July 2026

US. The Crisis Behind the Housing Crisis

Ms. Scanlon, a contributing Opinion writer, is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. It’s no secret that we don’t have enough housing in the United States. Even Congress agrees: The biggest housing bill in decades recently became law and should help. Supply is outmatched by demand, and the young can’t get into areas with dynamic and expansive economies. We certainly have a housing crisis. But hiding inside it is a retirement crisis...

South Africa. FSCA teams up with NPA to hold employers accountable for non-payment of pensions

The Financial Sector Conduct Authority (FSCA) is working closely with law enforcement agencies and other stakeholders to ensure employers pay over contributions to pension funds. It is working with the National Prosecuting Authority (NPA), the Hawks and the National Treasury, among other organisations, to strengthen enforcement and improve accountability, FSCA divisional executive for retirement funds supervision Zarena Camroodien told Business Day. Earlier this month the FSCA reported total arrears in pension contribution payments were estimated to be R8.33bn, which affected about...

México. Propone experto que Afore cobren comisión por flujo y no por el saldo

Gustavo Leal Fernández, especialista en seguridad social de la Universidad Autónoma Metropolitana, planteó que las administradoras de fondos para el retiro (Afore) cobren su comisión sobre el flujo de las aportaciones en lugar de hacerlo sobre el saldo acumulado en las cuentas individuales, monto que continúa en expansión constante y que vuelve cada vez más sólidas las ganancias de estas empresas. Datos de la Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) muestran que la utilidad neta de...

Japón impulsará a su gigantesco fondo de pensiones a elevar las inversiones alternativas, según Nikkei

Japón tiene como objetivo elevar el peso de las acciones no cotizadas, el sector inmobiliario y otras inversiones alternativas en la cartera del Government Pension Investment Fund (GPIF), el mayor fondo de pensiones del mundo, según informó este domingo el diario Nikkei. La ministra de Finanzas, Satsuki Katayama, que ha estado intentando apuntalar la debilidad del yen, provocó el viernes un repunte de la divisa y de los precios de los bonos gubernamentales al afirmar que el Ejecutivo pretende orientar...

España. La trampa de las pensiones: “Estamos trasladando el coste a generaciones que todavía ni votan”

Por cada euro que el trabajador medio aporta al sistema a lo largo de su vida laboral, obtiene tras su jubilación aproximadamente un 62% más. El sistema de pensiones español es el elefante en la habitación de la política económica española. Todo el mundo sabe que está ahí, nadie quiere mirarlo de frente. Esta semana, en Economía para Quedarte sin Amigos, recuperamos el capítulo anual dedicado a las pensiones con Daniel Fernández, coautor junto a Santiago Calvo del libro El...

UK MPs back benefit boost for 66-year-olds as pension age increases

The UK government should look at increasing universal credit for 66-year-olds to prevent financial hardship stemming from the "lottery of life" as the state pension age rises to 67, according to a committee of MPs. The Work & Pensions Committee said it is backing calls for the government to increase universal credit for 66-year-olds. It said ministers should consult on the change with a view to putting it in place by the end of 2026 as a temporary measure, allowing time...

Japan to push its massive pension fund to boost alternative investments, Nikkei says

Japan aims to raise the ratio of unlisted shares, real estate and ​other alternative investments in the portfolio ‌of the Government Pension Investment Fund, the world's largest pension fund, the Nikkei said on Sunday. Finance ​Minister Satsuki Katayama, who has been trying ​to boost the weak yen, sparked ⁠a jump in the currency and government ​bond prices on Friday by saying the government ​aimed to steer the $1.8 trillion GPIF and other state pension funds to "substantially" increase investments in...

US. Chicago’s Pension Crisis: Mendoza Warns of Bankruptcy Risks

Chicago mayoral candidate Susana Mendoza raised alarms regarding the city's underfunded pension system, warning that some funds are at risk of "complete bankruptcy" amid market adjustments. This news is particularly relevant for investors in Super Micro Computer Inc SMCI -0.9% 84, which operates in the technology sector. GF Value™ verdict: $88.13 vs Current Price $28.24 = 68.0% undervalued GF Score™: 84/100, indicating strong fundamentals Key financial signal: P/E (TTM) of 14.94x compared to a 5-Year Median P/E of 19.34x What's Behind the News? Mendoza's comments...

Jamaica. Senate approves pension rule changes, unblocks billions for private equity

THE Senate on Friday approved amendments to the regulations governing pension schemes to allow them to increase the investment limit for private equity from five per cent to 7.5 per cent, with a further increase to 10 per cent by April 2027. There was bipartisan support for the measure that Government and Opposition senators said will unlock investment opportunities, ultimately leading to economic growth. However, there was concern from Opposition members about the small percentage of Jamaican workers enrolled in pension...

México. “No invertiremos en proyectos que pierdan dinero; es ilegal”: Amafore

Guillermo Zamarripa, presidente de la Asociación Mexicana de Administradoras de Fondos para el Retiro (Amafore), descartó mermas financieras en las cuentas de los trabajadores ante las iniciativas para financiar obras públicas sectoriales luego de que el Sistema de Ahorro para el Retiro (SAR) cumpliera 29 años de operaciones en el país. En entrevista con David Páramo para Imagen Radio, el representante gremial afirmó que el marco normativo vigente impide de manera estricta la asignación de recursos administrados hacia activos que carezcan...