For members, this new system may mean better returns and less risk of bad decisions, but also a reduced sense of control. For the industry, the next few years will be ones of technical adaptation, communication with clients and adjustment of investment models.
Progress is being made in an eventual reform of the pension system, but there is still work to be done to ensure its long-term success.
The number of savers with more than US$1 million in their voluntary savings accounts soars.
As usual, the Nordic nations are at the top of the annual Natixis ranking.
Few economists expected those who opted to retire during the pandemic to return to the workforce. But this year, according to The Economist, the trend has reversed.
The WEF proposes new factors to consider in the analysis aimed at striking the difficult balance between providing better pensions to those who need them most and maintaining sustainable fiscal spending.