“Luxembourg moves up three spots to 10th overall in this year’s GRI. It improves its score in the Material Wellbeing (5th) and Quality of Life (20th) sub-indices but declines in Finances (29th). Its score for the Health (1st) sub-index remains unchanged from last year.
For the second year in a row, Luxembourg ranks first in the Health sub-index. It has top 10 rankings in all three indicators, finishing eighth in life expectancy, second in health expenditure per capita and fourth in insured health expenditure.”
The Natixis report, issued on 19 July, also stated:
“Finance is the only sub-index in which Luxembourg registers a decline compared to last year. This is due to the impact of interest rates; every other indicator either improves or stays the same. Indeed, it ranks first in bank non-performing loans, fourth in government indebtedness and seventh in governance.”
Globally, countries in Europe and North America performed best in the rankings.
Top 25 countries in the Natixis 2017 Global Retirement Index
Luxembourg ranked 13th in last year’s edition of the index even though its overall score, 76%, remained the same.
Natixis is one of the world’s largest investment management firms, running several private and public retirement funds.