News Archives - Page 15 of 922 - Pension Policy International

22JanJanuary 22, 2026

Nigeria. ‘Only 215,914 informal workers enrolled in personal pensions as 92m remain uncovered’

The National Pension Commission (PenCom) has disclosed that just 215,914 Nigerians in the informal sector are enrolled in the Personal Pension Plan (PPP), leaving about 91.88 million workers without any form of pension cover out of an estimated 92.1 million informal-sector workforce. The pension regulator, in its third-quarter 2025 report, said the figures highlight the enormous untapped potential within the informal sector and underscore the need for a more deliberate and coordinated industry-wide strategy to deepen micro-pension adoption. PenCom noted that...

January 22, 2026

NewsCoverage, Informal Sector, Nigeria

22JanJanuary 22, 2026

Extinguishing ESG: US House Approves Prohibitive Bill for Pension Funds

A bill which would prohibit ESG factors being considered by pension fund managers and in pension plans has been narrowly approved by the US House of Representatives. The Protecting Prudent Investment of Retirement Savings Act – also referred to as HR 2988 – seeks to amend the 1974 Employee Retirement Income Security Act (ERISA) to specify requirements regarding the consideration of pecuniary and non-pecuniary factors. It proposes to add limitations on consideration of non-pecuniary factors by fiduciaries, including ESG factors,...

January 22, 2026

NewsESG, Regulation, US

22JanJanuary 22, 2026

UK. Pension Protection Fund names new chief risk officer

He has taken over risk functions from Dana Grey, the PPF’s chief governance, risk and legal officer. Lee joins the PPF from HSBC where he worked for more than 11 years, latterly as global head of pension and insurance traded risk, based in Hong Kong. He was primarily responsible for overseeing the financial services giant’s global insurance business and its employee pension plans. He also worked for more than a decade for the Institute and Faculty of Actuaries, and previously worked...

January 22, 2026

NewsRegulation, UK

21JanJanuary 21, 2026

Mexico. 38 Billion Pesos Withdrawn from AFORE Accounts Due to Unemployment

At the close of 2025, unemployment withdrawals from retirement savings accounts (AFOREs) broke records and climbed to 38 billion 882 million pesos , the highest level since 2005, the year up to which the National Commission of the Retirement Savings System (CONSAR) has records. According to data from the regulator, around 1.94 million people requested this withdrawal from their retirement savings account, which represented an increase of 227,400 compared to 2024. “This reflects that more people are turning to this type...

January 21, 2026

NewsMexico, savings, Withdrawals

21JanJanuary 21, 2026

The FCA Is Overhauling UK Pensions Advice, But Will Savers Benefit?

New rules will allow pension and investment providers to make “targeted support” recommendations to certain groups of customers. The rules come into effect from April 6 as a solution to the so-called “advice gap”. Some commentators are concerned about the risk to consumers as the government pushes to get more people investing. 2026 will be the year that “once-in-a-generation” regulatory changes transform UK retirement planning and enhance people’s ability to make long-term decisions about their pensions—or so the Financial...

January 21, 2026

NewsRegulation, UK

21JanJanuary 21, 2026

Danish pension fund to sell $100 million in U.S. Treasuries due to “poor U.S. government finances”

A Danish pension fund is planning to sell its entire holdings of U.S. Treasuries — about $100 million — over concerns about the U.S. government's financial stability. AkademikerPension confirmed to CBS News that it is exiting U.S. Treasuries by the end of this month and that it will instead turn to the U.S. dollar and short-duration debt. "The decision is rooted in the poor U.S. government finances, which make us think that we need to make an effort to find an...

January 21, 2026

NewsDenmark, Investing

20JanJanuary 20, 2026

How Trump’s Greenland tariffs will hit investments and pensions – and what to do

Investors and pension savers are worried about the impact that tariffs could have on their money Stock markets across the globe have dipped after Donald Trump said he would charge tariffs on multiple European countries including the UK until a deal is reached for Washington to purchase Greenland from Denmark. The US President said he would impose a 10 per cent tariff “on any and all goods” sent to the USA from 1 February, increasing to 25 per cent from 1...

January 20, 2026

NewsGreenland, Investment, US

20JanJanuary 20, 2026

UK savers need extra £23bn a year to hit 12% pension target, says Bowmore

New research from Bowmore Financial Planning, part of Bowmore Wealth Group, has indicated that UK savers are falling short of recommended pension contributions. Bowmore’s analysis of HMRC data for 2022–23 suggests savers would need to contribute 12% of their annual salary to meet guidance from Pensions UK. However, the company estimates that reaching this level would require around £23bn in additional pension contributions each year. Bowmore Wealth Group’s review of HMRC data on incomes and pension contributions shows that private sector workers...

January 20, 2026

Newssavings, UK

20JanJanuary 20, 2026

Most Americans surveyed cut or stopped retirement savings due to the current economy

Recent data from Allianz Life’s Q4 2025 Quarterly Market Perception study found that more than half of Americans (51%) have either stopped or reduced their retirement savings in the past six months due to the current economic environment. Two in three (66%) say they have not been able to contribute to their savings as much in the past six months due to the current economic environment. Concerns about the cost of health care is a contributing factor, according to the study....

January 20, 2026

Newssavings, US

20JanJanuary 20, 2026

UN Pension Review Raises Concerns Among Staff and Retirees

The United Nations General Assembly’s latest pension fund resolution — adopted at the end of December 2025 — has triggered concerns among current and former staff members of the organization that their retirement security may be at risk. The resolution invites the UN Pension Board to carry out a full review of the pension system, including consideration of defined-contribution and hybrid models and exploring ways to “lower contributions.” That last phrase signals the review’s underlying intent: cost reduction rather than benefit enhancement. While framed...

January 20, 2026

NewsRisk, System sustainability

January 2026