Fund managers are pushing for Rodrigo Duterte's new government to set up a defined contribution scheme, but others are not convinced about such a move.
Defined-benefit schemes must boost returns to meet their liabilities, and they plan to do so by strengthening their investment and risk management resources.
Like some of its big rivals, the bank has repositioned its securities services arm, appointing a new head in Asia and putting more emphasis on collateral and clearing, and on cross-selling opportunities.
The former minister for superannuation in Australia, Nick Sherry, urges Taiwan and the rest of Asia to look no further than Canberra for clues on how to drive development in pension systems.
The exchange acknowledges the need to revisit its closing auction mechanism, raising the hopes of traders and brokers.
Consolidation is inevitable among exchange-traded fund providers that don't attract sufficient volumes to turn a decent profit, argue fund managers.