Empty Nest Eggs: The Practical Drucker
How Drucker-like ideas are being put into action
Earlier this year, BMW’s pension plan in the United Kingdom entered into a multi-billion dollar “longevity swap” with Deutsche Bank’s insurance subsidiary, Abbey Life, which is designed to cover any costs arising in the event that the automaker’s retirees live longer than expected. This is one of a number of innovative solutions that companies are using to try to shore up their pension plans.
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