Healthcare

In a recent op-ed piece in The Wall Street Journal Charles Schwab highlights the fact that the vast majority of retirees in the U.S. are suffering in the current low interest rate environment. The paltry returns on savings--the average rate on a one year CD is 1.3 percent--are 76 percent lower than even four years ago.

The CFA Institute recently published an interview with Amlan Roy in the March/April issue of CFA Magazine. Amlan Roy is the head of global demographics and pension research at Credit Suisse in London.