Italy has been urged to rein in the cost of its first-pillar pensions as mounting age-related spending and high public debt intensify pressure on the country’s long-term fiscal sustainability, according to the OECD.

The OECD’s Economic Survey of Italy noted that pensions currently make up a high share of public spending, around 18 per cent of the country’s gross domestic product (GDP) compared to an average of around 12 per cent across OECD countries




Check out our latest news




Latest Podcasts



Check out our latest appointments



Check out our latest features



Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda

Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Advertisement