May 2025
29May

US. PensionBee Launches SEP IRAs To Include Non-Traditional Retirement Savers

PensionBee, a leading online retirement provider, announced today the launch of Simplified Employee Pension (SEP) IRAs in its digital platform. This offering provides a best-in-class retirement solution designed for self-employed individuals. Self-employed Americans consistently report lower levels of retirement preparedness. Only about 13% of self-employed individuals in single-person businesses participate in retirement plans, compared to nearly 72% of traditional employees. The launch comes at a critical time as the gig economy continues its rapid expansion. By 2025, gig workers are expected...

May 29, 2025
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28May

U.S. money managers put on notice by $65 billion Dutch investor

Dutch pension fund PME is issuing a blanket warning to U.S. money managers, amid concerns America’s investment industry is caving in to pressure from the Trump administration to abandon basic principles of stewardship. They “aren’t condemning what Trump is doing and how he is operating and how he is handling issues like climate change and demolishing the judiciary,” Daan Spaargaren, senior strategist for responsible investing, said in an interview. “We are worried about that.” Read also: Hong Kong regulator prods pension...

May 28, 2025
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27May

UK. Only 40 percent know their pension is being invested

6 in 10 people don’t know their pension is invested. Men are far more likely to know their pension is invested – 51% compared to 28% of women. Workplace pension members are typically automatically put into a default fund. Investment returns have a huge influence on people’s pension outcome. Clare Stinton, head of workplace saving analysis, Hargreaves Lansdown: “If you have a pension, you’re an investor. Unfortunately, most people don’t realise this, so they risk missing a golden opportunity...

May 27, 2025
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26May

Why a retirement age of 70 is a bad idea, according to science

If you are counting the years until you can retire, then don’t move to Denmark. The country has just passed a law nudging the official retirement age up to 70, which will take effect in 2040, for people born in 1971 or later. But Denmark is not the only place with this idea. The UK state pension age used to be 60 for women and 65 for men. It is currently 66 for everyone, but it will increase – in stages – up...

May 26, 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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23May

US. House passes reconciliation bill that cuts federal employee retirement benefits

The House voted 215-214 along party lines early Thursday morning to pass its budget reconciliation package that includes a slimmer range proposed cuts to federal workers’ retirement benefits. The bill now heads to the Senate for consideration. Last month, the House Oversight and Reform Committee advanced its portion of the bill, which would cut federal spending to partially pay for tax cuts for the wealthy and increased immigration enforcement. The measure included provisions requiring employees previously exempted from higher Federal Employees...

May 23, 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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21May

Donald Trump considers order to open US retirement plans to private equity

Donald Trump’s administration is debating an executive order that could open the nearly $9tn US retirement market to private capital groups focused on corporate takeovers, property and other high-octane deals. The order would instruct agencies such as the departments of labour and Treasury and the Securities and Exchange Commission to study the feasibility of opening 401k plans, a primary vehicle for US retirement savings, to the private funds, according to four sources familiar with the talks. Trump opened the door for...

May 21, 2025
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21May

As Rural Populations Grow Older, Communities Increasingly Rely on Smaller Labor Force

Rural populations are shifting older as people live longer, birth rates decline, younger people move out of rural areas, and older people decide to spend their retirement years in rural settings. By the end of 2025, the youngest of the Baby Boom generation (born between 1946 and 1964)—a large generation in total numbers—will have turned 61 and the oldest reached age 79, meaning that many are now in or looking at retirement. Meanwhile, working-age (15–64 years) populations in rural counties...

May 21, 2025
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20May

US. Outliving Savings: A Growing Risk

Changes in financial planning that will account for increasing longevity haven't necessarily kept pace with expectations that the number of Americans living to 100 and beyond will quadruple over the next 30 years, warns a new study. In fact, the research from the Nationwide Retirement Institute and the American College of Financial Services finds that extending a retirement by just five years from 30 to 35 years increases the risk of depleting savings by 41%, based on historical market returns. Conducted...

May 20, 2025
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