April 2026

Pension Adecuacy – June 2025

By Hargreaves Lansdown To provide insights into the nation's retirement resilience, the Hargreaves Lansdown Savings and Resilience Barometer includes the Pension Value indicator. This indicator evaluates the expected financial resilience of households in retirement. It does this by comparing their current pension savings against the level of saving needed to achieve a benchmark income in retirement. The Pension Value indicator is currently underpinned by the Pension and Lifetime Saving Association’s (PLSA) moderate living standard in retirement benchmark. However, there are a...

March 2026

Hong Kong Considers 33% MPF Contribution Hike To Match Rising Cost Of Living

Earlier this month, the Mandatory Provident Fund Schemes Authority ("MPFA") announced that it is reviewing the maximum and minimum income levels for MPF contributions, which have remained the same for the last 13 years. The review follows consultation with over 30 stakeholder groups, including labour organisations, chambers of commerce, employer representatives and professional bodies. A review report is expected to be submitted to the government by mid-2026. According to the Federation of Hong Kong Industries, one of the city's largest...

Mexico, how are we doing on retirement savings?

By México, ¿cómo vamos? Mexico is a country where half of the population is under 35 years old, 8 out of 10 people use the internet, and almost all of them connect through their cell phones. It's no surprise that the use of digital accounts has tripled in the last three years, opening up unprecedented potential for savings within the financial system. However, 54-5% of the employed population works in the informal sector, without access to social security or automatic...

German pensions to rise by 4,24 percent in July

The German government has announced that statutory pension payments will increase by 4,24 percent from July 1, 2026. The increase, which will benefit around 21 million pensioners in Germany, is slightly higher than a prognosis increase issued in the autumn. According to the Federal Labour Ministry, this will increase the current pension value (aktueller Rentenwert) from 40,79 euros to 42,52 euros. Why is this figure significant? The German pension system is points-based. A year’s contributions at the average earnings of all contributors earns you one “pension point”...

February 2026

UK. Industry urged to ‘break cycle of failed ideas’ on pensions adequacy

The pensions industry risks “sleepwalking into another generation of under-saving” unless it experiments with new approaches to member engagement, People's Pension has warned. The master trust argued that traditional, well-intentioned efforts to boost pensions adequacy had delivered limited success in recent years and called on the industry to support bolder, more innovative engagement strategies. In particular, the scheme urged greater focus on Generation Z, which it identified as the cohort most likely to opt out of pensions but with the longest...

US. Investors First: The New Rules of Retirement

Kunal Kapoor: Good afternoon everybody, and welcome to the latest episode of our Investors First series. Today, we are going to talk about the new rules of retirement planning, and I’m thrilled to welcome two of my colleagues and friends here to join me today: Brock Johnson, who leads Morningstar’s retirement business, and Christine Benz, who’s our director of personal finance and retirement planning. Welcome, both of you. Great to have you here at a moment when it feels...

January 2026

India. Central Government approves wage and pension hikes for PSGICs, NABARD and RBI

The Central Government has officially approved wage and pension revisions for employees and retirees of Public Sector General Insurance Companies (PSGICs), the National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI). This decision is expected to benefit approximately 46,322 employees and over 46,000 pensioners and family pensioners across these institutions. According to the government, the move 'reflects Government's continued commitment and emphasis on social security and financial well-being of employees and pensioners.' For those working...

Underpensioned: Analysis of Pensions Wealth data

By Pensions Policy Institute This Technical Report provides details of analysis undertaken for now:pensions as part of the Underpensioned Series of reports. John Adams, Senior Policy Analyst, at the Pensions Policy Institute (PPI), carried out the modelling and produced this report published in November 2025. The PPI is grateful for the input from Samantha Gould of now: pensions, in the production of this paper. Editing decisions remains with the author, who takes responsibility for any remaining errors or omissions. Sponsorship...

December 2025

US. Research Finds Slowdown in Spending During Retirement

Retirement spending is dynamic, with 60% of new retirees seeing their annual expenses fluctuate by more than 20% in the first three years, according to the J.P. Morgan Asset Management report, “Retirement by the Numbers.” “This means that compared to periods just before retirement, they see a 20% jump—up or down—in their annual spending compared to that baseline right before they retire,” Michael Conrath, J.P. Morgan Asset Management’s chief retirement strategist wrote in an email. Older retirees, aged 75 to 80,...

Dignity in Retirement: A Call for Pension Justice in Ghana

In Ghana today, pensioners face indignity in retirement: no cost-of-living allowance, no inflation-indexed increases, and shrinking benefits that erode their livelihoods. Meanwhile, executives enjoy perks while elders struggle to survive. This injustice demands urgent reform. To restore dignity and align with international social security standards, Act 766 must be amended without delay. Pension justice is not charity — it is a right, and Ghana must rise to meet it. The Crisis of Pensioner Welfare Retirement should be a season of dignity,...