As U.S. retirement savings falter, Jamaica’s reliance on property, family support, and informal income exposes…

Older Jamaicans and returning residents investing retirement savings in property face a heightened risk of fraud. Scammers who target this demographic exploit trust, unfamiliarity with current market prices, and the urgency that buyers feel when they want to settle before losing mobility or health. Understanding the tactics used and the legal protections available is essential.

Pension fund trustees in Jamaica have directed retirement savings into property investments that were fraudulently structured, overvalued, or connected to parties with undisclosed conflicts of interest. This report examines how these abuses occur and what FSC oversight is designed to prevent them.

Jamaica’s international borrowing costs fell to record lows in 2017 as the IMF confirmed the country had met every target under its economic adjustment programme — a milestone reflecting years of painful fiscal discipline. But the same season that burnished Jamaica’s credentials on global bond markets also laid bare the fragility of Caribbean economies to climate shocks, with Hurricanes Irma and Maria devastating neighbouring islands. For ordinary Jamaicans, the picture is one of real, measurable progress built on difficult sacrifices, with the benefits of stability still taking time to reach daily life.

An Auditor General’s performance audit of Jamaica’s National Insurance Scheme has exposed deep failures in how pension payments are made, tracked, and recovered — leaving tens of thousands of elderly Jamaicans exposed to a system riddled with uncheck