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Showing 1 - 10 of 19 results for "Global Pension Index"

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... each from their super could retire with about $195,000 less in today's dollars. A Mercer study of its Global Pension Index found countries that allow early access to retirement savings for housing did not have higher rates of home ownership than ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
... the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth, coming in behind Netherlands, Iceland, Israel and Denmark, all of which received an A grade. ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
Australia's retirement system has been awarded a B+ by Mercer and the CFA Institute in their 2022 Global Pension Index, ranking sixth overall for the second consecutive year. The index covers 44 retirement systems around the world, measuring them on ...

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... scored highly for its integrity and sustainability, according to a global study. The Mercer CFA Institute Global Pension Index this year graded Australia a B+, slightly better than the B it received in 2020. Australia achieved an index value of 75 overall ...

Super needs improvement: Report card

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... global study, which rated the $3 trillion superannuation industry a 'B'. The Mercer CFA Institute Global Pension Index ranked Australia fourth out of 39 countries in its annual study, trailing behind the Netherlands and Denmark, which received ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... post-tax replacement benchmark used by the Organisation for Economic Cooperation and Development and the Mercer Global Pension Index to determine how much is needed in retirement." Grattan said workers on median incomes who withdraw the full $20,000 ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... markets. In Chile -- which has the tenth best pension system in the world, according to Melbourne Mercer Global Pension Index -- the central bank has allowed four of its five public pension funds to increase their investments in riskier assets. Meanwhile ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... improvement, according to Mercer's latest rankings of global pension systems. According to the 2019 Melbourne Mercer Global Pension Index, Australians enjoy the third best retirement system in the world, up a single place from 2018. The report - which ...

Australian retirement system weakens

JAMIE WILLIAMSON  |  MONDAY, 22 OCT 2018
... economically sustainable is diminishing. Australia has slipped down the ranks of the annual Melbourne Mercer Global Pension Index to fourth place. With a score of 72.6, Australia has been bumped from third place by Finland (74.5) and just managed to ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... earnings, which is used by Organisation for Economic Co-operation and Development (OECD) and Melbourne Mercer Global Pension Index, does not reflect the experience of individual retirees as they age, though it is useful for comparable system-wide view ...
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