May 2026
04May

UK Pension Assets Fall £232 Billion in Six Years: deVere Group Analysis

The total value of UK-funded occupational pension schemes has fallen by £232 billion since 2019, new data shows. The dramatic slide comes despite the fact that overall membership grew by 1.6 million people in the same period. The fall reveals the full impact of the 2022 Truss Mini-budget, from which UK defined benefit contributions have yet to recover. Analysis by the deVere Group of ONS data shows a peak-to-trough of minus £757 bn, or −37.4 per cent. The market-value measure (assets minus non-pension...

May 4, 2026
News,
Read more...
04May

Hundreds of thousands of Germans take to the streets over threat of pension and benefit cuts

In Germany, 366,000 people took part in protests against social benefit cuts. Trade unions are opposing reductions in pensions and healthcare spending. Hundreds of thousands of people took to the streets for May Day demonstrations in Germany. Participants of the rallies warned the government that they are ready to fight against cuts to pensions, social benefits, and the healthcare system, UNN reports, citing DW. "Our work first, your profit second" — under this slogan, more than 400 events were held across Germany, according...

May 4, 2026
News, ,
Read more...
04May

The Wage Illusion: Pakistan’s Informal Economy and the Crisis of Shared Prosperity

On the first of May, the world does more than commemorate labour; it measures the distance between economic growth and those who actually produce it. The origins of this day lie in the Haymarket Affair in Chicago, where a demand as basic as an eight-hour workday was met with violence, yet ultimately reshaped global labour standards. Nearly 140 years later, that legacy exists alongside a global economy in which, according to the International Labour Organization (ILOSTAT, 2023), over 60%...

May 4, 2026
News,
Read more...
04May

How to make public spaces accessible, safe and attractive for an aging population

To be truly inclusive, public outdoor spaces must meet the needs of the entire population, regardless of age, physical ability or mobility. Although many cities have adopted universal accessibility policies in recent years, it’s important to consider whether these policies have actually improved accessibility and the experiences of citizens who live there. Public spaces can become a source of fatigue and stress for older people if their features are not properly designed. Several fields of research in urban design, urban planning, and...

May 4, 2026
News,
Read more...

April 2026
30Apr

US. These workers are allowed to save $35,000 a year in their 401(k)s. Here’s how many actually do it.

Super catch-up contribution rates are low: ‘Most people don’t have that kind of discretionary income’ Super catch-up contributions — which allow older workers to pack their 401(k) accounts to the tune of nearly $35,000 a year — might be a little less than super when it comes to participation rates, in part because most workers can’t afford to make them. Under the Secure 2.0 legislation passed by Congress in 2022, people ages 60 to 63 who participate in workplace retirement plans...

April 30, 2026
News,
Read more...
30Apr

UK. CDC code of practice laid before parliament as TPR clarifies comms role of trustees

The Pensions Regulator (TPR) may act against trustees if they fail to identify “unclear or misleading” communications in relation to collective defined contribution (CDC) pension schemes. TPR’s code of practice for CDC schemes was laid before parliament this week (29 April), ahead of coming into force around October this year. The regulator also published its response to the CDC code consultation, which closed earlier this year, and stated that it would hold trustees accountable for poor communications. This was an area...

April 30, 2026
News, ,
Read more...
30Apr

Nigeria: CPs – Pencom Sustains Push for States, Others

The National Pension Commission has sustained the drive for states, local governments and employers in formal sector to fully embrace the Contributory Pension Scheme, writes Ebere Nwoji One of the major headaches of the present leadership of the pension sector regulatory authority, the National Pension Commission (PenCom), is how to succeed in making every Nigerian with genuine means of livelihood enrol into the Contributory Pension Scheme (CPS). The commission said the overall aim is to ensure that at advanced age, every...

April 30, 2026
News, ,
Read more...
30Apr

Greece. ‘They treat me like a dog’ – 89-year-old opens fire in Athens office over long-running pension dispute

An 89-year-old man opened fire inside a social security office in central Athens and later at a courthouse, injuring five people. According to his own statements, the incident was driven by a long-running dispute over his pension and a sense of injustice. The shootings unfolded on Monday at an office of Greece's main social security body, EFKA, in the Kerameikos area of Athens. Five people were injured, including employees and members of the public, inside the building at the time. None of the injuries...

April 30, 2026
News, ,
Read more...
29Apr

Market Turmoil Sparked by Iran War Wiped Out $233B in Public Pension Funding

A 3.5% aggregated investment loss spurred by war in the Middle East wiped $233 billion from the 100 largest U.S. public pension plans in March, dropping their funded levels to 83.7% from 87% in February, according to actuarial and consulting firm Milliman. It was the first time the dataset recorded investment losses in more than a year, and it halted the progress of the aggregate funded level’s steady rise from almost 80% funded 12 months earlier. Milliman estimated that individual...

April 29, 2026
News, ,
Read more...
29Apr

Germany’s birth rate reached lowest level on record in 2025

Germany's birth rate fell to its lowest post-World War II level in 2025. According to preliminary figures from the Federal Statistical Office (Destatis), around 655,000 live births were recorded in 2025, compared to around 680,00 in 2024. Last year, the country recorded more than one million deaths. This brings the birth deficit to around 350,000, setting yet another record. Declining birth rates for the fourth year in Germany Last year marked the fourth consecutive year of decline in the birth rate and the lowest level since 1946. Germany's current replacement rate is at 1.35...

April 29, 2026
News,
Read more...