Capitalized pension funds can save your economy
Canada, Australia, and Sweden each fund retirement differently, but all three outperform countries that have yet to invest their pension money. Professors Patrick Augustin and Sebastien Betermier, experts in Finance from McGill University, have found a virtuous cycle created by invested pension funds. Not only do they better support an aging population, but they can fuel a lagging economy and encourage citizens to invest themselves. The catch: waiting to reform comes at a high cost.
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