alt Hacker NewsThe argument that letting people invest their own money leads to a distortion of asset markets is the most amusing thing I've read today.
The argument that letting people invest their own money leads to a distortion of asset markets is the most amusing thing I've read today.
Pensions are not investment funds (for the individual employee/retiree). They are distinct from 401ks and their ilk. GP explicitly spoke about "pensions", which have almost no requirement to diversify - at least one I know of was discovered to be "invested" in luxury rugs and furniture for the CEO (Their value will go up!!! /s).