Sun Life takes low tech, highbrow strategy in Asia

FinanceAsia Many Asian governments are using the American 401k model to reform pension systems, but the end result rarely looks like 401k. What kind of models should they be looking at

Douglas Henck I'm still struck by what Chile did in 1981 when I arrived there with Aetna. Then, 100% of pension fund assets were invested in either bank CDs or government bonds. Chile was the first emerging market to privatize. It started in 1973 after Allende was elected and led to nationalizations,...