Rethinking Asia’s Retirement Systems

It’s high time to rethink retirement and the burgeoning gaps in Asia’s pension systems. The new Pension Sustainability Index (PSI)*, published in a recent Allianz study, shows that Asia ranks poorly. Only two Asian countries – Hong Kong at No. 16 and Singapore, No. 19 – are in the global top 20 and several of its largest economies are near the bottom. The latest results highlight not only unsustainable and fragmented pension systems but also unfavorable demographic developments in many parts of the region.

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