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Melbourne Centre for Financial Studies (MCFS), along with Mercer, is proud to release the Melbourne Mercer Global Pension Index. The Global Pension Index compares pension and superannuation systems from 11 countries. The study highlights the merits of public and private systems, and their capacity to meet the long-term retirement needs of each country’s population. Acknowledging that the differences in each country that will make the Global Pension Index controversial, the 11 countries have been chosen to provide a robust comparative sample of well established and emerging systems. The countries included are: Australia, Canada, Chile, China, Germany, Japan, the Netherlands, Singapore, Sweden, the UK and the United States. The Global Pension Index is constructed from three sub-indices: benefits, sustainability and integrity. The data is drawn primarily from OECD and other official sources, and is supplemented by in-country data collected and validated by an international network of Mercer pension specialists. MCFS has brought together a group of senior industry and academic experts to oversee the study. Input was also sought from the World Bank, the OECD and the International Centre for Pension Management at Rotman University in Canada. The Global Pension Index is expected to stimulate debate and research activity among policy makers, regulators and the funds management community globally. Click here for a copy of the Index.
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