Robert Merton
Pension funds don't deserve our money
Submitted by loner on 15 May, 2004 - 6:41pmThe so-called experts reckon we're not saving enough for our retirement. This claim has the same credibility and motivation as Fred Elliott's belief that we're not eating enough meat.
If you want to know why we're not saving enough, just look at the latest numbers from performance consultants Russell Mellon Caps. They show that pension funds don't deserve to manage our money.
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