If pension funds are to incorporate ESG principles in their investment decisions, they must consider several risks and challenges. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran provide takeaways from the PRC 2021 Symposium.…Read More
The COVID-19 pandemic will likely have longer-term economic effects, as people fearing financial fragility are less likely to save more for retirement or to annuitize their retirement savings: new research from Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade.…Read More
Environmental, social, and governance (ESG) considerations in institutional investing have evolved over the past decades. Wharton Prof. Olivia S. Mitchell and Shankar Parameshwaran look at the ESG topics raised at the recent PRC Symposium.…Read More
Societal risks such as climate change, pandemics, and financial volatility can have long-term effects and challenge retirement planning and financial resilience, writes Anna M. Rappaport at the RetireSecure blog.…Read More
Maintaining and using a separate emergency savings account helps make households financially stronger and better able to save more for retirement, writes David John via the RetireSecure blog.…Read More
The Pension Research Council’s 2021 Symposium, “Sustainable Investment in Retirement Plans: Challenges and Opportunities,” cohosted by Brett Hammond of Capital Group, Raimond Maurer of Goethe University Frankfurt, and Wharton Prof. Olivia S. Mitchell, was held online April 29-30, 2021. Here are some of the highlights from the event.…Read More
Millennial and Gen Z adults lagged behind in retirement savings even before the pandemic, but after the past year’s economic hardships, many are now more committed to putting their finances in order, writes Jeanne de Cervens at the RetireSecure blog.…Read More
Opting for phased retirement? Find your own path for fulfillment, and a ‘life portfolio’ is as important as a financial portfolio, involving health, and the people, places, and activities you value, explains Anna Rappaport. Via the RetireSecure blog.…Read More
Many multiemployer pensions were already severely underfunded; the just-passed budget bill reduces penalties for employers withdrawing from those plans. Aharon Friedman believes potential consequences will be dire. Via the RetireSecure blog.…Read More
Financial wellness programs as an employee benefit have spread of late, but more can be done given COVID-19’s economic effects, explain Kevin Crain, Surya Kolluri, and Sheila Gorman. See our new RetireSecure blog.…Read More
