October 2026

China’s push to bolster social insurance schemes draws online backlash

China's efforts to boost contributions to its welfare system have drawn a backlash on social media, with users demanding better jobs and higher wages first, highlighting the challenges Beijing faces ​as it takes steps to restructure its export-reliant economy. The plans aim to expand participation in social insurance schemes, including pensions and medical ‌insurance, and improve employers' compliance with contribution rules. Beijing hopes broader and more reliable coverage will give households greater protection against retirement, healthcare and other risks, reducing...

Europe’s pensions rank among the world’s best – but how secure are they?

A new ranking of 55 retirement income systems reveals how Europe’s pension systems compare, with concerns over the long-term sustainability of benefits in some of the continent’s largest economies. The Netherlands offers the best pension system in the world, according to the Marsh CFA Institute Global Pension Index (MCGPI). The top-ranking country received a score of 85.8 out of 100, followed by Denmark at 84.1 and Iceland at 84.0. They are the only European systems awarded the best grade. Singapore, Israel...

How Increased Life Expectancy Impacts Retirement Planning and Longevity Risk

People are living longer nowadays and it could affect how they plan for retirement. According to the Centers for Disease Control and Prevention (CDC), the average life expectancy at birth in 2024 was 76.5 years for males, 81.4 years for females, and 79 years for both sexes. 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. A longer life means more years in retirement, and that shift...

Hong Kong ranks second in Asian pension systems, behind Singapore, as ageing tests retirement

Hong Kong’s retirement system remains one of Asia’s stronger performers this year, ranking second and trailing only Singapore. The two remain clear regional leaders, ahead of Malaysia, mainland China, Taiwan, Japan and South Korea, according to a report. The city retained its B grade, with its score edging up from 70.6 to 71.2, ranking 16th globally out of 55 systems, according to the annual Marsh CFA Institute Global Pension report by Marsh, a New York-based global professional services firm, and...

México. Afores cerrarán 2026 con plusvalías pese a la inflación y las altas tasas

A pesar de la volatilidad internacional, la inflación persistente y el alza en las tasas de interés, las Administradoras de Fondos para el Retiro (afores) registrarán plusvalías al cierre de 2026, aseguró Guillermo Zamarripa, presidente de la Asociación Mexicana de Administradoras de Fondos para el Retiro (Amafore). El directivo indicó en entrevista con Excélsior que este año destaca por ser un periodo complejo para los mercados financieros internacionales. “Factores como el conflicto bélico iniciado en febrero, el repunte en los...

El desplome del fondo E de las AFP incendia la política en Chile

El fondo E, el más conservador del sistema chileno de pensiones, acumula una caída real del 10,4% entre enero y septiembre. Lo que empezó como un escalofrío entre sus más de 770.000 afiliados, un 10% de ellos con edad de jubilarse, se ha convertido en un asunto de Estado. El Gobierno de José Antonio Kast no descarta acciones legales, mientras que la Cámara de Diputados anunció que realizará una sesión especial para abordar las pérdidas y analizar las eventuales...

Colombia. El Gobierno propone cambiar la fórmula del deslizamiento del mínimo en pensiones

El Gobierno Nacional continúa publicando borradores de decretos que buscan modificar algunas de las decisiones adoptadas por la administración anterior y que tienen efectos sobre el sistema pensional. En esta oportunidad, el Ministerio de Hacienda propone modificar el Decreto 1485, relacionado con el deslizamiento del salario mínimo en las rentas vitalicias, para ajustar la fórmula con la que se calcula la cobertura de este riesgo y la distribución de sus costos entre el Estado y las aseguradoras. Este borrador, publicado...

Puerto Rico. Prepararse para el retiro: Un reto ante el costo de vida

Retirarse en Puerto Rico implica cada vez más planificación financiera ante un panorama en el que los gastos cotidianos continúan presionando el presupuesto de los hogares. Aunque muchas personas se preguntan cuánto dinero necesitan acumular antes de dejar de trabajar, especialistas consultados por el vocero explicaron que no existe una cifra única para tomar esa decisión, pues el monto necesario dependerá de la calidad de vida que cada persona aspire a mantener y de sus gastos durante la jubilación. La fundadora...

Aging populations are straining retirement systems worldwide

Today, Marsh (NYSE: MRSH), a leading global professional services firm, and CFA Institute, the global association of investment professionals, today released the 18th annual Marsh CFA Institute Global Pension Index (MCGPI), comparing 55 retirement income systems across the globe, covering 66% of the world’s population. As fertility rates fall and life expectancies rise, the world’s retirement income systems face mounting pressure. This year’s Index examines how aging populations will impact the design and long-term sustainability of pension systems worldwide –...

Japan pension fund GPIF broadens sustainability investing beyond ESG indexes

Japan’s Government Pension Investment Fund (GPIF) is broadening its sustainability investment approach beyond its reliance on ESG index strategies as it seeks to improve long-term performance across its portfolio. GPIF outlines the shift in its 2025 Sustainability Investment Report, published on October 15. The report reflects the Sustainability Investment Policy established in March 2025 and sets out a broader approach combining multiple strategies to reduce sustainability-related risks, improve market sustainability and secure market-average returns. The pension fund says its fiscal 2025...