Magazine
Latest Issue

Investment report: pensions—prepare rather than predict

Focus on how the world is likely to change in the decades ahead but also acknowledge how uncertain that future is

By Duncan Weldon   April 2019

ack in 1989, the Chinese economy (accounting for inflation, differential prices and exchange rates) represented just 4 per cent of the world’s GDP as against 22 per cent for the US. This year, according to the IMF, China’s share will be 19 per cent and America’s 15 per cent

Almost by definition, when you’re thinking about pension saving you should be thinking long term. But how long, exactly? As Keynes quipped, in the long run we’re all dead, so there is a balance to be struck. While constantly checking the FTSE 100’s closing price and always trying to catch the “next big thing” is not a sensible route to a comfortable retirement, an “invest and…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect