Capital Management in an Aging World

As Washington policymakers begin to debate a potential move from tax-funded to market financed social security systems, a number of political and technical questions arise. To this end, the CSIS Global Aging Initiative (GAI) hosted on December 10 a half-day conference to address how retirement capital will be invested in an aging world. “Capital Management in an Aging World,” co-sponsored by the Financial Services Forum and the Pension Research Council of the Wharton School of Business at the University of Pennsylvania, featured presentations by Charles Blahous of the White House National Economic Council and James B. Lockhart, deputy commissioner of the Social Security Administration.