Beware the sting in the tail

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Sorca Kelly-Scholte: We expect pension funds to grind, rather than glide, towards fuller funding
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Sorca Kelly-Scholte: We expect pension funds to grind, rather than glide, towards fuller funding

Sorca Kelly-Scholte says steady but low growth will keep rates historically low, while markets are likely to tumble at some point over the next few years

One of the ironies of the post-financial crisis period is that we continue to feel so impoverished despite having experienced one of the longest bull runs in capital market history. Pension funds a...

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