April 2026

UK. The birth of the buy-in: Reflections on 20 years of pension risk transfer

Buy-ins are now well-established and regularly dominate the headlines in the pensions press. But that has not always been the case. Take yourself back to March 2006. A small group of us at LCP was contemplating what the recent launch of a wave of new insurers seeking approval to write bulk annuities could mean for defined benefit (DB) schemes. We saw potential benefit for trustees and sponsors, and so our pension risk transfer practice was born. Today, we have a thriving...

SMU launches Longevity Societies and Economies Institute to advance knowledge and innovation for Singapore’s longevity transition

Singapore Management University (SMU) has launched the SMU Longevity Societies and Economies Institute (LSEI) which will focus on the economic and societal transitions needed for economies and societies to continue thriving despite an ageing population. The Institute was launched on 14 April by Ms Indranee Rajah, Minister in the Prime Minister's Office, Second Minister for Finance and Second Minister for National Development, at the World Ageing Festival 2026, organised by Ageing Asia with SMU as the Co-host and Academic Pillar Partner. Singapore is already...

Kenya. Audit raises red flag over Sh118.5 billion pension payments to ghost retirees

An audit has uncovered persistent irregularities in the pension system, raising fresh concerns over the possibility of ghost pensioners, incomplete records and questionable payments running into billions of shillings. The Auditor General's report covering the financial year ending June 2024 reveals that billions of shillings in pension payments remain under scrutiny due to gaps in records, delayed processing and long-standing reconciliation issues. In her report to Parliament, Gathungu questioned the accuracy of Sh118.55 billion pension payments, which include Sh61.68 billion for...

La IA se acerca a las AFORES de los mexicanos

México discute si el ahorro para el retiro debería usarse para financiar carreteras, puertos y otras obras de infraestructura nacional. Pero hay un proyecto de infraestructura mucho más grande que ya se está financiando, sin demasiada atención, y parte del dinero es mexicano. La construcción no está en Sonora ni en el Istmo. Está en el norte de Virginia, en Texas y en Ohio, donde los centros de datos se levantan a una velocidad notable. Parte del capital detrás de...

Colombia. Corte fija reglas en demandas de pensionados que reclaman traslados a fondos sin haber recibido información clara

Cinco sentencias de la Sala de Casación Laboral de la Corte Suprema sentaron posición sobre la responsabilidad de los fondos de pensiones privados cuando no ha existido suficiente información para los afiliados en el momento de decidir un traslado de régimen. En las sentencias (SL168, SL169, SL170, SL175 y SL177 de 2026), la Corte precisó que, cuando un trabajador fue trasladado sin información suficiente y eso le impidió pensionarse con una mejor mesada en Colpensiones, puede haber lugar a una indemnización. Además, la Corte fijó una fórmula para calcular ese posible daño. Para la Corte, si las administradoras no entregaron información “suficiente,...

Chile. AFP Habitat vuelve a arremeter contra la reforma de pensiones y espera “modificaciones legales” en el “corto plazo”

El presidente del directorio de AFP Habitat, Luis Rodríguez, al igual que en la memoria pasada, reiteró sus críticas a la reforma de pensiones aprobada en 2025 durante el gobierno del expresidente Gabriel Boric. En sus reparos, el alto ejecutivo manifestó su deseo de cambios en la materia. “Esperamos que, en el corto plazo, se impulsen las modificaciones legales necesarias tanto para corregir las deficiencias de la reforma como para abordar los problemas estructurales del sistema, con el objetivo de avanzar hacia...

Costa Rica. 30 mil pensiones del Magisterio recibirán ajuste tras reforma aprobada en el Congreso

La Asamblea Legislativa aprobó en segundo debate una reforma para descongelar los fondos de casi 30.000 pensiones del Magisterio Nacional que no perciben ajustes por costo de vida desde el 2020 a causa de la regla fiscal. Consiste en una propuesta de ley presentada por el Frente Amplio y la Comisión de Discapacidad y Adulto Mayor del Congreso. Los beneficiarios reciben su jubilación del Regimen Transitorio de Reparto (RTR), cuyos ajustes ante el costo de la vida dependen directamente de los aumentos salariares otorgados...

Why climate action matters for healthy longevity

Global life expectancy has more than doubled in just over a century, from around 32 years in 1900 to about 73 years today. This is the result of cleaner water, better nutrition, vaccines and more resilient health systems. But these gains now face a slower-burning threat: A rapidly warming planet. Climate change has long been associated with risks such as sea-level rise and biodiversity loss. Now it raises deeper questions of whether future generations will live not only longer lives, but healthier ones...

US. Retirees are facing a $345,000 bill they never saw coming — and most aren’t prepared

Advances in medicine have extended the “golden years” for many retirees—also increasing the number of years retirement savings must support everyday living expenses. Those added years can carry a significant price tag in the form of rising healthcare costs. Recent studies suggest healthcare can become a six-figure retirement expense, even for people who do “everything right.” Yet planning lags. A recent D.A. Davidson survey of U.S. adults found that while 8 in 10 are concerned about healthcare costs in retirement,...

Major Australian pension fund mulls crypto offerings amid growing demand

Hostplus, Australia's third-largest pension fund by member count, is reportedly considering offering cryptocurrencies as an investment option, citing interest from its members in the asset class. “There’s certainly a demand from some of our members who write in and say, ‘Why can’t I have access to cryptocurrency?’” Sam Sicilia, the fund's chief investment officer, told Bloomberg on Monday. Investment offerings in crypto could be available as soon as next financial year, he said, with Bitcoin and other digital assets offered through its...