Mature pension funds will not survive another financial crisis


The recent financial crisis has wiped billions of dollars off the value of pension schemes, but the long-term outlook for these funds is linked closely to their maturity. This is because a major financial crisis is much less harmful to a young pension system than a minor crisis is to a pension system already in the payout phase.

In the past decade, pension funds have learned to their cost that contributions are no longer a valid control instrument while in the future they will find out that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: