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Tag: bankrupt pension system

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  • Woes of bankrupt pension system

    Woes of bankrupt pension system

    The bankruptcy of public pension funds is an issue worldwide. According to a recent study conducted by Allianz, pension systems in most Asian countries are “fragile and unstable.”  Hong Kong and Singapore are the only countries in Asia to rank within the top 20 nations worldwide for pension sustainability. Western countries face the same problem. There …

    September 2, 2016