Grading Asia’s pension systems, China and Japan get a ‘D’

By Jame DiBiasio | 20 October 2009
Keywords: mercer | retirement | pension systems | china | japan | singapore | cpf
Subscriber Content Preview.
Subscribe now for full access or call us now on +852 2122 5222.

Singapore ranks highest in Asia in a judging of global pension systems and their ability to support ageing populations, according to consultants Mercer.

Mercer has launched a pilot index of global pension systems covering 11 countries, in which China and Japan scored lowest, getting the equivalent of a 'D' grade. (This follows another recent indexing of sustainable investments in Asia.)

That means their systems suffer from major weaknesses or omissions that prevent them from coping fully with an unprecedented ageing population.

The good news is that no global system is failing, says Tim Jenkins, Asia-Pacific head of Mercer's retirement, ...

To continue reading this article, subscribe now or call us now on +852 2122 5222.
You need a subscription to view this article
Articles older than 48 hours are available to subscribers only.

Log in below or buy a subscription to enjoy unlimited access to AsianInvestor.net's quickly growing 7,000 article database.
 
 
 
Polls
What trend should we focus on in the next AsianInvestor/FinanceAsia debt investor conference?



   |   View results
The rapid development of the renminbi-denominated debt market
  62%
 
The fallout from the European sovereign-debt crisis
  12%
 
The pipeline of Indonesian bond issuers
  10%
 
Mainstreaming of sukuks for global and non-Islamic investors
  16%
TOTAL VOTES: 50

 
WEBCASTS
On Demand Webcasts
Magazine
Asian Investor Magazine
AsianInvestor
July, 2010