Education: OECD calls for reform of postsecondary vocational education and training in Denmark

Denmark should build on the strengths of its vocational and educational training programme to ensure that young people enter the labour market with the skills companies need and to meet the national goal of having 60% of young people enter higher education by 2020, according to a new OECD report.

Pension fund assets at record high but investment returns negative in 2011, says OECD

Pension fund assets in OECD countries hit a record USD 20.1 trillion in 2011 but return on investment fell below zero, with an average negative return of -1.7%s, according to the OECD’s latest Pension Markets in Focus. The report says that weak equity markets and low interest rates drove the poor performance.