The Pension Challenge : Risk Transfers and Retirement Income Security Hardback
Edited by Olivia S. (Executive Director of the Pension Research Council, Wharton School, University Mitchell, Kent (, Assistant Professor in the Insurance and Risk Management Department, Wharton Schoo Smetters
Part of the Pensions Research Council series
Hardback
Description
This book, the first in a new series produced by the Pension Research Council of the Wharton School in collaboration with Oxford University Press, explores ways to enhance retirement security in a volatile financial environment.
Mitchell and Smetters begin by assessing the myriad retirement risks confronting employees, retirees, employers, and governments, and it shows how stakeholders can work to reinvent pensions that perform well in a competitive global setting.
Contributors then indicate how pension systems can be better designed to help protect against these risks.
Of special interest is a discussion of new financial products and structures to meet and manage challenges to old-age security.
Examples considered include pension investment guarantees and hedges, adapting catastrophe bonds to the pension context, and key regulatory structures and portfolio requirements designed to protect unwary or unwitting pension participants.
The contributors draw important lessons for a wide range of countries, drawing from both developed and developing market experiences.
Contributors include world-famous finance experts and risk management faculty, development economists, pension regulators, and pension consultants.
Information
-
Out of stock
- Format:Hardback
- Pages:362 pages, numerous line drawings and tables
- Publisher:Oxford University Press
- Publication Date:13/11/2003
- Category:
- ISBN:9780199266913
Information
-
Out of stock
- Format:Hardback
- Pages:362 pages, numerous line drawings and tables
- Publisher:Oxford University Press
- Publication Date:13/11/2003
- Category:
- ISBN:9780199266913
