For those of you who are not into the finance world, BlackRock is the world's largest asset manager with over $4.5 trillion in assets under management.
What I didn't know is that it has a Retirement Institute (BRI). This is what it says about itself:
It is established to enable our clients and broader community make better decisions about retirement and longevity. Lifespans have shot up over the last several decades but properly addressing greater longevity and its implications has yet to catch up. We at BlackRock recognize this emerging revolution—its challenges, its opportunities—and through BRI we join our voice with the voices of other experts to create and amplify some of the best thinking on retirement and longevity . . . . .
We all know that there a 101 Retirement institutes, think tanks, centres and other such ventures. Thers are often no more than a company wrapping up a few reports and a bit of research to demonstate some expertise in ageing in the hope of selling a few more products.
I suspect that BRI might be different. The organisation certainly has enough money to do just about whatever it wants. If the quality of this articles is anything to go by then I think it could be a real contributor to ageing business.
Never heard about the CoRI index? Now is your chance. Dick Stroud