pensioners

The Greater Manchester Mayor is set to use his Labour conference speech to signal support for ending the state pension triple lock, according to the Telegraph. The guarantee, which raises the state pension by the highest of inflation, earnings growth or 2.5%, has become increasingly costly. Any move against it by a senior Labour figure is likely to spark a row over pensioner protections within the party.

French attention is turning to how pensions will be revalued in 2027. According to La Tribune, the government is expected to favour scrapping the 10% tax allowance on pension income rather than adjusting indexation rules, as ministers look for ways to fund or offset the revaluation. The debate matters for millions of retirees, since changes to the abattement would reduce net pension income for many households.

A university student has spoken out about ongoing strikes by university staff, saying the walkouts are disrupting education in ways 'not what we signed up for'. The comment highlights growing frustration among students caught in the middle of disputes over pay, pensions and working conditions between academic staff and university employers, as teaching is cancelled and coursework delayed during industrial action.

The Indian central government will release salaries and pensions on September 25, ahead of schedule, because of an approaching bank strike. Employees and pensioners will receive payments earlier than the usual end-of-month date. The move is meant to ensure people get their money before bank services are disrupted by the industrial action announced by banking sector unions.

A bank strike is expected in India in 2026, and banking unions are preparing so that customers receive their salaries and pensions before the strike begins rather than during the shutdown. Reports advise account holders to note the adjusted payment date and plan withdrawals, bill payments and other transactions around the days when branches and services may be closed.

Institutional investors raised $190bn for private credit funds, a 53% jump, even as retail-facing private credit products face turmoil and redemptions. The figures suggest large allocators such as pension funds and insurers are leaning further into direct lending and credit strategies, even as retail channels come under strain. Commenters in asset management circles are weighing what the divergence means for the market's next phase.

Pension investors are developing a climate-risk model designed to assess individual stocks, allowing funds to measure the exposure of specific holdings rather than portfolios in aggregate. The initiative reflects growing pressure on institutional investors to account for climate risks in their equity selections. Details of which pension funds are involved, or the model's timeline, have not yet been disclosed.