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Despite all this evidence, most pension professionals still question whether the Boots model can be universally applied.
Much of what the report says was already well known to pension professionals and the public; we all know that longevity is expensive, after all.
More and more pension professionals believe that funds should hold almost all of their assets tax-efficiently in the form of bonds because these best match the profile of future liabilities.
But the concepts that the pension professionals are wrangling over may ultimately hold answers for America's savers -- people who know they need to plan for retirement but can't imagine where to start.
The government is advising people not to take cold calls from fraudsters posing as pension professionals.
Similar(55)
The teaching unions have said they are seeking urgent meetings with Nicky Morgan to discuss pay, pensions and professional standards.
Mr. Garodnick has also begun to quiz pension and finance professionals about the office, which, as the city's top fiscal watchdog, manages billions of dollars in pension funds, oversees contracts and audits city agencies.
He adds that Kate should not consider transferring her BBC pension without taking professional advice.
But professional pension trustees work zealously to balance risk and reward in traditional pension plans, and workers also need to have a strategy and stick to it, financial planners say.
That stance reverses the conservative posture of investors a decade ago and appears somewhat aggressive when compared with the classic allocation of professional pension plan managers: 60percentt in stocks and 40percentt in bonds.
According to data from the Spectrum Group, a benefits consulting firm, 80percentt of 401(k) assets were in stocks in 1998 and 20percentt in bonds and other investments, a much more aggressive position than the 60 to 65percentthehe average professional pension fund manager puts in stocks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com