US. Pension giants warn SEC climate rule rescission will cost investors
The SEC announced its rescission proposal in May, saying the rules exceed the scope of its statutory authority ...
UK. Industry welcomes introduction of multi-employer CDC; focus turns to implementation
The pensions industry has welcomed the introduction of regulations for multi-employer collective defined contr ...
Living Longer Isn’t The Same As Aging Well & A Massive New Study Proves It
Living longer used to feel like the whole point. More birthdays, more time with people you love, more years to ...
OECD urges UK to ditch triple lock
The UK government must scrap the state pension triple lock to tackle its vulnerable public finances, according ...
U.S. pension risk transfer costs decrease slightly in June: report
U.S. pension plan sponsors’ derisking costs decreased from 99.7 per cent to 99.6 per cent of accounting liabil ...
Population Aging Is Here. Immigration Can Offer Half an Answer.
Population aging has become a defining challenge of our time and is galloping ahead faster than predicted. In ...
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ARTICLES
Transductive infrastructure: The role of ICTs in the UK and EU’s policy initiatives on financial literacy
By Jing Wang & Jiuheng He Information and communication technologies (ICTs) have become central to public-facing policy programs, yet they remain undertheorized, only treated as either instruments or objects of such policies. This paper argues that ICTs in such programs operate as transductive infrastructures, a delivery chain not only transmitting policy information but also defining […]
When States Break Promises: Informal Insurance Responses to Pension Reform
By Alina Malkova When governments expand pension systems, families reduce intergenerational transfers. This paper tests the reverse: do families substitute back toward informal insurance when governments renege on pension promises? I study Russia’s 2014 funded pension freeze, which eliminated future contributions for workers born after 1967, using RLMS panel data (2010–2023) and a cohort difference-in-differences […]
Retirement at Risk: The Political Economy of Public Pension Governance
By Allen Mendenhall & Dan Sutter State public pension systems manage over $6 trillion in assets while facing approximately $1.3 trillion in unfunded liabilities, raising fundamental questions about governance effectiveness and fiduciary accountability. This Article examines these challenges through the analytical framework of governance, applying insights from public choice, principal-agent models, and corporate governance to […]
NEWS
US. Pension giants warn SEC climate rule rescission will cost investors
The SEC announced its rescission proposal in May, saying the rules exceed the scope of its statutory authority and are “unnecessary and inconsistent” with a registrant-specific, materiality-based approach to disclosure. In the proposal document, the US financial regulator also said it expects the market-driven flow of information to continue following a rescission of the rules. […]
UK. Industry welcomes introduction of multi-employer CDC; focus turns to implementation
The pensions industry has welcomed the introduction of regulations for multi-employer collective defined contribution (CDC) arrangements, with the focus now shifting towards implementation. Regulations to enable unconnected multi-employer CDC schemes came into force today (31 July), as set out in the government’s workplace pensions updated roadmap. The government laid the regulations for multi-employer CDC arrangements in October […]
Living Longer Isn’t The Same As Aging Well & A Massive New Study Proves It
Living longer used to feel like the whole point. More birthdays, more time with people you love, more years to do the things that matter. But a new analysis tracking 204 countries over three decades is asking a harder question: are those extra years actually good ones? Researchers found that while life expectancy has risen significantly around […]
OECD urges UK to ditch triple lock
The UK government must scrap the state pension triple lock to tackle its vulnerable public finances, according to the Organisation for Economic Cooperation and Development (OECD). In its latest survey of the country’s economy , the body said that the triple lock “puts upward pressure on public expenditure and adds significant fiscal risks by exposing […]