Pensions and politics: why governments can’t keep their hands off private assets

(Image: Getty)

Tue, 21 Oct 2025

The soon not-to-be Mercer has issued a polite warning about the increasing politicisation of private pension funds in its latest global review of more than 50 retirement savings regimes.“Governments around the world have regulated, restricted or influenced the investments of private pension funds in a variety of ways for many decades,” the Mercer report says.In fact, most of the modern-age retirement savings schemes wouldn’t exist without respective government interventions, as per the Australian superannuation system and the...

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