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FIS Santa Monica

Push the reset button on pension funds

The global economy is on life support and the best that can be expected for the next five to 10 years is to get out of the intensive care unit but not off the critical list. Slow growth, low interest rates, serious unemployment levels, marginalised activity in the growing informal sector, sovereignty as a defensive […]
FIS Santa Monica

Klinck: we don’t need any more product

The investment and pension industry has created too much complexity and added too many costs, and must move towards more simplicity, executive vice president and member of the management committee of State Street, Jack Klinck, told delegates in an opening address at the Fiduciary Investors Symposium in Santa Monica. Klinck observed four mega trends in […]