Pensions
Netherlands Ranks 1st Among 47 Global Pension Systems
The 2023 Mercer CFA Institute Global Pension Index ranked pension funds around the world on adequacy, sustainability and integrity; the US got a C+.
New data and economic forecasts predict a soft landing, but investors may need help navigating higher inflation and hard-to-predict costs.
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
Positive asset returns, combined with rising bond yields, helped boost pension funds’ solvency.
Kruse had worked at Willis Towers Watson for more than 15 years before joining Mercer in 2021.
COVID, growing shift to OCIO and other factors fueled ’Great Resignation.’
The Netherlands and Denmark round out the top three for the second straight year.
Market conditions could push some plan sponsors to consider risk transfers sooner, but funded status remains a key concern.