September 2025
22Sep

Aging in the U.S. and Korea: Same Sphere, Different Realities

Both the United States and South Korea are experiencing rapid population aging, but the patterns and social responses differ greatly. The U.S., already moving beyond an “aged society” into a “super-aged society,” is turning this change into a field of opportunity. Korea, meanwhile, is aging at the fastest pace in the world, but its institutions and perceptions still lag behind. In particular, when we look at five areas where the U.S. has shown distinctive developments—△labor market △long-term care & healthcare...

September 22, 2025
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22Sep

Ghana Unlocks Pension Assets for Economic Transformation

Ghana’s ambitious 24-Hour Economy initiative has secured a groundbreaking partnership with the country’s largest pension fund to channel retirement savings into infrastructure development and small business financing, addressing the program’s estimated $4 billion funding gap through domestic capital mobilization. With domestic pension assets projected to reach GHC 100 billion (≈$8.3 billion) by 2025, the government signed a memorandum of understanding with Petra Trust Company Limited, Ghana’s leading corporate pension trustee, to invest retirement funds through Ghana Infrastructure Investment Fund (GIIF)...

September 22, 2025
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22Sep

US. Strength in numbers: Why scale is reshaping the future of retirement plans

For CFOs and finance team leaders, the pressure to deliver more value with fewer resources is relentless. Retirement plan management—often a top-three employee benefit—has become a focal point, as organizations navigate rising costs, complex compliance, and growing expectations from employees and regulators alike. Many employers still manage their 401(k) plans in isolation, bearing the full weight of administration and risk without the advantages of scale. Today, as regulatory scrutiny and litigation intensify, and employees demand stronger retirement security, the...

September 22, 2025
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22Sep

Nigeria. PenCom Redesigns Pension Plan, Targets Informal Sector

The National Pension Commission has announced new measures to expand pension coverage in Nigeria’s vast informal sector by leveraging super agents and financial technology platforms to simplify onboarding into the country’s rebranded Personal Pension Plan. The initiative was disclosed at the recent 2025 Annual Conference of the Nigerian Association of Insurance and Pension Editors, themed “Strengthening Insurance and Pension Frameworks for Better Economy.” Since the launch of the Micro Pension Plan in 2019, uptake has remained modest. With around 200,000 contributors...

September 22, 2025
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22Sep

Germany proposes a solution to the pension crisis: a monthly ‘salary’ for children aged 6 and over

“The welfare state we have today is no longer financially sustainable,” German Chancellor Friedrich Merz stated at a CDU event at the end of August. His remarks follow the government’s agreement to push through a reform of the pension system, aimed at containing the deficit. To address this, Merz proposed incentivizing private savings from an early age as a potential solution. The “Early Start Pension” initiative suggests that children aged six to 18 attending school would receive €10 per month from the German government, which would...

September 22, 2025
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19Sep

Pensions UK urges small pension pot consolidation by 2030

The pensions industry should drive small pension pots consolidation by 2030, trade body Pensions UK has urged. In its Small Pots Feasibility Review, the organisation looked at how to resolve the issue of small pensions pots. It pointed out that small pension pots are costly to deliver and confusing for savers. Torsten Bell, Minister for Pensions, said: “With more small pots than pensioners in the UK, too many people are losing track of their hard-earned savings. This is bad for pensions savers...

September 19, 2025
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19Sep

65-year-old retirees in France now have higher incomes than working-age adults—meanwhile, American boomers can’t even afford to retire

French retirees officially bring in more income than their working-aged counterparts, as Americans are struggling to find the funds to retire and support their post-employment lifestyle. Due to France’s relatively young retirement age, lofty governmental spending on pensions, and high wage replacement rate, they’re now out-earning citizens with jobs as the country’s officials try and make unpopular changes. While boomers in the U.S. and UK are being forced to go back to work because they can’t afford to retire in...

September 19, 2025
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19Sep

Kenya: Fraud scandal robs millions of healthcare, pensions

For decades, Kenya’s public pension and health insurance systems have promised workers security in retirement and protection during illness. But for many citizens, these promises have now turned into frustration and betrayal as the money they faithfully contributed has ended up in the pockets of fraudsters within the system. In 2024, a report by Auditor General Nancy Gathungu revealed more than 260 000 cases of fraudulent activities targeting pension schemes in Kenya. Between 2013 and 2020, over 67 billion Kenyan shillings ($515...

September 19, 2025
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18Sep

UK. All generations expect to fall short of a comfortable retirement

Most UK pension savers believe they will fall short of a comfortable retirement, with rising debt, delayed retirement and low levels of financial knowledge fuelling concerns across all generations, according to Interactive Investor’s sixth Great British Retirement Survey. The research, conducted with Opinium Research and based on responses from 9,000 people, found that six in 10 savers expect retirement wealth of less than £300,000, well below the £330,000 benchmark estimated by the Pensions UK Retirement Living Standards (RLS) for a moderate...

September 18, 2025
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18Sep

US. Rethinking Retirement A Four-Pillar Framework for Security and Sustainability

America’s retirement system needs an overhaul. Many retirees face inadequate income and persistent uncertainty. On the bright side, however, most Americans do have more money than ever before to finance their retirement. Thus, reforming our retirement system will not require significant government resources. But it will require a fundamentally new approach that considers all potential sources of retirement income. One key feature of our retirement system, the 401(k), was designed to generate wealth that supplements income from Social Security and...

September 18, 2025
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