August 2026

UK. Logged in, checked out: The user experience problem pensions won’t face

The average pension app is a decade behind the average banking app. Until that changes, engagement is structurally impossible, argues PensionPay’s Archie Pritchett. Open a workplace pension app on a Monday morning – if you even have one – and in 30 seconds you can see a balance updated several weeks ago, a projection figure with no explanation attached, and a ‘change contributions’ page that ends with the words “please contact your employer”. Open a banking app, and in 30 seconds...

July 2026

U.S. pension risk transfer costs decrease slightly in June: report

U.S. pension plan sponsors’ derisking costs decreased from 99.7 per cent to 99.6 per cent of accounting liabilities in June, according to a new report by Milliman Inc. It found the average annuity purchase cost across all insurers increased from 102.5 per cent to 102.6 per cent during the month. As of June 30, the competitive bidding process was estimated to save plan sponsors about three per cent on pension risk transfer buyout costs. “Competitive buyout costs remained below 100 per...

Population Aging Is Here. Immigration Can Offer Half an Answer.

Population aging has become a defining challenge of our time and is galloping ahead faster than predicted. In China, births have now fallen to levels not seen since 1949. But many countries are getting old before they grow rich: Comparable declines are being seen in Latin America, the Middle East, and North Africa. A shrinking workforce means less money to go around and increasing difficulties shouldering the costs of covering health care and pensions for retirees. In many fast-aging, wealthier...

December 2025

Cananea Mine Strike Ends After 18 Years, Agreement Reached

After nearly two decades, the labor conflict at the Cananea mine has come to an end, as miners from Section 65 of Mexico’s National Miners’ Union unanimously approved a final agreement providing long-awaited compensation, access to social security and pensions, and a comprehensive resolution for more than 650 workers and their families. According to Section 65, the assembly unanimously endorsed the agreement, which followed negotiations involving the union, the federal government, the Ministry of the Interior, the Ministry of Labor and...

May 2025

Canada’s top pension fund drops net-zero emissions target

Pension and climate activist group Shift on Wednesday criticized Canada's top pension's plan to abandon its net-zero greenhouse gas emissions by 2050 commitment. The Canada Pension Plan Investment Board (CPP Investments), which manages C$714.4 billion ($516.93 billion) in assets, said it planned to abandon the commitment announced in February 2022 to make its operations and investment portfolio align with the goal. Shift said the change, covered in the FAQ section of its website, was made on Wednesday but Reuters could not...

UK. Starmer announces U-turn on winter fuel payment cuts

Sir Keir Starmer has announced plans to ease cuts to winter fuel payments, in a U-turn following mounting political pressure in recent weeks. More than 10 million pensioners lost out on the payments, worth up to £300, when the pension top-up became means-tested last year. Speaking at Prime Minister's Questions, Sir Keir said ministers would change the threshold to allow "more pensioners" to qualify again. But it remains unclear how many will regain their entitlement for the payments, or when the changes...

The Dual Burden of Housing and Care for Older Adults

As the first baby boomers turn 80 in the coming decade, a growing number of older households will face challenges paying for both housing and the supports and services they will need to remain in their homes. In a new paper out this week, we find that after paying for housing and basic living expenses, only 24 percent of single and partner households age 75 and over had sufficient income to afford a daily paid visit from a home health...

Morningstar study on long-term care costs gets pushback from think tank

A new Morningstar report warns that long-term care expenses could dramatically undermine the financial readiness of American retirees. But the study’s conclusions are facing pushback from a Washington-based policy expert, who argues the analysis exaggerates households' actual exposure to those costs. In "The Overlooked Cost: How Long-Term Services and Supports Impacts Retirement-Income Adequacy," Morningstar researchers Spencer Look and Jack VanDerhei used a proprietary model to simulate the retirement outcomes of American households under two conditions: one that includes long-term services and...

US. Opinion: How good will your retirement be? Depends on where you live.

Geography is destiny, the saying goes, but money redraws the map. It’s certainly true with the U.S. economy, where the bulk of GDP is generated in urban, coastal areas. It’s also true, says a new study, for just how financially well off our retirement may be. This shouldn’t come as a surprise. Urban areas, says a recent Brookings Institution study, outperform rural ones in metrics like GDP per capita, job creation and wage growth; it stands to reason then that benefits, including...

Donald Trump considers order to open US retirement plans to private equity

Donald Trump’s administration is debating an executive order that could open the nearly $9tn US retirement market to private capital groups focused on corporate takeovers, property and other high-octane deals. The order would instruct agencies such as the departments of labour and Treasury and the Securities and Exchange Commission to study the feasibility of opening 401k plans, a primary vehicle for US retirement savings, to the private funds, according to four sources familiar with the talks. Trump opened the door for...