News Archives - Page 13 of 977 - Pension Policy International

19AugAugust 19, 2026

Nigeria. Risk management must become the pension industry’s competitive advantage

Nigeria’s pension industry has earned its reputation as one of the nation’s most successful financial sector reforms. Since the introduction of the Contributory Pension Scheme (CPS) and the Pension Reform Act 2014, pension assets have grown steadily, millions of Nigerians have enrolled, and confidence in retirement savings has improved considerably. As the industry expands into an increasingly digital and uncertain world, merely complying with regulations is no longer sufficient. Risk management must evolve from a regulatory obligation into a...

August 19, 2026

NewsNigeria, Risk

19AugAugust 19, 2026

Australia. Superannuation at the centre of attention

Suddenly, superannuation has become a hot-button issue in Australia. Germany was the first modern state to introduce old-age pensions. That was in 1889 when Bismarck required all employees to contribute to funding their retirement incomes. Australia and Britain introduced means-tested but non-contributory pensions in 1908. Britain’s was shifted to a (partial) contributory basis in 1925. In principle, Australia began moving to a fully contributory scheme in 1992. Virtually all but the poorest of countries now have some form of old age pension. Most...

August 19, 2026

NewsAustralia, System sustainability

19AugAugust 19, 2026

UK. Inflation-proofing retirement income: are clients overlooking a valuable annuity opportunity?

We’ve seen a significant cost of living shock since 2020, with prices rising sharply over the past six years. While there were hopes inflation was easing, geopolitical uncertainty earlier this year has already had knock-on effects, with energy bills rising again this month. After many years of relatively modest price rises, inflationary pressures have been a defining feature of this decade. Prices have risen by 42%1 since 2020, once the cumulative impact of inflation has been considered, according to...

August 19, 2026

NewsPension design, UK

19AugAugust 19, 2026

Morocco’s Pension Fund Promises less Paperwork, Faster Processing

Morocco’s Caisse Marocaine des Retraites (CMR) has announced new measures aimed at simplifying retirement and survivor-pension case management, under Circular No. 8/2026. The goal is to reduce administrative paperwork and speed up the processing of applications for future retirees and their beneficiaries, the pension fund said. The new framework fits within a broader push to modernize public administration and digitalize public services, building on Circular No. 7/2019, which had already introduced electronic management of retirement case files. The main change...

August 19, 2026

NewsMorocco, Operations

18AugAugust 18, 2026

Reform proposes ban on most benefits for foreign nationals in UK

Foreign nationals would be excluded from most benefits under a Reform UK government, the party has said. The ban, part of a proposed overhaul of Britain's benefits system, would include European Union (EU) nationals with settled status in the UK, meaning a renegotiation of the UK's Brexit deal with the EU. In a speech on Monday, the party's economy spokesman, Robert Jenrick, said: "The British taxpayer is acting as the welfare state for the world. That's unfair, we all know it." Reform...

August 18, 2026

NewsPension Reform, UK

18AugAugust 18, 2026

Malaysia’s pension fund investment income jumps 48 pct in H1

Malaysia's state-owned pension fund, the Employees Provident Fund (EPF), recorded investment income of 57.50 billion ringgit (14.16 billion U.S. dollars) in the first half of 2026, up 48 percent from a year earlier, helped by strong global equity markets, the fund said Monday. Investment income for the second quarter also rose 44 percent year-on-year to 29.77 billion ringgit, the retirement fund said in a statement. EPF Chief Executive Officer Ahmad Zulqarnain Onn said the fund benefited from strong global equity markets...

August 18, 2026

NewsMalaysia, Pension Management, Returns

18AugAugust 18, 2026

UK. Single pensioners drive rise in retirement poverty, LCP finds

The consultancy said the overall pensioner poverty rate, measured on a consistent basis, rose from 15.7% in 2012-13 to 18.6% in 2023-24. Poverty among pensioner couples has remained relatively flat over the period, but rates have climbed sharply among single pensioners, particularly those who are divorced or have never married. More recent corrected figures from the Department for Work and Pensions, which are not yet available as a long-term series, put the poverty rate among single pensioners at 19.8% in...

August 18, 2026

NewsAdequacy, Income, UK

18AugAugust 18, 2026

Restoring dignity: How pension reforms are reviving Zimbabwe’s retirement system

Every month-end, Mr Mxolisi Dube (72) from Makokoba suburb in Bulawayo arrives at his local bank before sunrise. Long before the doors open, he joins dozens of fellow pensioners waiting patiently to collect what should be the reward for a lifetime of hard work and sacrifice. Clutching a worn leather wallet, the retired foundry worker waits with quiet hope that this month’s pension will stretch a little further than the last. For years, however, opening that wallet brought more despair than...

August 18, 2026

NewsPension Reform, Zimbabwe

17AugAugust 17, 2026

US. Milliman analysis: Multiemployer pensions’ aggregate funding level reaches 106% at midyear 2026, highest in study history

Milliman, Inc., a premier global consulting and actuarial firm, today released the midyear 2026 results of its Multiemployer Pension Funding Study (MPFS), an interim update to its annual study, which analyzes the funded status of all U.S. multiemployer defined benefit pension plans based on assumptions and data in the latest Form 5500 filings. As of June 30, 2026, Milliman estimates that the aggregate funded percentage of all multiemployer plans has reached 106%, up from 103% at year-end 2025. This is...

August 17, 2026

News2026, Funding, Pension Management, US

17AugAugust 17, 2026

UK. Logged in, checked out: The user experience problem pensions won’t face

The average pension app is a decade behind the average banking app. Until that changes, engagement is structurally impossible, argues PensionPay’s Archie Pritchett. Open a workplace pension app on a Monday morning – if you even have one – and in 30 seconds you can see a balance updated several weeks ago, a projection figure with no explanation attached, and a ‘change contributions’ page that ends with the words “please contact your employer”. Open a banking app, and in 30 seconds...

August 17, 2026

News, Slider, Slider2026, Digital Finance, Engagement, Regulation, Technology, UK

August 2026