Asia in the Ageing Century: A New Boom in Retirement Planning

Many populations across Asia are ageing more rapidly than those in Western countries, yet the development of viable retirement income systems is lagging behind. A new report from the ARC Centre of Excellence in Population Ageing Research (CEPAR) at the Australian School of Business notes that large parts of Asia could benefit from Australian expertise in retirement planning. And providing solutions may offer Australia a new economic boom in financial and insurance services as it assists the region to advance. “Getting a retirement income system right could result in favourable macro-economic rebalancing of growth,” says CEPAR research fellow and report co-author, Rafal Chomik.