November 2025

South Africa. Military veterans pension “collapsing”

South Africa’s military veterans were promised dignity, stability, and financial relief through the Military Veterans Pension. Instead, thousands remain trapped in poverty and uncertainty as the Department of Military Veterans (DMV) and the Government Pensions Administration Agency (GPAA) preside over one of the most dysfunctional benefit rollouts in post-apartheid history, according to the Amalgamated Veterans of South Africa (AVSA). Ernest Lintnaar, CEO of AVSA, said what was meant to uplift veterans has become a crisis of unlawful deductions, lost files,...

Belgium: three-day strike against government plans

Belgium on Monday braced for three days of nationwide strikes called by unions to protest the government's proposed budget cuts and reforms to the pension system. The strikes are taking place in three waves. Trains and public transport begin striking Monday, with national railroad company SNCB expecting to run two out of three trains, or just one out of three on some lines. Several Eurostars linking Brussels to Paris have been cancelled. On Tuesday, public services such as schools, creches, and...

Three in five pension funds threaten to replace asset managers: study

Despite managing US$139bn in global assets set to climb to US$200bn by 2030, asset managers are watching profits disappear. According to PwC's 2025 Global Asset and Wealth Management research, profit as a share of assets under management has already dropped roughly 19 percent since 2018, with projections showing another 9 percent decline by 2030. The crisis is structural, not temporary. According to PwC's analysis of 300 asset managers, institutional investors, and distributors, 89 percent of asset managers report profitability pressure over the...

Pensions: an urgent call

For most Latin Americans, the most effective way to ensure an income in old age is through pension systems. They work differently in each country, but for the average citizen they represent their main source of livelihood in the last stage of their life. However, despite their importance, most people do not know how they work, or because of their design, many of them are at risk of not being sustainable in the long term. "Saving is a very difficult thing....

China. Robotics eldercare expands amid aging population challenge

Artificial joints fitted closely around Zhang's legs, tiny motors humming as they learned his strides. With each step, the sensors tracked his movements and the whole frame gently pushed him forward. In a rehabilitation center in Beijing's Fengtai District, the 76-year-old, once dependent on a caregiver, lifts his feet, one after the other, walking with the help of a robotic exoskeleton. "I used to need someone by my side," he said with a grin. "With the robot training, I can walk...

US. Milliman analysis: Public pension funding rises in October to highest level in study history

Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. For the seventh straight month, the PPFI funded ratio improved in October, rising from 85.4% as of September 30 to 86.3% as of October 31, surpassing the previous high-water mark of 85.5% set at the end of 2021. Another month of strong investment returns—estimated at 1.0% in...

UK. People’s Pension reduces government bond exposure over volatility concerns

The People’s Pension has overhauled the £6bn pre-retirement section of its default fund, cutting cash and sovereign bond exposure in favour of a global portfolio of short-dated corporate bonds. The £35bn master trust said the changes were intended to “deliver better long-term outcomes” for older savers while continuing to manage drawdown risk. It said recent fiscal concerns had driven heightened volatility in government bond markets, reducing the appeal of sovereign debt on a risk-adjusted basis. UK and US government bonds have experienced...

El Gobierno belga anuncia un acuerdo de presupuesto cuando el país inicia 3 días de paros por los recortes

El Gobierno de coalición belga ha alcanzado esta madrugada un acuerdo sobre las reformas y recortes que pondrá en marcha para lograr un ahorro de 9.200 millones de euros de aquí a 2029, poniendo así fin a la crisis por la que el primer ministro, el ultranacionalista Bart de Wever, amenazó con dimitir si no se pactaba el presupuesto antes de fin de año. El acuerdo llega, además, cuando comienzan tres días consecutivos de movilizaciones y paros contra los recortes,...

Colombia. Pensiones que aumentarán con el salario mínimo de 2026: conozca cuáles sí subirán; algunas se quedan por fuera

En medio de la polémica por cuanto será el incremento del salario mínimo en Colombia, este aumento también trae consigo que algunas de las pensiones del país presentan una leve subida. De esta manera, las personas que están pensionadas podrían ver ese aumento en el 2026 y se encuentran a la expectativa de lo que puede suceder en las próximas semanas cuando se determine el valor del salario mínimo. ¿Cómo saber cuántas semanas tiene cotizadas en Colpensiones? Siga este paso a...

Belgium braced for three-day national strike over budget cuts

Belgium on Monday braced for three days of nationwide strikes called by unions to protest the government's proposed budget cuts and reforms to the pension system. The strikes are taking place in three waves. Trains and public transport begin striking Monday, with national railroad company SNCB expecting to run two out of three trains, or just one out of three on some lines. Several Eurostars linking Brussels to Paris have been cancelled. On Tuesday, public services such as schools, creches, and hospitals join the...