Growth assets of pension funds and pension system's adequacy and sustainability

MMGPI 2018

Pension funds around the world follow different strategies in asset allocations.  While there is not a single optimal asset allocation formula that would apply in all circumstances, it is worth considering whether various asset allocation strategies of pension funds contribute differently to the level of adequacy and sustainability of the pension systems.

This report focuses on the following key questions:

  1. How does asset allocation policy of pension funds contribute/link to the overall adequacy and sustainability level of the pension systems?
  2. Is there a trade-off between adequacy and sustainability of pension systems?

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