September 2026

Spain. The Social Security chains a surplus of 9.162 million until July thanks to the strong advance of contributions

The Social Security closed the first seven months of the year with a positive result of 9.162 billion euros, equivalent to 0.5% of GDP. This balance is obtained after total revenues of 154.231 billion euros, 7.8% more than a year earlier, against expenses of 145.069 billion, which increased by 7%, according to data released this Friday by the Ministry of Inclusion, Social Security and Migration. Between January and July, the system obtained 109.913 billion euros in income from social contributions,...

Canada. Teachers pension plan pledges $10-billion in new investment in Canada by the end of 2027

Ontario Teachers’ Pension Plan is aiming to invest an additional $10-billion in Canada by the end of 2027, increasing the size of its $100-billion domestic portfolio. The $303-billion pension fund announced Friday that it intends to add new investments in both publicly traded equities and private assets. Early next week, hundreds of the world’s top financial sector CEOs and senior executives will gather in Toronto for the inaugural Canada Investment Summit, where Prime Minister Mark Carney will try to attract more...

UK. I asked my husband to pay into my pension when we had a child – here’s why

When Molly and Taylor Haylett started their family, they hadn't really planned for what it would mean financially. "Our first child surprised us, so we weren't prepared for it," says Molly, 30, a financial adviser from Essex. Molly and Taylor, who's a train driver, were earning similar amounts, but once Molly spent more time at home with their baby, the balance changed. "Taylor's career propelled and mine took a step back," she says. "There's an unintended impact on the person who spends...

México. Gasto en pensiones será de 2.5 billones de pesos y alcanzará el 6.3% del PIB nacional en 2027

El gasto público en pensiones alcanzará los 2.5 billones de pesos (bdp) en 2027, equivalentes al 6.3% del Producto Interno Bruto (PIB) nacional, según el Proyecto de Presupuesto de Egresos de la Federación 2027. Se trataría del mayor gasto en pensiones durante un solo año en la historia de las finanzas públicas de México, además de que representará casi la suma total del gasto que se prevé destinar en 2027 a educación (1.4 bdp) y salud (1.2 bdp) Según las proyecciones...

Los 300 mayores fondos de pensiones del mundo alcanzan los 27,7 billones de dólares en activos

Los 300 mayores fondos de pensiones del mundo alcanzaron un volumen récord de 27,7 billones de dólares en activos gestionados al cierre de 2025, lo que supone un crecimiento del 13,4% respecto al año anterior y el mayor incremento anual registrado desde 2017, según el informe Global Top 300 Pension Funds, elaborado por el Thinking Ahead Institute de WTW, en colaboración con Pensions & Investments. El incremento fue especialmente significativo en los fondos de mayor tamaño. Los 20 más grandes...

Panamá. Proyecto para equiparar pensiones y jubilaciones regresa a primer debate

La creación de un fondo para equipar a un mínimo de 600 dólares las pensiones y jubilaciones en Panamá regresó a primer debate, luego que el pleno de la Asamblea Nacional decidiera que al documento le hacen falta adecuaciones importantes, para su viabilidad y posterior ejecución. La decisión plenaria se sustentó en que para que al proyecto encuentre una viabilidad económica, necesita contar con la fórmula económica que permita la equiparación, y por ello, se requiere de un proceso de...

El Salvador. Reforma de pensiones 2027 será paramétrica: ¿qué pasaría con edad y cotizaciones?

La reforma de pensiones en El Salvador prevista para 2027, como parte de los compromisos adquiridos con el Fondo Monetario Internacional (FMI), será de carácter paramétrico. Esto significa que el Gobierno podría modificar algunas reglas del sistema actual, aunque todavía no se conocen públicamente los cambios que incluirá la propuesta. Entre los aspectos que pueden ajustarse en una reforma de este tipo están la edad de jubilación, los años de cotización, los aportes que realizan trabajadores y empleadores y los...

UK. Inside the Pensions Regulator’s new approach to enforcement

The regulator published its new enforcement approach on its website, setting out how it will use “better data, intelligence, and market insight” to inform its actions and “identify emerging risks sooner, engage earlier, and step in before problems escalate”. In its enforcement strategy document, the regulator explained that it had developed a “more focused, agile and outcomes-driven model that is better aligned with the changing risks in the pensions landscape”. It pledged to take “decisive action” when it identifies areas of...

AIIB eyes new platform to pool private capital for Asia’s US$1.7tr infrastructure needs

The Asian Infrastructure Investment Bank (AIIB) is developing a new platform to pool capital from institutional investors, aiming to roughly quadruple the private capital it mobilises for infrastructure projects across Asia, according to a senior officer. The mechanism will allow insurers, pension funds, and other institutional investors to co-invest in infrastructure debt alongside the bank across its 111 member countries on a programmatic basis, rather than negotiating deal by deal. Kim-See Lim, AIIB’s chief investment officer, described the initiative as being...

US’s Solo Aging Crisis Is Here

Most people spend decades planning for the financial risks of retirement. Almost no one plans for the social ones. Yet the risk that derails the final chapter of life is rarely running out of money. It is running out of people. Roughly 28% of Americans age 65 and older now live alone, according to Census and KFF Health News data, up from about 10% in 1950. More than 38 million Americans of all ages currently live alone, the highest share...