PENSION AND RETIREMENT MANAGEMENT
The Global Economic crisis has resulted in large losses and shortfalls in pension and retirement schemes, which, has placed huge pressures on Corporate and Government balance sheets. Several countries have a significant share of savings earmarked for retirement either through private individual savings plans or via Government pension funds. But despite rising savings rates, numerous gaps exist in private and public retirement plans and finances.
Furthermore, ageing populations in many countries are creating a significant pension burden that will require innovative and radical asset/ liability management strategies for years to come