By Matthew Burgess
Source: Bloomberg
Iceland has the best pension system in the world, according to a global study that shines a light on how nations are preparing their aging populations for retirement.
The country took the top spot in the Mercer CFA Institute Global Pension Index published Tuesday, drawing praise for being well governed and providing strong benefits to retirees, including a generous state pension. The Netherlands and Denmark came in second and third respectively after holding the top spots for the past decade.