A very good short documentary on the funding problems in pensions today because of ageing demographics and lower than originally expected investment returns available in the market. Some good examples of how some public and private pension schemes are now evolving to address these challenges.
In September 2016 Aviva published a report called – Mind the Gap – Quantifying the Pension Savings Gap in Ireland. Our problem is a change in demographics with an ageing population with a longer life expectancy coupled with a pension coverage in the population in 2016 of only 46.7% and lower investment returns than previous decades. Other countries have similar …