March 2026

More than half of Gen X heading for ‘pension shock’

More than half of Generation X are heading for inadequate retirement incomes, with 7.5 million people facing a potential “pension shock” when they retire, the Social Market Foundation (SMF) has warned. The report found that 54 per cent of Gen X - those born between 1965 and 1980 - were projected to have retirement incomes below what is needed to maintain their current standard of living or meet basic living costs. The research, based on a survey of more than 2,000...

UK. Govt urged to carefully consider interventions in pension scheme investment

The government should carefully consider any intervention in domestic pension scheme investment and identify the specific ‘market failures’ it intends to address, a joint report from Frontier Economics and LCP has argued. The UK pension schemes and productive finance – a framework for effective intervention report argued there was no clear case for the government to override trustees’ judgments when acting in member interest, or to set top-down targets for total levels of ‘productive’ investment. It highlighted there were big differences in investment...

Ghanaian pension funds to invest $11m in Atlantic Lithium as Ewoyaa Project gains momentum

A consortium of Ghanaian pension funds has committed millions of dollars to Atlantic Lithium, marking a landmark domestic investment in what is expected to become Ghana’s first lithium-producing mine and signalling growing local confidence in the country’s emerging critical minerals sector. The investment, valued at up to US$11 million, forms part of a broader funding package of about US$16.4 million secured by the company to advance its flagship Ewoyaa Lithium Project toward construction and production. The Ghanaian institutional investors, managed by...

Mortality Risk Valuation in Policy Assessment. A Global Meta-Analysis of Value of Statistical Life Studies

By OECD Policymakers are often faced with decisions affecting human health and mortality risk. For example, new vehicle fuel efficiency standards may lead to higher costs for consumers but could also save lives by improving air quality in urban areas, thus creating a trade-off between economic costs and the value of reducing mortality risk. Yet, too often, these economic trade-offs are not assessed in a systematic manner using a consistent methodology. This report aims to equip policymakers with the methodologies and economic...

2025 Global Innovation Lab for Climate Finance Impact Report

By Climate Policy Initiative The 2025 Global Innovation Lab for Climate Finance (the Lab) Impact Report highlights how innovative financial solutions are helping mobilize private investment for climate action in emerging markets. From 2014 to 2025, the Lab incubated 87 climate finance instruments designed to address barriers to investment in sectors such as renewable energy, sustainable agriculture, nature-based solutions, and climate resilience. Together, these solutions have mobilized USD 4.4 billion in climate investment, with USD 1.83 billion from private investors. The report...

UK pension fund to vote against boards backpedaling on climate

UK pension giant Nest will now vote against board chairs where the company they oversee has materially scaled back its climate commitments without explanation. Updating its voting policy, Nest said where adjustments are made to transition strategies, boards are expected to provide clear and evidence-based reasoning to shareholders. It said it will now be more explicit in its voting approach to support constructive dialogue with companies. Nest director of responsible investment Diandra Soobiah said the update builds on the existing approach...

Is ESG investing in the best interests of pension scheme members?

Pension funds can do more to mitigate climate change and should feel empowered to do so, according to Caroline Lucas, former leader of the Green Party. Debating whether environmental, social and governance (ESG) investment strategies have a future, in a session at the Pensions UK Investment Conference in Edinburgh yesterday (11 March), Lucas said that investing in opportunities that build a resilient future is looking after member interests. “Environmental policy and pension policy are still seen too much as separate domains,...

How the UK’s largest pension schemes have navigated recent volatility

Leading pension scheme investment bosses have highlighted the importance of appropriate governance processes to help navigate periods of volatility. On a panel discussion at the Pensions UK Investment Conference in Edinburgh this week, senior representatives from three of the UK’s largest pension managers explained that clear delegation and communication were key to successfully navigating volatility. Joe McDonnell, chief investment officer at Border to Coast Pensions Partnership, said his asset allocation committee had been meeting “more frequently” in recent weeks to assess...

AI-driven investment strategies could help boost pension schemes’ risk-adjusted returns

Artificial intelligence (AI)-driven investment strategies could help pension schemes improve risk-adjusted returns without increasing portfolio risk, according to SmartWealth Asset Management AG CEO, Dr Miro Mitev. Speaking to Pensions Age, Mitev argued that systematic, AI-based portfolio construction could reduce human bias in investment decision-making while improving the efficiency of portfolio optimisation. “At the end, what success means is actually the performance for a client,” he stated. “If you implement these kinds of tools correctly and properly, and you are following the rules without...

Hong Kong Regulators Widen GenA.I. Sandbox Across Financial Services

Hong Kong’s financial regulators have widened a regulatory sandbox for generative artificial intelligence, extending the programme beyond banking to cover securities, asset and wealth management, insurance, pensions and stored-value facilities as authorities push to position the city as a hub for responsible AI use in finance. The new initiative, called GenA.I. Sandbox++, was launched on March 5 by the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority, in collaboration with Cyberport. It builds on the original GenA.I....