Private Pensions Archives - Page 8 of 9 - Pension Policy International

15AprApril 15, 2020

Canada. The coronavirus has created a tremendous financial opportunity for workers with a pension

Unique opportunities sometimes come in extreme times. The one detailed below on commuting the value of your pension won’t be an option for many, but for those with the ability to take advantage, it could meaningfully improve their retirement finances for years to come. Read also Canada’s Pension Funds Prepare for Post-Virus World This opportunity is based on three fundamental facts First, the current or commuted value of your pension is much higher when interest rates on 5 Year Canadian Bonds are...

April 15, 2020

News, Slider2020, Canada, Private Pensions

03AprApril 3, 2020

Pension Policy in Europe and the United States – Towards a New Public-Private Pension Mix

By Onorato Castellino, Elsa Fornero, Christina Benita Wilke Pension reform has occupied and will continue to occupy an important place in the welfare state reform agenda on both sides of the Atlantic. In both the European Union (EU) and the United States (US) demographic forces in the form of an aging population and low fertility pose significant long-run fiscal challenges to traditional public pay-as-you-go (PAYG) systems. In addition, the pace of pension reforms in most EU countries has accelerated...

April 3, 2020

Articles, Pension designEurope, Private Pensions, Public Pensions, US

25MarMarch 25, 2020

German federation proposes standard product for private pensions

The Federation of German Consumer Organisations – vzbv – and the state of Hesse have proposed a standard product, or Extra Rente, for private pensions to reform the system. The proposal aims to fix some of the problems brought by the privately funded pension system – Riester-Rente – since its introduction almost 20 years ago, precisely at the time when the government coalition weighs up possible changes. Dorothea Mohn, head of the financial market team at Vzbv, told IPE...

March 25, 2020

News, Slider2020, Europe, Germany, Private Pensions

07FebFebruary 7, 2020

Pensions and Legal Policy: Lessons on the Shift from Public to Private

By Amanda Cooke This monograph explores the historical position of pensions law in the UK and the recent influences which have led to the introduction of Auto-Enrolment and subsequent reforms. Alternative models, such as the US and Australia are also considered as well as the function of law in bringing about political changes. The question of saving for retirement is of national and international importance and many governments are wrestling with the issue of how to deal with the pension...

February 7, 2020

Books, Regulation2020, Defined Benefit, Defined Contributions, Private Pensions, Public Policy

18OctOctober 18, 2019

Dutch pension pots stand out among global retirement funds

The world’s rich nations face a double-whammy, with ageing populations meaning more retirees — just as low and negative interest rates make it harder for pension funds to secure the investment returns needed to fill up their coffers. Read also PLSA 2019: Fintech could play key role in decumulation phase Pensions typically have three pillars: a basic state payout designed to prevent people falling into poverty once they stop work; a larger slice related to lifetime earnings; and voluntary top-ups...

October 18, 2019

News, Slider2019, Netherlands, Private Pensions

20SepSeptember 20, 2019

China’s workforce saving more for retirement amid concerns about state pension, survey finds

China should not be alarmed by a much slower economic growth rate in the coming years, perhaps as low as 5 or even 4 per cent, with the economy now large enough to still create sufficient jobs at these growth rates, according to three prominent Chinese economists who advise the government. The headline gross domestic product (GDP) growth rate slowed to 6.2 per cent in the second quarter this year, the lowest figure since quarterly records began in March...

September 20, 2019

News, Slider2019, China, Private Pensions, Saving, State Pensions

10SepSeptember 10, 2019

US. Are Millennials Preparing For Retirement?

When we talk about retirement security, it’s usually older workers we have in mind. But what about millennials? People currently aged 23 to 39 now make up the largest portion of the U.S. labor force. The future of retirement is, literally, the future of millennials. On the fifth and final (for now!) episode of my podcast Reset Retirement, we explored what’s next for American retirement. For millennials, it’s a mixed bag. While their savings are less than ideal, thanks...

September 10, 2019

News, Slider2019, Aging, Private Pensions, Saving, US

07JunJune 7, 2019

Switching Costs and Competition in Retirement Investment

By Fernando Luco How do different switching costs affect choices and competition in a private pension system? I answer this question in a setting in which variation in employment status allows me to identify two switching costs that jointly affect enrollees’ decisions: the cost of evaluating financial information and the cost of the bureaucratic process that enrollees must navigate when switching. I use this variation to estimate the different switching costs and study their impact on competition among pension...

June 7, 2019

Articles, Management, System Sustainability2018, Labor Market, Private Pensions

03MarMarch 3, 2019

The Effect of Noncontributory Pensions on Saving in Mexico

By Catalina Amuedo-Dorantes (San Diego State University - Department of Economics; IZA Institute of Labor Economics), Laura Juarez (Bank of Mexico), Jorge Alonso Ortiz (Instituto Tecnológico Autónomo de México (ITAM) - Centro de Investigacion Económica) This paper examines the effects of noncontributory pension programs at the federal and state levels on Mexican households' saving patterns using micro data from the Mexican Income and Expenditure Survey. We find that the federal program curtails saving among households whose oldest member is either...

March 3, 2019

Articles, Pension design2019, Mexico, Private Pensions

09JulJuly 9, 2018

Pension Plans in Germany: Market Sales in Germany

From Editorial DataGroup Europe The Pension Plans Germany eBook provides 14 years Historic and Forecast data on the market for each of the 5 Products and Markets covered. The Products and Markets covered (Pension Plans) are classified by the Major Products and then further defined and analysed by each subsidiary Product or Market Sector. In addition full Financial Data (188 items: Historic and Forecast Balance Sheet, Financial Margins and Ratios) Data is provided, as well as Industry Data (59 items)...

July 9, 2018

Books, Labor Market, Pension design2018, Financial Inclusion, Germany, Private Pensions, Public Pensions

April 2020

Canada. The coronavirus has created a tremendous financial opportunity for workers with a pension

Pension Policy in Europe and the United States – Towards a New Public-Private Pension Mix

March 2020

German federation proposes standard product for private pensions

February 2020

Pensions and Legal Policy: Lessons on the Shift from Public to Private

October 2019

Dutch pension pots stand out among global retirement funds

September 2019

China’s workforce saving more for retirement amid concerns about state pension, survey finds

US. Are Millennials Preparing For Retirement?

June 2019

Switching Costs and Competition in Retirement Investment

March 2019

The Effect of Noncontributory Pensions on Saving in Mexico

July 2018

Pension Plans in Germany: Market Sales in Germany