*Ph.D Research Scholar, Department of Business Administration, Lucknow University, Lucknow
**Assistant Professor, Department of Business Administration, Lucknow University, Lucknow
Online published on 18 April, 2015.
The factors influencing a person to collect wealth can be immense. It basically depends on the need of the person who has to accomplish the set targets and goals of his life. Accumulation of wealth assures the person that he would not have to face any adversity at the old age. There are many issues that drive the investors to get involved in the investment planning such as life expectancy, requirement of income and possible expenditures, policies related to taxation etc. are also important that affect planning retirement policy to meet the future requirement. This paper presents a review of different types of pension system and theories exist worldwide. Total 56 papers and study examined to define the different types of pension structure used worldwide.
