Equities are the only sensible foundation for private pensions | Curio
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Equities are the only sensible foundation for private pensions

5 mins | Jul 16, 2021
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Outperformance occurred despite the Depression and the global financial crisis. British pension arrangements have allowed the older generation to remove the risk-bearing capacity of private sponsors and have moved the younger generation into permanent insecurity. Martin Wolf argues that the massive long-term outperformance of equities should be the future foundation for private pensions.
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