editor, Author at Pension Policy International

12FebFebruary 12, 2026

As China Ages, a Pension Crisis Looms

On October 23, 2025, the Fourth Plenary Session of the 20th Chinese Communist Party Central Committee concluded with approval of the 15th Five-Year Plan, covering the period from 2026 to 2030. Chinese leaders have described this plan as a “crucial link” in the country’s long-term goal of achieving fundamental modernization by 2035. Yet beneath these ambitions lies a structural challenge that threatens to erode many of its gains. Amid rapid economic growth and ambitions for a highly modernized industrial system,...

February 12, 2026

NewsAging, China, System sustainability

12FebFebruary 12, 2026

Navigating the DB Pension Endgame: Lessons from Global Leaders

Aging populations and falling birth rates are placing mounting pressure on pension systems worldwide. In Europe alone, the dependency ratio is expected to climb sharply over the next two decades, threatening retirement adequacy and prompting governments to raise pension ages and reduce benefits. At the same time, global retirement systems are transitioning toward defined contribution pension strategies, leaving defined benefit (DB) plans to increasingly operate as legacy arrangements. Regulatory reforms are also sweeping across markets, often centralizing governance, accelerating consolidation...

February 12, 2026

NewsDefined Benefit, Pension Management

12FebFebruary 12, 2026

US. Older people power a gray-shaped economy

Forget K-shaped, try gray-shaped: Older Americans are powering the economy. Why it matters: The changing demographics in the U.S. — more old people, fewer young ones — are reshaping jobs and spending in all kinds of ways. The latest: Nearly all of the job growth in January came from the health care and social assistance sectors, per the BLS data out Wednesday. Health care employment also drove much of the labor market growth last year. How it works: "As the population ages, you need more doctors and nurses, but you also...

February 12, 2026

NewsAging, US

12FebFebruary 12, 2026

WTW Sees Nearly $100B UK Pension Risk Transfer Market in 2026

The U.K. pension risk transfer market—driven by plan asset surpluses—is expected to continue its growth trajectory this year, according to WTW’s annual “De-Risking Report.” The firm forecast the U.K. PRT market to reach more than 70 billion pounds ($95 billion) this year, an approximate 15% increase from last year. WTW expects the bulk annuity market to exceed 50 billion pounds, while longevity swaps—which transfer the longevity risk of plans, based on their members, to insurers—are expected to exceed 20 billion pounds in activity. “The risk transfer market is entering 2026 with strong momentum,” said Gemma Millington, WTW’s senior...

February 12, 2026

NewsPRT, UK

11FebFebruary 11, 2026

Chile. Superintendencia de Pensiones informa topes imponibles definitivos para 2026

La Superintendencia de Pensiones (SP) dio a conocer este martes el valor definitivo del tope imponible mensual para calcular las cotizaciones obligatorias del sistema de pensiones, de salud y de leyes de accidentes del trabajo que regirá en 2026. Así el nuevo valor será de 90,0 Unidades de Fomento (UF), equivalente a $3.571.978 millones al valor actual. La cifra es superior en 2,2 UF a los 87,8 UF del 2025 y además es levemente mayor a las 89,9 UF, que...

February 11, 2026

NoticiasChile, Regulación

11FebFebruary 11, 2026

México. ¿Eres freelance o independiente?, tu Afore también es para ti: Cómo empezar a ahorrar en 2026

En el México de 2026, el número de trabajadores independientes, freelancers y emprendedores sigue en aumento. Si eres parte de este creciente segmento de la población, es probable que te preguntes: sin un patrón que haga aportaciones, ¿cómo puedo ahorrar para mi retiro? La respuesta es clara: la Afore también es para ti. Existe la creencia errónea de que las Administradoras de Fondos para el Retiro (Afore) son exclusivas para los trabajadores asalariados con IMSS o ISSSTE. Sin embargo, el sistema está...

February 11, 2026

NoticiasAhorro, Mexico, Sector Informal

11FebFebruary 11, 2026

Colombia. La Corte Suprema cambia las reglas: estas personas podrán cobrar una pensión sin llegar a la edad mínima

El sistema pensional en Colombia está basado en dos exigencias clave: edad mínima y semanas cotizadas. Una reciente postura de la Corte Suprema de Justicia reconfigura ese escenario. Para miles de trabajadores y sus familias, no cumplir de forma estricta con esos requisitos ha significado quedar por fuera de cualquier ingreso, incluso después de años de aportes. El alto tribunal aclaró que existen situaciones en las que es posible acceder a una mesada sin alcanzar la edad exigida. La interpretación vigente facilita que más personas puedan acceder al derecho sin necesidad de cumplir una edad...

February 11, 2026

NoticiasColombia, Regulación

11FebFebruary 11, 2026

5 tips para proteger tu ahorro para el retiro de fraudes digitales.

En México, los productos financieros formales se han vuelto más accesibles. Este avance, ha facilitado el uso de herramientas como cuentas de ahorro, créditos, seguros y Afores para planear el futuro financiero. Sin embargo, este mayor acceso también ha generado nuevos riesgos, principalmente a través de prácticas como publicidad engañosa, suplantación de identidad y diversas estafas en línea, cuyo objetivo es obtener información personal y bancaria para disponer de recursos sin autorización. La Comisión Nacional para la Protección y Defensa...

February 11, 2026

NoticiasAhorro, Mexico

11FebFebruary 11, 2026

Global pension assets rise by nearly 10%, reaching new high

Rising by 9.6% year-on-year, global pensions assets reached a record USD 68.3 trillion in 2025 as defined contribution (DC) savings continued to drive growth, according to the Thinking Ahead Institute’s (TAI) latest Global Pension Assets Study. 2025 showed sustained recovery across global markets with strong investor sentiment and relatively contained volatility, culminating in the creation of USD 6.0 trillion of pension asset value. Of the top seven global pensions markets – Australia, Canada, Japan, Netherlands, Switzerland, UK, US – DC now forms...

February 11, 2026

Newssavings

11FebFebruary 11, 2026

US. People Now Have Much More Money in IRAs than 401(k)s. Why That Leaves Workers More Vulnerable.

The most extraordinary development in the U.S. private sector retirement system is not the shift away from old-fashioned defined benefit plans, which began around 1980 and is virtually complete today, but rather the movement away from 401(k) plans, which replaced the defined benefit plans, to Individual Retirement Accounts (IRAs). Total IRA assets now exceed the money in 401(k)s by $7 trillion (see Figure 1). The shift from 401(k)s to IRAs moves the employees’ money to a different regulatory environment. 401(k)...

February 11, 2026

Newssavings, US

February 2026