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Keywords: Pension


German coalition unveils reform package featuring €10 billion tax relief and pension changes

Germany's ruling coalition has announced a broad package of economic and social reforms aimed at boosting growth, easing pressure on households and addressing housing shortages, as Chancellor Friedrich Merz faces mounting political challenges. The measures include €10 billion ($11 billion)......

Germany considers raising retirement age to 70 amid pension system pressure

Germany is reportedly exploring far-reaching reforms to its pension system, including a potential gradual increase in the retirement age to as high as 70, as policymakers seek to address mounting financial pressure caused by demographic change. A government-appointed expert commission, established under......

Mustapha Lahboubi appointed head of CDG savings and providence division

Morocco’s Deposit and Management Fund has appointed Mustapha Lahboubi as head of its Savings and Providence division, a central unit responsible for managing key national retirement and regulated savings schemes. The appointment took effect on June 1 and marks a leadership change within one of......

Temasek, LIC and Canadian pension fund prepare stake sales in NSE IPO

Global investors are positioning themselves for a major financial event as India prepares the initial public offering of its leading stock market operator, the National Stock Exchange of India. The listing is expected to attract significant attention due to the scale of the exchange and the number of......

UK bond selloff triggers limited pension fund cash calls

A recent selloff in UK government bonds has led to a limited number of pension funds being asked to provide additional cash to support their hedging strategies, according to financial advisers. However, the impact appears far less severe than the market turmoil experienced in 2022. The decline in bond......

Dutch pension fund slashes US holdings, calls America unreliable ally

The Dutch pension fund PME, overseeing 60 billion euros in retirement savings for metal and technology sector workers, revealed plans on Thursday to ramp up investments in European assets and significantly cut back on US exposure. PME leaders declared that the United States is no longer the dependable......

French senate blocks suspension of pension reform

France’s Senate has voted to strike down a provision in the 2026 Social Security Financing Bill that sought to temporarily halt the government’s contentious pension reform. The measure would have pushed the planned rise in the retirement age to January 2028, but lawmakers rejected the suspension......

Lecornu survives no-confidence votes as pension reform put on hold

French Prime Minister Sebastien Lecornu survived two no-confidence votes in parliament on Thursday, securing critical support from the Socialist Party after agreeing to suspend President Emmanuel Macron’s contentious pension reform until after the 2027 presidential election. The motions, brought......

Macron threatens to dissolve parliament as Lecornu faces no-confidence votes

French President Emmanuel Macron has issued a stark warning, stating he will dissolve the National Assembly and call for new elections if Prime Minister Sébastien Lecornu’s government is ousted by a no-confidence vote. The announcement comes as Lecornu, just days into his tenure, faces mounting......

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