Ensuring a risk-free future is a concern for a large part of the population. See some benefits of private pensions.
Initially, the growing number of informal workers and the consequent drop in contributions to the INSS (National Social Security Institute).
Private pensions have become an important asset for those who want to age safely.
To discuss these and other issues that will impact your finances and investments throughout the year, there is an online event called 'Where to invest in 2023'.
The sponsored panel “The future is coming: how to guarantee retirement with a private pension?”
Thus the panel that addressed the difficulties faced by the public in accessing the product and its development in recent years.
To talk about the topic you need to understand the context.
In our country, the pension reform sanctioned in 2019 brought several changes. Therefore, there is a new retirement age, a new minimum contribution period and transitional rules for those already insured.
At the same time, the need for personal modality increases.
A survey released last Friday by the National Confederation of Private Pensions and Life – Fenaprevi, with data until November 2022, showed that there are 13.9 million private pension plans in the country, 11.1 million of which are individual and 2.7 million in aggregate.
How to use private pension? See the benefits of private pension
Firstly, according to Saldanha, who is a social partner at the social security company XP.
We can use Social Security in the most traditional way we know. This is retirement, but it doesn’t need to be limited to that goal.
This could be planning college expenses for future dependents to succession planning or planning for medical expenses after retirement.
Social Security is more than just a way to retire. But it’s a long-term solution,” he explains.
Ibovespa Futuro grew to focus on political news and the entire US agenda.
News.digitalseguro.com
Despite being an expanding product and capable of serving different investor profiles, less than 10 % of the Brazilian population has a private pension.
Alexandre, director of technical and studies at CNseg, highlights the difficulty for most people in allocating part of their income for this purpose.
“It is a relatively new product in Brazil and has a lot to be developed.
In relation to the percentage of those who have the social security product and even insurance in general.
The person must have disposable income to be able to transfer part of current consumption to future consumption, which is what social security offers.
In other words, the individual has to know how to save and plan and this is the challenge we have to get more people to adopt this product”, he states.
The benefits of private pensions are numerous, bringing long-term security.
There is an option for your profile
On the other hand, the market is constantly evolving. Whether access to a wide range of products or options for buyers.
The market is increasingly complete from an asset allocation point of view.
Those who invest in pensions have the possibility of building a portfolio that considers different investor profiles.
Furthermore, it must consider economic scenarios and even diversify across geographies,” says Saldanha, from XP.
He argues that it is possible to have a broad portfolio that covers different occasions that the long-term journey will involve.
READ TOO
“You will be investing for 20, 30 years and there will certainly be fluctuations during this period.
Being able to build a portfolio of different asset classes makes you cross-reference scenarios. Minimizing negative effects and capturing positive scenarios much more efficiently. “
Ease of access to products has also grown. “I was in this sector ten years ago and there was more bureaucracy.
It was necessary to sign several documents and make a carbon copy.
And today everything is 100 % digital, you can do it on your computer or cell phone. The options are increasingly sophisticated, making the sector more competitive. “
Quality information and public education are also necessary for private pensions to attract the interest of Brazilians.
“Our role, day and night, is to provide quality information so that the general public can make the best decision for their future. There are two main pillars that will support the expansion of private pension systems. Firstly, income over which we have no control and dissemination of product information. This way we can explain the difference. which is more suitable for certain audiences,” said Alexandre.
Here you see that there are some benefits of private pensions, so think long term.
