Netherlands Tops Global Ranking for Pension Systems
-
The Netherlands has the top pension system globally according to a Mercer report, with Iceland and Denmark ranked 2nd and 3rd. Most European countries score well.
-
The report assessed pension systems on benefit levels, sustainability, and governance. Systems in France, Spain, Italy, and some other countries need improvements.
-
Pension systems face pressures from inflation, interest rates, and geopolitical uncertainty affecting returns. Populations are aging in many countries.
-
The report recommends strengthening asset-backed pensions over pay-as-you-go ones to make systems more resilient.
-
AI could improve pensions by cutting costs and identifying risks, but unlikely to accurately predict markets. Risks include fake information and cyber attacks.