News Archives - Page 9 of 949 - Pension Policy International

26MayMay 26, 2026

Spain. Pension spending marks a new high of 14,366 million in May, 6.1% more year-on-year

Social Security has allocated in this month of May a historic disbursement of 14,365.8 million euros to pay the ordinary payroll of contributory pensions, which represents an increase of 6.1% compared to the same period in 2025, as communicated this Tuesday by the Ministry of Inclusion, Social Security and Migrations. This payroll incorporates the revaluation of pensions approved by the Government for 2026. In general, the increase applied is 2.7%, in line with the average CPI recorded between December 2024...

May 26, 2026

NewsPension Reform, Public spending, Social Security, Spain

26MayMay 26, 2026

Lithuania’s Second-Pillar Exits Expose Pension Saving Gap

About 40 percent of participants in Lithuania’s second-pillar pension saving system left the scheme in the first quarter of 2026. The figure does not by itself show that residents have given up on preparing for retirement, but it raises a practical question: will the returned money become part of a long-term plan, or be absorbed into short-term spending? This international adaptation is based on a BNS-published comment by Giedrius Rimša, president of the Lithuanian Life Insurance Companies Association, and survey...

May 26, 2026

NewsLithuania, Pension Reform, savings

25MayMay 25, 2026

US. Aging in place comes with major financial hurdles

More than 75% of older Americans say they want to “age in place,” or live in their home for as long as possible. Sounds reasonable. But 40% have doubts about whether that's possible, according to a survey by AARP. For many, financial constraints will force them to downsize, relocate to a less expensive city or state or move in with family or into an independent retirement or assisted living community. Money issues such as the cost of age-proofing a home, the...

May 25, 2026

NewsAging, Income, Inflation, US

25MayMay 25, 2026

Allianz Retiree Study Puts Longevity Fears And Inflation At Center Stage

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Allianz (XTRA:ALV) has released new research on retiree financial well-being. The study finds many retirees are more worried about outliving their savings than about mortality. Inflation and rising healthcare costs are highlighted as key drivers of growing financial anxiety. For you as an investor, this research speaks directly to Allianz's core business in insurance and retirement solutions. The findings spotlight how inflation...

May 25, 2026

NewsInvestment, Retirement Planning

25MayMay 25, 2026

UK Pensioners Suffer Heavy Tax Losses as 462,000 Rush to Withdraw Savings

Hundreds of thousands of British retirees are inadvertently surrendering significant portions of their life savings to HM Revenue and Customs, as an unprecedented rush to withdraw pension cash exposes catastrophic flaws in national retirement guidance. Startling data published annually by the Financial Conduct Authority reveals a 29 percent surge in the number of individuals cashing out their entire pension pots. Driven by unrelenting cost-of-living pressures and highly restrictive legacy financial products, retirees are triggering massive, entirely avoidable tax liabilities that...

May 25, 2026

NewsTaxation, UK, Withdrawals

25MayMay 25, 2026

Germany. GOVT reportedly mulls change to retirement age

claims it saw a draft proposal by the government to increase the age of retirement by three years Chancellor Merz has proposed that Ukraine become an 'associate' member of the European Union Politicians have been reacting to a report from German tabloid Bild that the government of Chancellor Friedrich Merz is planning to raise the age of retirement from 67 to 70 years old. According to the report, the age will be raised to 68 in the 2040s, 69 in the 2050s, before...

May 25, 2026

NewsGermany, Retirement Age

22MayMay 22, 2026

UK Pensions | The Mansion House agenda: a legislative turning point

When we last examined the Mansion House agenda in January (see here), we noted the tension between voluntary commitments to UK and alternative asset investments and the trade-offs inevitably involved when changing investment strategy. In the background there loomed the prospect of a sweeping reserve power in the Pension Schemes Bill, by which the Government could mandate investments in certain assets (commonly referred to as the “mandation” power). Things have now moved on. The Bill is now the Pension Schemes Act...

May 22, 2026

NewsRegulation, UK

22MayMay 22, 2026

Canadian pension fund crosses $793 billion as it weathers geopolitical storm

Canada's retirement giant posts 7.8% return for fiscal 2026, beating long-term sustainability targets as contribution rate cut looms. Canada's largest pension fund closed its fiscal year with net assets of $793.3 billion, adding nearly $79 billion over the course of twelve months despite navigating a turbulent global environment defined by currency volatility, shifting central bank expectations and a late-year equity selloff driven by Middle East conflict. CPP Investments ended the fiscal year on March 31, 2026, up from $714.4 billion a...

May 22, 2026

NewsCanada, Investment, Pension Management

22MayMay 22, 2026

Low female employment and informality threaten Morocco’s social protection goals

Morocco’s low female labor participation, widespread informal employment, and rapidly aging population are putting growing pressure on the sustainability of pensions and social protection systems, according to a new HCP report. The study argues that extending social coverage alone will not be enough without deeper reforms aimed at expanding formal employment and increasing women’s participation in the economy. Low female participation in the labor market, the persistence of informal employment, and rapid demographic aging are putting increasing pressure on Morocco’s...

May 22, 2026

NewsGender Gap, Labor Market, Morocco

21MayMay 21, 2026

Why millions of Britons face a pension cliff edge

In today’s newsletter: A new report warns that many in the UK are under-saving for later life, leaving some with little choice but to work longer. Good morning. I am going to whisper this gently so you don’t get spooked back under the duvet – there is a good chance that you are one of at least 15 million Britons not saving adequately for retirement. That is according to a report published this week by the Pensions Commission. The pensions “cliff edge” is...

May 21, 2026

NewsAdequacy, Pension design, savings, UK

May 2026