News Archives - Page 6 of 922 - Pension Policy International

25FebFebruary 25, 2026

Revolutionary ‘Department of Future Aging’ transformed a German town for its elders

The world is getting older, and it’s getting older quickly. In 2019, there were approximately 700 million people aged 65 and older. The UN predicts that the number will more than double by 2050. In the U.S., the Census Bureau estimates that retirement-age residents will outnumber children for the first time in the nation’s history by the 2030s. Clearly, helping the aging population live their later years with as much comfort and dignity as possible is a growing concern. And one German town is...

February 25, 2026

NewsAging, Germany

24FebFebruary 24, 2026

U.K. Pension savers increasingly turning to AI when starting retirement planning

Pension savers are increasingly turning to artificial intelligence (AI), rather than financial guidance or advice websites, to begin their retirement planning, according to PensionBee. The pension provider analysed data on Google keyword searches and traffic to free advice websites, and found that AI was increasingly satisfying the typical, early-stage needs of pension holders when they start to consider pension and retirement options. It noted that the rise of ‘AI Overviews’ may be reducing the need to go direct-to-source for important information...

February 24, 2026

NewsAI, Retirement Planning, UK

24FebFebruary 24, 2026

US. Retirement Asset Ownership Is Widespread Among Gig-Worker Households

As the gig economy has grown, so too has concern that a workforce increasingly made up of freelancers, independent contractors, and app-based workers is falling through the cracks of the US retirement system. Because gig workers can sometimes lack access to employer-sponsored plans, they are often portrayed as disengaged from long-term savings and at a heightened risk of financial insecurity in retirement. These assumptions have shaped policy debates, media coverage, and calls for reform, often treating gig work itself...

February 24, 2026

NewsInformal Sector, Retirement Planning, US

24FebFebruary 24, 2026

U.K. How CDC schemes can be a win for every generation

As collective defined contribution (CDC) enthusiasts and people who are committed to finding a way for pensioners to enjoy a substantial annual income in retirement without making complex investment decisions, we are delighted that the pensions industry seems unified on the CDC performance debate. Whether CDC schemes outperform standard DC by 20% or 60% is a matter of assumptions and perspective, but it's generally agreed that: "through pooling of longevity risk, and adopting a higher return-seeking investment strategy, CDC can...

February 24, 2026

NewsCDC, DC, UK

24FebFebruary 24, 2026

Nigeria. Fighting poverty in retirement: The role of pensions for informal workers in Nigeria

In Nigeria, the word “pension” evokes different reactions. For many civil servants and corporate workers, it symbolises hope for a near-comfortable retirement. However, for the majority of Nigerians working in the informal sector, it represents a bleak future. These are the market traders, motorcycle riders, small-scale farmers, artisans, and workers in countless micro and nano-scale businesses. With approximately 90% of Nigeria’s workforce operating outside the formal economy, pension coverage for informal workers is almost non-existent. Believe me, this has...

February 24, 2026

NewsCoverage, Nigeria, Poverty

23FebFebruary 23, 2026

UK. Research finds gap between pension holders’ investment beliefs and knowledge

Pension holders believe it is important to know where their pension is invested but few actually know what their money is funding, research from Nest Pensions has shown. The workplace pension scheme found that 83 per cent of UK pension savers thought it was important to understand where they were invested, but just 24 per cent actually knew. Nest stated that this gap mattered as people missed the fact their pension was “one of the most powerful” financial tools they have...

February 23, 2026

NewsFinancial Literacy, Retirement Planning, UK

23FebFebruary 23, 2026

US. How One Extra Dollar of Income Can Cost You Thousands in Retirement

As a retiree, any extra income probably feels welcome. But unfortunately for some, a seemingly minor increase in reported income can ripple through your finances, affecting not just your tax return but also your Medicare premiums. If you're on Medicare, the Income Related Monthly Adjustment Amount (IRMAA) means that crossing an income threshold by even one dollar can trigger higher Medicare Part B and Part D premiums. Understanding how IRMAA works is essential — especially when a single dollar can make a difference....

February 23, 2026

NewsRetirement Planning, savings, UK

23FebFebruary 23, 2026

Nigeria. Ogun introduces fresh pension benefit to boost CPS confidence

The Ogun State Government has introduced an Additional Pension Benefit (APB) to address stakeholder concerns following the full implementation of the Contributory Pension Scheme (CPS) in the state. Approved by Governor Dapo Abiodun, the initiative was announced after consultative meetings with organised labour, the State and Local Government Pension Administration Committees, and the Commissioner for Finance and Chief Economic Adviser, Dapo Okubadejo. The CPS became fully operational in Ogun State on July 2, 2025. The APB is a one-off payment at retirement designed to...

February 23, 2026

NewsNigeria, Pension Reform

23FebFebruary 23, 2026

India. Report shows retirement plans can face inflation and longevity risks: How to prepare

A new analysis by OmniScience Insights Labs shows that traditional retirement strategies in India may fall short in sustaining income over long retirements. The report highlights how structural design, rather than corpus size alone, determines whether retirees can maintain their lifestyle amid rising costs and market volatility. Inflation risk: Even stable nominal income erodes purchasing power over decades. For example, ₹1 lakh monthly expenses today could rise to nearly ₹1.8 lakh in 10 years at a 6% inflation...

February 23, 2026

NewsIndia, Inflation, Longevity

23FebFebruary 23, 2026

Ghana. SSNIT, Sustainability and the Transparency Question: Strengthening Pension Confidence

Ghana’s national pension scheme, established under the National Pensions Act, 2008 (Act 766), operates as a partially funded system. In such a structure, pensions are financed primarily from ongoing contributions by active workers, supplemented by returns on invested funds. Unlike a fully funded scheme, where benefits are paid strictly from accumulated savings for each contributor, a partially funded system relies on a mix of current inflows and accumulated assets. In this context, “reserves” do not function as a simple...

February 23, 2026

NewsGhana, Regulation

February 2026