June 2025
06Jun

The Future of Financial Inclusion: Fintech, Microfinance, and Alternative Banking Models

By Selina Zhan Financial literacy refers to the ability to make informed financial decisions through acquiring relevant knowledge and skills such as investing, budgeting, and asset management. Individual financial literacy is crucial as many governments around the world are unreliable when it comes to providing adequate and stable financial support to their civilians. Additionally, as institutions become more and more exclusive with their increasingly complex products, the need for financial literacy grows, especially as the cost of retirement rises each...

June 6, 2025
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04Jun

Decumulation dilemmas: What are they and how to navigate them?

The investment lifecycle from accumulation to decumulation comes with many dilemmas but there are four key challenges in particular, according to Olivia Geldenhuys, head of investment specialists at Tatton Investment Management Speaking at the Personal Finance Society roadshow today (June 3), Geldenhuys explored strategies for managing risk and protecting portfolios during market downturns. She outlined there are four key challenges when it comes to decumulation which are: longevity risk, sequence of returns, inflation erosion, and behavioural biases. “Your role as a financial...

June 4, 2025
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03Jun

Study Shows Value of Personal Savings in Retirement

A recent national study validates the importance of having personal savings as a primary source of income in retirement. According to the study, personal savings (including individual retirement accounts and other investment accounts) are expected as a primary source of retirement income by government workers in the education (74%), public safety (78%), health and human services (75%), and other state/local government (73%) sectors. Along with a WRS pension, a supplemental retirement savings plan like the Wisconsin Deferred Compensation Program (WDC) is equally important for...

June 3, 2025
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May 2025
30May

Does Education Improve Financial Outcomes? Evidence from Stock Market and Retirement Accounts in Türkiye

By Abdurrahman Aydemir & Yarsan Ersan We examine the causal effect of education on financial outcomes related to stock markets and retirement savings, leveraging a major compulsory school reform and a unique data set covering the universe of investors in Türkiye. The estimates show no effects on participation rates, portfolio composition, or return performance. Moreover, education does not appear to influence behavioral biases or heuristics in retirement plans. The reform leads to a 3% increase in pension savings for females,...

May 30, 2025
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26May

More than a third of Americans say they want an ‘adventurous retirement’

Retirement is no longer just about rocking chairs, gardening, grandchildren, or afternoons on the golf course. Instead, it's evolving from what many consider a traditional retirement into something much more dynamic, said Andy Smith, executive director of financial planning at Edelman Financial Engines. "I think it's important that people remember that there is no one-size-fits-all solution to retirement, to retirement planning," Smith said in a recent episode of the Decoding Retirement podcast (see video above or listen below). "There's no one right way to...

May 26, 2025
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22May

US. Opinion: How good will your retirement be? Depends on where you live.

Geography is destiny, the saying goes, but money redraws the map. It’s certainly true with the U.S. economy, where the bulk of GDP is generated in urban, coastal areas. It’s also true, says a new study, for just how financially well off our retirement may be. This shouldn’t come as a surprise. Urban areas, says a recent Brookings Institution study, outperform rural ones in metrics like GDP per capita, job creation and wage growth; it stands to reason then that benefits, including...

May 22, 2025
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13May

Pension funds ‘to unlock up to £50bn’ of investment, with half for UK firms

The bosses of 17 of the UK’s biggest pension funds have struck a deal with the government that it claims will release up to £50bn worth of investments, with at least half earmarked for British assets including clean energy projects and homegrown startups. Fund managers including Aviva, Legal & General, M&G, Phoenix and the Universities Superannuation Scheme have agreed to sign a new “Mansion House accord” that will lead to at least 10% of their workplace pension schemes being invested...

May 13, 2025
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13May

Baby Boomers vs. Gen X: How They Approach Retirement Differently

Nobody wants to hear they’re becoming their parents, but as we age, it's often inevitable. It’s hard to escape it when their morals, values, and idiosyncrasies have been etched into our brains. Unless, however, we’re talking about retirement saving, planning and investing. When it comes to baby boomers and Gen Xers, their approaches couldn’t be more different. Baby Boomers, born between 1946 and 1964 (according to Pew Research), number 69 million strong. Pew places Generation X, or Gen X, as those...

May 13, 2025
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12May

UK. Only half of mid-retirees confident they are on track to make their private pension last for life

New research by Aviva and Age UK has found only half (48%) are confident they are on track to make their private pension savings last for life[1]. Just over a quarter (26%) reported feeling financially secure, with women (19%) feeling less financially secure than men (32%). The research surveyed 1,000 mid-retirees aged 65-75 who have a private pension and are on a moderate retirement income, and do not pay for financial advice or have a final salary pension over £20k...

May 12, 2025
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April 2025
24Apr

For Most Americans, Going Broke in Retirement Is a Bigger Fear Than Death: Survey

The Allianz Center for the Future of Retirement has published its annual retirement study, finding yet again that a solid majority of Americans say they worry more about running out of money in retirement than they worry about their mortality. Specifically, 64% of survey respondents this year said they worry more about financial destitution in retirement than death. Despite the concern, 62% say they are not saving as much for retirement as they would like, while 54% say inflation contributes to their...

April 24, 2025
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