Nomura Asset Management has asked retired workers in its corporate group to form a team to help clients invest their pension funds, to survive in one of the world’s fastest aging economies.
Eight of the newly created nine-member retirement solutions department are in their 60s and had previously retired, said the team’s boss, Koji Nakamura. At only 56, he’s the odd one out.
"Having employees who have actually experienced retirement allows us to better identify customer needs,” Nakamura said in an interview. "Our mission is to cultivate the mindset of managing funds while gradually drawing down assets.”
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