savings Archives - Page 13 of 56 - Pension Policy International

05AugAugust 5, 2025

UK. Workplace Pension Stats Show Case to Boost “Invisible Worker” Pensions : PensionBee

UK’s online pension provider PensionBee noted that the Department for Work and Pensions has this morning published annual statistics on workplace pension participation and savings trends: 2009 to 2024. PensionBee also mentioned that the statistics showed that rates of “participation in Auto Enrolment have remained stable in recent years, along with stopping savings levels and contribution levels.” Nine-in-ten eligible employees, “21.7 million people, are saving into a workplace scheme, according to the DWP, while eight-in-ten of all employees are saving into a scheme, or 23.3 million workers.” The freezing...

August 5, 2025

NewsInformal Sector, savings, UK

04AugAugust 4, 2025

UK. Over half of baby boomers not on track for retirement goals

Just over half (51 per cent) of UK baby boomers are on track to meet their retirement goals, with the rest expected to fall short of the income needed to maintain their current lifestyle or achieve a moderate standard of living in retirement, research from Vanguard has found. The Vanguard Retirement Outlook report revealed wide variation in retirement readiness across income groups and depending on the spending goals used. When assessing retirement preparedness relative to income, a U-shaped pattern emerged: both low- and...

August 4, 2025

Newssavings, UK

30JulJuly 30, 2025

UK. Relaunch of the Pensions Commission to encourage saving

On July 21, 2025, the Government announced the re-introduction of the Pensions Commission in a drive to boost pension saving. The relaunched Commission will explore the barriers that stop people from saving enough for retirement, with a final report due in 2027. The original Commission of 2006 was a “huge success”, enabling the roll-out of auto-enrolment, resulting in 88 per cent of eligible employees are now saving, up from 55 per cent in 2012. The revived Commission will: Consider the long-term future of...

July 30, 2025

Newssavings, UK

28JulJuly 28, 2025

Will the US open 401(k) plans to private markets?

The likelihood that the Trump administration will seek to open up 401(k) retirement savings plans to private markets through an executive order seems to be rising. According to The Wall Street Journal, the order may instruct the labour department and the Securities and Exchange Commission to offer guidance on how to include private asset options in 401(k) plans, which comprised US$12.4 trillion in defined-contribution plans alone as of end-2024. Such proposals have long been surrounded by doubts about their viability for retail...

July 28, 2025

NewsInvestment, savings, US

28JulJuly 28, 2025

South Korea. Samsung Securities launches pension savings event with gift certificates until 31st

This event targets new customers who sign up for Samsung Securities' pension and existing customers, providing gift certificates based on the amount deposited. The event offers various benefits based on the net deposit amount. The net deposit amount is calculated by combining the ▲new deposits ▲transfer from other companies’ pensions ▲conversion from matured Individual Savings Accounts (ISAs) during the period. First, the 'Pension Savings Together Event' is an event that awards gift certificates based on the net deposit amount of at...

July 28, 2025

Newssavings, South Korea

25JulJuly 25, 2025

Population Aging and Financial Stability: An Empirical Analysis

By Hun Jang This study empirically examines the impact of population aging on financial stability. Constructing an unbalanced panel of 7,148 banks across 38 OECD countries over 27 years, we find that deeper demographic aging undermines banks’ capital adequacy and lowers their Z-Scores, thereby exerting a negative effect on financial stability. These adverse effects arise because slower growth, higher interest-expense burdens, and compressed net interest margins erode profitability, prompting banks to loosen risk standards in an effort to offset mounting...

July 25, 2025

Aging, Articles2025, Aging, Risk, savings

23JulJuly 23, 2025

Britain is facing a ‘tsunami’ of pensioner poverty, says Kendall

Britain risks a “tsunami of pensioner poverty” over the coming decades unless the system of saving for retirement is overhauled, according to Liz Kendall. At the launch of a major independent commission on the pensions system, the work and pensions secretary said growing numbers would struggle to make ends meet in old age. “Unless we act, tomorrow’s pensioners will be poorer than today’s, because people who are saving aren’t saving enough for their retirement, and crucially, because almost half of the working age population...

July 23, 2025

Newssavings, System sustainability, UK

21JulJuly 21, 2025

UK. Government revives landmark Pensions Commission to confront retirement crisis that risks tomorrow’s pensioners being poorer than today’s

Millions of people could benefit from a more secure retirement as the Government today [Monday 21 July 2025] revives the landmark Pensions Commission to examine why tomorrow’s pensioners are on track to be poorer than today’s and make recommendations for change. The Commission of 2006 was a huge success, building a consensus for the roll-out of Automatic Enrolment into pension saving that means 88% of eligible employees are now saving, up from 55% in 2012. However, new analysis shows that there...

July 21, 2025

Newssavings, supervision, UK

18JulJuly 18, 2025

Study shows only one in four Kenyans save for retirement

A paltry 20 per cent of Kenyans save for retirement, a new study has revealed. The research by pension fund experts at Zamara Group reveals that over 60 per cent of retirees deplete their retirement savings within the first five years after leaving formal employment. Zamara Group chief executive Sundeep Raichura said most Kenyans are not saving enough to maintain their living standards in retirement. "In Kenya, the pension schemes are paid in lump-sum and people who are used to getting regular...

July 18, 2025

News, UncategorizedInformal Sector, Kenya, savings

11JulJuly 11, 2025

Roadmap for Retirement: The Case for a National Pension Dashboard

By Kathryn Bush Retirement planning is getting harder for Canadians as more savings shift to definedcontribution plans, and account information is scattered across institutions. Given current financial literacy levels in Canada, many people struggle to understand what they'll have to live on in retirement. A pension dashboard could help by bringing all their retirement savings and benefits into one place. A pension dashboard is a government or government-sanctioned online tool that shows individuals all their retirement income sources-including government benefits,...

July 11, 2025

Adequacy, Articles, Savings2025, Canada, Income, Retirement Planning, savings, Technology

August 2025

July 2025