PENSION FUNDS MAGAZINE - JULY 2024 [Eletrônico] : [PDF no final da página]
Analítica de Periódicos
INGLÊS
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04 Regulator approves automatic enrollment
For now, the norm only applies to sponsored plans. Next step is extending the mechanism to instituted schemes.
10 Asset allocation undergoes important changes in 2024
Investment policies go through occasional adjustments and strategies become more... Ver mais 04 Regulator approves automatic enrollment
For now, the norm only applies to sponsored plans. Next step is extending the mechanism to instituted schemes.
10 Asset allocation undergoes important changes in 2024
Investment policies go through occasional adjustments and strategies become more transparent. Foreign assets and variable income are gradually back on the radar.
15 Opportunity to exchange ideas and experiences
In its second edition, “ABRAPP Roadshow” tours eight cities with record attendance. Discussions revolve around investments, supervision, professional accreditation and IT.
19 Sponsorship withdrawals must protect member rights
Resolution demands that withdrawing employers calculate liabilities under stricter rules on top of setting up a longevity fund to safeguard pension income continuity.
22 Increased investor appetite for infrastructure
Benchmark interest rates cuts, new asset types and regulatory modernization bring exponential growth prospects for the segment.
26 Best investment results in four years
PETROS pension fund, Brazil’s second-largest in AuM, celebrates good performance and successful DB plan immunization.
29 Collaboration between State and civil society
After consulting with the industry, government and ABRAPP join forces to overcome difficulties and boost growth.
32 Statistical Data Ver menos
For now, the norm only applies to sponsored plans. Next step is extending the mechanism to instituted schemes.
10 Asset allocation undergoes important changes in 2024
Investment policies go through occasional adjustments and strategies become more... Ver mais 04 Regulator approves automatic enrollment
For now, the norm only applies to sponsored plans. Next step is extending the mechanism to instituted schemes.
10 Asset allocation undergoes important changes in 2024
Investment policies go through occasional adjustments and strategies become more transparent. Foreign assets and variable income are gradually back on the radar.
15 Opportunity to exchange ideas and experiences
In its second edition, “ABRAPP Roadshow” tours eight cities with record attendance. Discussions revolve around investments, supervision, professional accreditation and IT.
19 Sponsorship withdrawals must protect member rights
Resolution demands that withdrawing employers calculate liabilities under stricter rules on top of setting up a longevity fund to safeguard pension income continuity.
22 Increased investor appetite for infrastructure
Benchmark interest rates cuts, new asset types and regulatory modernization bring exponential growth prospects for the segment.
26 Best investment results in four years
PETROS pension fund, Brazil’s second-largest in AuM, celebrates good performance and successful DB plan immunization.
29 Collaboration between State and civil society
After consulting with the industry, government and ABRAPP join forces to overcome difficulties and boost growth.
32 Statistical Data Ver menos
Considered a regulatory hallmark for the Brazilian pension fund industry, Resolution n. 60/2024 of the National Complementary Pension Board (Conselho Nacional de Previdência Complementar - CNPC) is the result of a decade-long debate led by ABRAPP. According to the rule, sponsoring companies that...
Ver mais
Considered a regulatory hallmark for the Brazilian pension fund industry, Resolution n. 60/2024 of the National Complementary Pension Board (Conselho Nacional de Previdência Complementar - CNPC) is the result of a decade-long debate led by ABRAPP. According to the rule, sponsoring companies that offer a minimum 20% match for member’s contributions may now automatically enroll new employees in the corporate scheme. Successfully adopted in many countries, automatic enrollment has become a reality in Brazil, with a very promising outlook. This is our cover story.
At its last meeting of 2023, the regulator also approved Resolution n. 59/2023, which sets forth new parameters for sponsorship withdrawal. According to ABRAPP’s CEO, Jarbas de Biagi, the norm is a major step forward, as it seeks to ensure the preservation of members’ and beneficiaries’ rights by imposing the establishment of a survival fund within the affected pension plan.
The present issue also brings the prospects for pension fund investments in the months to come. Investment policies reflect improvements in local and global markets as well as concerns over risk exposure and portfolio diversification. Foreign assets and equity allocations are back on the radar, albeit in a gradual and cautious manner in the face of risks and still high benchmark interest rates, which make treasuries a convenient option for institutional investors.
Still in the investment arena, the introduction of a new type of debenture is Brazil’s latest effort to try and attract pension funds to the infrastructure sector. Investors and asset management firms project growing demand and supply due to the advancement, coupled with federal government development programs and increased economic activity.
Last but not least, we describe, in two different pieces in the following pages, how industry interaction is the basis for understanding challenges, overcoming common problems and seizing growth opportunities.
Hope you enjoy the issue!
Kind regards,
Flávia Silva
Editor-in-Chief Ver menos
At its last meeting of 2023, the regulator also approved Resolution n. 59/2023, which sets forth new parameters for sponsorship withdrawal. According to ABRAPP’s CEO, Jarbas de Biagi, the norm is a major step forward, as it seeks to ensure the preservation of members’ and beneficiaries’ rights by imposing the establishment of a survival fund within the affected pension plan.
The present issue also brings the prospects for pension fund investments in the months to come. Investment policies reflect improvements in local and global markets as well as concerns over risk exposure and portfolio diversification. Foreign assets and equity allocations are back on the radar, albeit in a gradual and cautious manner in the face of risks and still high benchmark interest rates, which make treasuries a convenient option for institutional investors.
Still in the investment arena, the introduction of a new type of debenture is Brazil’s latest effort to try and attract pension funds to the infrastructure sector. Investors and asset management firms project growing demand and supply due to the advancement, coupled with federal government development programs and increased economic activity.
Last but not least, we describe, in two different pieces in the following pages, how industry interaction is the basis for understanding challenges, overcoming common problems and seizing growth opportunities.
Hope you enjoy the issue!
Kind regards,
Flávia Silva
Editor-in-Chief Ver menos
SILVA, FLÁVIA PEREIRA DA
Editor
CARRACA, VIRGÍNIA
Diretor Artístico
CORAZZA, MARTHA ELIZABETH
Colaborador
ARANTES, PAULO HENRIQUE
Colaborador
TAMOTO, REJANE
Colaborador