By Yi Fan, Shuangshuang Song & Yewen Yu Population aging and fertility decline are occurring simultaneously worldwide, straining labor supply and pension systems. China began a gradual delayedretirement (GDR) reform in 2025, raising statutory retirement ages on different schedules for men, female cadres, and female workers across birth cohorts. To evaluate its effects on older […]

By Valter Manuel Gomes Neto Brazil’s rapid demographic transition presents growing challenges for the sustainability, coverage, and adequacy of its pension system. Although the 2019 pension reform improved fiscal sustainability, population ageing and persistent labour informality continue to place pressure on pension financing and old-age income security. Drawing on existing research and policy evidence, this […]

By Alfredo Merlet Between January and September 2026, Fund E, the most conservative of Chile’s five mandatory pension fund types, lost about ten per cent in real terms, its second-worst result on record, while the funds’ positions in foreign interest-rate derivatives swung to a reported valuation loss of about US$7.7 billion. This article asks why […]

Headline income uplifts from collective defined contribution (CDC) pension schemes risk oversimplifying potential benefits for members, as factors such as income certainty, flexibility and inheritance also need to be considered, Hymans Robertson has warned. In its latest paper, How much?! Looking beyond headline CDC uplifts, the consultancy argued that focusing on a single uplift figure […]

The professional pension funds for lawyers in Lower Saxony and Bremen are set to merge to create a €3bn institution, an uncommon step in a sector characterised by fragmentation. The merger of Hanseatische Rechtsanwaltsversorgung Bremen and Rechtsanwaltsversorgung Niedersachsen is scheduled to take effect on 1 January 2027, according to the Lower Saxony pension fund. The […]

Gen X is looking at retirement with more questions than answers, which could quietly reshape where trillions of dollars eventually flow. That uncertainty can pressure some consumer-facing areas, yet it also creates fresh demand for guidance, products, and planning tools. This article walks through three U.S. retirement planning and asset management stocks exposed to that […]

In A Source of Blessing, Mick describes the evolution of railway pension provision from the era of Victorian friendly societies, through nationalisation, British Rail and privatisation to the enormous £36bn behemoth that exists today. In doing so, he has also revealed some of the challenges and conflicts that had to be addressed – whether in […]