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Andrew Formica, chief executive, Henderson Global Investors

One of the primary causes of secular stagnation is ageing populations in the developed world. This results in a greater need for retirement planning and saving, which represents an opportunity for the pensions and investment industry. However, lower expected future investment returns will clearly be a concern, particularly the effect on pension scheme deficits.

Financial News asks senior asset management executives: How concerned should the pensions and investment industry be about secular stagnation?

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Views from the Top: Secular stagnation worries

Clare Dickinson

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