October 2026

US. Poverty Rates Continue to Climb for Older Adults

The poverty rate of people 65+ is the highest of all age groups and is growing, according to an AARP Foundation analysis of 2025 supplemental poverty rate data on older adults released by the U.S. Census. The report assessed Census data for adults aged 65+ along with those aged 50-64, as near-retirement poverty can portend poverty in retirement. AARP Foundation’s review, released in September 2026, found that adults aged 50+ have had an increase in poverty rates since 2019. Adults...

UK. Employee pension contributions jump to £3.2bn

Employee contributions into private sector defined contribution occupational pension schemes reached £3.2bn in the first quarter of 2026, according to ONS data. This figure represents an increase of around £600m from £2.6bn in Q1 of 2025. Employer contributions also increased significantly, rising from £6.2bn in Q1 2025 to £6.8bn in Q1 2026. Active membership of private sector DC schemes edged up by 30,000 over the same period to 11.5 million. Deferred membership of private sector DC schemes increased from 22.1 million...

Pakistan. Govt plans voluntary pension scheme for informal workers

Pakistan is considering a voluntary pension scheme for domestic workers, agricultural workers, self-employed persons and other informal workers currently outside the formal pension system. The development emerged during a meeting of the Cabinet Committee on Pension Reforms for the Uncovered Labour Force, chaired by Federal Minister for Law and Justice Senator Azam Nazeer Tarar. The committee reviewed different models for bringing pension-excluded workers into the social protection system, including options for participation by employers, employees and self-employed individuals. The proposed framework would...

Fewer older Americans are working. Here’s one likely reason

Older Americans make up an ever-larger share of the workforce, a trend that dates to the 1990s. Over the past few years, however, the employment rate among older Americans has been falling. Or “collapsing,” as one report puts it. The share of Americans ages 55 and over participating in the labor force dropped from 39.2% in February 2022 to 36.9% in July 2026, according to data from the federal Bureau of Labor Statistics. In a brief Aug. 11 note, economists from Bank of...

UK’s Nest pension picks Wellington in £3.5 billion emerging market active equity shift

Britain's largest workplace pension scheme Nest has moved its entire £3.5 billion ($4.6 billion) in emerging ​market equities to US active manager Wellington Management, ending a focus on index investing to better manage sustainability risks, ‌an executive told Reuters. Nest, the £68 billion scheme into which more than 14 million workers are automatically enrolled, had invested the money passively for more than a decade, echoing a global market trend in which trillions of dollars have followed suit to save on...

India Is Getting Old Before Getting Rich, Will Turn ‘Aged’ In 16 Years: Moody’s

India spent decades worrying about having too many people. But the economic challenge now emerging is almost the opposite. Fewer Indians are being born, fertility has fallen below the replacement level, and the country's age structure is starting to change, according to the latest Moody's report. The result will not be visible overnight. But over the coming decades, India will have more elderly people and, eventually, a smaller proportion of people in the working-age population. As per the report, India entered...

Bank of Ghana personnel costs more than double to GH¢3.29bn in three years as staff numbers rise

Figures contained in the bank’s annual reports and audited financial statements show that personnel costs increased from GH¢1.62 billion in 2022 to GH¢3.29 billion in 2025, representing growth of about 103 per cent. By comparison, reported staff strength rose from 2,206 to 2,691 during the same period, an increase of approximately 22 per cent. The figures show a widening gap between the growth in the bank’s workforce and the cost of maintaining its personnel. Personnel expenditure increased from GH¢1.26 billion in 2021...

September 2026

UK State Pension Triple Lock To Be Scrapped, Andy Burnham Says

Millions of state pension holders will now receive a less generous retirement income as a result of changes announced by Prime Minister Andy Burnham at the 2026 Labour Party conference. The pivot, which will mean the state pension “triple lock” will be downgraded to a “double lock,” comes after intense pressure from across the political spectrum. Under the existing system, the state pension triple lock uprates annual state pension payments by the higher of wage increases, inflation, or 2.50%. Under...

U.S. pension funds seen selling $33 billion in stocks in near-term: Goldman

Large institutional investors are moving in different directions this week as the month draws to a close, according to Goldman Sachs's trading desk. U.S. pension funds are projected to sell approximately $33 billion in stocks as September ends, Goldman Sachs said in a note Monday. This selling flow ranks in the 98th percentile of the firm's data dating back to 2000. At the same time, commodity trading advisors are positioned to buy around $11.5 billion in stocks globally if markets remain flat...

Pension funds urged to rescue Nigeria’s ailing healthcare system

With foreign funding for healthcare declining, pension funds and other domestic investors have been urged to put more money into Nigeria’s healthcare sector to help close the country’s growing financing gap. The call was made at a private markets and healthcare roundtable organised by HealthCap Africa in Lagos, where pension fund managers, regulators, development finance institutions, healthcare investors and operators examined ways to mobilise more private capital for healthcare. The meeting, with the theme ‘Healthcare as an Asset Class,’ identified pension...