Pensions and Provident Funds: Leveraging Technology to Secure Asia's Future

This Financial Insights report examines reform efforts in Asia's pensions and provident fund (PPF) industry. It presents two case studies showing how new technology and outsourcing are playing a central role in these reform activities.

"Today, Asia is enjoying strong economic growth coupled with favorable demographics," notes Douglas A. Jaffe, research director, Financial Insights Asia/Pacific. "However, old-age dependency ratios are increasing, and rapid economic growth will eventually slow."

Jaffe concludes, "This reality is forcing PPF reform onto government agendas, and leaders would be wise to consider the benefits of technology and outsourcing in helping achieve their reform goals."