scholarly journals Default bias or no default bias? evidence from decisions regarding occupational pension fund enrollment in Italy

2013 ◽  
Vol 2 (3) ◽  
pp. 117-127
Author(s):  
Andrea Lippi
Keyword(s):  
Pension Fund ◽  
Pension Funds ◽  
Status Quo ◽  
Occupational Pension ◽  
Default Option ◽  
Factors Influencing ◽  
The Status

If forced to choose a supplementary pension fund, people will decide not to decide, accepting decisions made for them by others (default bias), reaching a status quo position. This study analyses whether the status quo position achieved via the default option in Italian occupational pension funds is later changed over the period studied (2007-2011), and the factors influencing any change.

scholarly journals Pension and retirement intentions as determinants of employee engagement and productivity

2021 ◽  
pp. 1601-1606
Author(s):  
Nur Hasan Kurniawan ◽  
Mahmuddin Yasin ◽  
Hamidah Hamidah
Keyword(s):  
Employee Engagement ◽  
Human Resource ◽  
Financial Management ◽  
Pension Fund ◽  
Sampling Technique ◽  
Pension Funds ◽  
Pension Scheme ◽  
Research Approach ◽  
Occupational Pension ◽  
Retirement Intentions

The issue of pension funds is not only a financial matter, but also a human resource. Pension funds do not stand alone, but are assumed to be related to other human resource (HR) variables. Starting from this background, this study aims to examine the effect of the occupational pension scheme (OPS) and retirement intentions (RI) variables partially on employee productivity (EP) directly or through employee engagement (EE), the effect of OPS on RI, and the effect of OPS on EP through RI. Post-positivist is the research paradigm, with a quantitative research approach, with explanatory causal types and statistical studies. Dapenma-Pamsi is selected as the location of this research and we choose the Joint Pension Fund of municipal waterwork which are located in six provinces in Java Island. The sampling technique for this study was proportionate stratified random sampling, with a total sample of 500 active Dapenma-Pamsi participants in six provinces in Java. The research instrument was a questionnaire with a Likert scale of 1-7. The data analysis technique used SEM-AMOS. The results of the study are supported by ten research hypotheses. The novelty of this research is the integration of variables rooted in the discipline of financial management and variables from the discipline of human resource management. This research is also could help Indonesia Government foster the growth of Private Pension Fund Program in Indonesia.

scholarly journals Political elites of the Arab world and their influence

2020 ◽  
Vol 70 (2) ◽  
pp. 107-115
Author(s):  
A. Sh. Abhari ◽  
Keyword(s):  
Arab Spring ◽  
Arab World ◽  
Status Quo ◽  
Political Elites ◽  
Factors Influencing ◽  
Foreign Intervention ◽  
The Status ◽  
The Arab Spring ◽  
The Military ◽  
Shed Light

The debate between political scientists about the "Arab Spring" revolutions is still escalating. Especially regarding the forces operating at the scene. Attempts by the military elite to retain power and try to maintain the status quo at any cost, leaving the doors wide open for foreign intervention The foreign interventions of countries that are trying to use the wave of the Arab spring to achieve their goals have especially complicated the situation in the Arab world. In this article I will try to shed light on some factors influencing the results of the “Arab Spring” revolutions.

scholarly journals Towards “Green” Trusteeship: new statutory amendments for occupational pension trustees

2019 ◽  
Author(s):  
Lloyd Brown
Keyword(s):  
Pension Fund ◽  
Pension Funds ◽  
Environmental Risks ◽  
Occupational Pension ◽  
General Duty ◽  
Social Governance ◽  
Pension Schemes ◽  
Regulatory Landscape

Abstract This article looks at the amendments to occupational pension schemes that are brought in by the Pension Protection Fund (Pensionable Service) and the Occupational Pension Schemes (Investment and Disclosure) (Amendment and Modification) Regulations 2018. It is respectfully submitted that the named regulations are legally compelling because they amend the regulatory landscape in a manner to enforce greater consideration of Environmental Social Governance risks by UK pension funds. In particular, this article engages with how the amendments are going to increase the pension fund trustees’ appetite to consider environmental risks (including climate-related risks) when exercising their general duty of investment.

Occupational pension funds

2017 ◽  
Vol 19 (2) ◽  
pp. 158-171 ◽  
Author(s):  
Alexia Autenne
Keyword(s):  
Private Sector ◽  
Pension Fund ◽  
Pension Funds ◽  
Pension Plans ◽  
Occupational Pension ◽  
Defined Contribution ◽  
European Regulation ◽  
International Context ◽  
European Regulations ◽  
Fund Governance

This article reviews the orientation of the European regulation on pension fund governance in the international context of the OECD’s recommendations. It outlines the features judged to be essential for a sound private pension scheme’s governance. It then describes the orientation of the European regulations in this area and sets out some criticisms. The focus is on private sector ‘defined-contribution’ occupational pension plans managed by a pension fund, in light of the shared perception that the ‘governance’ issue is particularly sensitive for these types of schemes.

scholarly journals Does the Asset Manager’s Nationality Influence the Occupational Pension Fund Performance?

