June 2026
01Jun

UK. Around one in eight young adults feel pension engagement is ‘pointless’

Around one in eight (12 per cent) young adults, equivalent to approximately 2.2 million people, feel engaging with their pension is pointless because they will never be able to retire, research from People’s Pension has shown. It described this group as ‘Nerds’ – the Never Ever Retiring Demographic – and warned the industry was failing to connect with them. The research found that 47 per cent of young adults aged 18 to 27 were not engaged with their pension, and 12...

June 1, 2026
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April 2026
29Apr

Gambling for Retirement: The Economics of Savings Lotteries

By Jared Gars, Justin Holz, Rodemeier & Juan Miguel Villa Governments frequently use lottery-like incentives to encourage socially desirable behavior ("Pigouvian lotteries"). We study lotteries that encourage retirement savings in a nationwide field experiment with over 380,000 participants in Colombia's public pension system. Lotteries increase savings during the qualification period, but this effect is almost entirely offset by subsequent declines in savings, as workers strategically shift the timing of deposits. Lotteries also crowd out demand for valuable life and disability...

April 29, 2026
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17Apr

Opt-in or Opt-out? The Power of Defaults in Pension Enrollment Choices

By Tabea Bucher-Koenen, Luisa Wallossek & Joachim Winter Default settings strongly increase pension enrollment, especially when savings incentives are high and choices are complex. We show that the effect is weaker when incentives are low, options are simple, and opting out is easy. We study the nationwide introduction of auto-enrollment for lowincome employees in Germany's public pay-as-you-go pension system. We find that automatic enrollment raises participation by 23 percentage points, though most individuals actively opt out. Linking administrative and survey data...

April 17, 2026
Articles, Pension design, , , ,
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10Apr

Communicating for action: Rewriting the social security engagement

By ISSA Social security institutions are shifting from traditional outreach into establishing leveraging communication tools and approaches that drives action from individuals. Through multi-pronged strategies they are engaging with individuals and creating meaningful connections that empower people to understand their rights, navigate services confidently, build trust and actively engage with social protection systems. Empowering individuals to know about and claim social security benefits and services is as much a delivery challenge as it is a communication one. People may have limited...

April 10, 2026
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10Apr

Opt-in or Opt-out? The Power of Defaults in Pension Enrollment Choices

By Tabea Bucher-Koenen, Luisa Wallossek & Joachim K. Winter Default settings strongly increase pension enrollment, especially when savings incentives are high and choices are complex. We show that the effect is weaker when incentives are low, options are simple, and opting out is easy. We study the nationwide introduction of auto-enrollment for low-income employees in Germany's public pay-as-you-go pension system. We find that automatic enrollment raises participation by 23 percentage points, though most individuals actively opt out. Linking administrative and...

April 10, 2026
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08Apr

South Africa. Pension funds and administrators could face summons for ignoring complaints

Retirement funds and administrators have been put on notice by the Pension Funds Adjudicator (PFA) on the back of concerns about a failure to respond to complaints by members. Adjudicator Lebogang Mogashoa says there remains a high number of incidents of retirement funds and administrators not cooperating with the office’s investigation processes. This includes not responding to complaints lodged (timeously or at all), requesting many extensions to respond, and filing responses that don’t comprehensively address the substance of the complaint. After seeking...

April 8, 2026
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06Apr

AI gaining foothold with younger savings plan members, email remains preferred communications tool: survey

More than half (56 per cent) of plan members say email is the most effective way to communicate with them about their savings plans, according to Benefits Canada’s 2026 Employee Savings Survey. The survey, which polled 500 Canadian plan members, found traditional mail (18 per cent) was a distant second preferred communications tool, followed by an insurance company website (17 per cent) and a financial advisor meeting arranged by an insurance company (14 per cent). During a webinar discussing the survey’s results, Jimmy...

April 6, 2026
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March 2026
26Mar

Why Kenya needs a one-stop pension dashboard now

The Retirement Benefits Authority (RBA) data shows that 7.5 million Kenyans are actively saving for retirement, with many contributing to multiple pension schemes through employer-sponsored schemes, Government-backed schemes or individual pension schemes. Keeping track of projected benefits, contribution history, and fund performance across different schemes can be challenging for these members. Without a centralised view, managing retirement savings requires navigating different platforms, statements and customer service portals. The global pensions landscape is changing and offering solutions to savers on multiple retirement...

March 26, 2026
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24Mar

UK. Modern pensions policy has to move beyond ‘simple paternalism’

The pensions industry must prepare for a fundamental shift in saver behaviour driven by technology, Financial Conduct Authority (FCA) chief executive, Nikhil Rathi, has said, warning that policy must move beyond “simple paternalism” as engagement increases. Speaking at the J.P. Morgan Pensions and Savings Symposium 2026, Rathi said that forthcoming pensions dashboards and digital tools could significantly alter how consumers interact with their retirement savings. “Modern pensions policy has to move beyond that kind of simple paternalism,” he stated, arguing that...

March 24, 2026
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11Mar

Consar se une a la Global Money Week México 2026

Cada año, el mundo se une a la Global Money Week, Semana Mundial del Dinero (GMW), una iniciativa promovida por la Organización para la Cooperación y el Desarrollo Económico (OCDE), que se ha consolidado como una de las campañas más importantes de educación financiera a escala global. Este 2026, se celebrará la decimocuarta edición con el objetivo de fortalecer las habilidades financieras de niños, jóvenes y adultos. La iniciativa de este año tiene el lema: "Habla de dinero, es de buena educación",...

March 11, 2026
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