How to break a pension system" (link). Some quotes and comments in the thread below. 1/
pensions system? We were asked this question a few weeks ago, by one of our clients. Our short answer was: Yes, it looks like the academics were
probably right to strike." 2/
strategy by switching from equities into bonds", @FixingEconomics writes: 3/
If we accept universities are a perpetual industry, then future pension contributions from university staff should be considered a perpetual income stream." 11/
"As we see it, much of the problem lies in the rigid guarantees built into Defined Benefit Schemes...." 14/
By relaxing the guarantees pension schemes would be able to invest in more appropriate higher returning equities...." 15/