February 2026

Underpaid and under pressure: The eldercare workforce leading the US’s job growth

The U.S. added 130,000 jobs in January, according to federal data released this week. But a closer look shows that the lion's share of this growth came from one specific task: caring for older Americans. Grouped under the formal categories of "social assistance" and "healthcare," at-home care services, hospitals and long-term care facilities added 124,000 positions. Much of this expansion was among the tens of thousands of aides and assistants who help elderly and disabled people bathe, dress, eat and manage...

Lufthansa Strike Puts Pension Dispute And Long Term Profitability In Focus

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Deutsche Lufthansa (XTRA:LHA) is facing a coordinated 24 hour strike by pilots and cabin crew. The walkout is set to affect departures across all German airports. The dispute centers on retirement and pension funding, with management citing limited financial flexibility. The action is expected to disrupt passenger travel and Lufthansa's near term operations. For you as an investor, this strike sits at...

New Life Expectancy Data Reveals Surprising Impact on Retirement Plans

What’s Changed About Life Expectancy—and Why It Matters People are living longer nowadays. According to the Centers for Disease Control and Prevention (CDC), the average life expectancy was 75.8 years for males, 81.1 years for females, and the average for both sexes is 78.4 years in 2023.1 But these averages don’t tell the whole story. Medical advances mean more people are living into their late 80s and 90s than ever before.2 A longer life means more years in retirement, and that shift...

Report: UK pensions could sell up to £8bn on secondaries market in the next year

UK defined benefit pension schemes are increasingly looking to sell on the secondaries market with new research showing they could sell up to £8 billion ($11 billion; €9.2 billion) of illiquid assets. UK DB pensions could sell between £4 billion-£8 billion of illiquid assets over the next 12 months, according to the Illiquid Assets Report 2025 published by according to a joint report from pension-focused secondaries trading platform MeltX and UK pensions research and events company Mallowstreet. The report surveyed 42 advisers...

Canada’s second-largest pension fund axes future DP World deals over Epstein revelations

Canada’s second-largest pension fund is suspending future investment plans with Dubai logistics giant DP World over ties between its CEO and Jeffrey Epstein, Bloomberg reported. A spokesperson for Caisse de Depot et Placement du Quebec said in a statement: “We have made it clear to the company that we expect it to shed light on the situation and take the necessary actions. Until then, we are pausing additional capital deployment alongside the company.” It follows revelations that Sultan Ahmed bin Sulayem,...

As China Ages, a Pension Crisis Looms

On October 23, 2025, the Fourth Plenary Session of the 20th Chinese Communist Party Central Committee concluded with approval of the 15th Five-Year Plan, covering the period from 2026 to 2030. Chinese leaders have described this plan as a “crucial link” in the country’s long-term goal of achieving fundamental modernization by 2035. Yet beneath these ambitions lies a structural challenge that threatens to erode many of its gains. Amid rapid economic growth and ambitions for a highly modernized industrial system,...

Navigating the DB Pension Endgame: Lessons from Global Leaders

Aging populations and falling birth rates are placing mounting pressure on pension systems worldwide. In Europe alone, the dependency ratio is expected to climb sharply over the next two decades, threatening retirement adequacy and prompting governments to raise pension ages and reduce benefits. At the same time, global retirement systems are transitioning toward defined contribution pension strategies, leaving defined benefit (DB) plans to increasingly operate as legacy arrangements. Regulatory reforms are also sweeping across markets, often centralizing governance, accelerating consolidation...

US. Older people power a gray-shaped economy

Forget K-shaped, try gray-shaped: Older Americans are powering the economy. Why it matters: The changing demographics in the U.S. — more old people, fewer young ones — are reshaping jobs and spending in all kinds of ways. The latest: Nearly all of the job growth in January came from the health care and social assistance sectors, per the BLS data out Wednesday. Health care employment also drove much of the labor market growth last year. How it works: "As the population ages, you need more doctors and nurses, but you also...

WTW Sees Nearly $100B UK Pension Risk Transfer Market in 2026

The U.K. pension risk transfer market—driven by plan asset surpluses—is expected to continue its growth trajectory this year, according to WTW’s annual “De-Risking Report.” The firm forecast the U.K. PRT market to reach more than 70 billion pounds ($95 billion) this year, an approximate 15% increase from last year. WTW expects the bulk annuity market to exceed 50 billion pounds, while longevity swaps—which transfer the longevity risk of plans, based on their members, to insurers—are expected to exceed 20 billion pounds in activity. “The risk transfer market is entering 2026 with strong momentum,” said Gemma Millington, WTW’s senior...

Global pension assets rise by nearly 10%, reaching new high

Rising by 9.6% year-on-year, global pensions assets reached a record USD 68.3 trillion in 2025 as defined contribution (DC) savings continued to drive growth, according to the Thinking Ahead Institute’s (TAI) latest Global Pension Assets Study. 2025 showed sustained recovery across global markets with strong investor sentiment and relatively contained volatility, culminating in the creation of USD 6.0 trillion of pension asset value. Of the top seven global pensions markets – Australia, Canada, Japan, Netherlands, Switzerland, UK, US – DC now forms...