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“The fund will sort it out”: Why that assumption keeps costing families their pensions

IOL ·
“The fund will sort it out”: Why that assumption keeps costing families their pensions

In more than three decades of consulting to retirement funds, I have sat across the table from more grieving families than I can count, and heard some version of the same sentence more times than I care to remember: “We assumed the fund would just pay out”.

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