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Friday, March 09, 2007

Pension funds, investors worry about the downside of living a long life

Pension funds, investors worry about the downside of living a long life

So-called longevity risk, in which people outlive their money, is leading pension funds and other traditionally conservative investments to take on additional risks. As life expectancy rises, low yields on long-term bonds are unlikely to provide enough income for aging investors.

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pension, investments, retirement

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