Malaysia's retirement scheme third in Asia


KUALA LUMPUR: Malaysia’s retirement system has been ranked third in Asia and 23rd globally despite a slight decrease in the country’s overall index value from 60.1 in 2020 to 59.6 in 2021, the 13th annual Mercer CFA Institute Global Pension Index (MCGPI) revealed.

The study of 43 retirement income systems across the globe, which measures each retirement system through three weighted sub-indices (adequacy, sustainability and integrity) includes four new systems - Iceland, Taiwan, UAE and Uruguay.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Pension System , MCFS , CFA Institute

   

Next In Business News

JPMorgan strategist calls latest rally bear market trap
Macquarie eyes possible record annual profit on energy volatility
Vanguard set on bigger slice of Aussie pensions
Activision Blizzard bookings beat estimates
SMRT proposes to acquire remaining stake in NTS for RM72mil
MNRB records higher 3Q net profit of RM71.23mil
Ringgit ends lower as US non-farm payrolls shocks Asian foreign exchange
Willowglen secures RM11.92mil contract in Singapore
RHB revise upwards 2022 GDP growth forecast to 8.5%
Aemulus posts net loss of RM4.8mil in 1Q

Others Also Read