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.
TOPICS:
Impacts of Demographic Change on Individual Consumption Behaviour & on Financial Markets
Sustainable Pension Design
Retiree Saving Adequacy