How Persistent Low Returns Will Shape Saving and Retirement

Financial market developments over the past decade have undermined what was once thought to be conventional wisdom about saving investment and retirement spending. <em>How Persistent Low Returns Will Shape Saving and Retirement</em> explores how the weak capital market performance predicted for the next several years will shape pension saving investment and decumulation plans. Academics policymakers and industry leaders debate alternative strategies to cope with these challenges globally as economic growth remains slow and low returns become the 'new normal.' <p/>This volume includes contributions from plan sponsors benefit specialists actuaries academics regulators and others working to design resilient pensions for the next decades. Together they identify several new tools for retirement savers and pension managers.<br>