Japan public pension fund hires private equity executive

I've been paying and paying into the pension fund. I hope it still exists when I get there!

Keep the financial services people away from my money! They will end up pocketing the bulk of the returns. Commissions (ie, our money) is the source of their massive incomes.

Stick the funds in index tracker funds....problem solved.

Investing in the secondary market is a sure sign that it's about to go "poof!"

Little regulation, VERY illiquid (can't sell if there's a panic), and it ONLY exists because of unnaturally low interest rates.

It means that people are very desperate for yield. This is what happens when inflation starts to go up (killing savers) and interest is unnaturally low (making it near impossible to keep up with inflation on your investments).

How long before this is all squandered, lost, stolen, misused and frittered away ?

I've been paying and paying into the pension fund. I hope it still exists when I get there!

How long before this is all squandered, lost, stolen, misused and frittered away?

At the moment there is very little point in paying into this fund. The rate of return is so low you might as well invest in UK or US Treasury bonds - guaranteed and better interest rate return. Hell, you wouldn't notice much difference if you kept the money under your mattress!

This shake-up sounds like a good thing. People actually might get decent returns, and there's no reason risky investments need be made.

Grim outlook for tomorrow's pensioners.

Normally I would say something about risk vs. reward, but in this case Shumatsu Samurai is correct - there are already "risk free" alternatives with better returns.

The future of the fund will be easy come easy go