HK leads improvement among Asia pension systems

Asia’s pension systems are slowly closing the gap in quality gap versus their global peers, but they have a lot more work to do – and asset owners can play their part in driving the process, says Janet Li, Asia wealth business leader at Mercer. Governments should focus on adequacy of provision above all, judging by Hong Kong’s improvement this year in terms of retirement provision. The Chinese territory jumped up the ranking to 61.9 in the 2019 Melbourne Mercer Global Pension…