Pension regimes struggle to gain trust of workers, says OECD
People remain slow to trust pension promises, a new OECD report has found. Low investment returns on pension savings, less stable employment structures, low economic growth and the fact that people are living longer have all eroded belief that pensions “will deliver on their promises once workers reach retirement age”, the OECD Pensions Outlook 2018 reports. Poor pension coverage among some workers has also contributed to this scepticism. “People are also concerned about whether the institutions managing their retirement savings in funded...