On www.pensionriskmatters.com, financial expert Susan Mangiero discusses pension risk, asset allocation, hedge funds, private equity funds, fees and valuation within a fiduciary framework.
The blog has served as a resource for Employee Retirement Income Security Act (ERISA), public and non-U.S. pension plan trustees, CFOs, board members, actuaries, advisers, attorneys, auditors, consultants, money managers and regulators.
“The retirement crunch is global, gigantic and not going away any time soon,” said Mangiero. “Expect a heightened focus on how benefit plans are being managed and by whom. Investors and workers are influenced by new rules, market complexities and an active plaintiffs’ bar. With a radical change in demographics, longer life spans, anemic private savings and concern about safety net programs such as Social Security, pension risk governance and the role of the fiduciary cannot be ignored.”Mangiero is a CFA charterholder, accredited investment fiduciary analyst, and a certified financial risk manager, as well as the author of Risk Management for Pensions, Endowments and Foundations.