By National Audit Office Pensions dashboards are intended to allow people to view information about their pensions – including their State Pension – online, securely and in one place. The Department for Work & Pensions (DWP) expects that pensions dashboards will deliver significant benefits by supporting people to plan better for retirement, make more informed financial decisions and connect with ‘lost’ pension pots. Get the report here
By Zhuoer Lin, Justin Ye, Heather Allore, Thomas M. Gill & Xi Chen Given the critical role of neurocognitive development in early life, this study assesses how racial differences in early-life circumstances are collectively and individually associated with racial disparities in late-life cognition. Leveraging uniquely rich information on life history from the U.S. Health and Retirement Study for non-Hispanic White (White) and non-Hispanic Black (Black) Americans 50 years or older, we employ the Blinder-Oaxaca method to decompose racial gaps in...
By Hans van Meerten The book is an extensive examination of the intersection between EU consumer protection laws and the Dutch pension system, particularly in light of the transition to a new pension regime. It contains lessons for a new EU consumer regime vs pension products. The Dutch reform is taken a a case study. The document advocates for a comprehensive review of the Dutch pension system and its alignment with EU consumer protection laws. It suggests that while the Dutch pension...
By Goldman Sachs Plotting a path through the Financial Vortex is essential for an employee’s retirement journey and can be achieved with help from their employer. There is no defined path or solution that solves retirement for all individuals, yet the challenge of retirement saving presents employers with an opportunity to provide employees more integrated, personalized, effective solutions to help their retirement goals. Get the report here
By International Social Security Association Europe has historically been home to some of the most advanced social security systems in the world. Many countries in the region provide comprehensive, adequate protection against common life cycle and labour market risks for the vast majority of the population. Widespread protection of individuals over the life course enables social security systems to play a key role in ensuring economic and social stability in the face of large-scale shocks. Despite these broad protections, notable...
By Boele Bonthuis In recent years the Mexican pension system has changed significantly. In 2019 the existing means-tested social pension was made universal – covering everyone over the age of 65 – and the benefit level increased. In 2020, the main regime of the private sector was substantially reformed, increasing contribution rates for the funded defined contribution system, lowering the minimum years of contributions needed to receive an earnings-related pension, and increasing minimum pensions. This paper tries to assess the...
By Trafalgar House The Trust & Confidence Index gauges the trust and confidence levels of more than 2,000 individuals annually, serving as a benchmark for the public's perception of the pensions industry. The index assesses the pensions sector against other financial services, identifies factors influencing trust levels, and determines which service areas people consider significant. Additionally, the analysis probes individuals' attitudes toward their retirement decisions and plans. Get the report here
By Valbona Cinaj The pension system faces many problems and challenges. Social security in general is the system of social protection in Albania, as in other countries, is influenced by the country's economic power, labor market developments, demographic situation, employment situation and unemployment, GDP growth, macroeconomic stability, etc. These indicators will serve not only as a starting point for the analysis of the system, achievements, and problems, but also the level of these indicators will serve as a starting point...
By Dan Doonan & Kelly Kenneally T he ground is shifting when it comes to retirement. Most Americans are experiencing increased financial pressures "I am scared to be broke." Dream. Eighty-three percent of Americans say that all workers should have a pension so they can be and low levels of retirement savings. Amid growing concerns about Americans’ retirement readiness, policymakers recently enacted measures to help address the grave savings shortfall. On the federal level, Congress passed important retirement legislation in...
By Zorast Wadia, Alan H. Perry & Richard J. Botelli Jr The 2023 edition of the Milliman Corporate Pension Funding Study (PFS) is our 23rd annual analysis of the financial disclosures of the 100 U.S. public companies sponsoring the largest defined benefit (DB) pension plans. These 100 companies are ranked highest to lowest by the value of their pension assets as of the end of fiscal year (FY) 2022. These values have been reported to the public, to shareholders, and to...
