Japan’s retirement system is in need of drastic change, but is the gradual shift to defined-contribution plans just a cop out?
Market experts told the audience of the Thailand Global Investment Forum that financial technology could improve investing advice and wean investors away from fixed income funds.
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.
Mike Ferrer, managing director of ATR Kim Eng Asset Management, wants to put defined-benefit scheme reform on President Rodrigo Duterte’s agenda.
Eligible asset managers must submit applications by October 31 under the new public pension fund scheme, with the chosen firms to be announced by the end of the year.
Asia-Pacific pension assets expanded slightly last year amid an overall global decline, with China ranking first by five-year growth in dollar terms, finds Willis Towers Watson.