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What shape would the regulation for the latter look like? Should policy holders or pensioners have the ability to veto these investments? I don't want someone t
by bastawhiz 7y ago
What shape would the regulation for the latter look like? Should policy holders or pensioners have the ability to veto these investments? I don't want someone to lose their pension over a poor investment by a greedy fund manager. But I also can't think of how you'd draw a line where the investment is "too risky", or rather "too high of a risk to justify the effects on the persons who would be affected if the investment fell through".
- skybrian 7y agoIn principle, it seems like it would be pretty easy to limit pensions to a short list of conventional investments specified by a regulator, such as the sort of thing normally allowed in a 401k. The line would be fairly arbitrary but I don't see why that would make it particularly hard to implement?
- aaronblohowiak 7y agoSounds like you want defined contribution not defined benefit retirement