March 2025
12Mar

UK. 453,000 Pensioners Face Frozen DWP Payments Amid Government Cuts

Nearly 453,000 British state pensioners living overseas are facing financial hardship due to the UK’s controversial “frozen pensions” policy. This policy denies pensioners residing in certain countries, such as Canada, annual inflation-linked increases to their state pensions. The End Frozen Pensions campaign has been advocating on behalf of these pensioners for years, calling for a policy change that would adjust state pensions in line with inflation, regardless of where individuals choose to live. The Impact of Frozen Pensions on Expat Pensioners According to Edwina Melville-Grey, Chair...

March 12, 2025
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12Mar

South Africa . Ramaphosa assures MPs pension funds used to invest in infrastructure will be protected

President Cyril Ramaphosa has assured MPs that the funds of pensioners that will be used to invest in infrastructure will be protected and safeguarded. He said that amendments to pension fund legislation and regulations had created room for these investments to be made into the country’s infrastructure. Ramaphosa was responding to oral questions in the National Assembly on issues around growing the economy. "They are not state resources. To facilitate in infrastructure investment, government needs to provide those savers with a reasonable...

March 12, 2025
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12Mar

Malaysia to mandate 2% pension fund contribution from foreign workers

Malaysia is set to require its 2.5 million foreign workers to contribute 2% of their monthly salaries to the national pension fund, with employers obligated to match the same amount. Foreign workers will earn dividends on their contributions and can withdraw their savings when they permanently return to their home countries, according to new regulations under the national pension scheme, Employees Provident Fund, which is set to take effect in the last quarter this year, according to The Straits Times. The 2%...

March 12, 2025
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12Mar

UK. How US stock market falls could affect your pension – and what to do about it

Stock markets in the US fell sharply on Monday, with worries about the economic impact of President Donald Trump’s tariffs thought to be behind the dip. The S&P 500, a stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States, was down over 8 per cent at close on Monday compared to its all-time high in February. The Nasdaq, which focuses more on technology stocks, also dipped, as did Asian markets at...

March 12, 2025
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11Mar

Panamá. Aprueban en segundo debate proyecto de ley 163 que reforma la CSS

El proyecto de ley 163, que modifica, adiciona y deroga artículos de la Ley Orgánica de la Caja de Seguro Social, fue aprobado en segundo debate, este lunes, 10 de marzo, por el pleno de la Asamblea Nacional. Según la votación electrónica, que se realizó artículo por artículo, 117 artículos son originales, 80 fueron modificados, se eliminaron 6 artículos, se aprobaron 47 propuestas nuevas y y se rechazaron 74 nuevos artículos que propusieron varios diputados. El proyecto, que fue presentado por...

March 11, 2025
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11Mar

Alerta en la UE por el “insuficiente” control en el reparto de los fondos europeos en España

Tirón de orejas del Tribunal de Cuentas de la Unión Europea a España por la falta de control en el reparto de los fondos europeos. El organismo comunitario considera que los controles de los fondos de recuperación Next Generation han sido «insuficientes» para asegurar que el reparto se ciñe a las reglas sobre licitaciones públicas y ayudas estatales. Así lo constata en su último informe censor, en el reconoce que aunque los controles que efectúa la Comisión Europea han mejorado desde 2021, denuncian...

March 11, 2025
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11Mar

Chile. La reforma de pensiones logró obtener el visto bueno del TC y queda lista para ser promulgada

La reforma de pensiones tuvo el visto bueno del Tribunal Constitucional (TC). Con ello, el proyecto que modifica el sistema previsional chileno queda ad portas de que pueda ser publicada en el Diario Oficial. Tras ser votada en el Congreso y lograr ser despachada, la iniciativa fue ingresada al TC, para que el organismo pudiera pronunciarse respecto a su constitucionalidad. En este sentido, en su fallo del examen de control preventivo, el Tribunal confirmó el apego de la reforma a la Constitución. Reforma de pensiones sortea...

March 11, 2025
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11Mar

Pension funds should take climate risk more seriously, say experts

Pressure is mounting on pension funds to take more account of climate change risks, with campaigners calling on trustees to make sustainable investment decisions and use their voting power to push companies they invest in to go green. They also want  governments to consider tighter regulation to force transparency. The push comes as some big pension funds are already taking more action on climate despite US president Donald Trump’s hostility to ESG, and some companies are backtracking on climate commitments...

March 11, 2025
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11Mar

UK. A shocking number of over-40s think they’ll have to work past pension age – for one clear reason

A huge number of over-40 workers in the UK fear they’ll be unable to retire from the workforce until into their 70s - because they won’t have the pension in place to do so. New research data shows more than a third of over-40s think they’ll still be working far past the state pension age, currently 66, while over a quarter are concerned they don’t know enough about their pension plans because their employers do not provide the necessary information. In the UK, the deadline...

March 11, 2025
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11Mar

Oman. Early retirement poses risk to pension fund sustainability: SPF CEO

Early retirement remains a major challenge to the sustainability of pension funds in Oman and the Gulf region, according to Dr Faisal bin Abdullah al Farsi, CEO of Social Protection Fund (SPF). He also said that extended provision of job security benefits is straining the fund’s reserves. Speaking at the inaugural session of Communication Dialogue, organised by Government Communication Centre, Farsi emphasised the need for reforms to ensure long-term financial stability. He noted that early retirement is a system unique...

March 11, 2025
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