Retirement for ordinary people
January 13 2014 | Retirement Planning | Article, Interview
The Business Times, p. 11
Retirement systems around the developed world are facing the problems of not being able to pay out what was promised, or falling short of giving what people need for a reasonable standard of living in their old age. SMU president Arnoud De Meyer and MIT Sloan School of Management finance professor and Nobel laureate Robert Merton discuss how to tackle that. CAl HAOXIANG reports