Pension Fund Management Quotes

After World War II, there were a lot of pension funds in Europe that were fully funded, but they were pressured to hold a lot of government debt. There was a lot of inflation, and the value of all those assets fell. Those pension funds couldn't honor their promises to the people.

During my four years as treasurer, we restructured our pension system, cutting the state's unfunded liability almost by half and putting our retirement system on stronger footing.

I don't look at my pension. It's not as big as yours so it doesn't take as long.

We have pension funds with 1.5 trillion euros investments, and they want to find business opportunities in India.

If you can't trust your boss - or your pension company - to take care of your investment, who can you trust? The vast majority of company chiefs take their responsibilities seriously and protect their workers' final salary pensions. But for too long, the reckless few playing fast and loose with people's futures have got away scot-free.

... Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance!

I first had money for investment just at the time of the 2008 crisis and shares have been highly volatile since then. So I do have shares in my pension but I have tended to invest in specific projects that include property and private companies that have been very well researched by my advisers.

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.