Technical Feature - Pensions: Before the Age Wave Crashes
Source: Asia Insurance Review | Nov 2007
South Korea is on the brink of profound demographic change — an “age wave” of staggering size that has far-reaching implications for the continued well-being of its society. With the lowest fertility rate and one of the highest life expectancies of any nation, Korea is on the fast track to becoming one of the oldest countries in the world. Mr Stuart Solomon, President and CEO of MetLife in Korea, talks about the three Ps of pension restructuring in the country and why reforms will be crucial before the age wave crashes.
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