Tag : china pension system

Although a three-pillar pension system has been established in China, the country is in urgent need of more drastic changes as its population ages and declines.

Official implementation framework announced this month expands investible universe for China’s private pension scheme, allowing more products and fund managers a slice of the trillion-dollar market.

China's ageing - and soon-to-be declining - demographic is requiring fast track reform from regulators to keep pace, particularly in term of private pensions.