Overall Findings 2021

The Global Pension Transparency Benchmark has revealed the need for serious improvement in pension transparency across the globe.

Overall the transparency of disclosure varies greatly, both between countries and between funds, across factors that were measured. In some instances there are wild variances between the best and worst performers.

While some countries and funds scored well on certain factors, on average transparency of disclosure needs improvement. Overall pension funds around the world scored best on performance disclosure, followed by governance, cost and responsible investment. But the average scores were low, with only the performance factor score demonstrating above average results (average country score of 68).