News Archives - Page 12 of 949 - Pension Policy International

15MayMay 15, 2026

The Paradox of Pensions in an Aging Society

South Korea will enter a super-aged society in December 2024, when the population aged 65 and older exceeds 10 million, accounting for more than 20% of the total population. This shift has occurred 2 to 3 years earlier than previously projected for 2027. The proportion of elderly individuals is expected to reach 30% by 2036 and exceed 40% by 2050. With an average life expectancy projected to be 88.6 years by 2050, many retirees may face nearly 30 years...

May 15, 2026

NewsAging, Indonesia

14MayMay 14, 2026

Just two of the world’s top financial institutions have commitments to phase out fossil fuels

Only two of the world’s 400 largest financial institutions have ‘robust commitments’ in place to phase out fossil fuels, new analysis from the World Benchmarking Alliance (WBA) has found. According to the WBA’s Financial System Climate Assessment, around one third of the assessed firms have ‘initial signs of transition planning towards a low-carbon economy’, including setting metrics and targets to drive and monitor progress, or embedding transition planning within governance structures. However, just 26% were found to have transition plans that cover financed activities, rather than focusing...

May 14, 2026

NewsClimate crisis, Investment

14MayMay 14, 2026

The Rise of Assisted Living, Its Aging Population, and What It Means for Facilities and Oversight

Serving as a middle option between independent living and institutional care, assisted living is playing an increasingly important role in long-term services and supports (LTSS), with more older adults than ever living in assisted living communities. That growth has meant changing demographics, emerging challenges, and a greater focus on evolving oversight needs. Today, residents in assisted living communities are older and are more likely to have dementia, amplifying the need for appropriate direct-care staffing. Many of assisted living’s challenges, such...

May 14, 2026

NewsAging, Healthcare, Retirement Planning

14MayMay 14, 2026

NPRA deploys risk-based supervision to fortify Ghana’s pension industry

The National Pensions Regulatory Authority (NPRA) has taken a major step toward strengthening oversight and protecting contributors’ retirement funds with the full deployment of its Risk-Based Supervisory System (RBSS). According to the Chief Executive Officer of the Authority, Christopher Boadi Mensah, the reform marks a major institutional shift from traditional compliance-based supervision to a more targeted, intelligence-driven regulatory framework. Under the new system, NPRA can better monitor compliance and profile risks among industry players, identify early warning signs, and take preventive...

May 14, 2026

News, UncategorizedGhana, supervision

14MayMay 14, 2026

Indonesia:The newest member of group of ageing Asian nations

Indonesia is now officially an ageing nation, according to the 2025 Intercensal Survey (SUPAS) published by Statistics Indonesia (BPS). The survey published on 12 May 2026 reveals that the percentage of the elderly population has climbed to 11.97%, breaching for the first time the 10% threshold used to differentiate between a young population and an ageing one. The exercise conducted every five years found that the elderly population share has continued to climb in each of the surveys. The ageing population...

May 14, 2026

NewsAging, Indonesia

13MayMay 13, 2026

The largest UK pension schemes are substantially ahead on climate action as smaller schemes risk falling further behind

88% of the largest schemes have a credible net zero implementation strategy compared to 61% on average for all schemes reviewed Almost all schemes with assets above £5bn now target net zero, compared with just over half of smaller peers, averaging 76% across all schemes. Average Implied Temperature Rise remains at 2.4°C, suggesting schemes are still exposed to assets misaligned with climate goals XPS Group, a leading UK consulting and administration business specialising in the pensions and insurance sectors,...

May 13, 2026

NewsClimate crisis, Pension Management, UK

13MayMay 13, 2026

US. Labor unions oppose Senate crypto bill ahead of Thursday committee markup: report

Five labor organizations urged the U.S. Senate to oppose the pending crypto market structure bill, warning that the legislation would expose worker retirement accounts to cryptocurrency volatility. The opposing groups include the AFL-CIO, Service Employees International Union, American Federation of Teachers, National Education Association, and American Federation of State, County and Municipal Employees, CNBC reported Tuesday. According to CNBC, SEIU, AFT, NEA, and AFSCME wrote in a previously unreported May 9 letter that the bill “jeopardizes the stability of workers’ retirement plans, including...

May 13, 2026

NewsCryptocurrencies, Investment, Pension Management, Risk

13MayMay 13, 2026

Europe’s demographic challenge: how to guarantee intergenerational fairness in pensions and beyond

Engaging younger generations earlier The core challenge is timing. Pension planning often begins too late, even though early contributions are crucial. Yet for many young people, retirement feels too distant to prioritise. Speakers highlighted financial literacy and pension awareness as key tools but stressed that education must go hand in hand with practical solutions. Well-designed systems, such as automatic enrolment, can significantly increase participation, while pension tracking tools can help individuals keep oversight in increasingly mobile careers. Addressing persistent inequalities Fairness between generations...

May 13, 2026

NewsIncome, US, Withdrawals

13MayMay 13, 2026

Longevity risk at the individual level

Wellthspan Advisory’s Nadine Esposito explains why living longer does not automatically mean living securely. We celebrate longer lives. In the EU, life expectancy has climbed above 81 years, and reaching 90 is no longer exceptional. Yet beneath this achievement lies an uncomfortable reality: longevity extends time, and time increases exposure. Exposure to health shocks. Exposure to career disruption. Exposure to caregiving demands. Exposure to systems under strain. The dominant narrative frames longevity as a financial challenge: save more, invest better, delay retirement....

May 13, 2026

NewsAging, South Korea

13MayMay 13, 2026

Older people risk mental decline if they do long hours of caring, UK study shows

The stresses and strains of caring for someone for 50 hours or more a week leads to “accelerated cognitive decline” in middle-aged and older people, research shows. However, providing care for only five to nine hours a week has the opposite effect, boosting brain health so much that the benefits last until older age. Carers UK called the findings “extremely worrying” and said they highlight how long hours spent providing care raises the risk of social isolation and burnout. Dr Baowen Xue,...

May 13, 2026

NewsAging, Health, Healthcare