October 2026
29Oct

UK. CDC income uplift figures risk ‘oversimplifying’ retirement outcomes

Headline income uplifts from collective defined contribution (CDC) pension schemes risk oversimplifying potential benefits for members, as factors such as income certainty, flexibility and inheritance also need to be considered, Hymans Robertson has warned. In its latest paper, How much?! Looking beyond headline CDC uplifts, the consultancy argued that focusing on a single uplift figure could give a misleading picture of CDC's value compared with other retirement options, such as annuities and drawdown. The research suggested that CDC could deliver an...

October 29, 2026
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28Oct

UK. Healey to shield low-income pensioners from income tax in the Budget

Pensioners on low incomes will be shielded from income tax by Chancellor John Healey in his first Budget on Wednesday. The full, flat-rate state pension is expected to increase by 3.9% to £13,036.40 a year from April. This would take the payment above the £12,570 personal tax allowance and therefore be liable for income tax if no changes are made. The government had already committed to not taxing people who only get an income from the state pension. Healey will explain...

October 28, 2026
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23Oct

Australia. Former Governor’s massive pension revealed

South Australia’s former Governor, Her Excellency the Honourable Frances Adamson AC, will receive a pension of $159,024 every year for the rest of her life, InDaily can reveal. The pension was signed off by SA Treasurer Tom Koutsantonis on October 16 and appeared in Thursday’s Government Gazette. “I, the Hon. Tom Koutsantonis MP, Treasurer of South Australia (the “Treasurer”), pursuant to Sections 3 and 4 of the Governors’ Pensions Act 1976, hereby provide for and authorise the payment of an annual...

October 23, 2026
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22Oct

The hidden cost of retirement: when pensioners become the family safety net

Instead of using their retirement income solely to secure their own futures, many are stepping in to cover financial emergencies, education costs and struggling household budgets. While this support can strengthen family resilience, it also raises difficult questions about how retirees can protect their long-term financial security while helping the next generation. As intergenerational financial support becomes more common, the traditional promise of retirement is being reshaped by the needs of the family. This reality is reflected in the FNB Retirement...

October 22, 2026
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06Oct

Nigeria: Govt Begins Implementation of New Pension Rates, Payment of Arrears to Military Pensioners

The federal government has begun implementing the newly approved pension rates following the adjustment arising from the new National Minimum Wage. According to a statement by the Public Relations Officer of the Military Pensions Board, Squadron Leader Aliyu Mohammed, the applicable arrears had also been processed and will be paid into the accounts of all eligible pensioners with effect from October 2, 2026. The Board appreciated the patience, understanding and cooperation demonstrated by military pensioners throughout the implementation process. The military said...

October 6, 2026
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05Oct

2025 European Pension Landscape: Comparing Amounts and Purchasing Power Across Countries

Pensions serve as the main income stream for older adults throughout Europe. Approximately two-thirds of pensioners' earnings within the European Union come from government transfers. As of 2025, individuals over 65 in 28 European countries receive around 86% of the average wage. However, this figure drops below 70% in the Baltic states. Belgium, Denmark, and Switzerland also report pensions at less than 80% of average income. The average gross pension within the EU is about €1,443 per month. Among EU...

October 5, 2026
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02Oct

US. Poverty Rates Continue to Climb for Older Adults

The poverty rate of people 65+ is the highest of all age groups and is growing, according to an AARP Foundation analysis of 2025 supplemental poverty rate data on older adults released by the U.S. Census. The report assessed Census data for adults aged 65+ along with those aged 50-64, as near-retirement poverty can portend poverty in retirement. AARP Foundation’s review, released in September 2026, found that adults aged 50+ have had an increase in poverty rates since 2019. Adults...

October 2, 2026
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September 2026
25Sep

Two Measures, Opposite Trends: Remittance Receipt in Mexican Household Surveys, 2008-2026

Por Walter Guevara Household surveys that ask about private transfers rarely separate support sent from abroad from the broader category of economic support a household may receive. Mexico's National Survey of Occupation and Employment (ENOE) contains both items. This note documents that the two move in opposite directions over 2008-2026, and that the difference is large enough to change substantive conclusions. Among adults aged 50 to 70, receipt measured by the broad item rose from 19.0 percent in 2008 to...

September 25, 2026
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25Sep

Australia. Under-retiring: The greatest retirement risk in a generation

Retirement requires a fundamental shift – to our lifestyles, finances, and mindset. After a lifetime of saving, we shift to decades of spending. This is a change that doesn’t come naturally for many of us. As we live longer, with retirement now spanning thirty years for the average Australian, knowing how much money we will need to fund our post-work years has become a mounting challenge. With 250,000 Australians stepping into retirement every year, it is imperative to understand how...

September 25, 2026
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August 2026
24Aug

South Korea. Elderly income up 80% in a decade, but pension gap triples

South Korea's elderly are moving away from relying on allowances from their children, with public pensions — the national pension and the basic pension — becoming the primary source of income in old age. Annual income per elderly person rose roughly 80 percent over the past decade driven by public pensions, and the share of seniors receiving both the national pension and the basic pension nearly doubled. Yet the income gap between those receiving the national pension and those dependent solely...

August 24, 2026
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