual. Para ello, el proyecto de autoría de la congresista de Alianza Para el Congreso, Marisol Espinoza, señala que se debe modificar...

January 28, 2019
Noticias,
Read more...
28Jan

PFRDA to audit pension funds on corporate governance

Pension Fund Regulatory and Development Authority (PFRDA) is planning to audit the pension funds/sponsors, who manage pension assets worth over Rs 2.8 lakh crore for 2.48 crore subscribers. The pension fund managers (PFMs), appointed to manage the retirement savings of subscribers under the NPS, will be audited on seven parameters, including reporting & disclosures, investments, corporate governance and senior management. As per Regulation 26 of the PFRDA (Pension Funds) Regulation 2015, PFRDA may undertake directly or through its authorised...

January 28, 2019
News, Slider,
Read more...
28Jan

Nigeria. 7 million aged people beg FG to create Ageing and Elderly Commission

No fewer than seven million aged people in the country have appealed to the Federal Government to establish a commission for Ageing and Elderly Persons with a view to addressing their current plights and sufferings. The ageing Nigerians said the creation of the Elderly couple in happy mood. commission would provide an environment which will encourage and promote active living for all aged groups, thus fostering social capital and a sense of community living. They also called on...

January 28, 2019
News, Slider,
Read more...
28Jan

UK. On pensions, the government has placed freedom over protection – but will it make us better off?

Many are choosing cash over annuities because they don’t think they will live long enough to get good value from an annuity, even though many would. In short, lots of people are making a financial mistake The “pushmi-pullyu” in the 1967 film of Doctor Dolittle was a double-headed llama, with one head facing forward and the other back. Pensions policy in the UK in recent years has borne a resemblance to this contradictory animal. In 2012 the government introduced...

January 28, 2019
News, Slider,
Read more...
27Jan

Work for a brighter future

From Global Commission On The Future Of Work New forces are transforming the world of work. The transitions involved call for decisive action. Countless opportunities lie ahead to improve the quality of working lives, expand choice, close the gender gap, reverse the damages wreaked by global inequality, and much more. Yet none of this will happen by itself. Without decisive action we will be heading into a world that widens existing inequalities and uncertainties. Technological advances – artificial intelligence, automation and...

January 27, 2019
Books, Labor Market, System Sustainability, ,
Read more...
27Jan

China's High Savings: Drivers, Prospects, and Policies

By Longmei Zhang (International Monetary Fund), Ray Brooks (International Monetary Fund   - Asia and Pacific Department), Ding Ding (International Monetary Fund), Haiyan Ding (International Monetary Fund), Hui He (International Monetary Fund), Jing Lu (International Monetary Fund), Rui Mano (International Monetary Fund) China's high national savings rate-one of the highest in the world-is at the heart of its external/internal imbalances. High savings finance elevated investment when held domestically, or lead to large external imbalances when they flow abroad. Today, high savings mostly emanate from...

January 27, 2019
Aging, Articles, Labor Market, Savings, ,
Read more...
27Jan

China’s High Savings: Drivers, Prospects, and Policies

By Longmei Zhang (International Monetary Fund), Ray Brooks (International Monetary Fund   - Asia and Pacific Department), Ding Ding (International Monetary Fund), Haiyan Ding (International Monetary Fund), Hui He (International Monetary Fund), Jing Lu (International Monetary Fund), Rui Mano (International Monetary Fund) China's high national savings rate-one of the highest in the world-is at the heart of its external/internal imbalances. High savings finance elevated investment when held domestically, or lead to large external imbalances when they flow abroad. Today, high savings mostly emanate from...

January 27, 2019
Aging, Articles, Labor Market, Savings, ,
Read more...
27Jan

Putting the Pension Back in 401(k) Retirement Plans: Optimal versus Default Longevity Income Annuities

By Vanya Horneff (Goethe University Frankfurt - Research Center SAFE), Raimond Maurer (Goethe University Frankfurt - Finance Department), Olivia S. Mitchell (University of Pennsylvania - The Wharton School; National Bureau of Economic Research (NBER)) A recent US Treasury regulation allowed deferred longevity income annuities to be included in pension plan menus as a default payout solution, yet little research has investigated whether more people should convert some of the $15 trillion they hold in employer-based defined contribution plans into lifelong income streams. We investigate this...

January 27, 2019
Articles, Investing, Pension design, , ,
Read more...
25Jan

Escándalo de corrupción del hijo de Bolsonaro perjudica reformas en Brasil

Una nube de corrupción se cierne sobre la política brasileña, amenazando con descarrilar el ambicioso programa de reformas gubernamentales y con destruir las esperanzas de ciudadanos e inversores ansiosos de un cambio. Esta frase podría haberse escrito numerosas veces durante el último cuarto de siglo. Pero pocos brasileños o inversores extranjeros esperaban leer algo así en enero de 2019, durante las primeras semanas de un gobierno electo basado en una plataforma dedicada a erradicar la corrupción y a promover...

January 25, 2019
Noticias,
Read more...