The story of the markets over the last 10 years has been one of remarkable change. Yet economies are still struggling.
Antonio Rodriguez, CFA, CIPM, director of investment strategy for the New York City Board of Education Retirement System (BERS), speaks to Paul Kovarsky, CFA, about the challenges public pension trustees face in the United States and how they can better inform one another's efforts.
“Where are the screaming actuaries yelling in these burning theaters?” Jeremy Gold once asked. Gold passed away earlier this month, leading Heidi Raubenheimer, PhD, CFA, to recall his words and reflect on the state of the retirement crisis.
The author, a thought leader in the pension industry, covers a broad spectrum of pension management topics. He focuses on changes the industry needs to make in order to overcome its challenges — in particular, its failure to achieve its goals of affordability and retirement security. The solutions already exist; the problem is one of implementation.
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