FSC TO WRAP UP PHASE-TWO PENSION REFORMS BY MARCH - CONSULTANT WORKING ON MICRO PENSION SYSTEM

As the Pension Industry Association of Jamaica, PIAJ, pushes for the Government to hasten its pace on phase-two reforms of the pension system, the Financial Services Commission, FSC, is now signalling publicly that it's looking to deliver by next...

jamaica-gleaner.com (Date:11/15/2019 06:35) Read full article >>

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Jamaica:
Government PhotoGovernment: A government is the system by which a state or community is governed. In British English , a government more narrowly refers to the particular executive in control of a state at a given timeknown in American English as an administration. In American English, government refers to the larger system by
Industry: Industry is the production of an economic good or service within an economy. Manufacturing industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This occurred through many s
Financial: Finance is the science[citation needed] of funds management, or the allocation of assets and liabilities over time under conditions of certainty and uncertainty. A key point in finance is the time value of money, which states that a unit of currency today is worth more than the same unit of currency
Pension: A pension is a contract for a fixed sum to be paid regularly to a person, typically following retirement from service. Pensions should not be confused with severance pay the former is paid in regular installments, while the latter is paid in one lump sum.
Financial Services: Financial services are the economic services provided by the finance industry, which encompasses a broad range of organizations that manage money, including credit unions, banks, credit card companies, insurance companies, consumer finance companies, stock brokerages, investment funds and some gover