News Archives - Pension Policy International

18SepSeptember 18, 2026

US. NYC pension funds make $300M affordable housing investment to help solve apartment shortage

Four New York City municipal pension funds are investing $300 million into a trust connected to the country’s biggest alliance of labor unions in an attempt to address a dire housing shortage in the five boroughs, Comptroller Mark Levine announced Thursday. The new investment in the AFL-CIO Housing Investment Trust marks the first allocation of its kind since Levine announced a plan to direct $4 billion in city pension funds over the next four years to build more apartments. “This is...

September 18, 2026

NewsESG, Investment, US

18SepSeptember 18, 2026

This South American Country Is Emerging as a Retirement and Digital Nomad Hot Spot—With $700 Rent and Easy Residency Rules

While retiring abroad to Europe has become popular, and even highly recommended, Paraguay is emerging as one of the best options for those seeking a new beginning in Latin America—whether its as a retiree or a remote worker. According to retirement and relocation platform International Living, the South American country is touted as a “potential next frontier for expats,” thanks to its low cost of living, low financial requirements for residency, affordable real estate, and tax incentives. “People are expanding...

September 18, 2026

NewsParaguay, Retirement Planning

17SepSeptember 17, 2026

US. Corporate Pension Funding Inches Up in August

Consulting firms reported relatively small increases to their pension funding ratios last month, which resulted in corporate defined benefit pension funds continuing to achieve new surplus milestones. The funded status of the 100 largest U.S. corporate defined benefit plans “inched ahead” to 112.2% in August, just 0.1 percentage points higher than July’s figure, according to Milliman Inc.’s Pension Funding Index. The market value of PFI plan assets rose by $5 billion due to August’s 0.92% investment return, greater than Milliman’s...

September 17, 2026

NewsFunding, Occupational Pensions, US

17SepSeptember 17, 2026

UK. Integrated retirement journeys could drive 60% guaranteed income take-up

Integrating guaranteed income into the retirement journey could produce annuitisation rates of between 55 per cent and 60 per cent without removing member choice, research from Nuveen and the TIAA Institute has suggested. The report, Beyond auto-enrolment: International lessons for converting UK retirement savings into lifetime income, drew on evidence from 11 countries, with a particular focus on Switzerland, Chile and TIAA’s experience of voluntary annuitisation in the US. It found that around 55 per cent of Swiss retirees select full...

September 17, 2026

NewsPension design, UK

17SepSeptember 17, 2026

90% of Nigerians lack formal pension coverage – Report

Nigeria’s pension coverage increased to 9.1 per cent of the adult population in 2026 from 7.8 per cent in 2023, leaving about nine in every 10 Nigerian adults without any formal pension arrangement, the latest Access to Financial Services in Nigeria survey has revealed. The 2026 A2F Survey by Enhancing Financial Innovation and Access showed that despite improvements in financial inclusion, pensions remained one of the least-used formal financial products in the country. Speaking at the official launch of the report...

September 17, 2026

NewsCoverage, Nigeria

17SepSeptember 17, 2026

Value for Money: Industry flags concerns over forward-looking metrics

The Financial Conduct Authority’s (FCA) consultation process closed this week, as it continues to develop the proposed Value for Money (VfM) rulebook that the government hopes will strengthen and future-proof DC savings. Pension providers and trade bodies have widely welcomed the proposed system, but several have flagged concerns over issues such as forward-looking performance metrics and the absence of collective defined contribution arrangements from the rulebook. In its response, TPT Retirement Solutions argued that regulators needed to ensure that “forward-looking projections...

September 17, 2026

NewsDefined Contribution, supervision, UK

15SepSeptember 15, 2026

Chile pension reform: A new opportunity for investment managers

Pension reform in Chile, one of the most advanced retirement benefit markets in Latin America, is gathering pace. After the Chilean National Congress approved landmark pension reforms in January 2025, more detailed draft guidelines for their implementation are expected soon. These moves could, over time, lead to a hefty surge in assets under management (AUM) as contributions build, potentially creating new business opportunities for investment managers and their service providers. Launched in the 1980s, Chile’s private pension system is currently based on...

September 15, 2026

NewsChile, Investment, Pension Reform

15SepSeptember 15, 2026

UK. Almost 7 million adults in the dark about their State Pension

Almost 7 million adults could be missing out on information to help prepare them for their retirement. This Pension Awareness Week (15 to 18 September 2026), HM Revenue and Customs (HMRC) is encouraging people of all ages to download and use the free and secure HMRC app and the Tax Confident website to help them get ready for retirement and understand what to expect. New research from HMRC reveals one in eight adults (12.5%) have never checked their State Pension forecast...

September 15, 2026

NewsEngagement, State Pensions, UK

15SepSeptember 15, 2026

South Africa. Government workers pull R15-billion from retirement savings

Government employees rushed to their retirement savings when South Africa’s two-pot system opened the door to early withdrawals. More than 564,000 claims worth about R15-billion were processed in only seven months. Statistics South Africa said the Government Pensions Administration Agency processed 564,547 claims between September 2024 and March 2025. That works out to an average of about R26,570 for each claim. The scale of the withdrawals stands out because South Africa has about 1.3-million public servants. This means the number of claims was equal...

September 15, 2026

NewsSouth Africa, Withdrawals

15SepSeptember 15, 2026

US. AFSCME and labor allies say ‘no’ to crypto in our pensions

AFSCME, other labor unions and pro-retiree allies are fighting back against the cryptocurrency lobby’s efforts to pass a dangerous measure called the CLARITY Act. This bill would make it easier for highly unstable and unregulated cryptocurrency to infect millions of workers’ pensions and 401(k) accounts – even if the workers don’t intend to invest in crypto. The CLARITY Act is a serious threat to our retirements and a threat to our entire economy. By making it easier for the crypto industry...

September 15, 2026

NewsCryptocurrencies, Investment, US