September 2026

UK. FCA: Over 320,000 pension pots withdrawn at 8%+ rates and risk emptying pension pots

While smaller pension sizes see the highest proportion of high withdrawal rates, over 15% of pots of £250,000 or larger and more than a third (36%) of pots between £100,000 and £249,000 were still withdrawn at 8% or over through the latest financial year. Looking at the data by age, half (50%) of those aged 55-64 are making regular withdrawals at an annual rate of 8% or higher. The data also shows that 479,485 pensions were fully withdrawn at the first...

The US homeless population is aging. Cities must brace for new challenges

As cities and counties struggle with upticks in homelessness, they’re facing yet another challenge: an aging population. By the mid 2030s, the U.S. will have more older adults than children for the first time in its history, the U.S. Census Bureau predicts. The fastest-growing group of people experiencing homelessness is those aged 65 and older, according to the Harvard Joint Center for Housing Studies. And as the oldest baby boomers turn 80 this year, the aging population is coming up against...

Australia. Under-retiring: The greatest retirement risk in a generation

Retirement requires a fundamental shift – to our lifestyles, finances, and mindset. After a lifetime of saving, we shift to decades of spending. This is a change that doesn’t come naturally for many of us. As we live longer, with retirement now spanning thirty years for the average Australian, knowing how much money we will need to fund our post-work years has become a mounting challenge. With 250,000 Australians stepping into retirement every year, it is imperative to understand how...

Debate addresses perspectives on the Brazilian Pension Reform

The EPGE Brazilian School of Economics and Finance (FGV EPGE) is holding the seminar "Perspectives on the Brazilian Pension Reform" on Wednesday, September 30, from 2 p.m. to 4 p.m.. The meeting is part of the Contemporary Themes series and will be held at the FGV Cultural Center in Rio de Janeiro, moderated by Professor Rubens Penha Cysne, dean of FGV EPGE. The debate will bring together Paulo Tafner, economist and CEO of the Institute for Mobility and Social Development...

US. Public Pension Funds Commit $100B to Private Equity Strategies in 2025

Despite a slowdown in distributions from private equity funds to their limited partners, public pension funds are increasing their commitments to the asset class year-over-year. According to a report published this week by Nasdaq eVestment, public pensions committed $100.9 billion to private equity strategies in 2025, a 24% increase from $81.2 billion in commitments public pension funds made the year before. Through the first half of 2026, public plans had committed $31.9 billion to private equity. PE manager firm Advent International L.P.,...

Vietnam. Social security gap for middle-aged workers in the informal sector

At the age of 49, after the garment company narrowed its scale and laid off redundant personnel, Ms. Nguyen Thi Hoa (from Phu Tho, currently residing in Thanh Liet ward, Hanoi) fell into unemployment in mid-2025. Applying for jobs everywhere but not being accepted, Ms. Hoa started working at a private workshop processing gypsum and copper in Thuong Phuc commune (Hanoi). At my age, without qualifications, without degrees, applying to work as a full-time worker in companies is almost impossible. I...

Norway tops retirement ranking as inflation, debt fuel financial anxiety

Norway has held on to the top spot in a global measure of retirement security, even as inflation, government debt and aging populations make preparing for retirement harder in much of the world. The country ranked first for a second consecutive year in Natixis Investment Managers’ 2026 Global Retirement Index, which compares retirement conditions across 44 countries. Norway scored 83%, followed by Ireland at 81%. The Netherlands jumped from sixth to third with 79%, its highest position since the index was...

US. NYC Pensions Eye Private Markets in $5 Billion Green Allocation

New York City Comptroller Mark Levine unveiled a plan to steer billions of dollars into private markets, characterizing the move as a shift designed to help the investor meet its climate-related goals while safeguarding returns. The Comptroller's Office's Bureau of Asset Management said the proposal targets three of the City's public pension funds: New York City Teachers' Retirement System (TRS), Employees' Retirement System (NYCERS) and Board of Education Retirement System (BERS), according to a statement on Wednesday. In all, the...

Thinktank linked to Reform UK calls for abolition of state pension

A thinktank linked toeform UK  Rhas called for the abolition of the state pension and £75bn worth of sweeping tax cuts in a “radical” report likely to influence the party’s platform for the next election. The Centre for a Better Britain’s (CFABB) report – which also calls for weaker rules for UK banks and Trump-style investment accounts offering £1,000 to newborns – will be formally launched at a private event with City executives on Wednesday. The 183-page report, entitled “Boosting Britain”, proposes...

Private equity tops the table in CFA Institute retirement modelling

A 10 percent allocation to any one of five private market asset classes lifted the mean annual Sharpe ratio of a modelled target-date fund above an equities-and-bonds baseline over a 40-year accumulation period. Private markets in retirement plans: Returns, risks, and the importance of plan design, published in September by the CFA Institute Research and Policy Center, ran 10,000 Monte Carlo accumulation pathways for a stylised defined contribution plan using US-dollar return data from 1 January 2010 to 31 December...