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Life’s lessons can be applied to pension reform

The UK’s London Pension Fund Authority issued a green paper this week outlining the key ingredients needed to build a better scheme and its successful implementation by 2015. In all corners of the world building a better pension scheme is on the agenda. What then are some of the universal principles for success that all funds can adopt regardless of geography?

Dutch shake up pension system

The Dutch Government, some unions and employers have agreed on a deal to radically reform the Dutch pension system, with the formerly defined-benefit scheme edging towards a more hybrid defined-contribution arrangement.