August 2025
22Aug

Pensions in Aging Asia and the Pacific: Policy Insights and Priorities

By Rafal Chomik, Philip O’Keefe & John Piggott This paper looks at how pension systems across Asia and the Pacific can overcome common challenges of low contributory coverage, inadequate social pensions, and failure to include the informal sector. Pension systems in the region also exhibit gender inequities, a lack of policy flexibility and attention to labor incentives, and underdeveloped governance. The paper reviews the structure and performance of regional pension systems, and makes proposals for an expanded role for social pensions...

August 22, 2025
Books, Books, Pension design, Reports, , , ,
Read more...
22Aug

IORPs in Focus Report 2024

By European Insurance and Occupational Pensions Authority This report outlines the latest market developments in the occupational pensions sector, with a focus on IORPs and their cross-border arrangements. A factsheet summarizing the key findings accompanies the publication, providing a visual overview of the main trends in Europe's IORP sector for interested readers. Get the report here

August 22, 2025
Books, Books, Reports, System Characterization, , , ,
Read more...
01Aug

Pensions Investment Review: Final Report

By HM Treasury, Department for Work and Pensions & Ministry of Housing Communities and Local Government The Final Report sets out the conclusions of the Pensions Investment Review, launched in July 2024.  Legislation to implement the reforms will form part of the forthcoming Pension Schemes Bill. The reforms will deliver a major consolidation in the Defined Contribution (DC) workplace pensions market. This will enable more investment in productive assets and greater potential returns for members of DC workplace schemes. A reserve power will also...

August 1, 2025
Books, Books, Regulation, Reports, , ,
Read more...
01Aug

The Path to 2075 — The Positive Story of Global Aging (Daly/Njie/Allen)

By Jan Hatzius, Joseph Briggs, Kevin Daly, Johan Allen, Sarah Dong & Megan Peters The global population is aging, driven by a combination of increased longevity and declining fertility. This phenomenon is most pronounced in developed (DM) economies, where the ‘working-age ratio’ (ages 15-64) has already decreased from 67% in 2000 to 63%, and is projected to fall to 57% by 2075. In emerging economies, the 15-64 share is close to a peak (66%) and is expected to decline to...

August 1, 2025
Aging, Books, Books, Reports, , ,
Read more...

July 2025
25Jul

Unintended Consequences: How Scaling Back Public Pensions Puts Government Revenues at Risk

By National Conference on Public Employee Retirement Systems The argument that taxpayers cannot afford public pensions has gained traction despite a woeful lack of empirical evidence to support it. Legislators across the nation are contemplating options for the future funding of public-sector worker retirement benefits at a time when competition for finite state and local resources is fierce. The reasons are familiar: the lingering effects of recession and misguided budget priorities have taken a toll. Time and again, defined-benefit pensions...

July 25, 2025
Books, Books, Pension design, Reports, , , ,
Read more...
25Jul

State of the nation: DB endgames – where are we now and what’s next?

By Laura McLaren & Lauren Branney  For those managing defined benefit (DB) pension schemes, it’s a pivotal and exciting time. The pensions landscape has changed significantly in recent years, opening up new strategic possibilities. We’ve seen record-breaking activity in the bulk annuity market and growing innovation in consolidation, and alternative risk transfer, leading to new settlement options. We’ve also seen more schemes considering the potential benefits of running on. We explore how the DB pensions environment has shifted, and what this could...

July 25, 2025
Books, Books, Pension Management, Reports, , , ,
Read more...
18Jul

Developing Retirement Living Standards

By Matt Padley & Claire Shepherd The Retirement Living Standards (RLS), first published in 2019 and funded by the Pensions and Lifetime Savings Association (PLSA), set out what the public agree is needed to retire at two living standards above a minimum standard of living, based on extensive research with members of the public. The research uses the established approach to defining minimum living standards pioneered at CRSP and describes in detail what the public agree single and partnered retirees...

July 18, 2025
Adequacy, Books, Books, Pension design, Reports, , , ,
Read more...
18Jul

Individuals’ challenges managing pensions through retirement

By Bee Boileau, Jonathan Cribb & Carl Emmerson This report is one of two reports on the management of pension wealth in retirement conducted as part of the Pensions Review, led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust. In this report, we examine the decisions that older individuals face as they draw on and manage their private pension wealth through retirement. In particular, we highlight the growing importance of defined contribution (DC) wealth,...

July 18, 2025
Books, Books, Pension design, Reports, , , ,
Read more...
11Jul

The Pensions Review: final recommendations

By Jonathan Cribb, Carl Emmerson, Paul Johnson, Heidi Karjalainen & Laurence O’Brien This final report of the Pensions Review, a major project launched in April 2023 by the Institute for Fiscal Studies, in partnership with abrdn Financial Fairness Trust, examines the main risks to today’s working-age individuals in the UK pension system and sets out policy proposals primarily focused on improving outcomes for future generations of retirees. This report does further analysis and draws on the large number of reports...

July 11, 2025
Books, Books, Reports, System Characterization, , , ,
Read more...
11Jul

Addressing the Challenges for Asset-backed Pensions in Indonesia

By Organisation for Economic Co-operation and Development This report assesses the challenges to ensuring adequate benefits in retirement for the Indonesian population. The design of the asset-backed pension system aims to help individuals to accumulate resources to finance their retirement. However, the rules of the system may not help achieve the desired objectives, appropriate schemes or vehicles may not always be available and individuals may not necessarily make use of those available. This can lead to retirement savings gaps that...

July 11, 2025
Books, Books, Pension Management, Reports, , , , ,
Read more...