2016 ◽  
Vol 6 (2) ◽  
pp. 176
Author(s):  
Andrea Lippi
Keyword(s):  
Pension Fund ◽  
Fund Performance ◽  
Pension Funds ◽  
Risk Level ◽  
Occupational Pension ◽  
Management Skills ◽  
Professional Managers ◽  
Analysis Methodology ◽  
The Relationship ◽  
Asset Managers

This paper examines the relationship between asset managers’ nationality and the Italian occupational pension funds extending the existing literature on the topic. We use a double analysis methodology, targeted at single- and multiple-managers, distinguishing between Italian and/or foreign professional managers. The results obtained show how asset manager’s nationality impacts differently on managed pension funds’ performance according to the different investment line risk level, opening debate on asset managers’ management skills.

scholarly journals Analisis Status Badan Hukum Dana Pensiun

2020 ◽  
Vol 23 (01) ◽  
pp. 1-12
Author(s):  
Muhhamad Habibi Miftakhul Marwa
Keyword(s):  
Financial Services ◽  
Pension Fund ◽  
Limited Liability ◽  
Pension Funds ◽  
Retirement Benefits ◽  
Legal Entity ◽  
Legal Subject ◽  
The Status ◽  
Retirement Funds ◽  
The Right

Act No. 11 of 1992 about the Pension fund states retirement funds as legal entities that manage and run retirement programs that promise retirement benefits when retired or full duty to participants. As a legal entity of course the pension fund is based on the subject of the law as a human being, which has the right and obligation to do legal action to the other party. Pension funds have a legal entity status and may conduct activities from the date of ratification by the Financial Services Authority. Reviewed from the theory or the terms of the legal entity, the status of the legal entity of the Pension Fund has fulfilled the requirements of the material or formyl in the establishment of pension funds, such as having a separate property from the founders, have a specific goal to Conduct retirement benefits, have their own interests, have a regular organization in the Division of duties and functions between founders, supervisory boards, and managers, and obtain recognition and confirmation from the State authority. While the pension fund as an independent legal entity does not use the form of legal entity such as limited liability company, cooperative, or foundation, because there is a concept in the legal entity that does not conform to the concept of pension funds. Keywords: Legal Subject, Legal Entity, Pension Fund AbstrakUndang-Undang Nomor 11 Tahun 1992 tentang Dana Pensiun menyebutkan bahwa dana pensiun adalah badan hukum yang mengelola dan menjalankan program pensiun yang menjanjikan manfaat pensiun pada saat telah pensiun atau pensiun kepada pesertanya. Sebagai badan hukum, dana pensiun terletak sebagai subjek hukum layaknya manusia, yang memiliki hak dan kewajiban sehingga dapat melakukan perbuatan hukum kepada pihak lain. Dana pensiun berbadan hukum dan dapat melaksanakan kegiatan sejak tanggal persetujuan Otoritas Jasa Keuangan. Dilihat dari teori dan persyaratan badan hukum, badan hukum dana pensiun telah memenuhi persyaratan baik materiil maupun formil dalam pembentukan dana pensiun, seperti memiliki kekayaan yang terpisah dari pendirinya, mempunyai tujuan khusus dalam menyelenggarakan manfaat pensiun, memiliki kepentingan, menyelenggarakan organisasi dalam pembagian tugas dan fungsi antara pendiri, dewan pengawas, dan pengurus, serta memperoleh pengakuan dan pengesahan dari otoritas negara. Dana pensiun sebagai badan hukum mandiri tidak menggunakan badan hukum seperti Perseroan Terbatas, Koperasi, atau Yayasan, karena terdapat konsep dalam badan hukum yang tidak sesuai dengan konsep dana pensiun. Kata Kunci: Subjek Hukum; Badan Hukum; Dana Pensiun  

scholarly journals The school legislation of the Catholic Church in the Hussitian times

2021 ◽  
Vol 27 (2) ◽  
pp. 60-73
Author(s):  
Krzysztof Ratajczak
Keyword(s):  
Catholic Church ◽  
Social Economic ◽  
Status Quo ◽  
The State ◽  
Ecclesiastical Law ◽  
Factors Influencing ◽  
The Status ◽  
The Church ◽  
The Catholic Church

The aim of the paper is to show the state and changes in the school legislation of the Catholic Church in the crucial period of its history, between 1378 and 1477. The focus of the analysis is especially on the acts of law decreed by the popes, on the canons of the councils, but also on the ius particulare of those ecclesiastical provinces that were affected by the Hussite movement. Also, factors influencing the ecclesiastical law in the realm of education are analysed, such as political, social, economic besides religious. Very important was the question if the changes could be controlled or inspired by the Church or whether the changes of the school legislation were only meant to preserve the status quo.

Status Quo and Reduction Potential of Primary PM2.5 Emissions from Cement Kilns and Steel Sintering Machines

2014 ◽  
Vol 955-959 ◽  
pp. 1335-1340
Author(s):  
Yong Hua Ding ◽  
Peng Lai Zuo ◽  
Bin Jie Han ◽  
Yuan Liu ◽  
Tao Yue ◽  
...  
Keyword(s):  
Reduction Potential ◽  
Reduction Rate ◽  
Status Quo ◽  
Control Technology ◽  
Technology Roadmap ◽  
Emission Standards ◽  
Factors Influencing ◽  
Control Scheme ◽  
The Status ◽  
Cement Kilns

Based on the status of primary PM2.5 emissions from cement kilns, steel sintering machines and primary PM2.5 control technology, the factors influencing primary PM2.5 emissions, emission standards, industrial policy and technology developing trends were analyzed. Above all, primary PM2.5 control technology roadmap ​​for China's cement kilns and steel sintering machines was made. Based on the control scheme, the primary PM2.5 emissions from cement kilns and steel sintering machines are estimated to be 449,100 tons in 2020, 291,300 tons less than in 2011. The reduction rate is 39%. Finally, recommendations were proposed to control primary PM2.5 emissions from cement kilns and steel sintering machines.

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