A real-world look at the pension revolution underway The Future of Pension Management offers a progress report from the field, using actual case studies from around the world. In the mid-70s, Peter Drucker predicted that demographic dynamics would eventually turn pensions into a major societal issue; in 2007, author Keith Ambachsheer's book Pension Revolution laid out the ways in which Drucker's predictions had come to pass. This book provides a fresh look at the situation on the ground, and details the encouraging changes that have taken place in pension management concepts and practices. The challenges identified in 2007 are being addressed, and this report shows how design, management, and investment innovation have led to measurably better pension outcomes. Pensions have become an everyday news item, and people are rightly concerned about the security of their retirement in light of recent pension scandals and the global financial crisis. This book provides a note of encouragement, detailing the ways in which today's pensions are becoming more and more secure, and the new ideas and practices that are chipping away at the challenges. Learn how pension management practices are improving Examine the uptick in positive outcomes over recent years Discover why pension investing is turning toward the long-term Consider the challenges that remain and their possible solutions Drucker's vision of a needed pension revolution is unfolding in real time. Better pension designs, more effective pension governance, and more productive pension investing are mitigating many of the issues that threatened collapse. The Future of Pension Management provides a real-world update on the state of pensions today and a look forward to the changes we still need to make.
" --Peter Bernstein, founder and President, Peter L. Bernstein, Inc., and author of Capital Ideas and Against the Gods "This book describes one of the most ingenious inventions in the history of mankind: pension funds offering credible ...
Pension Clarity shows you how to address insufficiencies and opportunities in pension planning for the future, and how to build effective, secure, and reliable pension plans that mitigate risk.
A study by Robert Taggart , a George Washington University economist , which suggested that greater pension regulation by government , as proposed in the pension reform law , could lead to a stunting of pension plan growth , was pooh ...
The purpose of 'Pension & Retirement Plan Management: A Guide for Managers and Other Fiduciaries' is to provide reliable guidance for regulatory compliance, advice on managerial strategies, and some clarity on the underlying economics and ...
The administrative burdens and costs of operating DB plans is often cited by corporate plan sponsors as a major disincentive to operating this type of retirement plan (VanDerhei and Copeland 2001). Conclusion Observed differences in ...
This is the world of 'grey capitalism,' where employees' savings are sequestrated from them and pressed into the service of corporate aggrandisement.
If the concepts discussed in these pages help these funds prudently to achieve higher rates of return, then I will feel well repaid for the effort in putting this book together.
This book provides state-of-the-art analyses of these issues and should be required reading for scholars, practitioners, and anyone interested in the future of pensions.
This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes.
Achieving Investment Excellence spans the relevant fields." Theresa Whitmarsh, Executive Director, Washington State Investment Board, United States "This book is a great addition to financial literature.