News Archives - Page 22 of 950 - Pension Policy International

08AprApril 8, 2026

US. Milliman analysis: March market declines end 11-month streak of corporate pension funding improvements

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. During March, investment returns of -3.33% caused PFI plan assets to fall to $1.298 trillion. Meanwhile, a 32-basis-point increase in monthly discount rates, to 5.65%, caused liabilities to fall to $1.192 trillion. The funded ratio slipped from 109.3% as of February 28 to 108.9% as of March 31. Still, the...

April 8, 2026

NewsFunding, Occupational Pensions, US

08AprApril 8, 2026

Nearly half of UK adults expect to use targeted support

Nearly half (44 per cent) of UK consumers are confident they will use the Financial Conduct Authority’s (FCA) targeted support regime, which came into force yesterday (6 April), research from KPMG UK has shown. The analysis revealed that more than half (58 per cent) of adults had never sought professional advice on pensions or long-term savings, while 53 per cent said they would welcome being offered targeted support. Targeted support aims to bridge the gap between advice and guidance, allowing firms...

April 8, 2026

Newspensionsage

08AprApril 8, 2026

Nigeria. Pension assets jump to N29.43 trillion in February 2026

Nigeria’s pension assets rose to N29.43 trillion in February 2026, marking a month-on-month increase of N1.39 trillion. This is according to the latest data released by the National Pension Commission (PenCom). The increase represents the strongest monthly expansion since the introduction of the Contributory Pension Scheme over two decades ago, surpassing the previous record of N1.18 trillion recorded in January 2024. What the data is saying PenCom data showed that total pension assets increased from N28.04 trillion in January, driven by fresh contributions and...

April 8, 2026

NewsNigeria, savings

08AprApril 8, 2026

MFS Survey Shows Plan Sponsor Confidence Improving Dramatically

Findings from the annual MFS Defined Contribution Plan Sponsor Survey show that plan sponsors’ confidence in their participants being able to retire when they want has increased dramatically year-over-year. One-third of sponsors are now very or extremely confident in their participants’ ability to retire at their target age, up from just 18% one year prior. The result: a score of “B” on MFS’ proprietary Workplace Retirement Readiness Indicator. The survey, which captures insights from 153 plan sponsors representing over $400...

April 8, 2026

NewsPension Management

08AprApril 8, 2026

South Africa. Pension funds and administrators could face summons for ignoring complaints

Retirement funds and administrators have been put on notice by the Pension Funds Adjudicator (PFA) on the back of concerns about a failure to respond to complaints by members. Adjudicator Lebogang Mogashoa says there remains a high number of incidents of retirement funds and administrators not cooperating with the office’s investigation processes. This includes not responding to complaints lodged (timeously or at all), requesting many extensions to respond, and filing responses that don’t comprehensively address the substance of the complaint. After seeking...

April 8, 2026

NewsEngagement, Pension Managament, South Africa

07AprApril 7, 2026

UK. Benefits and pensions rise as two-child cap ends

A host of benefits and the state pension are rising as the new financial year begins, including more money for larger families on universal credit. The two-child benefit cap has now been scrapped, meaning some 480,000 families with three or more children will get an average rise of £4,100 a year. One mum told the BBC the rise was a "massive help" in dealing with the rising cost of living, while charities have described the move as a "gamechanger". But some critics...

April 7, 2026

NewsRegulation, UK

07AprApril 7, 2026

US. How Much Ages 65 to 74 Have Actually Saved for Retirement Today

How Many People in Their Mid-60s to Early 70s Have Any Retirement Savings People ages 65 to 74 sit at a financial crossroads: Many have reached their highest net worth even as their incomes begin to fall with retirement. According to the Federal Reserve's Survey of Consumer Finances, 51% of households in their mid-60s to early 70s had money in retirement-specific accounts in 2022, the most recent year available.1 That's the highest percentage for this age range since 2007, but lower than what most younger age groups...

April 7, 2026

Newssavings, US

07AprApril 7, 2026

Old-age pensions in the Pacific: Ensuring dignity in later life

In Fiji, the Social Pension Scheme pension is having a huge impact on reducing poverty, with analysis suggesting poverty among older persons would be around 40 per cent higher without the scheme. The pension supports more than 58,000 older persons and, for many households, this support is essential. A recent community-level survey of 1,365 pension recipients found that 72 per cent are the sole income earners within their households. At the household level, the impacts are tangible. “The pension enables recipients to transition...

April 7, 2026

NewsAging, Pension design

07AprApril 7, 2026

The UK needs a big debate on the sustainability of TPS for post-92s

The recent rise in employer contributions to the Teachers’ Pension Scheme (TPS) to 28.68 per cent – almost double that of the Universities Superannuation Scheme (USS) – presents a genuine and growing challenge for institutions legally required to offer it. We absolutely agree that university staff deserve competitive salaries with generous benefits and high-quality pensions. The question is how universities can sustain that commitment responsibly at a time when all universities are facing financial challenges for a variety of well-documented reasons. Urgent action is needed, and many universities are looking...

April 7, 2026

NewsPublic Pensions, UK

06AprApril 6, 2026

UK state pension age begins rise to 67 with payment boost

The UK state pension age has begun a phased increase from 66 to 67, starting with people born in the early 1960s, alongside a 4.8% payment rise under the triple lock. The change, expected to save £10bn annually by 2030, has drawn concern from charities about its impact on lower-income and less healthy regions. Political pledges to maintain the costly triple lock persist despite warnings about the system’s long-term sustainability. Pension age rise begins with phased rollout From Monday, the UK...

April 6, 2026

NewsRetirement Age, UK

April 2026