Summary
Key points
Warnings over a looming pension crisis occur with increasing regularity. Global populations are not only ageing, they are also shrinking in many regions. The number of workers is declining in Europe and parts of Asia, living costs are rising and wages are stagnating.
Set against a backdrop of extraordinary global uncertainty, this demographic transition is putting pressure on retirement systems around the globe. At the same time, the world struggles to keep the goal of carbon neutrality by 2050 alive.
In this edition of Amundi’s Pension Funds Letter we dig deeper into some of the elements underlying these concurrent challenges and the steps being taken to overcome them; the evolutions in responsible investment, the behavioural factors limiting retirement savings and the pension reforms introduced to address Europe’s demographic challenge.
Discover all the articles in this edition:
- Responsible Investment Pension Fund Outlook
- Overcoming barriers to retirement savings: behavioural factors and existing schemes
- Eurozone Pension Systems: a health check
- Market risks are increasing, but funding ratios remain comfortable
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