The ageing of society is a current challenge in developed countries and an imminent challenge in others. By 2030, it will be a major issue in most of today’s emerging economies, and by 2050, few countries will be unaffected. With an ageing population, a declining labour force, and alarming healthcare and pension benefit costs, concerted effort from government, private sectors and civil societies is essential to address these concerns.

The Forum has addressed the challenge of financing retirement and healthcare in a report entitled Transforming Pensions and Healthcare in a Rapidly Ageing World. Prepared in collaboration with Mercer and the Organisation for Economic Co-operation and Development (OECD) the report looks at the implications of demographic changes 20 years from now.

The report highlights 11 options to better cater for the changing retirement and healthcare expectations, especially at a time when resources are stretched. Watch a four-minute interview with the Forum's co-authors of the report, Chiemi Hayashi and Bernd Jan Sikken.

The full report can be viewed here.