January 2022

Panamá. Fondos privados de pensiones en crecimiento, pese a Covid-19

Panamá. Fondos privados de pensiones en crecimiento, pese a Covid-19

Los tres de fondos de pensión y cesantía privados en Panamá reportaron la administración de $677 millones hasta el mes de noviembre de 2021. De acuerdo con la data que reposa en la Superintendencia del Mercado de Valores (SMV) se trata de un aumento de $34 millones en los fondos administrados por Progreso, ProFuturo y Quantia, cuando se comparan los resultados de 2021 contra 2020. Estos fondos corresponden a los planes de ahorro individual que trabajan de manera continua y acumulativa...

Los retiros de cesantías dinamizaron la industria inmobiliaria durante el año pasado

El próximo 14 de febrero es la fecha límite para el pago de cesantías por parte de los empleadores del país, a propósito de la ocasión, algunas Administradoras de Fondos de Pensiones y Cesantías (AFP) han hecho un balance del retiro de esta prestación social durante 2021. Erik Moncada, vicepresidente de Clientes y Operaciones de Porvenir, destacó el impacto que tienen las cesantías como aliado de los trabajadores en tiempos de incertidumbre. “Este es un ahorro con propósito y, por...

China’s birth rate drops to record low in 2021, population aging

The birth rate in mainland China slipped to a record low in 2021, government data showed Monday, despite efforts by the Chinese government to prevent the country's population from aging further. In China, 10.62 million babies were born in 2021, a rate of 7.52 per 1,000 people, the lowest level since Mao Zedong founded the Communist-led People's Republic of China in 1949. Read also David Sinclair explains what an ageing population means for economies around the world The population aged 65...

UK. Expert calls on pension funds to fill fintech growth funding cap

The author of a major review of UK fintech has called on pension funds to back British entrepreneurs and fill a major growth funding gap in the sector just as government reviews whether to relax restrictions on pension fund investment. Ron Kalifa, who masterminded the government-commissioned Kalifa Review of Fintech last year, told City AM that pension funds have an opportunity to help British entrepreneurs grow their business domestically and drive job creation rather than selling at the growth stage. He...

Why Women Need to Take a More Active Role in Their Financial Futures

By Stacia Williams Too many women leave decisions about their financial futures to their husbands — and that’s hardly a retirement plan. And because women tend to live longer than men, it’s imperative that they take an active role in plotting out what’s happening with the money that will see them through the latter part of their lives. How to go about that? Any good retirement plan breaks down into five areas: income, investments, taxes, health care and legacy. Retirement income typically...

Lean Advice for New Investors

By Jarrod Wilcox, Zvi Bodie, & Dan di Bartolomeo As defined benefit pensions have been replaced by investor-directed defined contribution plans, implementing sound investment policies for retail investors of modest means has become a problem of increasing urgency. This group comprises most of the investor population across all countries. In the U.S. it is characterized by inadequate saving, failure to take advantage of materially higher payout for delayed Social Security benefits, extensive credit card debt, and pursuit of naïve investment...

México. Venta de Afore Citibanamex abriría la puerta a más traspasos de cuentas

México. Venta de Afore Citibanamex abriría la puerta a más traspasos de cuentas

Las administradoras podrían recurrir a lo que hicieron en el 2013, cuando Afore XXI Banorte se fusionó con Afore Bancomer que dio origen a la creación de la administradora más grande del mercado. La venta de Afore Citibanamex abre la posibilidad de que exista una mayor cantidad de traspasos de cuentas y recursos entre las administradoras de fondos para el retiro (afore). Esto debido a que si Banco Azteca o Banorte, candidatos a comprar la marca de Banamex, llegaran a quedarse...

España. Tres maneras de arreglar la jubilación

España. Tres maneras de arreglar la jubilación

No pueden acostumbrarse a trabajar desde casa. No vale la pena la molestia de reinventar su carrera de nuevo. Las interminables rondas de formación en diversidad son demasiado irritantes, y pueden vivir cómodamente con sus ahorros actuales. Una de las consecuencias inesperadas de la pandemia ha sido una "Gran Jubilación", con trabajadores de edad avanzada que abandonan la fuerza de trabajo en números acelerados, y que no se molestan en volver a trabajar a medida que la economía se...

Pensions and demographic risks

Pensions and demographic risks

Different demographics of the population experience different pension risks, depending on age, location and various other factors. Read also Pensions in Germany: How the new government plans to solve an age-old issue Also, the fact that the UK population is getting older and living for longer could be viewed as a demographic risk in itself. Read also UK. Double tax whammy risk for big pension withdrawals As Jon Young, financial planner at WealthFlow, says: “Your pension pot has to last for longer and...

1 in 5 Women Are Facing Retirement Setbacks Due to Pandemic

The pandemic is contributing to a widening wellness gap between men and women. In particular, as the public health crisis lingers, women in the workforce are reporting burnout at twice the rate of men, as well as shouldering greater mental health burdens than most other groups of workers. Read also US. The clock is ticking on retirement security bills, industry experts say According to a new retirement survey from insurance and financial services company Nationwide, women's prospects for retirement are suffering,...