Just like last year, the top spots will go to Iceland, the Netherlands and Denmark. Switzerland is again in eleventh place and thus belongs to the top third of the 44 countries surveyed. This is evident from the “Global Pension Index 2021” published on Tuesday by consultancy firm Mercer, trade association CFA Institute and Monash University.
The Swiss pension system performs above average in the three main categories examined: “Integrity”, “Sustainability” and “Suitability”. The authors see opportunities for improvement through raising the retirement age, higher home ownership and better investment governance.
The worst result was achieved by Thailand’s pension system. Argentina, India, Indonesia, the Philippines and Turkey also belong to the lower ranks.
In the middle are the US, Spain, the United Arab Emirates, Germany, Hong Kong, Malaysia, New Zealand and Portugal.
(SDA)