Here’s the kicker: When interest rates are held at very low levels year after year, they make it more difficult for pension funds to achieve their desired returns, and they move the goalposts farther and farther away from the ball.
Read the complete article at MoneyMorning here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.