Thursday, October 29, 2020

Tag: Pension Mismanagement Creates More Uncertainty for Retirees

Pension Mismanagement Creates More Uncertainty for Retirees

from Birch Gold Group:

Public and private pensions are in trouble. There needs to be a major overhaul to the way pensions are operated or they will likely go extinct.

Worldwide, pensions are piling up debt towards the $400 trillion level. Corporate pensions are suffering as well, with large companies considering whether or not to pull the plug on their programs.

Now it appears the alleged mismanagement of pension funds has resulted in legal action against pension programs.