Retirement Income Security – For Young & Old

The question of an official retirement age is one that crosses borders as societies grapple with issues of increased longevity and a wave of boomers crossing the retirement threshold. In Switzerland voters cast their ballot on whether or not to raise the official retirement age for women to 65, rejecting it by a 53-47...

The new Irish pension scheme being proposed by Taoiseach Leo Varadkar will, it is understood, be a three-part system, writes Elaine Loughlin for the Irish Examiner. “While the full details of the scheme will not be announced until later in the year as part of a wider national pensions plan, it is understood...

Ontario has a new chair of the Financial Services Tribunal, with the government appointing Ian McSweeney to the position. The tribunal is an adjudicative body that holds hearings on decisions of the Superintendent of Financial Services for Ontario. McSweeney “will also serve as the Chair of the Financial Services...

The largest public pension system in Ohio is eyeing cuts to cost of living allowances to retirees in a bid to “shore up the long-term finances of the fund,” writes Laura A. Bischoff for the Dayton Journal-News. The cuts would impact a million current and future retirees, she writes. “Ohio Public Employees Retirement...

The government of France has appointed Jean-Paul Delevoye to the position of high commissioner for pension reform in accordance with its commitment to reform the country’s pension system, writes Susanna Rust for Investment & Pensions Europe. The commissioner will be responsible for organizing “consultations with...

Teachers from the West Kentucky region rallied in downtown Greenville to voice their concern about a proposal to move public sector workers, including teachers, from a pension to a 401 (k) savings scheme, writes Paige Hagen for 14News.com. “Teachers work their whole career, and for very little pay, expecting a...

The increase in the age at which British woman can access the state pension, designed to bring it in line with men, only worsens their retirement insecurity, writes Anna Sofat for BT.com. Women, on average, earn less than men during their working careers, take more time off to tend to family matters, and generally...