A new minister responsible for retirement income strategy in the Finland to has commissioned a report from you. The report is to provide background information to assist the minister in improving retirement income outcomes. Your report should include a discussion of:

1) The importance of having a suitable retirement income strategy given the demographic profile of Finland (particularly age) relative to Australia;

2) The differences in how retirement incomes are funded across the population in the Finland compared to Australia;

3) How Finland is rated (overall and across the subindices), by the Mercer CFA Institute Global Pension Index;

https://www.cairn.info/revue-de-l-ofce-2020-6-page-105.htm

https://www.econstor.eu/bitstream/10419/221935/1/092-096-Forum-2-2020-Valkonen.pdf

https://www.lse.ac.uk/business/consulting/assets/documents/the-pension-system-in-finland.pdf

https://www.mercer.com/content/dam/mercer/attachments/private/gl-2021-global-pension-index-mercer.pdf

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1 The importance of having a suitable retirement income strategy given the demographic profile of Finland particularly age relative to Australia Finland like many other developed countries is facing a ... View the full answer