SRI report finds Asian pension provision lacking

ASrIA has published a report on SRI and pension provision in Asia.

The report covers social security for the elderly in Asia, examining the role of socially responsible investment SRI in redressing what it describes as a dire issue. The report looks at pension schemes in Japan, China, South Korea, Taiwan, Hong Kong SAR, The Philippines, Malaysia, Thailand, Singapore and Indonesia.

Key findings of the report include the following.

Asia's demographic time bomb is ticking. While Asia accounted for 28% of the world's population aged 60 and older in 1985, that proportion will more than double to 58% in 2050. The rate of aging in the region will be the fastest in the world, and in absolute numbers, the ôglobal challenges facing social security systemsö...

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