UK knocked out of global top 10 for pensions; System downgraded to C+ from B
The UK’s pension system has “major risks and/or shortcomings” which need to be addressed to improve its sustainability, according to the Melbourne Mercer Global Pension Index (MMGPI).
The index, which is a joint venture between Mercer and the Australian Centre for Financial Studies, assess 27 national pension systems on their adequacy, sustainability, and integrity. In the MMGPI,...
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