The direction of travel in South America is being watched carefully seriously by wise people such as John Mitchem and Andrew Young.
Today John Mitchem is putting Columbia in the spotlight and Andrew Young points to a country that is consolidating its pensions as he wishes Nest to consolidate Auto-Enrolment savings that aren’t getting value for the saver’s money. Meanwhile he is interested in moves in Columbia to give other “pension savings” more freedom
I have written this weekend of the work by Sam Seaton to show the difference in outcomes of the various UK workplace pensions and Andrew point us to Chile’s work in reducing outcome variability.
Arun Muralidhar has his experience of Brazil. There is much to be said for those with cash but too little income to swap savings for Government guaranteed wage for 20 years using what Arun has called SeLFIES.
We should not ignore South America as a place to understand pensions reform.
Here’s John’s update – published yesterday.
