Industry Analysis & Industry Trends
The Global Pension Funds industry is becoming the primary means for meeting the retirement requirements of an aging global population. Governments are gradually shifting the responsibility of pension provision from the state to the individual as the resources of the public pension system are stretched. Governments are using tax incentives to encourage people to make pension fund contributions and, in some cases, are moving to occupation-based compulsory systems.
The continuing privatization of pension provision is accelerating growth in pension fund contributions and, thus, pension fund assets (i.e. pension reserves). As the value of pension fund assets grows, so does the size of investment revenue (i.e... read more
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Heavy regulatory requirements
Extensive legislation mechanisms and prudential standards have been enacted by governments as a means to guard against the possible failure or collapse of pension funds. This is because the potential economic and social effects of a mass-failure of a country's pension system would be drastic. Therefore, it is the longer-term interests of governments and their citizens to guard against any such failure... read more