PFA is a private pension fund, which means that it manages the money on behalf of current and future retirees. (Although we will not dive into the implications of the type of funds for investment management, PFA is primarily a defined contribution (DC) pension plan.) The liabilities of these clients (the pensions) are often decades into the future. Does this mean that PFA's horizon for tackling these challenges is also long term? 

Answer rating: 100% (QA)

Yes the nature of PFAs business managing funds for current and future retirees implies that its horizon for tackling challenges is indeed long term Si... View the full answer