April 2026

MFS Survey Shows Plan Sponsor Confidence Improving Dramatically

Findings from the annual MFS Defined Contribution Plan Sponsor Survey show that plan sponsors’ confidence in their participants being able to retire when they want has increased dramatically year-over-year. One-third of sponsors are now very or extremely confident in their participants’ ability to retire at their target age, up from just 18% one year prior. The result: a score of “B” on MFS’ proprietary Workplace Retirement Readiness Indicator. The survey, which captures insights from 153 plan sponsors representing over $400...

South Africa. Pension funds and administrators could face summons for ignoring complaints

Retirement funds and administrators have been put on notice by the Pension Funds Adjudicator (PFA) on the back of concerns about a failure to respond to complaints by members. Adjudicator Lebogang Mogashoa says there remains a high number of incidents of retirement funds and administrators not cooperating with the office’s investigation processes. This includes not responding to complaints lodged (timeously or at all), requesting many extensions to respond, and filing responses that don’t comprehensively address the substance of the complaint. After seeking...

UK. Benefits and pensions rise as two-child cap ends

A host of benefits and the state pension are rising as the new financial year begins, including more money for larger families on universal credit. The two-child benefit cap has now been scrapped, meaning some 480,000 families with three or more children will get an average rise of £4,100 a year. One mum told the BBC the rise was a "massive help" in dealing with the rising cost of living, while charities have described the move as a "gamechanger". But some critics...

US. How Much Ages 65 to 74 Have Actually Saved for Retirement Today

How Many People in Their Mid-60s to Early 70s Have Any Retirement Savings People ages 65 to 74 sit at a financial crossroads: Many have reached their highest net worth even as their incomes begin to fall with retirement. According to the Federal Reserve's Survey of Consumer Finances, 51% of households in their mid-60s to early 70s had money in retirement-specific accounts in 2022, the most recent year available.1 That's the highest percentage for this age range since 2007, but lower than what most younger age groups...

Old-age pensions in the Pacific: Ensuring dignity in later life

In Fiji, the Social Pension Scheme pension is having a huge impact on reducing poverty, with analysis suggesting poverty among older persons would be around 40 per cent higher without the scheme. The pension supports more than 58,000 older persons and, for many households, this support is essential. A recent community-level survey of 1,365 pension recipients found that 72 per cent are the sole income earners within their households. At the household level, the impacts are tangible. “The pension enables recipients to transition...

The UK needs a big debate on the sustainability of TPS for post-92s

The recent rise in employer contributions to the Teachers’ Pension Scheme (TPS) to 28.68 per cent – almost double that of the Universities Superannuation Scheme (USS) – presents a genuine and growing challenge for institutions legally required to offer it. We absolutely agree that university staff deserve competitive salaries with generous benefits and high-quality pensions. The question is how universities can sustain that commitment responsibly at a time when all universities are facing financial challenges for a variety of well-documented reasons. Urgent action is needed, and many universities are looking...

UK state pension age begins rise to 67 with payment boost

The UK state pension age has begun a phased increase from 66 to 67, starting with people born in the early 1960s, alongside a 4.8% payment rise under the triple lock. The change, expected to save £10bn annually by 2030, has drawn concern from charities about its impact on lower-income and less healthy regions. Political pledges to maintain the costly triple lock persist despite warnings about the system’s long-term sustainability. Pension age rise begins with phased rollout From Monday, the UK...

Here’s Exactly What I Plan to Do if the Market Crashes as I’m About to Retire

As someone who writes about investing and personal finance, I'm well aware that a stock market crash can be nerve wracking at any time. But I also know that market downturns are nothing to panic about when you're decades away from retirement. But what if the market crashes just as you're about to retire? Talk about bad timing. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing...

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according to Benefits Canada’s 2026 Employee Savings Survey. The survey, which polled 500 Canadian plan members, found traditional mail (18 per cent) was a distant second preferred communications tool, followed by an insurance company website (17 per cent) and a financial advisor meeting arranged by an insurance company (14 per cent). During a webinar discussing the survey’s results, Jimmy...

EU finance faces growing risks from geopolitical pressures, watchdogs warn

European financial watchdogs have warned that the war in the Middle East and fast-growing private finance markets could increase risks for the EU financial system. The European Supervisory Authorities — the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) — said geopolitical tensions could affect financial markets through higher energy prices, inflationary pressures and weaker economic growth, ESMA announced on Tuesday. They said they had previously warned about the...