April 2025

The New Baby Boom: How the White House is looking to jumpstart the nation’s birth rate

The Trump administration is reportedly fielding ideas for how to increase the declining U.S. birth rate, a longtime priority of White House figures like Vice President JD Vance and Elon Musk. Since 1990 the U.S. total fertility rate has declined from 2.1 births per woman – enough to fully replace the current population – to 1.62 births per woman in 2023, below the replacement level, according to a March report from the U.S. Centers for Disease Control, part of a larger decline in birth rates in wealthy peer countries. Experts point...

Spain. AIReF’s evaluation of the pension reform: first match ball saved, but with big challenges on the horizon

At the end of March, the Independent Authority for Fiscal Responsibility (AIReF) published its estimate, as was its mandate, of the average impact during the period 2022-2050 of the new revenue measures introduced as part of the pension reforms and other economic measures implemented since 2020 in order to fund the pension system.1 This estimate was the last missing piece needed to determine whether the expenditure rule previously agreed between the government and the European Commission within the framework of the...

‘Will Britain’s state pension still exist when I retire in 30 years?’

The debate over the state pension – such as what should happen to the triple lock – seems to entirely focus on people who are in receipt of it, or will be soon. However, it ignores people like me who are in their 30s and have no idea what it might be worth when we finally reach retirement, or when we might get it. Is there any certainty at all about whether the state pension will still exist in 30 years, or should...

Insurers and pensions fill infrastructure lending gap: AllianzGI

The volume of debt being taken up by institutional investors has steadily grown. Insurers and pension providers are plugging the lending gap for infrastructure projects, which commercial banks have been shunning for more than a decade because of a stricter regulatory framework that discourages them from holding longer-tenor loans. “The 2008 global financial crisis significantly changed the infrastructure debt market, which previously relied on commercial banks for about 90% of private infrastructure debt,” Claus Fintzen, chief investment officer for Infrastructure Debt at Allianz...

Survey reveals thoughts on Americans’ ideal retirement age

When is the best time to retire? It depends on who is answering the question, but that answer gives food for thought for senior housing developers and providers creating and renovating spaces for older adults. In recently published results of a survey of Americans, the answer, on average, was 61.8 years — more than five years before a current 61.8-year-old would be able to collect full Social Security and more than three years before that person would be eligible for...

UK. TPR turns to AI in effort to detect scammers but government can do more to help

Tom Selby, director of public policy at AJ Bell, comments on The Pensions Regulator (TPR) and Pension Scams Action Group (PSAG) adopting the use of AI to detect scam websites: “Stopping pension scammers is a perpetual game of whack-a-mole. Whenever one scam is shut down another soon starts up in its place. That means it is vital that regulators and bodies like Action Fraud use every tool at their disposal to fend off scams as they emerge, closing down fraudulent...

A Silent Crisis: Rising Occupational Deaths and Diseases in Iran’s Workforce

Recent data from Iran’s Forensic Medicine Organization reveals a troubling surge in workplace fatalities, with at least 1,900 people losing their lives in occupational accidents in the past year. This figure is nearly four times higher than the 455 deaths reported by the Social Security Organization for 2022, exposing a stark discrepancy between official agencies and raising serious concerns about the accuracy of government statistics and the effectiveness of occupational safety monitoring in Iran. The Social Security Organization’s data is based...

2025 ‘key year’ for pension schemes considering their endgame strategy

Following recent regulatory and market developments, 2025 represents an important year for schemes reviewing their endgame strategy, Aon has suggested. Withsignificant improvements in funding for defined benefit pension schemes over the last two years, many sponsoring employers and trustee boards have already reconsidered their scheme’s endgame, the firm claimed. However, it said the rest of the year represented an important period for schemes that have yet to commit to a particular approach. “There are several factors at play,” explained Aon associate partner and...

FSD Africa Commits GBP 10 M In ARM-Harith To Tap Nigeria’s Pension Power For Climate Equity

FSD Africa Investments (FSDAi), a UK-backed specialist development finance investor, has announced a GBP 10 M (USD 13.2 M) commitment into Lagos-based private equity firm ARM-Harith Infrastructure Investment Limited to unlock local institutional capital—specifically local pension funds—for climate infrastructure development. The investment, directed into ARM-Harith’s Climate and Transition Infrastructure Fund (ACT Fund), isn’t just another capital injection; it’s a bold attempt to solve a problem that’s kept billions in local pension assets parked on the sidelines. For years, Nigerian pension funds have been hesitant...

US. Millenials are the most educated generation…yet the most broke

Millennials, born between 1981 and 1996, hold more college degrees than any previous generation in U.S. history. Roughly 40% have earned at least a bachelor's degree. But despite their academic achievements, many are confronting a harsh economic reality: they're significantly behind previous generations when it comes to wealth building and financial security. According to a report from the Federal Reserve, millennials earn about 20% less than baby boomers did at the same stage in life. In 2013, the median income for a...