ASIA - The pensions industry in Asia may be spared of the "pensions time-bomb" facing other developed markets due to positive demographics and a propensity to save. According to Justin Pascoe, Asia ex-Japan CIO at State Street Global Advisors (SSgA), the region has seen a number of important developments over recent years which sets it in good stead for the future.
He said Singapore has its central provident fund, Hong Kong started a similar vehicle - the mandatory provident fund - in about 2001, pension reform is gaining momentum in places like Taiwan and Ko...
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