March 2026

Inertia is the real danger for ageing populations: Alexandra Miles

I recently read the book Time Bomb: When Ageing Explodes by Giles Merritt, which lays out why demography is one of Europe’s most underestimated economic threats. The argument is unsettling: ageing is already reshaping economies, politics and social contracts, and its effects will intensify. At the core of the challenge is a shrinking workforce. Merritt highlights how Europe’s post-war prosperity rested on a favourable worker-retiree balance, with five workers to each pensioner. Today, it is below 3:1 in much of Europe...

Nigeria. PenCom targets one million informal women for pension

The National Pension Commission has officially launched an ambitious drive to enrol one million women into the Personal Pension Plan, marking a significant shift in its strategy to extend financial security to Nigeria’s vast informal sector. The initiative was unveiled by the Director-General of PenCom, Ms Omolola Oloworaran, during an outreach campaign held to commemorate International Women’s Day on Tuesday in Lagos. Speaking to market women and entrepreneurs at Mile 12 Market in Lagos, she highlighted the urgent need to bridge...

Raising MPF contribution levels a tricky but necessary step for Hong Kong

People have long complained their mandatory pensions will never be enough to retire on. That is true, but the flip side is that by contributing less than many comparable pension schemes overseas, local workers have more spending power in the present. There is always a trade-off. Perhaps the Mandatory Provident Fund (MPF) scheme should be seen more as a financial cushion for a person at the end of their working life, rather than a nest egg. Still, the scheme needs...

México. Avanza en comisiones del Senado reforma a pensiones ‘doradas’; esperan ahorro de 5 mil mdp

Por unanimidad, avanzó en el Senado la reforma constitucional propuesta por la presidenta, Claudia Sheinbaum,  que pone un límite a las pensiones de altos mandos de empresas estatales, organismos públicos y banca de desarrollo y ajusta las jubilaciones millonarias actuales de los ex funcionarios de esos organismos, con lo que ese espera un ahorro de 5 mil millones de pesos al año. La reforma al Artículo 127 Constitucional se aprobó con los 32 votos de los integrantes de las comisiones de Puntos Constitucionales...

Chile. El impacto negativo en los fondos de pensiones de la primera semana del conflicto en Medio Oriente

El conflicto bélico en el Medio Oriente ha generado una ola de volatilidad en los mercados globales, una turbulencia que las AFP también han debido enfrentar en los fondos de pensiones. El 28 de febrero iniciaron los ataques de Estados Unidos e Israel contra Irán. Con este telón de fondo, durante la primera semana de guerra, los multifondos que gestionan las AFP han registrado una rentabilidad negativa, sin embargo, en el acumulado del año siguen anotando retornos positivos. Esto, porque al...

Consar se une a la Global Money Week México 2026

Cada año, el mundo se une a la Global Money Week, Semana Mundial del Dinero (GMW), una iniciativa promovida por la Organización para la Cooperación y el Desarrollo Económico (OCDE), que se ha consolidado como una de las campañas más importantes de educación financiera a escala global. Este 2026, se celebrará la decimocuarta edición con el objetivo de fortalecer las habilidades financieras de niños, jóvenes y adultos. La iniciativa de este año tiene el lema: "Habla de dinero, es de buena educación",...

España. Pensionistas llaman a la huelga general del 17M para exigir un salario mínimo propio

El Movimiento de Pensionistas de Euskal Herria (MPEH) ha mostrado su apoyo al establecimiento de un Salario Mínimo Interprofesional propio para la Comunidad Autónoma Vasca (CAV) y Navarra y ha llamado a las personas pensionistas y trabajadoras a participar activamente en la huelga general del próximo 17 de marzo de 2026, convocada para impulsar esta reivindicación social. En un comunicado difundido este lunes, el colectivo considera que la mejora de los salarios constituye la principal garantía para sostener y reforzar el sistema público de pensiones, al...

How the UK’s largest pension schemes have navigated recent volatility

Leading pension scheme investment bosses have highlighted the importance of appropriate governance processes to help navigate periods of volatility. On a panel discussion at the Pensions UK Investment Conference in Edinburgh this week, senior representatives from three of the UK’s largest pension managers explained that clear delegation and communication were key to successfully navigating volatility. Joe McDonnell, chief investment officer at Border to Coast Pensions Partnership, said his asset allocation committee had been meeting “more frequently” in recent weeks to assess...

92% of pension professionals say administration is as important as investment and strategy, XPS polling finds

More than nine in ten (92%) pension professionals believe administration is as important as investment and funding strategy in running a well-governed scheme, according to new polling by XPS Group. The findings are based on responses gathered during a recent XPS webinar examining the evolving role of pension administration amid growing regulatory focus. When asked whether administration is a core pillar of the pensions industry infrastructure (145 responses): 92% agreed it is as important as investment and strategy 8% somewhat agreed ...

How to fix the UK’s 37% pension gap

The UK’s gender pension gap is one of the largest in the developed world. On average, British women retire with pensions around 37% lower than men’s, according to OECD data.1 That gives us the second-largest gender pension gap among the 38 developed economies the organisation looks at. This isn’t just a statistic. It translates into: Less financial independence in later life Greater reliance on partners or the state Higher risk of poverty in retirement More difficult choices about when (or whether)...