Governments under Fire for Damaging Workplace Pensions
PensionsEurope survey criticises tinkering with tax and investment policies, which results in poorer pension provision.
Former US Representative Earl Pomeroy praised public pension CIOs, saying problem is underfunding, not DB plans.
The old classic 60/40 portfolio has handily beaten its modern, diversified counterparts since the financial crisis.
Complicated regulations, policies, and procedures inhibit good investment decisions according to Oxford and Stanford Professors.
Corporate cash flow and other finance metrics should impact pension portfolio allocation, SEI says— but they are not.