China posted gains across all three subindexes Mercer and its new partner from last year, the CFA Institute, evaluate to determine each country's global pension index ranking. "The U.K. pensions system is in a much-improved position from last year," noted Tess Page, partner and trustee leader at Mercer. There are a number of actions that employers, trustees and the government could take to help improve the U.K. system and deliver better long-term retirement outcomes, Ms. Another strategy would be to reduce pre-retirement leakage by limiting access to funds before retirement, Mercer said. Meanwhile, the Mercer CFA Global Pension Index, in a news release, called for urgent reform to address a gender pension gap globally that has worsened since the onset of the coronavirus pandemic last year.

Source: The China Post January 01, 1970 00:00 UTC