Plan Design & Plan Adequacy
The boomer generation has just entered retirement. Population aging paired with a prolonged low interest rate environment has put the sustainability of pension arrangements in many Western countries under pressure. Moreover, future demographic changes may have a significant impact on capital markets, labour markets and long-term economic growth. Consequently, sustainable pension plan design that maintains pension income adequacy and meets comfortable retirement income targets is top of mind for the NPH.
Impacts of Demographic Change on Individual Consumption Behaviour & on Financial Markets
Sustainable Pension Design
Retiree Saving Adequacy