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Why we need a pension revolution

Ambachtsheer, Keith - ;

A broad consensus exists that workplace pension arrangements around the world are sick and in need of strong medicine. Rather than resurrect the traditional defined-benefit (DB) plan or broaden defined-contribution (DC) plan coverage, this article argues that we move from an "either/or" to an "and/and" mindset to improve global workplace pension coverage, adequacy, and certainty. Pension arrangements can combine the best of DB and DC plans and minimize the impact of their less-attractive features. However, we must also redesign the institutions through which workplace pensions are delivered. The ideal pension-delivery institution is expert, has scale, and acts solely in the best interests of plan participants.


Ketersediaan

Call NumberLocationAvailable
FAJ6301PSB lt.dasar - Pascasarjana1
PenerbitVirginia: CFA Institute 2007
EdisiVol. 63, No. 1, Jan. - Feb., 2007
SubjekDefined-Benefit (DB) Plans
Defined-Contribution (DC) Plans
pension revolution
Optimal Pension System (OPS)
pension governance
ISBN/ISSN0015198X
KlasifikasiNONE
Deskripsi Fisik5 p.
Info Detail SpesifikFinancial Analysts Journal
Other Version/RelatedTidak tersedia versi lain
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