Massachusetts Institute of Technology Sloan School of Management’s distinguished professor of finance

Investment Strategy

Merton: the individual plan man

A retirement solution that focuses on outcomes and is customised for each participant cannot be met by existing defined-benefit or defined-contribution designs, according to Nobel Prize-winning economist, Robert Merton, who advocates a “next-generation DC solution”. Merton, who is the Massachusetts Institute of Technology Sloan School of Management’s distinguished professor of finance and resident scientist at […]