February 2026

Colombia. ¿Qué efectos tendrán los recientes cambios normativos en el sistema pensional? ABC de lo que está pasando

En los últimos meses, el sistema pensional colombiano, especialmente el Régimen de Ahorro Individual con Solidaridad (Rais), ha enfrentado uno de los ajustes más fuertes de las últimas décadas. Dos decisiones adoptadas por el Gobierno Nacional (el incremento excepcional del salario mínimo y la modificación del parámetro de deslizamiento para las rentas vitalicias) están generando impactos acumulativos sobre afiliados, pensionados, aseguradoras y las finanzas públicas. Estos serían losprionciplaes efectos, según un informe técnico elaborados por Asofondos. ¿Qué cambió? El primer cambio fue el aumento del salario mínimo. En...

US. 1/3 Withdraw 401(k) Balances After Job Changes—What Is Driving This Trend?

Retirement savers are generally putting more into their 401(k) accounts these days, but much of the money Americans are saving for their future doesn’t end up lasting until then. That's because a large portion of employees withdraw their 401(k) balance in a lump sum when they leave a job, rather than rolling it over to their new employer or into another account, or leaving their balance where it is. One-third of those who have Vanguard-administered 401(k) plans and left a job did this, according to...

UK pensions regulator urged to fine-tune multi-employer CDC rules

The Pensions Regulator’s (TPR) revised code of practice for collective defined contribution (CDC) pension funds has been broadly welcomed, but industry players are calling for fine-tuning to reduce remaining uncertainty. Launched in December, the consultation set out how TPR plans to authorise and supervise multi-employer CDC schemes, expanding on its existing single-employer framework. The revised code reflects government regulations published in October, expected to take effect at the end of July 2026, alongside TPR’s finalised guidance. The proposals aim to open...

What Trump’s Australian-style retirement program would look like in the US

Although pensions have largely disappeared thanks to tax code changes in the 1970s, today individuals have more options than ever to save for retirement with a variety of IRA and employer-sponsored plans to choose from. But Americans may soon have another account option for to retirement savings. In early December, CNN reported that President Donald Trump's administration is considering implementing an Australian-style retirement program in the U.S. Put simply, an Australian-type retirement program comprises an employer-sponsored retirement plan, which in Australia is commonly known...

Canada. Pension giant taps Peru power play in US$3.4 billion deal

Peru’s push to modernize its power system is pulling in fresh Canadian pension money, with CPP Investments backing a US$3.4bn infrastructure bet tied directly to the country’s energy transition and mining economy. Canada Pension Plan Investment Board’s investment arm has agreed to acquire a 50 percent stake in Lima-based Inkia Energy alongside Miami-based infrastructure manager I Squared Capital, in a deal that values the company at US$3.4bn including debt. Inkia operates a 2.6GW generation portfolio through Kallpa Generación S.A. and Orazul Energy Peru S.A., supplying power to Peru’s mining-driven economy and positioning the platform...

Del ahorro al impacto: el retiro en México necesita reinventarse

Hablar de retiro en México ya no puede limitarse a pensiones y ahorro obligatorio. El país envejece con rapidez y ese cambio demográfico está transformando la manera en que millones de personas viven —y prolongan— su etapa productiva. En 2022, la población de 60 años o más alcanzó los 18 millones de personas, cerca del 14% del total nacional. A la par, la OCDE proyecta que la razón de dependencia en México pasará de 0.14 en 2023 a 0.36...

Perú. Proponen noveno retiro de AFP de hasta S/22.000 y devolución total para herederos

Vamos de nuevo. El pasado lunes 19 de enero se cumplió el plazo para el octavo retiro de AFP. No ha pasado un mes y ya desde el Congreso han presentado el que sería el primero proyecto del noveno retiro de fondos de pensiones. Se trataría de, otra vez, un acceso libre de hasta 4 UIT (S/22.000) para todos los afiliados sin excepción. Sin embargo, ahora en esta primera propuesta presentada por Américo Gonza de Perú Libre hay una medida más. “En caso de fallecimiento del aportante o afiliado,...

Underpaid and under pressure: The eldercare workforce leading the US’s job growth

The U.S. added 130,000 jobs in January, according to federal data released this week. But a closer look shows that the lion's share of this growth came from one specific task: caring for older Americans. Grouped under the formal categories of "social assistance" and "healthcare," at-home care services, hospitals and long-term care facilities added 124,000 positions. Much of this expansion was among the tens of thousands of aides and assistants who help elderly and disabled people bathe, dress, eat and manage...

Lufthansa Strike Puts Pension Dispute And Long Term Profitability In Focus

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Deutsche Lufthansa (XTRA:LHA) is facing a coordinated 24 hour strike by pilots and cabin crew. The walkout is set to affect departures across all German airports. The dispute centers on retirement and pension funding, with management citing limited financial flexibility. The action is expected to disrupt passenger travel and Lufthansa's near term operations. For you as an investor, this strike sits at...

New Life Expectancy Data Reveals Surprising Impact on Retirement Plans

What’s Changed About Life Expectancy—and Why It Matters People are living longer nowadays. According to the Centers for Disease Control and Prevention (CDC), the average life expectancy was 75.8 years for males, 81.1 years for females, and the average for both sexes is 78.4 years in 2023.1 But these averages don’t tell the whole story. Medical advances mean more people are living into their late 80s and 90s than ever before.2 A longer life means more years in retirement, and that shift...