News Archives - Page 31 of 950 - Pension Policy International

06MarMarch 6, 2026

Canada’s largest pension funds joining Australian peers to increase investments in both countries

Canada’s largest pension funds are joining an initiative that aims to boost pension investments between Canada and Australia. The Canadian-Australian Pension Funds Investment Initiative, announced Wednesday during Prime Minister Mark Carney’s visit to Australia, will create a framework for pension funds in the two countries to discuss policy barriers and associated solutions to improve the current business environment. The agreement includes participation from the Alberta Investment Management Corp., the British Columbia Investment Management Corp., the Caisse de dépôt et placement du...

March 6, 2026

NewsAustralia, Canada, Investment

05MarMarch 5, 2026

UK. DWP State Pension age change begins April 2026 as payment increase confirmed

The State Pension age is due to increase from 66 to 67 from next month, with the change anticipated to be fully implemented for all men and women across the UK by 2028. This proposed rise in the official retirement age has been in place since 2014, with an additional increase from 67 to 68 planned between 2044 and 2046. The Pensions Act 2014 brought forward the State Pension age increase from 66 to 67 by eight years. The UK...

March 5, 2026

NewsRetirement Age, State Pensions, UK

05MarMarch 5, 2026

China outlines strategy to address population aging

China will advance a proactive national strategy in response to population aging, according to the government work report submitted on Thursday to the country's top legislature for deliberation. The report prioritizes elderly care services in rural areas. Minimum basic old-age benefits for rural and non-working urban residents will be raised, and the country's unified national management system for basic old-age insurance funds will be scaled up. The government will work to increase the supply of public-interest elderly care services, according to...

March 5, 2026

NewsAging, China

05MarMarch 5, 2026

Yale study challenges notion that aging means decline, finds many older adults improve over time

Aging in later life is often portrayed as a steady slide toward physical and cognitive decline. But a new study by scientists at Yale University suggests an alternate narrative — that older individuals can and do improve over time and their mindset toward aging plays a major part in their success. Analyzing more than a decade of data from a large, nationally representative study of older Americans, lead author Becca R. Levy, a professor of social and behavioral sciences at...

March 5, 2026

NewsAging, Health

05MarMarch 5, 2026

New Retroactive Pension Payments for 37,000 in Greece

Anew round of retroactive pension payments is being implemented in Greece, targeting approximately 37,000 retirees, as the country’s main social security authority (e-EFKA) proceeds with gradual disbursements. The package concerns pending pension recalculations. Although pensions for these beneficiaries had already been recalculated, subsequent corrections and adjustments led to further increases. While the revised higher amounts were paid, the corresponding retroactive sums were not included at the time. These outstanding amounts will now be credited, covering the period from January 1,...

March 5, 2026

NewsGreece, Pension Payout

04MarMarch 4, 2026

UK. Government urged to withdraw mandation from Pensions Bill

Pensions UK is calling on the Government to withdraw the power that would allow it to direct how pension schemes invest UK workers’ retirement savings from the Pension Schemes Bill. As drafted, the reserve power extends significantly beyond the Government’s stated intention of supporting the Mansion House Accord, a voluntary commitment by 17 of the largest workplace pension providers to invest at least 10% of their defined contribution (DC) default funds in private markets by 2030, with 5% of the...

March 4, 2026

NewsInvestment, Regulation, UK

04MarMarch 4, 2026

How South Korea nudged its birth rate back up – and what Singapore can learn

As Singapore's birth rate hits a historic low, South Korea's modest but notable rebound offers a ray of hope and possible lessons, experts said. Singapore's total fertility rate (TFR) fell to 0.87 in 2025, parliament was told on Thursday (Feb 26), continuing a slide that first pushed the country below 1.0 in 2023. A TFR below one means the average woman has less than one child in her lifetime – far below the 2.1 replacement rate needed to keep the population from...

March 4, 2026

NewsAging, Labor Market, South Korea

04MarMarch 4, 2026

US retirees are trading the 4% rule for the ‘bucket strategy.’

For decades, retirees have followed the guideline to withdraw 4% of their investment portfolio each year in retirement. This maximum withdrawal rate was believed to be a sure-fire method for stretching retirement income for 30 years or more. One of the rule’s big advantages is its simplicity, but simple doesn’t always mean better. Given how unpredictable the economy has become, the so-called 4% rule is seen as outdated, with outfits like Morningstar recommending withdrawal rates between 3.3% and 4% depending...

March 4, 2026

NewsUS, Withdrawals

04MarMarch 4, 2026

Pakistan’s digital banking users top 127 million amid shift to cashless economy

Pakistani officials told Prime Minister Shehbaz Sharif on Tuesday the number of digital banking users in the country had surpassed 127 million, the PM Office said, as the government pushes ahead with efforts to promote a cashless economy. Pakistan has witnessed significant growth in digital transactions in recent years. The country’s central bank said last year that its instant digital payment system, Raast, had processed more than 892 million transactions worth Rs20 trillion ($72 billion) since its launch in 2021. During...

March 4, 2026

NewsFintech, Pakistan

03MarMarch 3, 2026

The Typical American’s Retirement Savings Is Shockingly Low—Here’s What To Do About It

Many American workers don't have enough retirement savings. Among American workers aged 21 to 64 with any defined contribution savings, the median balance was $40,000, according to 2023 Census data recently analyzed by the National Institute on Retirement Security.1 When the researchers included workers without retirement savings, the median amount saved in defined contribution plans was a paltry $955. Retirement in the U.S. is often described as a three-legged stool, with people relying on Social Security, pensions, and individual retirement savings. But fewer workers have pensions....

March 3, 2026

Newssavings, US

March 2026