Insurance for a better world

Research Topics document front page

Publication Date: 16th November 2016

There is a dynamic and ongoing improvement in life expectancies that is not currently accounted for in the social pension systems designed to provide financial security in retirement. At the same time, fertility rates have dropped to historically low levels in most countries resulting in too few workers being available to support the increasing number of retirees in pay-as-you-go (PAYG) pensions systems.

This summary accompanies the research report The Pension Gap Epidemic, which explores possible solutions to mitigate this growing challenge and highlights the potential role of the private sector in addressing it. Adequate solutions will require a concerted effort (and perhaps compromise) from governments, corporations and individuals alike. No single stakeholder can address this challenge alone. The report also provides an holistic overview of a series of other steps that address the challenge created by this otherwise remarkable human achievement.

Read the full report: The Pension Gap Epidemic

Or access the press release: The Geneva Association highlights challenges and solutions to global pension gap epidemic