Thai watchdog flags lessons for new pension scheme

Thailand’s new mandatory defined contribution (DC) scheme for formal-sector employees, which has been in the works for years, has the potential to make vast improvements over existing voluntary schemes in the country, a top executive from the Securities and Exchange Commision (SEC) has said. These improvements could take the form of a centralised registry, better diversification of investment assets and more user-friendly features for employees. When up and running, the mandator…