By Andrew Block & Katherine Carter The Pensions Regulator (TPR) has published a market oversight report on investment by UK pension schemes in private markets, particularly UK private markets. Key findings include: Trustees are open to UK private market investments if the investments offered meet the scheme’s investment needs and characteristics. DC schemes and master […]

By Sebastian Köhne I study life-expectancy inequality in a Mirrleesian life-cycle framework with pension-linked fiscal externalities and private retirement saving. Heterogeneous longevity affects optimal redistribution by changing both the expected fiscal cost of pension benefits and the mapping from disposable income into social marginal welfare. I derive an ABCD optimal tax formula that incorporates these […]

By Clara Andresciani, Debora Di Gioacchino & Laura Sabani This paper revisits the “decongestion effect” argument, according to which greater reliance on privately financed healthcare relieves pressure on public services. We develop a probabilistic voting model in which individuals, who differ in income, may purchase tax-deductible private health insurance, thereby gaining access to private care […]

Defined benefit (DB) plan sponsors are in one of their strongest funding positions in decades, and a record 95% of those with de-risking goals, up from 76% in 2019, ultimately intend to completely divest their pension liabilities. According to MetLife’s 2026 Pension Risk Transfer (PRT) Poll, released today, PRT remains the key solution, with 88% […]

The current Triple Lock system From April 2030, the government will adjust the Triple Lock, increasing the value of the State Pension every year. This means it will continue to protect pensioners against price rises and ensure they benefit as the economy grows. The State Pension is uprated annually and is based on the Triple […]

Asia is rapidly ageing for two main reasons: People are living longer, and birth rates are falling. According to the World Economic Forum’s Longevity Dividend report, co-authored with Marsh, the global over-65 population will grow by 53%, while the working-age population will rise by a mere 13% by 2040. Asia’s ageing population is no longer […]

South Korea’s Homeplus announced on Oct. 7 that it has launched a voluntary retirement program as it seeks to cut fixed costs and stabilize operations after sharply reducing its store network during its prolonged financial difficulties. The troubled discount chain noted that it began accepting applications Wednesday and will continue through Oct. 22. Employees who […]