August 2026

When aging meets digital & AI: Closing the silver digital divide for an aging world

We are living through two megatrends humanity has never seen before. The first is aging. Populations over 65 are growing not just in developed countries, but across many middle-income economies. As societies age, the strains pile up: fewer workers,  weaker demand, overstretched health systems, and rising risks to long-term fiscal sustainability. The second is the technology revolution. Digital technologies, including artificial intelligence (AI), can now deliver services once scarce and costly, from tutoring workers to guiding patients and delivering public services. These are the...

US. Large pension funds oppose SEC climate rule rescission

Several large public pension funds filed comments opposing the Securities and Exchange Commission's (SEC) proposal to rescind its 2024 climate-risk disclosure rule. They wrote that eliminating standardized greenhouse gas emissions reporting would increase costs for investors and reduce the quality of information available for investment decisions. The SEC proposed rescinding the rule on May 29, 2026, and the public comment period ended on Aug. 3. SEC Chair Paul Atkins said the rule was "a dramatic overreach of the Commission's statutory...

China. Private pen­sion sys­tem seen in need of upgrade

How much sav­ings does a per­son in China need for retire­ment? A report released by Sun Life Fin­an­cial Inc, based on a quant­it­at­ive sur­vey of 3,201 respond­ents and more than 20 expert inter­views, found that 65 per­cent of respond­ents believe 1 mil­lion yuan ($148,200) is suf­fi­cient. However, the report estim­ates that a retiree spend­ing an aver­age of 5,000 yuan per month over a 30-year retire­ment would need at least 1.8 mil­lion yuan, assum­ing no infla­tion. Data released by the National...

The political economy of pension management in Ghana

Decisions about who contributes, who receives benefits, where pension funds are invested and how institutions are governed are influenced by government policy, economic conditions, organised labour, financial markets and competing national interests. The political economy of pension management, therefore, concerns the interaction between political power and economic decision-making within the pension system. In Ghana, this interaction has become increasingly important because pension funds represent both the retirement savings of workers and a substantial pool of long-term national capital. Ghana’s pension system...

Retirement Planning for Couples​​ Without Children

Key Takeaways for Couples Without Children Planning Retirement Consider a flexible withdrawal strategy. Align your portfolio with your goals. Make a long-term-care and estate plan. Plan ahead for aging in place. Consider working with a financial advisor. Valentina Djeljosevic: Hi, I’m Valentina Djeljosevic with Morningstar. Welcome to Retirement Planning for Real Life. In today’s episode, we’ll talk about couples who don’t have children, and how they might plan for retirement differently. Christine Benz will tell us about the key issues to keep in mind, like long-term care, estate planning, and...

Can Latin America Formalise Work Without Deepening Inequality?

Latin America and the Caribbean face a labour-market contradiction that has persisted for decades: policies designed to protect workers can sometimes make formal employment more expensive, leaving millions outside the systems intended to support them. The Inter-American Development Bank is calling for a broad redesign of labour regulation, social protection and workforce training across the region. Its report, Making Labor Markets Work: Improving Productivity and Workers’ Welfare in Latin America and the Caribbean, argues that governments do not have to choose...

US pensions are better funded on average but high exposure to AI a concern

The Equable Institute’s 2026 survey of the 253 US state and local pension plans shows that their funded ratio has reached 85%, the best since hitting bottom during the 2008 global financial crisis.Their average return on investment was 9.4%, higher than the average target of 6.9%. Set against this strong performance, however, is the US$1.37 trillion in outstanding liabilities, higher than the institute’s $1.27 trillion prediction in January. The figure is “just $210 billion better than 2009’s $1.34 trillion gap...

UK. Employers spending over 62 hours a year on pension admin

Employers in the UK are spending more than five hours a month on managing workplace pension administration, analysis from Penfold has found. This equates to over 62 hours spent on pensions-related administration across a year, or more than a full working week. Penfold’s The UK Pension Gap report warned that these requirements remained a “significant burden” for many businesses. Regulatory reporting was cited as the most time-consuming pension task by 70 per cent of employers, while 69 per cent pointed to payroll reconciliation as...

Why Canada’s recession risk hinges on labour market outcomes

While Canada’s economy remains under pressure from a technical recession and external geopolitical threats, panic among institutional investors would be premature. That’s the message from BeiChen Lin, director and head of Canadian investment strategy at Russell Investments, who sees the global picture as broadly positive even as Canada navigates a more difficult path than most of its peers. “The entire kitchen sink has been thrown at the markets and the economy,” said Lin. “Think back to 2025. We were talking about...

US. Are Recession Fears Affecting Retirement Saving Approaches?

Are concerns about whether there will be a recession are arising among three quarters of non-retired investors affecting the approach some take to retirement saving and investing? A new study suggests that they are. In fact, the Nationwide Retirement Institute study found that more than three quarters (77%) of non-retired investors are concerned about a U.S. recession over the next 12 months. However, it also shows a shift from caution to action, as 1 in 3 (33%) non-retired investors say...