A lot of assumed return rates are unrealistically high. But lowering them can turn a retirement program into a political buzzsaw. Some plans just say no to that idea.
Using investments to improve the world.
Private equity isn’t always a market beater and charges high fees. Besides, it’ll be confined to larger investment pools, like target-date funds, which limits its impact.
Under new set-up, a plan is over-funded, which serves as a cushion in a downturn. Any benefit cuts are only as a last resort.
UK’s largest pension plan will shun investments, like tobacco and coal, it deems ‘financially unsuitable.’
Insider tips for securing and managing your remote workforce.
Market downturn could be the final straw for struggling public pension plans.