Professional Pensions www.professionalpensions.com Argentina names board directors at Banco Galicia, Patagonia <p><!--summary start--> ARGENTINA - Argentina's pension agency named two directors to the board of Banco de Galicia y Buenos Aires SA and Banco Patagonia SA as part of the government's plan to exercise more voting power over companies in which it owns shares. <!--summary end--></p> https://www.professionalpensions.com/news/2046600/argentina-names-board-directors-banco-galicia-patagonia https://www.professionalpensions.com/news/2046600/argentina-names-board-directors-banco-galicia-patagonia Thu, 28 Apr 2011 15:19:00 +0000 Argentina's lawmakers approve pensions increase <p><!--summary start--> ARGENTINA - Argentina's lower house approved an opposition-backed bill to boost the country's minimum monthly pension payments and link them to the minimum wage, a move the government said would bankrupt the current system. <!--summary end--></p> https://www.professionalpensions.com/news/1019477/argentina-lawmakers-approve-pensions-increase https://www.professionalpensions.com/news/1019477/argentina-lawmakers-approve-pensions-increase Thu, 19 Aug 2010 14:25:00 +0000 Argentina to boost pension payments by 16.9% <p><!--summary start--> ARGENTINA - The Argentinean government has announced an increase in pension payments to retirees of 16.9%, the second rise this year. <!--summary end--></p> https://www.professionalpensions.com/news/1725468/argentina-boost-pension-payments-169 https://www.professionalpensions.com/news/1725468/argentina-boost-pension-payments-169 Thu, 29 Jul 2010 14:03:51 +0000 Argentina brings home $200m of frozen pension assets <p><!--summary start--> ARGENTINA/US - Argentina has repatriated US$200m of public pension assets frozen in the US by a court order. <!--summary end--></p> https://www.professionalpensions.com/news/1008572/argentina-brings-home-usd200m-frozen-pension-assets https://www.professionalpensions.com/news/1008572/argentina-brings-home-usd200m-frozen-pension-assets Fri, 5 Mar 2010 14:51:00 +0000 Argentina raises pensions by 8.2% <p><!--summary start--> ARGENTINA - President Cristina Fernández announced pension payments will be raised by 8.2% from the beginning of March, taking the level of pension increases to nearly 500% since 2003. <!--summary end--></p> https://www.professionalpensions.com/news/1591415/argentina-raises-pensions https://www.professionalpensions.com/news/1591415/argentina-raises-pensions Wed, 10 Feb 2010 14:54:00 +0000 Argentina tax collection soars due to nationalised pension funds <p><!--summary start--> ARGENTINA - Argentina's March tax collection increased by 23% year-on-year largely due to pension contributions, data from the country's Federal Tax Agency (AFIP) reveals. <!--summary end--></p> https://www.professionalpensions.com/news/1464520/argentina-tax-collection-soars-nationalised-pension-funds https://www.professionalpensions.com/news/1464520/argentina-tax-collection-soars-nationalised-pension-funds Tue, 7 Apr 2009 01:00:00 +0000 Argentine pension nationalisation approved <p><!--summary start--> ARGENTINA - Argentina's Senate approved president Cristina Fernandez de Kirchner's plan to nationalise about US$24bn in private pensions. <!--summary end--></p> https://www.professionalpensions.com/news/1456823/argentine-pension-nationalisation-approved https://www.professionalpensions.com/news/1456823/argentine-pension-nationalisation-approved Fri, 21 Nov 2008 00:00:00 +0000 Argentina's Lower House approves pension takeover <p><!--summary start--> ARGENTINA - Argentina's Lower House has voted to support president Cristina Fernandez de Kirchner's plan to nationalise about US$26bn in private pensions, a proposal that raised concern of a default. <!--summary end--></p> https://www.professionalpensions.com/news/1448582/argentina-lower-house-approves-pension-takeover https://www.professionalpensions.com/news/1448582/argentina-lower-house-approves-pension-takeover Fri, 7 Nov 2008 00:00:00 +0000 Argentine pension nationalisation impacts analysed <p><!--summary start--> LATIN AMERICA - Following the Argentine government's move to nationalise the private pension fund industry, further bad news is likely from other Latin American countries, a Schroders' briefing note has warned. <!--summary end--></p> https://www.professionalpensions.com/news/1055155/argentine-pension-nationalisation-impacts-analysed https://www.professionalpensions.com/news/1055155/argentine-pension-nationalisation-impacts-analysed Tue, 28 Oct 2008 00:00:00 +0000 Argentine govt mulls private pension fund takeover <p><!--summary start--> ARGENTINA - Argentine president Cristina Fernandez de Kirchner, grappling with a financial crisis that has frozen access to credit, will propose an overhaul of the pension system that may give the government control of $29bn in privately run retirement accounts. <!--summary end--></p> https://www.professionalpensions.com/news/1462859/argentine-govt-mulls-private-pension-fund-takeover https://www.professionalpensions.com/news/1462859/argentine-govt-mulls-private-pension-fund-takeover Tue, 21 Oct 2008 01:00:00 +0000 Argentine venture for Watsons <p><!--summary start--> ARGENTINA - Watson Wyatt has bought consulting firm Marcu & Asociados to expand its business in Latin America. <!--summary end--></p> https://www.professionalpensions.com/news/1454831/argentine-venture-watsons https://www.professionalpensions.com/news/1454831/argentine-venture-watsons Tue, 24 Jun 2008 01:00:00 +0000 ING takes over Argentine pension fund <p><!--summary start--> ARGENTINA - ING has announced the takeover of Argentine pension fund Origines AFJP and annuity company Origenes Seguros de Retiro in a deal worth US$280m, making ING the largest pension fund manager and the second largest annuity provider in the region. <!--summary end--></p> https://www.professionalpensions.com/news/1462812/ing-takes-argentine-pension-fund https://www.professionalpensions.com/news/1462812/ing-takes-argentine-pension-fund Wed, 14 Nov 2007 00:00:00 +0000 ING Group in Argentinean negotiations <p><!--summary start--> NETHERLANDS/ARGENTINA - ING Group confirmed that it was still locked in talks to acquire Origenes AFJP pension fund from the Argentinean arm of Santander and its joint venture partner in the pension business Grupo Bapro. <!--summary end--></p> https://www.professionalpensions.com/news/1451763/ing-argentinean-negotiations https://www.professionalpensions.com/news/1451763/ing-argentinean-negotiations Wed, 22 Aug 2007 01:00:00 +0000 Argentina to recognise liabilities and expenses in pensions <p><!--summary start--> ARGENTINA - The Argentine Federation of Accountants has released a new rule establishing guidlines for recognising liabilities and expenses related to pension plans. <!--summary end--></p> https://www.professionalpensions.com/news/1456219/argentina-recognise-liabilities-expenses-pensions https://www.professionalpensions.com/news/1456219/argentina-recognise-liabilities-expenses-pensions Wed, 15 Mar 2006 00:00:00 +0000 Argentina seizes country's pension funds <p><!--summary start--> ARGENTINA - The Argentine government has raided pension funds - known locally as AFJP's - in a desperate attempt to head off a default on its US$130bn debt. <!--summary end--></p> https://www.professionalpensions.com/news/1451192/argentina-seizes-country-pension-funds https://www.professionalpensions.com/news/1451192/argentina-seizes-country-pension-funds Mon, 10 Dec 2001 00:00:00 +0000