Retirement Savings in the Dark
For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
Once upon a time, and not so very long ago, most countries restricted the flow of money across their borders.
Not too long ago, my neighbor, Nikki, was entertaining a visitor from Peru. As they strolled along the streets of