Asia-Pac pensions debate burning issues
Some of the region's biggest social-security and pension funds convened in Sydney this week to discuss topics such as overseas investing and annuity provision.
Asia-Pacific retirement funds remain concerned about the challenge of raising their growing foreign allocations, said top pension and social-security executives in Australia this week at a forum organised by Citi.
Asian pension funds in particular are also worried about how to provide a sufficient income for retirement, and the issue of annuities was heavily debated, says Vanessa Wang, Citi’s Asia-Pacific head of pension services.
The entities present – which between them manage…
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