Re:GameStop Is Rage Against the Financial Machine
by admax88q on Wednesday January 27, 2021 @05:58PM
(#25935332)
The goal is to make enough money for pensioners to live off.
If the goal was to reduce risk then pensions would be better off being held in cash. But pension funds dont have enough cash to meet needs so they have to grow.
Re:GameStop Is Rage Against the Financial Machine
by GordonS on Wednesday January 27, 2021 @06:04PM
(#25935395)
Pension pots actually often do follow a path of minimising risk, with the percentage held in cash and government bonds increasing as pensionable age nears.
If the goal was to reduce risk then pensions would be better off being held in cash. But pension funds dont have enough cash to meet needs so they have to grow.