EY pensions head proposes new global body
The $100 trillion in pension assets must reach at least $500 trillion in the next decade, but the industry is highly complacent on the issue, says Josef Pilger, co-author of a recent EY report.
Systems for retirement provision globally are too cumbersome and outdated to achieve their objective, and in some cases their goal is not even clear, according to a pensions specialist.
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