Grading AsiaÆs pension systems, China and Japan get a æDÆ

Mercer has launched a pilot index of global pension systems covering 11 countries, in which China and Japan scored lowest, getting the equivalent of a 'D' grade. (This follows another recent indexing of sustainable investments in Asia.) That means their systems suffer from major weaknesses or omissions that prevent them from coping fully with an unprecedented ageing population. The good news is that no global system is failing, says Tim Jenkins, Asia-Pacific head of Mercer's retirem…