That's why, in some cases, investing for growth in a retirement portfolio can be an important consideration, and why "pension manager thinking" is the key to retiring well on the assets you have.
Loyalton's mayor said there's no doubt the city messed up by granting pension benefits without thinking hard about whether the small town could pay for them down the line.
Asked whether the motive was financial, Willetts's PA told a journalist yesterday that it was "not unadjacent" to the shadow work and pensions secretary's thinking.
What was Kalra, a former San Jose City Council member who is no doubt familiar with how pensions are financed, thinking when he made this proposal?
The actuary advising San Diego's pension trustees at the time, Rick Roeder, said the disaster was caused by faulty thinking about pension math.
Hopkins told delegates at a Guardian seminar: "Individuals need to consider their future and I don't think they should consider it in older life: your pension, your future and thinking about what's your life plan".
Pensions Over the long term, you need to be thinking about pensions and individual savings accounts (ISAs).
Their governments will also want to consider how, by changing the amounts and the ways people save, pension reform might affect economic development.In 1994, the World Bank set out its thinking on pensions in developing countries in a landmark report.
According to Ronnie Bowie, one of the pension industry's most senior experts, there needs to be a shift in thinking about pensions, away from short-term cost savings to a broader review of the support offered by employers to all staff.
"These are people who are thinking about pensions," he said.
