April 2026

UK ageing accelerates as over‑85 population set to double

The UK’s population is ageing rapidly, with the number of people aged 85 and over projected to double over the next 25 years, new figures from the Office for National Statistics (ONS) have shown. The data revealed there were 1.75 million people aged 85 and over in mid‑2024, accounting for 2.5 per cent of the population, a figure expected to rise to 3.6 million, or 4.9 per cent, by mid‑2049. Over the same period, the number of people of pensionable age...

Australia. Solving the $326 billion ‘stranded’ pension asset problem

More than 1.5 million Australians aged 65 and over have left money sitting in superannuation accumulation phase, paying tax at 15 per cent on investment earnings when they could be in the tax-free pension phase and receiving higher retirement income. A dialogue paper published by the Actuaries Institute, It’s Time: Here’s How to Turn Superannuation into a Retirement Income System, puts the aggregate value of those “stranded” balances at $326 billion. the additional tax cost to those individuals exceeds $2 billion...

Colombia’s AFP Protección opens pension funds to Bitcoin for 8.5 million savers

Protección, Colombia’s second-largest pension manager with $55 billion AUM, launches Bitcoin fund for qualified clients, following Skandia’s lead and signaling Latin America’s institutional crypto embrace. AFP Protección, Colombia’s second-largest private pension and severance fund manager, announced a Bitcoin-linked investment fund for qualified clients. President Juan David Correa confirmed the product during a Valora Analitik interview, limiting access to those passing personalized risk assessments. The fund enables portfolio diversification, allocating a portion to Bitcoin without shifting core traditional assets. Crystal Intelligence reported...

UK. Four in five adults unaware of pensions dashboard

Four in five UK adults remain unaware of pensions dashboards, despite the approaching connection deadline and growing expectations that the tool will play a key role in retirement planning, research from KPMG UK has revealed. The study found that 80 per cent of UK adults have not heard of the pensions dashboard, with awareness particularly low among those closest to retirement. Among those aged 55–64, 81 per cent were unaware of the initiative, rising to 87 per cent among those aged...

PH leads region in pension coverage, but long-term viability questioned

The Philippines is emerging as one of Asia’s “stronger performers in pension coverage,” based on data from the Organization for Economic Cooperation and Development (OECD). “It is a sign that more workers are being brought into formal social protection systems,” said Dr. Alicor Panao, an Inquirer data scientist and associate professor at the University of the Philippines. Based on population coverage, about 55.5% of working-age Filipinos ages 15-65 are enrolled in pension schemes. Across Asia, where large informal sectors often exclude workers,...

Closing the pension gap: Can AI drive informal sector inclusion

Ghana’s digital transformation agenda has, over the past decade, moved from ambition to measurable progress. Foundational systems—ranging from the Ghana Card and mobile money interoperability to digitised public services and online tax administration—have reshaped how citizens interact with the state. Beyond improving administrative efficiency, these developments have established critical building blocks for broader financial inclusion, particularly among underserved segments of the economy. According to the World Bank’s Global Findex data, over 80% of adults in Ghana now have access to...

Analysis-Brazil shackles public pension funds after Banco Master meltdown

Brazil’s biggest bank failure in recent history has led to an aggressive crackdown on public pension funds, which were among its creditors, limiting their portfolios in ways that could make it harder to hit their long-term targets. The new restraints for public pension funds, which manage some $73 billion in Brazil, are part of the widening fallout from the liquidation of Banco Master, with consequences for politicians, a state-run lender and even central bankers. Although Master was not considered a systemic...

Nigel Farage commits to keeping ‘triple lock’ for state pensions if he becomes PM

Nigel Farage today vowed to keep the 'triple lock' for state pensions if he's prime minister - but Reform UK could take the axe to 'gold plated' civil service schemes. After months of internal wrangling within Reform over the issue, Mr Farage said the triple lock 'is going to stay' if his party wins the next general election. There had previously been signs of a split at the top of Reform over the triple lock, which sees state pensions increase in line with whichever...

Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind

Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer. Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a December blog post, citing Federal Reserve data. Compared to 1989, when those over 70 years old held 19% of the wealth in the household sector, older Americans now own 31% of the wealth. That chunk of change is an outsize share compared to other generations....

UK. Pensions dashboards are schemes ready for the next step

TPR dashboards lead Lucy Stone emphasises that connection is just the start of the dashboards journey, urging schemes to keep up the momentum, focus on value data and embrace the opportunities to learn from user testing. We are edging ever closer to people being able to see all their pensions online at a time of their choosing, revolutionising how they plan for retirement. With the deadline for connection less than six months away, three quarters of all records are...