Will Pensions Run Out of Money and Collapse? with Ted Siedle
WTFinance
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The Red Flag: Lack of Transparency
Lack of transparency means your worst nightmare may be going on, but you're not allowed to see it. In many cases I have worked on American pension funds that have their money invested in the Cayman Islands and other places. And nobody knows whether the money is there. When they finally asked 10 years later,. They can't, they spent another 10 years of litigation. Trying to find out what happened to their money. So a great complexity should be red flag. Are there any other red flags that people should be aware of you haven't mentioned? The red flag is lack of transparency. Anytime what I encourage people to do. Wait and see what you when you ask for that information
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