NACD - National Association of Corporate Directors

Keep Politics Out of Retirement Funds

Everyone is aware of the serious situation facing many of the nation’s large public pension funds. Some of the problems are of their own making – bad decisions based on bad assumptions exacerbated by bad management and enabled by bad politics. But according to a new report issued just recently by the American Council for Capital Formation (ACCF), at least some of the blame needs to be assigned to fund managers’ investment decision-making.

To read the full article, visit E21 Manhattan Institute.