The Hon Tim Pallas MP
The Treasurer of Victoria, Australia
The Victorian Government is one again pleased to support the 2015 Melbourne Mercer Global Pension Index. In its seventh year, the Index is testimony to a constructive partnership between government, industry and academia, who together provide valuable insights on pension systems around the world.
The Index now spans a broad cross-section of countries across the Americas, Europe, and the Asia-Pacific. Accordingly the Index is incraesingly relevant in the current global policy context, as governments seek to secure and sustain long-term economic resilience in the face of complex fiscal pressures.
With 110,000 skilled professionals working across the sector inVictoria, Melbourne is home to six of Australia’s top twelve pension funds as well as the AUD 116 billion Future Fund. As Asia Pacific continues to experience significant growth, and as individual economies become more discerning in their preferences for financial services and funds maangement, Melbourne’s financial services capabilities, regulatory structures and investment leadership position the city well to capitalise on this increasing demand.
The Index is the preeminent publication of its kind and affirms Melbourne’s global standing as a location for pension funds management as well as our capacity to underake internationall regarded financial services research, tapping into expertise found across institutions like the Australian Centre for Financial Studies, the CSIRO-Monash Superannuation Research Cluster, and the Melboune APEC Finance Centre.
I commend the Australian Centre for Financial Studies and Mercer on their excellent work in producuing the 2015 Melbourne Mercer Global Pension Index , and encourage the industry to use it as a basis to further explore cooperative investments and to promote industry and international best practice.
Tim Pallas MP
Download the 2015 Melbourne Mercer Global Pension Index