SEC Thailand executives have praised the new National Pension Fund bill but believe further reforms are necessary to boost asset diversification and investment returns.
The long-standing mandatory defined contribution scheme can improve upon existing schemes by introducing new measures, a Securities and Exchange Commission executive said.
Delegates from some of Thailand's biggest institutional investors were among the audience for a major forum in Bangkok.
The secretary-general of Thailand's Securities & Exchange Commission, Rapee Sucharitakul, says more competition and a wider variety of investment products are the way forward.
Thailand signed up to the cross-border scheme this week, AsianInvestor can reveal, but the head of the local securities watchdog says take-up may be slow, at least initially.
CSRC chief’s job at risk; HKMA fines Indian bank; FSB delays risk assessment protocols; Asic sees strong fintech progress; and SEC to enforce pay ratio disclosure.