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Te's and sees apply. Before the market's most recent correction, underfunded pensions were already a concern.

Now that prices have fallen along with interest rates, pensions may be in an even worse position.

Leo Kolavakis returns to update Ed Harrison and Realvision viewers on the state of the

global pension system with a specific focus on how the short-vall trade and private market

investments have been affected by the crisis.

Welcome to Real Vision here. I'm talking to Leo Kolivoches, who is the founder and

editor, publisher of Pension Pulse. You're a pension expert Leo, and I'm talking to you because

you know we're in the middle of a crisis that really I think is affecting pensions and I want

to get your perspective on you know what the

effect exactly is on pensions their solvency and what the risks are going

forward so thanks for joining us. Thank you for having me head.

I'm glad to be here and I'm glad talk about pensions, the pandemic,

and how it's affecting pension plans all over the world.

The first thing I would say is the obvious that

...