Mercer CFA Institute Global Pension Index 2023 

The Mercer CFA Institute Global Pension Index benchmarks 47 retirement income systems around the world, highlighting challenges and opportunities within each. Botswana, Croatia and Kazakhstan were added to the mix this year. We also used updated data from the OECD and added some new questions to the integrity sub-index. The Index is made up of three sub-indices, including adequacy, sustainability and integrity, to measure each retirement income system against more than 50 indicators. 

Each year we include a special feature that looks at a topical issue within the pension space. This year we take a deep-dive into the growing impact of AI on pension systems and their members. Download the report below to discover more about the analysis and your pension system.

The prevalence of artificial intelligence (AI) is likely to increase significantly over the next decade, impacting every aspect of our pension and social security systems. In the investment industry we’re already seeing AI being used for portfolio and risk management, trading, automated advice and client onboarding for example. 

CFA Institute recently surveyed its members¹ and found that AI and big data are helping firms by enabling staff to be more productive, providing greater insight that helps lead to better products and services and facilitating better decision-making through enhanced modelling. In the report we look at AI’s impact on pension plan operations, member engagement and retirement planning, and examine the challenges and risks.