July 2026
23Jul

US. Could the Average Millennial Retire a Millionaire? Vanguard’s New Numbers Offer a Clue

Get personalized, AI-powered answers built on 27+ years of trusted expertise. For many millennials, millionaire retirement status can feel simultaneously necessary and out of reach. Living costs are high, housing remains expensive, and student debt has weighed on many savers during their prime wealth-building years. But Vanguard’s latest retirement data suggests the picture is not all bleak. Median balances are still modest, but for millennials with decades left to invest, steady contributions and compounding could make a seven-figure retirement balance possible. How...

July 23, 2026
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23Jul

Kenya. Nairobi county retirees demand answers over delayed pension benefits

Retired Nairobi County employees have raised concerns over persistent delays in accessing their retirement benefits. Through Eastleigh South Ward MCA Nicholas Juma, the former staff seek answers on their pension contributions and the financial obligations owed to former county workers. Juma tabled a request before the Nairobi County Assembly seeking a statement from the Chairperson of the Sectoral Committee on Labour and Social Welfare on the delayed payment of retirement benefits by the Local Authorities Pension Trust (LAPFUND) and the remittance...

July 23, 2026
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23Jul

Canada. Innovative responses to changing retirement needs

Canada is experiencing a significant demographic shift, with the number of retirees and people approaching retirement now representing more than one third of the population. This growing segment exerts substantial economic influence, and their financial circumstances and requirements are becoming increasingly complex. Here we examine key demographic trends, retirees’ shifting aspirations and needs, advancements in financial products, the impact of technological progress, and the intricate challenges posed by existing policy frameworks. We offer practical recommendations for policymakers, financial leaders and...

July 23, 2026
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23Jul

US. $16.3B Pension Fund Boosts Bitcoin Exposure

A $16.3 billion U.S. pension fund has increased its exposure to Bitcoin through a larger investment in Strategy, the business intelligence firm widely known for building the world’s largest corporate Bitcoin treasury. The Louisiana retirement fund first entered the Strategy position earlier. The latest increase shows that the fund has chosen to expand its exposure rather than exit the position as Strategy, despite the fact that the company is facing various woes. You Might Also Like The pension fund gains exposure to...

July 23, 2026
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22Jul

US has $2.1 trillion in forgotten retirement savings.

Americans have forgotten about a staggering $2.1 trillion in retirement savings, representing roughly 31.9 million lost 401(k) accounts. That huge number represents a nearly 30% surge in stranded 401(k) assets since 2023 — or accounts that have no employees attached to them based on the Department of Labor’s Form 5500 database. This amount has nearly doubled the over the past decade, according to a report from Capitalize. The dangers of a forgotten 401(k) Not knowing where your account is held if...

July 22, 2026
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22Jul

People are living longer, but spending more years in poor health

People around the world are living longer than ever before but spending more of those additional years in poor health, according to a new Global Burden of Disease (GBD) study published in The Lancet Public Health. Researchers found that the global morbidity gap widened in almost all countries and territories analyzed between 1990 and 2023. Globally, while the share of life spent in poor health increased, trends varied by country, and a smaller number of countries saw this share decline. Within...

July 22, 2026
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22Jul

Germany’s 2026 pension reform push — a blueprint for the US.?

Germany's statutory pension insurance is essentially its version of Social Security, designed to protect German citizens in old age and provide disability and survivors' benefits. As in the U.S., Germany's retirement system is under heavy long-term financial pressure and grappling with how to reform it. That's why the country's pensions commission recently presented recommendations for sweeping changes, and the government has signaled its intention to implement them by the end of the year. The question becomes: Can the U.S. borrow any...

July 22, 2026
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22Jul

Japan’s AI gamble: Can technology offset the cost of an ageing society?

Beneath the business towers of Tokyo’s Otemachi district, a test is taking place to see whether artificial intelligence can help solve one of Japan’s biggest economic challenges: a shrinking workforce. Deep underground, Marunouchi Heat Supply Company operates a 30km (18.6-mile) network of heating and cooling pipelines serving offices, commercial buildings and transport facilities in one of Japan’s most important business areas. The company is now using AI to manage this complex infrastructure with the goal of moving towards more automated...

July 22, 2026
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21Jul

Taiwan Pension Funds Award $3B Climate Mandate

Taiwan’s Bureau of Labor Funds has selected five global asset managers for a $3 billion climate transition infrastructure mandate, directing public pension capital toward the energy and digital systems reshaping the global economy. Amundi Asset Management, BNP Paribas Asset Management Europe, Geode Capital Management, Northern Trust Asset Management Australia and State Street Global Advisors Singapore will each receive $600 million. The mandates have a five-year term. Each manager will oversee $400 million from the Labor Pension Fund, alongside $100 million from...

July 21, 2026
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21Jul

UK. SPP: Managing pension scheme risk in an increasingly uncertain world

There is currently heightened uncertainty, both geopolitically and closer to home, for UK defined benefit (DB) pension schemes. The situation in the Middle East remains precarious with a fragile ceasefire and ongoing threats. The war in Ukraine is still ongoing, albeit with some signs that a peace deal may emerge. In the UK, the prime minister has resigned, his replacement is all but confirmed, and markets are vigilant for the details of the policies the government will pursue and their...

July 21, 2026
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