#ALFIEAM19 in quotes

“Incredibly little is known about pensions.”

People don’t like to think about pensions and don’t even know if they have a pension, says Axel Börsch-Supan (Director, Munich Center for the Economics of Aging) as he speaks to the conference audience about global demographics and the challenge of pensions. Pensions coverage is much higher where default schemes exist, and can be improved by replacing opt-in schemes with opt-out schemes.