Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

April 2025

US. Social Security rule-reversals, office closures, cost cuts: here’s what’s happening now.

The Social Security Administration is about to get a new commissioner, but that’s only the latest of a series of changes at the agency since the inauguration of President Donald Trump. Frank Bisignano, the chief executive officer of fintech company Fiserv FI -3.34%, is on the path to confirmation as the next Social Security Administration commissioner. The Senate Finance Committee advanced the nomination after his hearing at the end of March, and he is now awaiting scheduling of the final...

UK government urged to amend pension rules to support sustainable growth

Lack of clarity over fiduciary duty and a heavy sustainability reporting burden are key issues for the pensions industry, says UKSIF At a glance The UK government is planning an overhaul of the investment rules regulating the pensions sector in attempt to spur growth and stimulate investment in UK assets Simplifying sustainability rules should be part of the reform agenda, with a greater focus on transition planning rather than lengthy disclosures, says UKSIF The fiduciary duty of pension trustees with regards to climate...

Pension funds record overallocation to private equity in Q1 2025

Global pension funds in aggregate were above their median target allocation to private equity in the first quarter of 2025, according to S&P Global Market Intelligence data. The median target allocation across 298 pension funds was $306.8 million, and the median actual allocation was $330.3 million, resulting in a $23.5 million overallocation. Allocation takes on greater significance if public markets enter a sustained decline, resulting in an overallocation to private markets due to the denominator effect. The imbalance can restrict a...

Pensions at a Crossroads: Building Inclusive Retirement Systems for an Aging World

The World Bank’s Social Protection and Jobs Global Practice, in collaboration with the ASPIRE team and informed by research from the International Labour Organization (ILO) and the United Nations Department of Economic and Social Affairs (UN DESA), delivers a timely and comprehensive report. This document scrutinizes the global state of pension and social insurance systems, offering insight into their adequacy, sustainability, and coverage in a world experiencing rapid population aging. As the share of elderly citizens rises sharply across...

Trade war threatens pensions, risks recession

A local financial adviser pegs the risk of global recession at between 30 and 40 per cent, after Donald Trump’s announcement of sweeping global tariffs sent the US stock market in a tail spin. The prediction from Bryan Dooley, the chief investment officer for LOM Asset Management Ltd, may be conservative. Goldman Sachs raised the odds of a US recession to 45 per cent, their second hike in a week. Others are at 50 per cent. JP Morgan chief economist Bruce Kasman,...

London Pensions Fund Commits £250 Million to Ambitious New Green Investment Drive

In a strategic move that underscores its accelerating push toward net zero, the London Pensions Fund Authority (LPFA) has pledged 3% of its £8 billion portfolio—approximately £250 million—toward investments in environmental solutions. This allocation will seed a newly launched private markets fund to support global decarbonisation efforts through climate-aligned assets. But this isn’t just a one-off gesture. It’s part of a much broader financial and philosophical commitment. The LPFA doesn't manage its assets in isolation. Its investments are pooled with those...

European stocks in red as China responds to US

European stocks opened lower on Wednesday, as investors digest the ongoing trade war between the US and China. The FTSE 100 index opened down 134.23 points, 1.7%, at 7,776.30. The FTSE 250 was down 293.86 points, 1.6%, at 18,055.29, and the AIM All-Share was down 7.08 points, 1.1%, at 634.58. The Cboe UK 100 was down 1.6% at 774.66, the Cboe UK 250 was down 1.7% at 15,700.63, and the Cboe Small Companies was down 0.3% at 14,618.76. US President Donald Trump’s...

The World Bank publishes “State of Social Protection Report 2025: The 2-Billion-Person Challenge”

Social protection goes well beyond cash transfers; it includes policies and programmes that bridge skill, financial, and information gaps, aiding people in securing better jobs. The three pillars of social protection—social assistance, social insurance, and labour market programmes—support households and workers in handling crises, escaping poverty, facing transitions, and seizing employment opportunities. But despite a substantial expansion over the past decade, 2-billion people remain uncovered or inadequately covered across low- and middle-income countries. Drawing from administrative and household survey data from...

UK. DWP secretary Liz Kendall makes Triple Lock state pension announcement

Department of Work and Pensions Secretary Liz Kendall has made an announcement on the future of the state pension Triple Lock as pensioners get a 'pay rise' today. Millions of pensioners will receive as much as £470 more a year added to their State Pension from today because of the pensions Triple Lock. The Triple Lock – which guarantees that the State Pension increases annually by the highest of inflation, average earnings growth or 2.5% – means the basic and...

EIOPA launches liquidity stress test of European pension funds

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its fifth stress test of European occupational pension funds, assessing the impact of two adverse economic scenarios on the liquidity position of IORPs and the overall sector. The two scenarios simulate sharp increases and declines in interest rates, respectively. “In the ‘yield curve up’ scenario, EU interest rates increase sharply as market participants anticipate economic developments related to the abrupt escalation of geopolitical tensions,” said EIOPA. “These geopolitical tensions cause disruptions in...