September 2026
04Sep

Pensions 2050: Evidence and future priorities

By Jack Jones The second Pension Commission’s interim report provides a clear and urgent call to action. It describes a system in which, although participation rates in workplace pensions have doubled due to auto-enrolment, up to 19 million working age people are not on track to meet the retirement income targets set by the first Pension Commission. The triple locked flat-rate State Pension provides a firm foundation on which retirement incomes are built, and auto-enrolment has more than doubled the numbers...

September 4, 2026
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August 2026
27Aug

80% of Americans Say U.S. Faces Retirement Crisis Amid Affordability Pressures and Debt; Americans Wary of AI Financial Advice and Crypto in Retirement Plans

As affordability pressures squeeze household budgets, Americans increasingly fear they will not be financially secure in retirement, while also expressing caution about artificial intelligence and cryptocurrency in retirement planning, according to new research from the National Institute on Retirement Security (NIRS). The new report, Retirement Insecurity 2026: Americans' Views of Retirement, finds that 80 percent of Americans say the nation faces a retirement crisis, up sharply from 67 percent in 2020. Additionally, more than six in ten Americans (61 percent)...

August 27, 2026
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24Aug

Cyprus. Pension reform to bring increases for all retirees, minister says

All pensioners will receive increases under the government’s planned pension reform, with those on lower pensions set to benefit the most, Labour Minister Marinos Mousiouttas said on Sunday. In interviews with newspapers Phileleftheros and Kathimerini, Mousiouttas said the reform – the first major overhaul of the system since 1980 – was intended to create a fairer, more modern and sustainable pension system. Increases will be calculated according to factors including the number of years worked and contributions paid, with proportionally greater...

August 24, 2026
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21Aug

Being single in retirement – a key issue for the Pensions Commission?

By LCP The paper considers whether pensions policy is keeping pace with these changes and explores different approaches for the Pensions Commission to consider. These include strengthening pension saving for lower-earning partners, reviewing pension-sharing arrangements following the breakdown of cohabiting relationships, assessing the impact of no-fault divorce reforms, and exploring whether joint-life annuities should become the default. Get the report here

August 21, 2026
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20Aug

Nigeria. Military pensioners protest in Abuja over benefit adjustments

Scores of retired military personnel on Wednesday protested in Abuja over the alleged non-implementation of consequential adjustments to their pensions following salary increases approved for serving military personnel. The pensioners gathered at an open field in Area 10, Garki, near the Ministry of Defence, carrying placards with various inscriptions urging the Federal Government to implement outstanding salary adjustments in their pensions. The protest triggered the deployment of security personnel, including soldiers, police and operatives of the Nigeria Security and Civil Defence...

August 20, 2026
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18Aug

UK. ​Single pensioners drive rise in retirement poverty, LCP finds

The consultancy said the overall pensioner poverty rate, measured on a consistent basis, rose from 15.7% in 2012-13 to 18.6% in 2023-24. Poverty among pensioner couples has remained relatively flat over the period, but rates have climbed sharply among single pensioners, particularly those who are divorced or have never married. More recent corrected figures from the Department for Work and Pensions, which are not yet available as a long-term series, put the poverty rate among single pensioners at 19.8% in...

August 18, 2026
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17Aug

Japan’s inflation paradox is creating winners and losers. Pensioners are the second

In the coastal city of Murakami, the 72-year-old widow relies on a monthly pension of ¥110,000 ($671). In April kerosene costs alone ate up more than a third of her budget, because of the Iran war. “When I don’t have money, I just have to put up with it because I have no other choice,” she says. With many senior citizens facing a similar situation in her community, Murakami passed a petition in December, urging Prime Minister Sanae Takaichi to...

August 17, 2026
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12Aug

UK. Retirement adequacy increasingly a business planning risk

In its latest paper, Retirement adequacy: identifying future risks in your workforce, the firm highlights how financial stress, changing retirement behaviours and an ageing workforce can affect employee productivity, absenteeism and workforce planning. The paper argues that retirement adequacy is no longer just a pensions issue, but a business challenge that employers need to understand and actively manage. Employers need to understand where adequacy risks exist within their workforce and take action now, before those challenges become harder and...

August 12, 2026
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12Aug

US. NYC Aging Releases “What the Data Demands” Report on Affordability, Highlighting Economic Challenges Facing Older New Yorkers

The NYC Department for the Aging (NYC Aging) today released What the Data Demands: Findings from Older New Yorkers’ Financial Security, the latest issue paper in a series building on findings from The State of Older New Yorkers, which provides an in-depth examination of the affordability challenges confronting older New Yorkers, including financial insecurity, food insecurity, housing instability, and employment barriers. Drawing on responses from nearly 9,000 older New Yorkers who participated in the City's comprehensive Service Needs Assessment, the...

August 12, 2026
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06Aug

China. Private pen­sion sys­tem seen in need of upgrade

How much sav­ings does a per­son in China need for retire­ment? A report released by Sun Life Fin­an­cial Inc, based on a quant­it­at­ive sur­vey of 3,201 respond­ents and more than 20 expert inter­views, found that 65 per­cent of respond­ents believe 1 mil­lion yuan ($148,200) is suf­fi­cient. However, the report estim­ates that a retiree spend­ing an aver­age of 5,000 yuan per month over a 30-year retire­ment would need at least 1.8 mil­lion yuan, assum­ing no infla­tion. Data released by the National...

August 6, 2026
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