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Pensions are owned by people. Social wealth funds can be an exception if required. These are not difficult problems to solve.
by olddustytrail 1y ago
Pensions are owned by people. Social wealth funds can be an exception if required. These are not difficult problems to solve.
- astrange 1y ago> Pensions are owned by people. No they aren't, that's the point of a defined-benefit system like a pension. You don't own it but instead get guaranteed payments from it. Owning things involves risk; it's not always good.
- olddustytrail 1y agoYou have a defined benefit pension? In the UK they've all gone contribution. So my pension is owned by me. I can buy an annuity from that but there's no reason that can't be a service company owned by a person just like insurance. Again, it's solvable.