Can retirement bonds prevent a pensions crisis?

Press review MallowStreet "(...) IEconomists from EDHEC Risk Institute have come up with a new idea about financing the years in which we won't or simply can’t work anymore: retirement bonds. But is it a viable solution or just an academic fad? Fears that the world is facing a pensions crisis – with large numbers of people unable to afford to retire or having to rely on the state – have become more widespread in recent years and led to a search for solutions to improve what pure defined contribution can offer"(...) Copyright MallowStreet https://secure.mallowstreet.com/article/b41105 2019