July 2026
14Jul

Chinese tech firm Tenclass unveils AI-powered elderly care solution at UN WSIS summit

Chinese tech firm Tenclass showcased its AI-powered elderly care solution at the 2026 World Summit on the Information Society in Geneva, as the world faces a shared challenge of an aging population. "Aging is not a problem confined to any single nation — it is a shared challenge for all of humanity," Wang Dexiang, vice-president of Tenclass, told global delegates at the summit. Wang said that current global approaches to elderly care — from Japan's caregiving robots to Europe's legislative mandates...

July 14, 2026
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14Jul

US. The Crisis Behind the Housing Crisis

Ms. Scanlon, a contributing Opinion writer, is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. It’s no secret that we don’t have enough housing in the United States. Even Congress agrees: The biggest housing bill in decades recently became law and should help. Supply is outmatched by demand, and the young can’t get into areas with dynamic and expansive economies. We certainly have a housing crisis. But hiding inside it is a retirement crisis...

July 14, 2026
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14Jul

South Africa. FSCA teams up with NPA to hold employers accountable for non-payment of pensions

The Financial Sector Conduct Authority (FSCA) is working closely with law enforcement agencies and other stakeholders to ensure employers pay over contributions to pension funds. It is working with the National Prosecuting Authority (NPA), the Hawks and the National Treasury, among other organisations, to strengthen enforcement and improve accountability, FSCA divisional executive for retirement funds supervision Zarena Camroodien told Business Day. Earlier this month the FSCA reported total arrears in pension contribution payments were estimated to be R8.33bn, which affected about...

July 14, 2026
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13Jul

UK MPs back benefit boost for 66-year-olds as pension age increases

The UK government should look at increasing universal credit for 66-year-olds to prevent financial hardship stemming from the "lottery of life" as the state pension age rises to 67, according to a committee of MPs. The Work & Pensions Committee said it is backing calls for the government to increase universal credit for 66-year-olds. It said ministers should consult on the change with a view to putting it in place by the end of 2026 as a temporary measure, allowing time...

July 13, 2026
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13Jul

Japan to push its massive pension fund to boost alternative investments, Nikkei says

Japan aims to raise the ratio of unlisted shares, real estate and ​other alternative investments in the portfolio ‌of the Government Pension Investment Fund, the world's largest pension fund, the Nikkei said on Sunday. Finance ​Minister Satsuki Katayama, who has been trying ​to boost the weak yen, sparked ⁠a jump in the currency and government ​bond prices on Friday by saying the government ​aimed to steer the $1.8 trillion GPIF and other state pension funds to "substantially" increase investments in...

July 13, 2026
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13Jul

US. Chicago’s Pension Crisis: Mendoza Warns of Bankruptcy Risks

Chicago mayoral candidate Susana Mendoza raised alarms regarding the city's underfunded pension system, warning that some funds are at risk of "complete bankruptcy" amid market adjustments. This news is particularly relevant for investors in Super Micro Computer Inc SMCI -0.9% 84, which operates in the technology sector. GF Value™ verdict: $88.13 vs Current Price $28.24 = 68.0% undervalued GF Score™: 84/100, indicating strong fundamentals Key financial signal: P/E (TTM) of 14.94x compared to a 5-Year Median P/E of 19.34x What's Behind the News? Mendoza's comments...

July 13, 2026
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13Jul

Jamaica. Senate approves pension rule changes, unblocks billions for private equity

THE Senate on Friday approved amendments to the regulations governing pension schemes to allow them to increase the investment limit for private equity from five per cent to 7.5 per cent, with a further increase to 10 per cent by April 2027. There was bipartisan support for the measure that Government and Opposition senators said will unlock investment opportunities, ultimately leading to economic growth. However, there was concern from Opposition members about the small percentage of Jamaican workers enrolled in pension...

July 13, 2026
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10Jul

China targets stable employment, enhanced social security in next five years

China aims to create a considerable scale of urban jobs and keep the urban surveyed unemployment rate within 5.5 percent over the next five years, according to a human resources and social security development plan for the 15th Five-Year Plan period (2026-2030) unveiled on Thursday. The plan, released by the Ministry of Human Resources and Social Security, sets seven major goals and 18 quantified indicators. "Employment will be kept generally stable, with new progress in high-quality and sufficient employment," said...

July 10, 2026
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10Jul

Invest in Britain or I’ll force you to, minister tells pension funds

The business secretary, Peter Kyle, has told UK pension funds to “get off their high horses” and invest in Britain or be forced to do so by law. Expressing frustration at the level of investment in British companies after years of government initiatives, Kyle said the UK’s biggest asset managers “should feel a patriotic duty in making Britain a success”. “I don’t think mandation is ideal in any circumstances. But I’ll use it if I have to, because I’m in a rush,”...

July 10, 2026
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10Jul

Hard Times Drive Surge in Early Pension Withdrawals Across Kenya

A growing number of Kenyans are withdrawing their retirement savings long before reaching retirement age as households grapple with rising living costs, unemployment, business losses and mounting financial pressures, exposing the deep economic strain facing workers across the country. Latest industry data shows that early pension withdrawals have surged in recent years, with financial hardship overtaking retirement as the main reason many contributors are accessing their savings. Pension fund managers say more workers are opting to cash out immediately after...

July 10, 2026
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