Tag Archives: pension insurance
A call for unfunded pensions
Con Keating gave a talk Wednesday in which he called for pensions to be unfunded, but insured. Key points Pooling is efficient We are definitely rich enough to afford pensions A pension is deferred compensation If pensions are unfunded, then insurance is needed Pooling Individual savings for retirement must be large enough to cover the … Continue reading
Don’t stop believing
The document is “Don’t stop believing: The state and future of UK occupational pensions” by Con Keating. Overview It seems to me that pensions are hard. Me, I just do easy things like write genetic algorithms for the fast, efficient generation of random portfolios and the optimization of portfolios. But Con gives pensions a go, … Continue reading
