March 2026
13Mar

Ghana. Informal sector employers who fail to pay employees’ pensions will be prosecuted – NPRA

The National Pensions Regulatory Authority (NPRA) in the Bono Region has cautioned employers in the informal sector to ensure the regular payment of their workers’ monthly pension contributions or face prosecution. Mr Enoch Okomfo Okonah, Assistant Manager in charge of Compliance at the Bono Regional Office of the NPRA, said employers who default could be fined up to 2,000 penalty units, pay the defaults, or be sentenced to two years imprisonment—or suffer both penalties. In an interview with the Ghana News...

March 13, 2026
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February 2026
24Feb

US. Retirement Asset Ownership Is Widespread Among Gig-Worker Households

As the gig economy has grown, so too has concern that a workforce increasingly made up of freelancers, independent contractors, and app-based workers is falling through the cracks of the US retirement system. Because gig workers can sometimes lack access to employer-sponsored plans, they are often portrayed as disengaged from long-term savings and at a heightened risk of financial insecurity in retirement. These assumptions have shaped policy debates, media coverage, and calls for reform, often treating gig work itself...

February 24, 2026
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20Feb

How Incentives Can Boost Pensions for Informal Sector Workers

By Coller Pensions Institute his summary report offers a snapshot of the findings in the full paper: ‘How incentives can boost pensions for informal workers’ - prepared by the Coller Pensions Institute and D3P Global. It highlights the financial and demographic factors driving the urgent need for policymakers to increase the participation rates of informal workers in pension systems, and summarises key findings from the full paper’s review of pension programmes targeting informal sector workers in 11 emerging markets and...

February 20, 2026
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20Feb

How to bring gig workers into the pension system

Policymakers should consider successful efforts in other countries to bring “informal” workers into pension saving as part of the effort to address the global adequacy problem, according to major new research. A report by the Coller Pensions Institute and D3P Global has listed 20 recommendations for improving access to pension savings for ‘gig’ workers, who work short-term flexible jobs. The institute’s analysis indicates that “informal” workers – including market traders, taxi drivers, and domestic help workers – now make up more...

February 20, 2026
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11Feb

Nigeria Turns to Fintech Model to Fix Informal Sector Pension

For six years, Nigeria’s “Micro Pension Plan” (MPP) has been inactive. It was launched in 2019 by the Buhari administration to include millions of traders, artisans, and gig workers in the pension system. However, progress has stalled. As of Q3 2024, only about 164,000 out of a target of roughly 75 million informal workers had registered. Of these, only about 12,000 had funded accounts. This means coverage is effectively zero. On Monday, the National Pension Commission (PenCom) made a significant change....

February 11, 2026
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06Feb

Public Pensions and the Strategic Timing of Formal Employment

  By Diego Vera Cossio, Mariano Bosch, Jonathan M. Leganza, Tatiana Mojica & María Laura Oliveri We study how public pensions impact lifecycle labor supply decisions. Our analysis centers on pension eligibility rules in Ecuador. We first use administrative data to document and unpack retirement spikes at eligibility ages. Next, we use survey data and regression discontinuity to investigate whether eligibility rules influence earlier-inlife decisions about when to work formally versus informally. We find discontinuous increases in transitions to formal employment...

February 6, 2026
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January 2026
30Jan

India. NPS drives pension expansion, but coverage remains limited amid informality: Economic Survey 2025-26

India’s pension system has expanded steadily over the past decade, but overall coverage remains limited when measured against the size of the country’s vast workforce, the Economic Survey 2025-26 has said. While participation in formal retirement savings schemes is rising, the Survey flags high informality, irregular incomes and low awareness as the biggest structural constraints preventing broad-based pension inclusion, especially among low-income and rural households. According to the Survey, the dominance of informal employment continues to shape the contours of...

January 30, 2026
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27Jan

UK. Pensions and financial inclusion: Time to join forces

Towards the end of last year, the government published its Financial Inclusion Strategy. This rightly focuses on building resilience through a range of measures, including banking access, savings, insurance, credit and debt support. These are bolstered by proposals for compulsory financial education in primary schools. However, pensions are noticeably absent from the core framework. This is despite the fact that pensions form the cornerstone of long-term financial security. On the one hand, this separation makes sense, as the revived Pensions Commission and...

January 27, 2026
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22Jan

Nigeria. ‘Only 215,914 informal workers enrolled in personal pensions as 92m remain uncovered’

The National Pension Commission (PenCom) has disclosed that just 215,914 Nigerians in the informal sector are enrolled in the Personal Pension Plan (PPP), leaving about 91.88 million workers without any form of pension cover out of an estimated 92.1 million informal-sector workforce. The pension regulator, in its third-quarter 2025 report, said the figures highlight the enormous untapped potential within the informal sector and underscore the need for a more deliberate and coordinated industry-wide strategy to deepen micro-pension adoption. PenCom noted that...

January 22, 2026
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12Jan

Nigeria. Driving growth with recapitalisation

With macroeconomic headwinds still blowing, regulatory shakeups underway, and citizens demanding more value for their trust, Omobola Tolu-Kusimo writes on whether 2026 could be the year these industries either break new ground or stay stuck in the cycle of unrealized potential. The year 2025 ended with increased premiums, improved regulatory oversight, and renewed investor interest following NAICOM’s enforcement of the Nigerian Insurance Industry Reform Act, 2025 (NIIRA 2025).reforms and recapitalisation efforts. However, insurance penetration remains below 1per cent, a stubborn reminder...

January 12, 2026
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