Our Scans · (FS.6.06) Personal Finance · Weekly Summary

• [New] Over the longer term, women are projected to inherit roughly 70% of the US$ 124 trillion Great Wealth Transfer by 2048, materially reshaping demand across advice, protection and retirement income. / USA State Street
• [New] The US faces a 2026-2027 retirement surge while roughly half of retirees report lacking a withdrawal plan, underscoring the need for protective defaults that are easy to adopt. State Street
• [New] Pennsylvania passed a law, effective in 2027, requiring high school students to take a personal finance course. The Philadelphia Inquirer
• [New] Analysts expect tokenized assets to reach double-digit trillions of dollars by 2030, covering private credit, debt, funds, treasuries, invoices, and equity-like instruments. Blockchain Council
• [New] The OASI retirement trust fund will go insolvent in 2032, compared to 2033 in last year's report. Committee for a Responsible Federal Budget
• [New] The state of Washington will trail close behind California in 2027 with a minimum wage of $17.13. The Guardian
• [New] While Portuguese labour laws provide a strong baseline, including a €920 monthly minimum wage in 2026, a truly ethical partner will have clear policies on overtime, workplace safety, and harassment. Athleisurebasics
• [New] Introducing an Australian-inspired retirement system in the U.S. would likely require employers to make retirement contributions nationwide, whatever the contribution rate might be - possibly ranging from 5% to 12% of wages. Newsweek
• The Mortgage Bankers Association expects the 30-year mortgage rate to remain between 6.4% and 6.5% through the remainder of 2026, while Fannie Mae predicts rates will average 6.3% by year-end. ECIKS.org
• Mortgage rates will be rangebound this week, as data showing inflation has cooled offsets higher oil prices as the war in Iran reignites. Bankrate
• With no rate cut catalyst on the 2026 calendar, the 10-year Treasury and the mortgage spread will move investor rates more than the next Fed meeting will. / USA American Heritage Lending
• A popular District of Columbia restaurant and nightclub will pay $243,350 to settle charges that it harmed employees by violating wage and hours laws. Insurance Journal
• The looming insolvency of Social Security's retirement program will lead to a 22% benefit cut when today's youngest retirees turn 68, growing to 38% by 2100. Committee for a Responsible Federal Budget
• If Social Security's retirement trust fund was theoretically combined with the Social Security disability fund, beneficiaries would face a 17% benefit cut just two years later in 2034, growing to 35% by 2100. Committee for a Responsible Federal Budget
• Nearly 39% of China's population will be of retirement age. Medium
• The Mortgage Bankers Association's Refinance Index is up 17% compared to a year ago - a sign that more homeowners are finding opportunities worth acting on. Nuvision
• Mortgage rates track the 10-year Treasury yield and mortgage-backed securities, which move based on what investors expect about future inflation and Fed policy - not the Fed funds rate directly. Fairway Home Mortgage - Metrolina Fairway
• SINGAPORE - Lower-wage outsourced workers such as cleaners, security officers and landscape maintenance workers will enjoy more annual leave from 2029, when the minimum leave entitlement will be increased from seven to 10 days. ST
• The Retirement Living Council's 'Shared Care' pilot program will demonstrate that retirement villages can help alleviate pressure on the health system while allowing older Australians to receive care in the communities they love. Mirage News
• Single-family mortgage originations will jump 24% this year to $1.96 trillion, including both home purchases and refinancing. ICBA.org

Last updated: 03 August 2026