September 2025
19Sep

Pensions UK urges small pension pot consolidation by 2030

The pensions industry should drive small pension pots consolidation by 2030, trade body Pensions UK has urged. In its Small Pots Feasibility Review, the organisation looked at how to resolve the issue of small pensions pots. It pointed out that small pension pots are costly to deliver and confusing for savers. Torsten Bell, Minister for Pensions, said: “With more small pots than pensioners in the UK, too many people are losing track of their hard-earned savings. This is bad for pensions savers...

September 19, 2025
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August 2025
28Aug

Financial regret at older ages and longevity awareness

By Abigail Hurwitz & Olivia S. Mitchell To investigate financial regret among older Americans, we conduct a controlled experiment in the Health and Retirement Study. We document that many older people regret not having bought longevity protection or long-term care insurance, as well as having retired and claimed social security benefits too early. This is especially true for women, Black, and less wealthy older individuals. Additionally, we find that informing participants about objective survival probabilities boosts regret by 43% regarding not...

August 28, 2025
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July 2025
25Jul

Greener Pensions, Greener Choices: Linking Investments to Sustainable Behavior

By Olga Balakina, Charlotte Christiansen & Malene Kallestrup Lamb This paper examines how offering sustainable investment options influences sustainable consumption behavior. We combine a natural experiment in which individuals receive an option to switch to a pension plan with a strong sustainability profile with detailed household register data. This sustainable option improves sustainable consumption, as reflected in electric vehicle adoption and reduced vehicle emissions. The effect is primarily driven by individuals who do not choose the sustainable plan. We show that...

July 25, 2025
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08Jul

PensionBee: Gig workers need automatic pensions

More than a million UK gig workers are unable to save for retirement, according to fresh data from PensionBee, a leader in the consumer retirement market, prompting renewed calls for a ‘universal pension’ system to ensure every worker, regardless of income or employment status, has automatic access to a pension. The findings, launched alongside PensionBee’s Invisible Worker campaign on National Freelancers Day, highlight the challenges faced by freelancers, unpaid carers and those on zero-hours contracts who are not auto-enrolled into...

July 8, 2025
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June 2025
20Jun

PAYG Pensions in a Post-Growth Economy: A Case Study Analysis

By Christine Corlet Walker, Dario Leoni & Tim Jackson Ecological economists have increasingly warned that continual reliance on economic growth poses existential threats to environmental sustainability. A post-growth economy would instead prioritise environmental and societal prosperity over economic accumulation. But this transition demands a careful scrutiny of ‘growth dependencies’. One area in which this reliance on growth is potentially profound – particularly in the light of aging populations – is pension systems. In this paper, we therefore begin to address...

June 20, 2025
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May 2025
30May

Annual survey on financial incentives for retirement savings. Country profiles 2024

By Organisation for Economic Co-operation and Development Countries provide financial incentives to encourage individuals to save for retirement in asset-backed pension plans. Financial incentives for retirement savings can take the form of tax incentives, which are indirect subsidies through the tax code, or non-tax incentives, which are direct government payments into pension accounts. This annual survey provides an overview of the tax treatment of retirement savings and covers non-tax incentives to promote retirement savings in OECD countries and four accession...

May 30, 2025
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23May

A Canadian Approach to Rethinking Technology Design for Aging Populations

By Milena Head Older adults are the fastest-growing segment of the population. In Canada, one in five people are 65 or older, and by 2065, this will increase to more than one in four. Yet, despite their growing numbers, older adults often face exclusion and marginalization in technology design. This digital divide has significant consequences, leading to isolation, loneliness, frustration, and poor health outcomes, particularly when we intersect factors like lower socioeconomic status, race, gender, and immigrant status. Source: @SSRN

May 23, 2025
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07May

Philippines. SSS Announces New Grants & Pensions for 2025

SSS Announces New Grants & Pensions: If you’re a Social Security System (SSS) member in the Philippines, 2025 brings some of the most comprehensive updates in recent years. The SSS has officially rolled out a host of new grants, expanded coverage, pension enhancements, and voluntary retirement savings programs, offering fresh opportunities for all member categories. Whether you’re a full-time employee, a self-employed professional, or a retiree, these changes are designed to enhance your financial security and retirement readiness. In a time of...

May 7, 2025
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02May

How Companies With Frozen, Overfunded Pensions Approach the Future

Corporate pension funding surpluses are higher than they have been in more than a decade. Large surpluses are leading corporate pension plan sponsors to take a risk-on approach to their portfolios and evaluate options for the future of their plans. “We’ve hit the record high funded ratio since the [liability-driven investing] era,” says Jeff Passmore, lead LDI strategist at MetLife Investment Management. “We hit 107.2% funded intra-quarter—that was February 17.” According to Milliman, in 2024, about 34 U.S. companies had frozen pension plans with surplus...

May 2, 2025
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April 2025
24Apr

UK. Mind the gap: younger DC members care about the planet, their pension funds should take note

Today, we manage pensions for members living very different lives, different ages, different time horizons, different priorities. Yet too often, we rarely ask them: "What do you want from your money?" Younger members are already telling us. Over 80% of under-40s in the UK care about climate change. They want their savings to deliver purpose, impact, and value not just financial return and they want to be able to retire into a liveable world, not have to adapt just to survive in...

April 24, 2025
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