Mercer CFA Institute Global Pension Index 2020

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      <subfield code="a">Mercer CFA Institute Global Pension Index 2020</subfield>
      <subfield code="c">published by Mercer, in collaboration with CFA Institute, who provides some of the funding, and the Monash Centre for Financial Studies. Financial support is also provided by The Finnish Centre for Pensions</subfield>
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      <subfield code="a">The provision of financial security in retirement is critical for both individuals and societies as most countries are now grappling with the social, economic and financial effects of ageing populations. During 2020 these issues have been accentuated by the COVID-19 pandemic, which is further discussed in Chapter 4. But is not only COVID-19 and ageing populations that represent challenges for pension systems around the world. The current economic environment with historically low interest rates, an economic recession in many countries and reduced investment returns are placing additional financial pressures on existing retirement income systems.</subfield>
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