Beijing faces huge hurdles to developing a retirement benefits system, and it does not help that the private sector is giving "dangerous" advice, argues consultant Stuart Leckie.
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Lou Jiwei, previously China’s finance minister and former chair of China Investment Corporation, has another big job ahead of him – at the National Council for Social Security Fund.
Despite concerns over bad loans and economic challenges, there is an incentive to support China’s transition to consumption-driven growth as the world is reliant on its success, experts agree.
The Malaysian pension fund and the Canadian insurer's Philippine unit agree that Asian debt is a riskier investment than in the past. So what alternatives are they looking at, if any?
The chairman of Stirling Finance, Stuart Leckie, says China’s social security ministry should offload some responsibilities, adding officials need more training.
The National Social Security Fund's overseas allocation, which stands at around $1.6 billion, can increase from 3% of the fund to 20%.
