Removing the Lipstick from the “Pension Pig”

Published on
February 12th, 2020
47 minutes

“History Creates Generations, Generations Create History”

Removing the Lipstick from the “Pension Pig”

Real Vision Essential ·
Featuring Konstantin Boehmer

Published on: February 12th, 2020 • Duration: 47 minutes

Why have pension funds misjudged reality for decades – and how can you profit from this mispriced risk? Konstantin Boehmer of MacKenzie Investments walks viewers through the four major design flaws that are built into pension systems worldwide. He argues that pension fund managers have overestimated their ability to generate investment returns, and have pursued desperate measures by taking on too much risk in order to compensate for these faulty return expectations. Boehmer explains how the mismatch between retirees’ goals and pension fund managers' incentives has distorted the market, and suggests a few ways to protect yourself from the pensions crisis looming on the horizon. Filmed on January 13, 2020, in Toronto.