An ageing population means its time to rethink pensions in the Gulf

Pension reform during much of the 20th century was heavily focused on allowing the elderly to enjoy financial security after their working lives had ended. Western nations, as well as regions such as the Gulf Cooperation Council countries, spent decades building up increasingly comprehensive pension systems that typically provided significant incomes for those enjoying a well-deserved rest after decades of work. Read also German government prepares Aktienrente bill But changes in demography in richer countries is altering assumptions that were once...