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Wishful Thinking in a World Without Yield

Public pensions struggle to increase their yields in a low return world. Also, pension trustees are often political appointees lacking financial backgrounds, so they may not fully consider the risks of potential new investment options, says Wharton Prof. Olivia S. Mitchell, in the WSJ.

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June 21, 2021   |   News and Media interest rates, low returns, retirement, retirement security
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