March 2025

Understanding the Gender Pension Gap in Canada

By Elizabeth Shilton The gender pension gap in Canada measures the gender difference in combined income from Canada’s 3-pillar system of retirement income instruments: Old Age Security/Guaranteed Income Supplement, Canada Pension Plan/ Quebec Pension Plan and private pensions (including RRSP/RRIF income). In 1976 - the first year for which we have meaningful statistics – that gap stood at 15%, and it has stubbornly refused to close despite substantial increases in overall retirement income and massive advances in women’s labour market engagement...

The Gender Pensions Gap

By Khadijah Zaidi & James Mirza-Davies The gender pensions gap refers to differences in retirement income or retirement wealth for men and women, and it can be measured in different ways. The gender pensions gap is mainly caused by the gender pay gap. There are however additional causal factors relating specifically to pensions, such as historic state pension rules, the impact of auto-enrolment rules on different types of workers, and how divorce settlements treat pensions. The Work and Pensions Committee...

US. How Letting Go Of Federal Government Workers Will Impact The Job Market

President Trump’s administration has set its sights on shrinking the federal government’s workforce. It currently stands at approximately 2.3 million civilian employees. On February 26, 2025, Trump signed an Executive Order implementing the Department of Government Efficiency (DOGE) Cost Efficiency Initiative, directing agencies to root out potential fraud, and abuse in matters such as contracts, grants, payments, and travel expenses. Agencies were told to centralize technological systems to track payments, accompanied by written justifications, with plans for workforce reductions due by March 13, 2025....

February 2025

UK Pension Fund Pulls £28bn From State Street Amid ESG Policy Divisions

The People’s Pension, the UK’s largest commercial master trust, has withdrawn £28bn from State Street, prioritizing sustainability, active stewardship, and long-term value creation. The fund awarded a £20bn equity mandate to Amundi and £8bn in fixed-income assets to Invesco, both sharing the People’s Pension’s commitment to responsible investment. This decision comes amid the European Commission’s recent Omnibus package, which narrows corporate sustainability reporting legislation in the EU, and a retreat from ESG initiatives by US firms under the Trump...

‘Unique financial pressures’ threaten Gen Z retirement prospects

"Unique financial pressures" are threatening the retirement prospects of Gen Z (ages 18-29), according to a new report from the Pensions Policy Institute (PPI) The report, The Concerns of Gen Z, found that despite "universal benefits" from automatic enrolment (AE) in workplace pension schemes, young people's ability to save is being constrained by economic uncertainty, high student debt, unaffordable housing, and changing employment patterns. According to the report, these pressures have led many to prioritise short-term financial flexibility, often at the expense of...

Micro-retirement: has gen Z found a brilliant fix for burnout?

Is this one of those things where gen Z takes an old concept, gives it a new name and pretends they invented it? Not at all. The concept is taken from a 2007 book called The 4-Hour Workweek by Timothy Ferriss. I take it back. Although nobody really talked about it until this year, when a bunch of TikTokers started doing it, so you’re partly right. So what is it? You know work-life balance? I am vaguely aware of it, yes. And you know how the company you work for only cares...

2025 Employee Sentiment Study

By AON Successful organizations recognize the critical importance of their people and what is valuable to them. Investing in their potential, aspirations and resilience, and providing them with choice and flexibility that caters to their diverse needs is not just a necessity — it is the foundation for delivering long-term sustainable growth. This study is based on findings from Aon’s Employee Sentiment survey and insights from Aon’s team of human capital specialists. It equips senior business, human resources, and people leaders...

More Than Half of Workers in Hong Kong are Considering Changing Employers in 2025, Aon Study Reveals

Aon plc (NYSE: AON), a leading global professional services firm, today released results from its 2025 Human Capital Employee Sentiment Study with new insights specific to employees in Hong Kong. The global study of more than 9,000 employees across 23 geographies, including the U.S., UK, China, India and Australia, found that more than half of workers in Hong Kong are considering changing employers. The research reveals a troubling trend: almost one in five employees (17 percent) in Hong Kong feel undervalued in...

UK professionals prepare for ‘unretirement’ to become the norm

70% of UK professionals (from all age bands) have stated that they are ‘expecting’ that they will have to work for longer or delay retirement due to financial concerns post-retirement. In fact, 31% of ‘unretirees’ state they have returned to work either in a full/part-time or in a casual capacity over the past 18 months. The new research comes from global talent solutions provider Robert Walters – and showcases an emerging trend of ‘unretirement’ – which shows no signs of abating. Recent figures from Legal and...

Older adults are driving workforce innovation in a digital economy. Here’s how

Businesses and governments must recognize the impact and potential of older adults as the global workforce shifts due to ageing populations. Many older adults want to work, upskill and contribute in a digital-first world, but face structural barriers such as ageism and technological gaps. As global leaders navigate workforce challenges, they must embrace policies that foster lifelong learning, equitable hiring and digital inclusion. As the global workforce shifts due to ageing populations, businesses and governments must recognize the impact...