News Archives - Page 25 of 964 - Pension Policy International

20MayMay 20, 2026

US. Inflation is at a 3-year high. This is the ‘triple threat’ that retirees now face because of it

Plus, here’s how retirees can smartly deal with the secondary impacts of inflation. For retirees, inflation can hit especially hard thanks to three factors that interact with these rising costs: increased withdrawals, taxes and how those parlay into depleting savings, says Jay Sharifi, CEO of Legacy Wealth Management. Indeed, inflation can trigger a chain reaction, as it can necessitate larger withdrawals so retirees can afford their life. Those withdrawals then inadvertently create larger tax bills — and that may in...

May 20, 2026

NewsInflation, Retirement Planning, US

20MayMay 20, 2026

Europe’s wage and pension gaps reveal deep east-west divide

Who earns most?: Switzerland, Luxembourg, and Iceland top average wage rankings, while Eastern and Southern nations remain at the lower end. Pensions vs. costs: In 20 of 39 European countries, pensions fail to cover living costs, with the worst gaps in Georgia, Albania, and Ukraine. Minimum wage spread: Luxembourg, Ireland, and Germany lead nominal minimum wages, but purchasing power narrows the gap between east and west. OECD’s 2026 wage report shows stark disparities The OECD’s 2026 data reveals average gross wages ranging from €18,590 in Turkey...

May 20, 2026

NewsAdequacy, Europe, Income

20MayMay 20, 2026

South Africa. Pay is up. So why are workers raiding pensions?

The average salary increase this year was 5.43% – comfortably above inflation. Yet those same workers are tapping pensions to buy groceries and walking out of jobs at the fastest rate since Covid. he numbers, on paper, say South African workers are doing fine. The reality says something else. The average salary increase this year was 5.43%, according to the April 2026 Remchannel Bi-Annual Salary and Wage Movements Survey. That compares with 2025’s average inflation of 3.2%. By that arithmetic, most...

May 20, 2026

NewsLabor Market, South Africa, Withdrawals

19MayMay 19, 2026

Millions of Britons not saving enough for retirement, warns Pensions Commission

Report highlights ‘stark’ issue of self-employed workers struggling to save for later life. Millions of Britons are not saving enough under the current pension system, a government-backed commission will announce in an interim report published on Tuesday. The problem is particularly acute among those who are wholly self-employed, only 4 per cent of whom have any pension, the Pensions Commission has found. “The degree of the issue on self-employed is much starker than [we] would have thought,” said Sir...

May 19, 2026

Newssavings, UK

19MayMay 19, 2026

Australia. Lessons from OECD pension reforms that could foreshadow local changes

OECD reforms spotlight rising retirement ages, contribution adequacy, and decumulation challenges, shaping Australia’s superannuation policy agenda and future debates. Australia’s superannuation system regularly earns international praise for its scale and sustainability, but a survey of recent pension reforms across OECD countries suggests the policy agenda is far from settled. From rising retirement ages to mandated decumulation products, the changes taking place in peer economies offer a preview of debates likely to intensify locally. Rising retirement ages are the norm The most consistent...

May 19, 2026

NewsAustralia, Pension Reform

19MayMay 19, 2026

Zimbabwe. NSSA informal sector pension rollout targets 3 million

THE National Social Security Authority is on the verge of a historic reform, integrating over three million informal sector workers into Zimbabwe’s social security framework, a move that would rank among the country’s most significant protection rollouts in recent years The planned informal sector social security scheme targets vendors, cross-border traders, self-employed workers, small-scale traders and other workers currently excluded from formal pension systems. NSSA general manager Dr Charles Shava said the scheme was nearing completion as the authority moved to...

May 19, 2026

NewsFinancial Inclusion, Informal Sector, Zimbabwe

19MayMay 19, 2026

Pensions UK outlines steps for pension investment in UK growth assets as barriers persist

Pensions UK has set out practical steps to enable schemes to invest more in UK growth assets, as it emerged that almost half (48 per cent) of the trade body’s members believed the government was doing 'a little' to facilitate a pipeline of investable opportunities. The report, and accompanying call to action, comes one year after the Mansion House Accord was signed, a voluntary commitment by 17 of the UK’s largest pension providers to increase investment in unlisted assets in...

May 19, 2026

NewsInvestment, UK

18MayMay 18, 2026

Retirement without guaranteed income streams may mean near-total asset wipeout

Retirement may not unfold the way most people (or planners) expect, and new research from the suggests that without a reliable income floor, the consequences can be severe. The Employee Benefit Research Institute study tracked how household net non-housing assets shifted across a roughly three-decade window using longitudinal data from the 1992–2022 Health and Retirement Study. What it found challenges the conventional image of retirement as a steady, predictable spend-down of accumulated wealth. Asset drawdown varied dramatically depending on how much a retiree...

May 18, 2026

NewsIncome, Retirement Planning, US

18MayMay 18, 2026

UK. Government-backed Pensions Commission calls for action on gender savings gap

A shake-up of pensions in Britain must involve measures to close the gap in retirement savings between men and women, the revived Pensions Commission is to tell ministers. According to the government-backed body, women approaching retirement have on average half the private pension savings of men, with a median pension wealth of £81,000 versus £156,000. The commission, which is expected to publish its interim report on the long-term future of the retirement system this week, said it would look at how the government...

May 18, 2026

NewsGender Gap, Regulation, UK

18MayMay 18, 2026

Ghana Financial Sector Assets Jump 23.3% in 2025

Ghana’s financial sector assets rose 23.3 per cent to GH¢647.25 billion in 2025, equal to 45.1 per cent of Gross Domestic Product (GDP), regulators said in their maiden stability review. The expansion was driven by steadier macroeconomic conditions, stronger capital buffers, and heavy bank holdings of government instruments, according to the Bank of Ghana (BoG). Profitability and solvency positions strengthened across all four supervised industries, namely banking, insurance, securities, and pensions. The figures were unveiled at the maiden launch of the...

May 18, 2026

NewsGhana, savings

May 2026