Instead of paying trading costs later on, inexperienced investors could be better off with larger initial allocations to alternatives, according to academics.
The pension chief at Manor, Switzerland’s largest department store, wants better yields on his investments—and is tearing up the Swiss rulebook to find them.
One in five UK pensions could be forced into the country’s lifeboat fund by 2050 if bond yields fail to meet official projections, a consultancy has claimed.