April 2026

Superintendencia de Pensiones propone 15 fondos generacionales para reemplazar a los multifondos

La Superintendencia de Pensiones (SP) informó este viernes que, una vez recibidos y analizados los comentarios de las AFP, y avanzado el trabajo que actualmente se encuentra desarrollando, ya tiene elaborada una propuesta preliminar de estructura de fondos generacionales, la que se pondrá en consulta pública. De acuerdo a lo establecido en la reforma de pensiones los fondos generacionales reemplazarán al actual esquema de multifondos a partir de abril de 2027. Así el regulador plantea que, a cambio de los cinco fondos de pensiones actuales, ahora existan 15 alternativas. “La...

Analysis-Brazil shackles public pension funds after Banco Master meltdown

Brazil’s biggest bank failure in recent history has led to an aggressive crackdown on public pension funds, which were among its creditors, limiting their portfolios in ways that could make it harder to hit their long-term targets. The new restraints for public pension funds, which manage some $73 billion in Brazil, are part of the widening fallout from the liquidation of Banco Master, with consequences for politicians, a state-run lender and even central bankers. Although Master was not considered a systemic...

Nigel Farage commits to keeping ‘triple lock’ for state pensions if he becomes PM

Nigel Farage today vowed to keep the 'triple lock' for state pensions if he's prime minister - but Reform UK could take the axe to 'gold plated' civil service schemes. After months of internal wrangling within Reform over the issue, Mr Farage said the triple lock 'is going to stay' if his party wins the next general election. There had previously been signs of a split at the top of Reform over the triple lock, which sees state pensions increase in line with whichever...

Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind

Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer. Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a December blog post, citing Federal Reserve data. Compared to 1989, when those over 70 years old held 19% of the wealth in the household sector, older Americans now own 31% of the wealth. That chunk of change is an outsize share compared to other generations....

México. Afore XXI Banorte es líder en educación financiera: CONSAR

La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR) otorgó a Afore XXI Banorte una calificación perfecta en el Censo de Educación Financiera y Previsional (CEFP) 2025, al cumplir con la totalidad de los indicadores evaluados en materia de difusión, generación de contenidos y alcance de información para los trabajadores. El CEFP, que desde 2016 mide las acciones de las Afores para fortalecer las capacidades financieras de la población, evaluó en esta edición 31 temas relacionados con bienestar financiero, funcionamiento del...

España. El patrimonio de planes de pensiones se redujo en 1.694 millones en el primer trimestre, según VDOS

Por tipo de entidad, todas las categorías han registrado descensos patrimoniales, siendo las aseguradoras las que mejor han resistido al registrar una disminución del 0,52%. La banca mantiene su posición mayoritaria de cuota de mercado con un 76,29%, seguidos de grupos independientes y aseguradoras, con un 8,16% y un 5,85%, respectivamente. Caixabank lidera el ranking por patrimonio gestionado, con 24.538 millones y una cuota de mercado del 28,07%. Le sigue BBVA con 16.491 millones y una cuota del 18,87%, y Banco...

Costa Rica. Proyecto de ley propone hasta 10 años de cárcel por desvío de fondos públicos y de pensiones

Iniciativa presentada en la Asamblea Legislativa plantea subir las penas hasta 10 años de cárcel y eliminar la prescripción en ciertos casos. Un proyecto de ley presentado a la corriente legislativa propone endurecer las sanciones por malversación de fondos públicos, con penas que podrían alcanzar los 10 años de prisión cuando se trate de recursos provenientes de fondos de pensiones o destinados a obras sociales e infraestructura. La iniciativa, tramitada bajo el expediente 25.524 y presentada por el diputado Óscar Izquierdo Sandí del Partido Liberación Nacional (PLN), plantea una reforma al...

Reform UK plans to scrap ‘gold-plated’ public sector pensions for new workers

Reform UK has unveiled plans to abolish so-called "gold-plated" pension arrangements for new public sector workers from 2030. The proposals would see defined benefit schemes, which guarantee retirement income, replaced with defined contribution arrangements dependent on investment performance. Under the plans, individuals entering public sector employment after 2030 would no longer have access to guaranteed pension payouts. The policy would take effect if Nigel Farage secures victory at the next general election. Reform UK has previously committed to ending such schemes for new...

Can Nigeria’s N27 Trillion Pension Assets Rescue Its Aailing Health Sector?

Nigeria’s pension fund assets experienced an unprecedented 20% surge in 2025, reaching a total of N27.3 trillion (approximately KES 2.35 trillion) by the end of December. While this growth represents a significant triumph for the National Pension Commission (PenCom), a critical debate is now emerging: can these vast resources be diverted from financing government deficits to fixing Nigeria’s chronic healthcare financing gap? Currently, the overwhelming majority of these assets—over 65%—are invested in Federal Government of Nigeria (FGN) securities. While these...

UK. Annuity rates rise to 7.62% in March

Average annuity rates increased to 7.62 per cent in March, boosting potential retirement income, the Standard Life Annuity Rate Tracker has shown. Annuity pricing improved by 1.46 per cent over the quarter from 7.51 per cent at the end of 2025, as long‑term interest rates remained high. The data showed that a healthy 65-year-old with £100,000 of pension savings could have received an annual income of up to £7,620, representing an extra £3,000 for men and £4,000 for women over a lifetime. Standard...