September 2026

US. Why Pensions Still Provide Key Income for Many Retirees Even as Access Declines

Traditional pensions, where employers guarantee their workers a fixed monthly paycheck for life in retirement based on their salary and years of service, are widely considered a thing of the past. But the reality is more complicated. While these highly sought-after defined benefit (DB) plans are no longer an option for most of today's workers, for retirees, they remain a common source of income. Pensions Are Much Less Common for Workers Today Only 29% of American workers have an employer-sponsored DB pension,...

UK. Why civil service pensions have been delayed as backlog still over 30,000

Thousands of retired civil servants continue to face late or missing pension payments as administrator Capita oversees a growing caseload. The government outsourcing giant took over the civil service pension scheme in December 2025, taking an already considerable backlog of 86,000 cases to 120,000 by February 2026. It admitted earlier this year that its handling of the 1.7 million-member scheme was “not good enough” amid scathing government scrutiny. Capita’s contract to oversee the Royal Mail statutory pension scheme was terminated in April,...

Ukraine Will Receive $841 Million from the World Bank for Pensions

Ukraine will soon receive $841 million from the World Bank. This money will help offset government expenditures on pension payments. According to him, the funding will be provided as part of the Peace in Ukraine project. The Canadian government will provide guarantees for these funds. “Ukraine will soon receive $841 million in budgetary support from the World Bank, backed by guarantees from the Canadian government,” Koretsky said. The funds received will not be directed directly to individual pension accounts. This...

Spain. The Social Security chains a surplus of 9.162 million until July thanks to the strong advance of contributions

The Social Security closed the first seven months of the year with a positive result of 9.162 billion euros, equivalent to 0.5% of GDP. This balance is obtained after total revenues of 154.231 billion euros, 7.8% more than a year earlier, against expenses of 145.069 billion, which increased by 7%, according to data released this Friday by the Ministry of Inclusion, Social Security and Migration. Between January and July, the system obtained 109.913 billion euros in income from social contributions,...

Canada. Teachers pension plan pledges $10-billion in new investment in Canada by the end of 2027

Ontario Teachers’ Pension Plan is aiming to invest an additional $10-billion in Canada by the end of 2027, increasing the size of its $100-billion domestic portfolio. The $303-billion pension fund announced Friday that it intends to add new investments in both publicly traded equities and private assets. Early next week, hundreds of the world’s top financial sector CEOs and senior executives will gather in Toronto for the inaugural Canada Investment Summit, where Prime Minister Mark Carney will try to attract more...

UK. I asked my husband to pay into my pension when we had a child – here’s why

When Molly and Taylor Haylett started their family, they hadn't really planned for what it would mean financially. "Our first child surprised us, so we weren't prepared for it," says Molly, 30, a financial adviser from Essex. Molly and Taylor, who's a train driver, were earning similar amounts, but once Molly spent more time at home with their baby, the balance changed. "Taylor's career propelled and mine took a step back," she says. "There's an unintended impact on the person who spends...

UK. Inside the Pensions Regulator’s new approach to enforcement

The regulator published its new enforcement approach on its website, setting out how it will use “better data, intelligence, and market insight” to inform its actions and “identify emerging risks sooner, engage earlier, and step in before problems escalate”. In its enforcement strategy document, the regulator explained that it had developed a “more focused, agile and outcomes-driven model that is better aligned with the changing risks in the pensions landscape”. It pledged to take “decisive action” when it identifies areas of...

AIIB eyes new platform to pool private capital for Asia’s US$1.7tr infrastructure needs

The Asian Infrastructure Investment Bank (AIIB) is developing a new platform to pool capital from institutional investors, aiming to roughly quadruple the private capital it mobilises for infrastructure projects across Asia, according to a senior officer. The mechanism will allow insurers, pension funds, and other institutional investors to co-invest in infrastructure debt alongside the bank across its 111 member countries on a programmatic basis, rather than negotiating deal by deal. Kim-See Lim, AIIB’s chief investment officer, described the initiative as being...

US’s Solo Aging Crisis Is Here

Most people spend decades planning for the financial risks of retirement. Almost no one plans for the social ones. Yet the risk that derails the final chapter of life is rarely running out of money. It is running out of people. Roughly 28% of Americans age 65 and older now live alone, according to Census and KFF Health News data, up from about 10% in 1950. More than 38 million Americans of all ages currently live alone, the highest share...

The World’s Largest Pensions Are Hiring for an AI Future as They See Record Asset Growth

The world’s largest allocators are enthusiastically rethinking how to use artificial intelligence to manage money and hire talent. New research from WTW’s Thinking Ahead Institute shows that many large pensions are still building their data, processes, and infrastructure needed to put their AI tools to work. Organizations are even rethinking how to hire talent, with at least one asset owner hiring employees with backgrounds in technology rather than finance — and training them on the fundamentals of investing. Jessica Gao, director...