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Article: `Take cue from private pension funds overseas'
- Article from:
- New Straits Times
- Article date:
- July 25, 2009
- Author:
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Jeeva Arulampalam
New Straits Times
07-25-2009
`Take cue from private pension funds overseas'
Byline: Jeeva Arulampalam
Edition: Main/Lifestyle
Section: Business Times
Type: News
GUIDELINES on funds' returns, asset allocation and cost to investors are some of the key issues which must be addressed by the Securities Commission (SC) as it draws up the framework surrounding the private pension fund initiative to be launched next year.
The regulator may want to take a cue from other private pension schemes established in markets such as the US, Australia, Chile and Denmark.
Take, for example, Chile. It has been a leader in privatising its retirement income system and has inspired many other ...