Ex-NCSSF vice-chair’s pension ideas spark fierce debate

Searing reforms proposed by a former high-ranking board member of China's national pension fund manager have had a polarising effect on pension experts, with some welcoming the proposals and others deriding them. Under the plan put forward by Wang Zhongmin, ex-deputy chairman of the National Council of Social Security (NCSSF), investment assets would be shifted onto individuals for management rather than left with provincial authorities. The idea forms part of a set of suggested…