US. Milliman analysis: Despite June dip, corporate pensions close strong second quarter 109.5% funded
(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Mi ...
UK. Gen Z pension investment falls as gold and crypto ownership rises
Gen Z pension investment has fallen over the past six years, despite younger savers increasing their exposure ...
Ghana. A-G uncovers GH¢7.5 million in illegal pension payments to 4 dead pensioners
A report by the Auditor-General (A-G) has found that four deceased pensioners continued to receive pension ben ...
Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
Policymakers must act to prevent public debt rising unsustainably in coming decades as the population ages and ...
UK. State pension spending set to reach 9% of GDP in 50 years
State pension spending is projected to rise from 5 per cent of GDP to around 9 per cent of GDP over the next 5 ...
China’s gig economy absorbs laid off workers and strains the social safety net
In Beijing, Bao Zhang started driving for a Chinese ride-hailing service this year after losing his job as a s ...
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ARTICLES
How Rational Is AI Investment Advice? Risk-Return Relevance in Artificial Intelligence (AI) Investments
By Nanying Lin, Oscar Gilbert & Tianxiang Chu Textbook finance theories indicate that investors demand risk premia from risky assets as compensation for risk and for hedging against future unfavorable economic states. We design a comprehensive study to examine whether investment advice generated by artificial intelligence (AI) reflects a coherent risk–return pattern in investment decision-making. […]
Pension Income and Post-Retirement Labor Supply
By Fabian Kindermann, Carla Krolage, Sebastian Kunz, Manuel Pannier & Karoline Ströhlein This paper provides causal evidence on how pension income affects labor supply after retirement. We exploit the introduction of the German Earned Income Pension Credit (Grundrente), which permanently increased pension income for retirees with long contribution histories and comparatively low lifetime earnings. The […]
Artificial Intelligence in Elderly Care: Navigating Ethical and Responsible AI Adoption for Seniors
By David Mhlanga This paper delves into the critical intersection of ageing and the rapidly evolving field of artificial intelligence (AI). This exploration is anchored in the recognition of the unique potential that AI holds for enhancing the lives of seniors, while also acknowledging the complex ethical and practical challenges that accompany its adoption in […]
NEWS
US. Milliman analysis: Despite June dip, corporate pensions close strong second quarter 109.5% funded
(BUSINESS WIRE)–Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. June’s funded ratio is significantly ahead of the 106.1% seen at the start of 2026 The funded status of the Milliman 100 PFI plans fell by […]
UK. Gen Z pension investment falls as gold and crypto ownership rises
Gen Z pension investment has fallen over the past six years, despite younger savers increasing their exposure to gold, stocks and crypto, research from GWI has found. The insights company found that gold ownership among Gen Z has increased by 50 per cent over the past six years, while investment in stocks and shares has […]
Ghana. A-G uncovers GH¢7.5 million in illegal pension payments to 4 dead pensioners
A report by the Auditor-General (A-G) has found that four deceased pensioners continued to receive pension benefits long after their deaths, resulting in overpayments totalling GH¢7,494,975.34 between February 2019 and March 2026. The findings, contained in the Report of the Auditor‑General on the Public Accounts of Ghana Ministries, Departments and Other Agencies for the year […]
Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
Policymakers must act to prevent public debt rising unsustainably in coming decades as the population ages and defence spending rises, the government’s independent economic forecaster has said. In a fresh illustration of the challenges facing the prime minister in waiting, Andy Burnham, the Office for Budget Responsibility (OBR) said that without government action “debt would move on […]