Why we have to make pensions boring again
July 19, 2018
Make pensions boring again and get off the retirement rollercoaster is the rallying cry from Sun Life Financial.
Brent Simmons, senior managing director and head, defined benefit solutions, said that for years now pension plan sponsors have been taking undue risks in chasing excess returns.
He said this business model has become accepted, with people lured by the prospect of making pension payments to employees cheaper than they would otherwise have been.
