A new not-for-profit think tank has been created with a lofty goal: to push for changes in the investment world to make things better for those who sock money away. 

The Thinking Ahead Institute, launched by Towers Watson, is "open to asset owners, investment managers and other groups motivated to influence the investment industry for the good of savers worldwide."

It already has 19 subscription members from Australia, France, South Africa, the U.K. and the U.S., interests with total assets of $5.6 trillion.

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