News Archives - Page 56 of 978 - Pension Policy International

17MarMarch 17, 2026

UGM Expert Warns Pension Coverage in Indonesia Remains Limited

The Ministry of Finance projects that around 100 million Indonesians may face retirement without pension savings by 2038. This condition is considered a serious alarm for the national labor system. Several factors contribute to the public’s lack of pension savings: most people set aside only about 3 percent of their income, whereas financial security standards recommend at least 10 percent. Meanwhile, the current pension security scheme still has limited coverage, particularly for the informal sector. As a result, many people...

March 17, 2026

NewsCoverage, Indonesia, Informal Sector

17MarMarch 17, 2026

Global report identifies 6 trends redefining aging well — with takeaways for US senior living

Aging well increasingly is being defined not simply by longevity or the absence of disease, but by functional ability, social connection, emotional well-being and purpose, according to a white paper from the Global Wellness Institute’s Aging Well Initiative. The paper identifies six key trends shaping how older adults experience wellness, drawing on interviews with 18 experts across eight countries: the United States, Australia, Indonesia, Japan, India, Singapore, Thailand and the United Kingdom. The report, “What Is Happening with Aging Well? Views from...

March 17, 2026

NewsAging, Healthcare

13MarMarch 13, 2026

It’s thanks to Social Security wealth inequality isn’t even worse, Wharton economist says. Trump’s policies will push it to insolvency in 6 years

America’s debt burden is caught in a death loop, and President Donald Trump’s policy agenda has accelerated that spiral. Among other consequences, the country’s race towards fiscal chaos might also plunge Social Security into insolvency, potentially erasing a $40 trillion buffer that has helped moderate wealth inequality over the past few decades. Modern-day America’s chasm between the ultra-rich and the rest of the country hasn’t been this wide since the Gilded Age, when the wealthiest 5% held a third of...

March 13, 2026

NewsSocial Security, System sustainability, US

13MarMarch 13, 2026

UK pension fund to vote against boards backpedaling on climate

UK pension giant Nest will now vote against board chairs where the company they oversee has materially scaled back its climate commitments without explanation. Updating its voting policy, Nest said where adjustments are made to transition strategies, boards are expected to provide clear and evidence-based reasoning to shareholders. It said it will now be more explicit in its voting approach to support constructive dialogue with companies. Nest director of responsible investment Diandra Soobiah said the update builds on the existing approach...

March 13, 2026

NewsClimate crisis, ESG, Investment, UK

13MarMarch 13, 2026

Ghana. Informal sector employers who fail to pay employees’ pensions will be prosecuted – NPRA

The National Pensions Regulatory Authority (NPRA) in the Bono Region has cautioned employers in the informal sector to ensure the regular payment of their workers’ monthly pension contributions or face prosecution. Mr Enoch Okomfo Okonah, Assistant Manager in charge of Compliance at the Bono Regional Office of the NPRA, said employers who default could be fined up to 2,000 penalty units, pay the defaults, or be sentenced to two years imprisonment—or suffer both penalties. In an interview with the Ghana News...

March 13, 2026

NewsGhana, Informal Sector, savings

12MarMarch 12, 2026

Is ESG investing in the best interests of pension scheme members?

Pension funds can do more to mitigate climate change and should feel empowered to do so, according to Caroline Lucas, former leader of the Green Party. Debating whether environmental, social and governance (ESG) investment strategies have a future, in a session at the Pensions UK Investment Conference in Edinburgh yesterday (11 March), Lucas said that investing in opportunities that build a resilient future is looking after member interests. “Environmental policy and pension policy are still seen too much as separate domains,...

March 12, 2026

NewsESG, Investment

12MarMarch 12, 2026

Inertia is the real danger for ageing populations: Alexandra Miles

I recently read the book Time Bomb: When Ageing Explodes by Giles Merritt, which lays out why demography is one of Europe’s most underestimated economic threats. The argument is unsettling: ageing is already reshaping economies, politics and social contracts, and its effects will intensify. At the core of the challenge is a shrinking workforce. Merritt highlights how Europe’s post-war prosperity rested on a favourable worker-retiree balance, with five workers to each pensioner. Today, it is below 3:1 in much of Europe...

March 12, 2026

NewsAging, Labor Market

12MarMarch 12, 2026

Nigeria. PenCom targets one million informal women for pension

The National Pension Commission has officially launched an ambitious drive to enrol one million women into the Personal Pension Plan, marking a significant shift in its strategy to extend financial security to Nigeria’s vast informal sector. The initiative was unveiled by the Director-General of PenCom, Ms Omolola Oloworaran, during an outreach campaign held to commemorate International Women’s Day on Tuesday in Lagos. Speaking to market women and entrepreneurs at Mile 12 Market in Lagos, she highlighted the urgent need to bridge...

March 12, 2026

NewsCoverage, Gender Gap, Nigeria

12MarMarch 12, 2026

Raising MPF contribution levels a tricky but necessary step for Hong Kong

People have long complained their mandatory pensions will never be enough to retire on. That is true, but the flip side is that by contributing less than many comparable pension schemes overseas, local workers have more spending power in the present. There is always a trade-off. Perhaps the Mandatory Provident Fund (MPF) scheme should be seen more as a financial cushion for a person at the end of their working life, rather than a nest egg. Still, the scheme needs...

March 12, 2026

NewsHong Kong, savings

11MarMarch 11, 2026

How the UK’s largest pension schemes have navigated recent volatility

Leading pension scheme investment bosses have highlighted the importance of appropriate governance processes to help navigate periods of volatility. On a panel discussion at the Pensions UK Investment Conference in Edinburgh this week, senior representatives from three of the UK’s largest pension managers explained that clear delegation and communication were key to successfully navigating volatility. Joe McDonnell, chief investment officer at Border to Coast Pensions Partnership, said his asset allocation committee had been meeting “more frequently” in recent weeks to assess...

March 11, 2026

NewsInvestment, Pension Management, UK

March 2026