June 2026

Spain. Pension specialists denounce the short-term approach and demand reforms with a long-term horizon

Several pension specialists have denounced this Tuesday the short-term nature that, in their opinion, has dominated the debate on the future of the system and have urged to face its sustainability with a long-term perspective. In a conference promoted by Funcas and the Association of Journalists of Economic Information (APIE), the professor of Sociology at UNED and researcher at Funcas, Elisa Chuliá, stated that the 2023 pension reform has implied a "paradigm shift" compared to previous modifications. As she explained, while...

Indonesia: OECD delegation commends reform measures in insurance and pension fund sectors

The Organisation for Economic Co-operation and Development (OECD) has commended the various reform measures being implemented by the Financial Services Authority (OJK) in the insurance and pension fund sectors to strengthen financial sector resilience, enhance consumer protection, and encourage healthy and sustainable industry development. A statement released by the OJK said that the remarks were made by Mr Pablo Antolín, Head of Insurance and Pensions at the OECD, who is on a fact-finding mission. The OECD visit, from 5th to 11th June,...

UK. Smart Pension surpasses £10bn AUM

Smart Pension has surpassed £10bn in assets under management (AUM), meeting the government’s first ‘scale test’ ahead of the 2030 timeframe. The pension provider manages the pensions of two million members and 100,000 employers across the UK, and described the £10bn AUM mark as a “major milestone”. It is on track to meet the future mandatory scale thresholds, as set out in the Pension Schemes Act, having now surpassed the government’s initial £10bn AUM threshold ahead of the 2030 deadline and...

Norway’s oil fund shows gap between climate risk insight and action

Norway’s oil fund, NBIM, has not applied its framework for measuring climate and nature risk into moving away from fossil fuels, a report from Carbon Tracker finds. The mismatch is due to a mandate limit, political expectations, and an increasingly uncertain global climate policy environment. The findings reveal the limits of voluntary investor action. Norway’s oil fund (NBIM) has developed one of the most advanced frameworks for measuring climate and nature risk, but it has yet to apply those...

Cuba’s Elderly: Struggling Amid Sanctions and Economic Hardship

In Cuba, the elderly find themselves in dire straits as economic struggles, exacerbated by U.S. sanctions, tighten their grip on the island. The collapse of once-reliable state provisions leaves them vulnerable, with many unable to secure basic needs like food and healthcare. As Cuba’s population rapidly ages, the country faces a crisis as pensions shrink, prices soar, and essential services crumble. Despite being promised support in their old age, seniors now grapple with the harsh reality of insufficient services amid...

US. How Saving More and Starting Early Can Significantly Improve Retirement Happiness

Many retirees regret not saving enough or starting sooner, since both can shape their financial security and happiness later. Even small amounts saved early can grow significantly over time, thanks to the power of compounding interest. With longer lifespans and fewer pensions, saving more now can give you more room to enjoy retirement—not just cover the basics.Retirement has changed due to longer life spans, shrinking pensions, and rising health care costs. What was once a quiet chapter in...

Ukraine plans to completely change pension calculation system

Ukraine is preparing a major pension reform that would completely overhaul the pension calculation system. According to Censor.NET, this was announced by MP Olga Vasylevska-Smahliuk while commenting on the government’s reform proposal. Under the proposed changes, pensions would consist of two parts: a basic component and an insurance component. What the government is proposing The basic portion of the pension will be funded by the state. The insurance portion will depend on a person’s length of service and the contributions they have paid. The government is also proposing to introduce...

US. As retiree pensions shrank, Colorado PERA paid its staff millions of dollars in bonuses

In 2022, the Colorado state pension fund had its worst year since the Great Recession, losing $9.8 billion. The losses were so large, they set the Colorado Public Employees’ Retirement Association’s finances back for years, digging a hole that the pension is only now starting to climb out of. But in the aftermath, PERA’s investment managers took home some of their largest bonuses ever. On average, PERA’s investment staff more than doubled their take-home pay, earning bonuses of $299,000 — the equivalent...

India’s fertility rate falls below replacement level: Why it matters

India’s fertility rate has for the first time fallen below the level needed to stop the population from shrinking, raising concerns about future labour shortages and an ageing society. For decades, India has seen rapid population growth. According to government statistics, including the Sample Registration System (SRS) Statistical Report — the country’s largest demographic survey — India has had a falling fertility rate for some years, but the reproduction rate remained high enough to keep the population growing. The latest SRS...

US. This is the most underrated retirement savings move you should know about, says the head of Citizens Wealth Management

Americans are becoming less sure about their ability to retire well. Indeed, workers’ confidence in having enough money to live comfortably in retirement fell 6 percentage points from 2025 to 61%, according to a 2026 survey by the Employee Benefit Research Institute. For some, that might mean a trip to a financial adviser to solidify plans (you can find an adviser at CFP Board, NAPFA or through this free tool that matches you to fiduciary advisers, from our ad partner SmartAsset)....