By Gail Moss2021-02-18T12:27:00+00:00
International pension and savings plans (IPPs and ISPs) are increasing in popularity as the pandemic increases the risk of economic and political instability in challenging locations, according to a survey from consultants Willis Towers Watson (WTW).
The 2020 International Pension Plan Survey covered 988 IPPs and ISPs sponsored by 932 companies and with assets under management of US$17.2bn (€14.2bn), an increase of 56 schemes (6%) on 2019, when corresponding assets under management amounted to US$15.8bn.
The sample was made up of large and midsize multinational employers across a wide range of industry sectors, employing expatriate and local workforces participating in such schemes, ranging from fewer than ten to over 18,000 members.
Surge in expat demand for international pensions
international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.
International retirement, savings plans grow in popularity
pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.