June 2026
01Jun

Spain. AIReF confirms that the pension reform does not guarantee sustainability

The Independent Authority for Fiscal Responsibility (AIReF) maintains that the approved pension reform does not guarantee long-term financial viability. The system survives now, but the future is uncertain and the economic situation is becoming more complicated. The new AIReF report, presented on May 30, 2026, updates forecasts for the 2022-2050 period and confirms that the deficit and public debt will increase due to the impact of an aging population and insufficient measures. Formal compliance with the spending rule but with red flags The...

June 1, 2026
News, ,
Read more...
01Jun

Later parenthood and weak pensions put Gen X at risk

Later parenthood and weak pensions put Gen X at risk Why timing matters: Later parenthood can mean child costs overlap with prime pension-saving years, delaying retirement readiness. Property no safe bet: Gen X’s higher property ownership offers less security as house price growth lags behind inflation and market returns. Pension gaps widen: Missing out on generous past schemes and starting saving late leaves many Gen Xers exposed to future income shortfalls. Generation X entry into workforce after defined benefit pension schemes ended Generation X began their working...

June 1, 2026
News,
Read more...
01Jun

Vietnam to raise pensions and social security benefits from July 1

Around 3.4 million pensioners and social insurance beneficiaries will receive an 8% increase under the government's latest social welfare measures. Vietnam will implement a series of social welfare adjustments from July 1, increasing pensions, social insurance benefits and assistance payments for millions of people as part of efforts to offset inflation and improve living standards. Under Government Decree No. 161/2026, the statutory base salary will increase from VND2.34 million ($92) to VND2.53 million ($100) per month from July 1. The adjustment...

June 1, 2026
News, ,
Read more...

May 2026
29May

Belgium approves controversial wage index reform and pension changes

Belgium’s federal parliament has approved a controversial package of budget measures, including the new “centenindex” system that will limit automatic wage and benefit increases for some workers and pensioners. The measures were passed late on Thursday night after months of political debate and delays. The government says the reforms are needed to reduce Belgium’s budget deficit and keep pensions affordable in the long term. For many expats and newcomers to Belgium, the most important change is the centenindex. Belgium normally links...

May 29, 2026
News, Slider,
Read more...
29May

Jamie Fiveash appointed as Pensions UK chair

Pensions UK has appointed Smart UK chief executive, Jamie Fiveash, as the new chair of the association. Fiveash will start a three-year term on 1 July 2026. He succeeds Emma Douglas, who is stepping down to take up her new position as chair of The Pensions Regulator. Fiveash has over 30 years of experience across financial services and over 15 years of c-suite and board-level leadership. As chief executive of Smart UK, Fiveash leads the £9.5bn Smart Pension master trust with two...

May 29, 2026
News, Slider,
Read more...
29May

Global Pensions at a Glance

The availability of pension fund income to retirees in a country is one indicator of how much people can spend in retirement. Countries dominated by defined contribution plan retirement systems continue to work on how best to convert retirement savings into retirement income and research shows that when people are not confident about income in retirement, spending slows. In a global consumption-based economy, the amount consumers can spend will drive economic activity and demographics will determine how many consumers are...

May 29, 2026
News, Slider,
Read more...
28May

Why de-risking your pension is riskier than you think

People spend a lot of time fretting about how much income to draw from their pension every year. There is another, equally important question, however: what do you invest your money in? On the one hand, you want your savings to grow so they can sustain you through your whole retirement. On the other hand, you don’t want to take on too much risk; volatility can be financially and emotionally draining. Over the long term, equities generally outperform other asset classes,...

May 28, 2026
News,
Read more...
28May

UK. Almost two thirds of adults fear running out of money in retirement

Nearly two thirds (63 per cent) of adults are worried about running out of money in retirement, as the latest data from the Office for National Statistics (ONS) revealed that people are living longer, research by LV= has shown. The ONS data showed that a woman aged 66 can expect, on average, to live to around 90, while a man of the same age is expected to live to approximately 87. The LV= research found that 62 per cent of UK...

May 28, 2026
News, , ,
Read more...
28May

Kenya’s 18.1 Million Informal Workers Hold The Future Of Pensions

Kenya created over 822,000 new jobs in 2025, according to the Kenya National Bureau of Statistics Economic Survey 2026 released recently.  At first glance, this signals a resilient economy. But the composition of those jobs tells a more important story that reshape how we think about savings, pensions, and financial security. Over 87% of these jobs were created in the informal sector. Today, 83.8% of Kenya’s workforce, about 18.1 million people, earn their living outside formal employment. This is not...

May 28, 2026
News, ,
Read more...
28May

Q&A with a portfolio manager – the evolution of impact investing

Japan’s Government Pension Investment Fund (GPIF)1 – the world’s biggest pension fund – has made impact investing a key focus, while several major pension funds in France2 publicly announced similar intentions in 2025. Five years ago, impact investing might have been confined to more of a niche within our client base. Today, many clients across different segments are actively looking to allocate capital to such strategies, to generate financial returns, while also addressing pressing societal challenges. As climate change, geopolitical instability and...

May 28, 2026
News,
Read more...