Netherlands still tops, but ongoing world-wide pension reform still needed

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GLOBAL - The Netherlands, Australia and Switzerland have the world's best pension systems in terms of adequacy, sustainability and integrity, but all 16 countries surveyed in the 2011 Melbourne Mercer Global Pension Index are under stress from economic and political strains and require "ongoing" reforms to guarantee robust arrangements to support their aging populations.

"We're all living longer and we need for governments to react to that," said David Knox, Mercer senior partner and author of the report. "There is an associated need to encourage people to work lon...

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