Asia pensions seen driving regional insto asset growth

Asia’s pensions sector is set to lead the region's institutional asset growth over the next few years as governments pick up the pace on reforms to bolster retirement savings. With the viability of current pension systems threatened by huge demographic shifts to older populations across much of Asia, governments in the region are also likely to hasten the development of a robust three-pillar pension system -- comprising private pensions as well as state handouts and company scheme…