News Archives - Page 23 of 964 - Pension Policy International

27MayMay 27, 2026

UK. Triple lock row intensifies as major pension reforms take effect

Triple lock under threat as new pension law comes into force The Pensions Schemes Act 2026, now law, aims to simplify and strengthen pension provision through measures like automatic consolidation of small pots, creation of large-scale 'megafunds', a standardised value-for-money framework, and legal duties for retirement advice. Ministers argue these changes could add up to £29,000 to the average pension pot and benefit more than 20 million workers, with some provisions phased in over several years. However, former pensions minister...

May 27, 2026

NewsPension Reform, State Pensions, UK

27MayMay 27, 2026

Most people in the US are at risk of outliving their retirement savings

Retirement savings may have hit record levels, but a mere 12% of retirement savers in the U.S. have enough funds set aside to last more than 10 years, a new survey warns. The survey of 1,000 U.S. retirement savers by online retirement pension provider PensionBee also found that just 13% of respondents could not survive one month on their funds. Increasing lifespans are also adding to the retirement savings pressure. Life expectancy for the U.S. population was 79 years in 2024, according to CDC data,...

May 27, 2026

Newssavings, US

27MayMay 27, 2026

Chile’s Pension Reform: A Good Idea Running Out of Chances

By Dr. Arturo Cifuentes Original ideas seldom get a second chance to be implemented successfully. The Chilean pension system is one of the few exceptions. To grasp how much is at stake in the coming months—a third opportunity might never happen—we need to go back to its origins and identify the key events that shaped its evolution. The Chilean pension system was the brainchild of José Piñera, who, as minister of labor and social security, conceived its basic architecture in 1981. The...

May 27, 2026

News, OP Ed, Op-Ed, UncategorizedChile, Pension Reform

27MayMay 27, 2026

Korea pension giant NPS bolsters operating system to manage risk amid market volatility

Korea’s National Pension Service (NPS) is strengthening its operating system to better manage portfolio risk amid uncertainty in global markets, according to Won Joo Seo, executive fund director and chief investment officer of the pension giant. He said that even though the pension fund achieved a “good” record 18.82% investment return last year, it remains vigilant over rising volatility in Korean and international markets. “Global market uncertainty and transformation are becoming more complex and structural. Competition among countries in security, industrial policy...

May 27, 2026

Newskorea, Operations, Pension Management, Pension Management Korea, Technology

26MayMay 26, 2026

CDC pensions approaching ‘pivotal moment’ in the UK

Collective defined contribution (CDC) pensions are approaching a “pivotal moment” in the UK, according to Aon, as the consultancy predicted they could “revolutionise pensions” for both employers and savers. In its new report, CDC Pensions: Everything You Need to Know in 2026, Aon noted that multi-employer CDC arrangements are expected to begin operating from 2027, following the finalisation of regulations for whole-life unconnected multi-employer CDC schemes. Last week, the Pensions Regulator’s (TPR) updated code of practice for CDC schemes was laid before parliament, bringing multi‑employer...

May 26, 2026

NewsCDC, Pension design, UK

26MayMay 26, 2026

China now home to more people over 65 than children, official survey finds

For the first time in records dating back to 1949, China is now home to more people aged 65 and above than children, the latest official data showed, underscoring the country’s deepening demographic pressure. By November last year, 15.87 per cent of China’s roughly 1.4 billion-strong population was aged at least 65, compared with 15.25 per cent aged between 0 to 14, according to the results of a nationwide sample survey released late last week. That meant China’s traditional family-based model...

May 26, 2026

NewsAging, China, Labor Market

26MayMay 26, 2026

Spain. Pension spending marks a new high of 14,366 million in May, 6.1% more year-on-year

Social Security has allocated in this month of May a historic disbursement of 14,365.8 million euros to pay the ordinary payroll of contributory pensions, which represents an increase of 6.1% compared to the same period in 2025, as communicated this Tuesday by the Ministry of Inclusion, Social Security and Migrations. This payroll incorporates the revaluation of pensions approved by the Government for 2026. In general, the increase applied is 2.7%, in line with the average CPI recorded between December 2024...

May 26, 2026

NewsPension Reform, Public spending, Social Security, Spain

26MayMay 26, 2026

Lithuania’s Second-Pillar Exits Expose Pension Saving Gap

About 40 percent of participants in Lithuania’s second-pillar pension saving system left the scheme in the first quarter of 2026. The figure does not by itself show that residents have given up on preparing for retirement, but it raises a practical question: will the returned money become part of a long-term plan, or be absorbed into short-term spending? This international adaptation is based on a BNS-published comment by Giedrius Rimša, president of the Lithuanian Life Insurance Companies Association, and survey...

May 26, 2026

NewsLithuania, Pension Reform, savings

25MayMay 25, 2026

US. Aging in place comes with major financial hurdles

More than 75% of older Americans say they want to “age in place,” or live in their home for as long as possible. Sounds reasonable. But 40% have doubts about whether that's possible, according to a survey by AARP. For many, financial constraints will force them to downsize, relocate to a less expensive city or state or move in with family or into an independent retirement or assisted living community. Money issues such as the cost of age-proofing a home, the...

May 25, 2026

NewsAging, Income, Inflation, US

25MayMay 25, 2026

Allianz Retiree Study Puts Longevity Fears And Inflation At Center Stage

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Allianz (XTRA:ALV) has released new research on retiree financial well-being. The study finds many retirees are more worried about outliving their savings than about mortality. Inflation and rising healthcare costs are highlighted as key drivers of growing financial anxiety. For you as an investor, this research speaks directly to Allianz's core business in insurance and retirement solutions. The findings spotlight how inflation...

May 25, 2026

NewsInvestment, Retirement Planning

May 2026