Employee Benefits in Sweden 2021 Summary The Swedish social security system is an integral part of the country’s welfare system and is classified into two types: the universal and social insurance system (old system) and unified social insurance, and the individual notional and mandatory individual...
Employee Benefits in Nigeria 2021 Summary The Nigerian pension system has been facing much turbulence, regardless of the increase in the number of pensioners every year.The Nigerian pension system includes everyone from means-tested to private employees. Nigeria’s social security system is...
The Canadian asset management market registered a CAGR of 7.54% during the period, 2012 – 2017. - The Canadian industry is expected to grow at a faster rate to CAD 400 billion by 2024. The Canadian ETF market grew to CAD 156 billion (AUM), with inflows of CAD 20 billion. The Canadian equity ETF with the most inflows in 2018 was BMO...
Return with interest: Growth in funds under management has supported industry recovery Abstract Retail Superannuation Funds in Australia Industry firms provide retirement benefits to the general public on a commercial and for-profit basis. Funds with four or less members are excluded from the industry....
Employee Benefits in Portugal 2021 Summary The Portuguese social security system is based on universality; it ensures that the social protection provided by the system is available for everyone.It consists of the Public Social Security System, the Social Action System, and the Supplementary System. The...
Employee Benefits in Belgium 2021 Summary The Belgian social security system covers a large proportion of the country’s population and plays a significant role in its employee benefits landscape.However, the recent debt crisis in the European Union (EU) member states had an adverse impact on the...
Employee Benefits in Norway 2021 Summary The Norwegian employee benefits market is predominantly controlled by the public social security system; however, the growth of labor-intensive industries has fueled the growth of the country’s private benefits market over the last decade.The public social...
Employee Benefits in New Zealand 2021 Summary New Zealand has a comprehensive social security system, which is largely non-contributory.Neither employers nor employees contribute to social security funds, as they are tax-financed. However, employees and self-employed persons must contribute...
Employee Benefits in South Africa 2021 Summary South Africa has a well-developed social security system, which covers employees and their dependents, as well as unemployed persons and individuals.The Department of Labor (DoL) is the central labor administration body and is regulated by the Ministry...
Employee Benefits in Ukraine 2021 Summary Following its declaration of independence, Ukraine initiated socio-economic reforms and initiated the national social security system.The system is divided into Compulsory State Social insurance, which is funded by employee and employer contributions, and...