Global trends on the ageing workforce

AmBank Group chief economist Anthony Dass, Norway has the highest average age of retirement, with people in the country retiring between 62 to 75 years, depending on the earnings-related benefits and pensions.

WITH a rising global ageing population, the official age of retirement is edging upwards in most developed countries.

The move is driven by a need to sustain labour productivity and support senior employees who want to work longer in order to improve their financial position during retirement phase.